$MDB (-0.97%)

🔹 Adj. EPS: $1.28 (Est. $0.66) 🟢

🔹 Revenue: $548.4M (Est. $519.6M) 🟢; UP +20% YoY

🔹 Subscription Rev: $531M; UP +19% YoY

FY26 Guidance:

🔹 Adj. EPS: $2.44-$2.62 (Est. $3.34) 🔴

🔹 Revenue: $2.24B-$2.28B (Est. $2.325B) 🔴

Q1'26 Outlook:

🔹 Adj. EPS: $0.63-$0.67 (Est. $0.62) 🟢

🔹 Revenue: $524M-$529M (Est. $527.1M) 🟡

Q4 Performance:

🔹 MongoDB Atlas Revenue: UP +24% YoY; 71% of total revenue

🔹 Adj. Operating Income: $112.5M (vs. $69.2M YoY)

🔹 Adj. Net Income: $108.4M (vs. $71.1M YoY)

🔹 Free Cash Flow: $22.9M (vs. $50.5M YoY)

Strategic & Business Updates:

🔹 Acquired Voyage AI to integrate advanced AI-powered information retrieval

🔹 Stock Buyback Program: $200M to offset dilution from Voyage AI acquisition

🔹 Completed Redemption of 2026 Convertible Notes, eliminating all debt

🔹 Lombard Odier modernizing legacy banking tech on MongoDB with AI

🔹 Recognized as a Leader in 2024 Gartner Magic Quadrant for Cloud Databases

CEO Dev Ittycheria's Commentary:

🔸 "We delivered a strong end to FY25 with 24% Atlas revenue growth and significant margin expansion. Our Voyage AI acquisition strengthens MongoDB’s position in trustworthy AI-powered applications, enabling real-time data and advanced retrieval models for faster, more intelligent development."

$MDB (-0.97%)
MongoDB says expects to see sequential decline in non-Atlas revenue in Q4 

Says in terms of Atlas consumption, expects to see a typical seasonal slowdown in Q4 driven by underlying application usage moderating during the holiday season. Says since Atlas consumption remained lower on a year-over-year basis in Q3, expects to see continued deceleration of Atlas year-over-year growth in Q4. Says expects to see a sequential decline in non-Atlas revenue in Q4, which is contrary to normal pattern. Says experienced a significant additional benefit from multi-year deals in Q3, which is not expected to recur in Q4.    

Says reallocating a portion of go-to-market resources from the mid-market to the enterprise channel. Says expects to see significantly fewer mid-market direct sales customer net additions and as a result, slower direct sales customer growth going forward. Comments taken from Q4 earnings conference call.

MongoDB CFO Michael Gordon Resigns

$MDB (-0.97%) MongoDB Inc. reported earnings

Q3 FY2025 results ended on October 31st 2024

- Revenue: $529.4M, +22% YoY

- Net Loss: $9.8M vs $29.3M loss in Q3 2023 

- Non-GAAP EPS: $1.16 vs $0.96 in Q3 2023

- Total customers reached 52,600+, continuing strong growth

CEO Dev Ittycheria: "MongoDB's third quarter results were significantly ahead of expectations on the top and bottom line, driven by better-than-expected EA performance and 26% Atlas revenue growth. We continue to see success winning new business due to the superiority of MongoDB's developer data platform."

🌱Revenue & Growth

- Subscription Revenue: $512.2M, +22% YoY

- Services Revenue: $17.2M, +18% YoY

- MongoDB Atlas Revenue: 68% of total revenue, +26% YoY

- Enterprise Advanced: 25% of subscription revenue

- Direct Sales: 88% of subscription revenue

💰Profits & Financials

- Gross Profit: $394.0M, 74% margin vs 75% YoY

- Non-GAAP Operating Income: $101.5M vs $78.5M YoY

- Operating Loss: $27.9M vs $45.2M loss YoY

- Free Cash Flow: $34.6M vs $35.0M YoY

- Cash & Investments: $2.3B

📌Business Highlights

- Released MongoDB 8.0 with 45+ architectural enhancements

- Named AWS Technology Partner of the Year for North America

- Obtained AWS Modernization Competency designation

- Launched MongoDB AI Applications Program (MAAP)

- Added new MAAP partners: Capgemini, Confluent, IBM, Unstructured, QuantumBlack

🔮Future Outlook

- Q4 Revenue: $515.0M-$519.0M

- Q4 Non-GAAP Income from Operations: $55.0M-$58.0M

- Q4 Non-GAAP EPS: $0.62-$0.65

- Full Year Revenue: $1.973B-$1.977B

- Full Year Non-GAAP Income from Operations: $241.8M-$244.8M

Do you think this is still a good ETF? A few years ago I bought Wisdom Cloud Computing ETF $WCLD (-0.1%)

It is an ETF where I have the most losses but I personally think it still has a future.

The ETF consists of:

Samsara Inc-Cl A 1.86% $IOT

Gitlab Inc-Cl A 1.86% $GTLB (-0.48%)

Box Inc - Class A 1.82% $BOX (-0.44%)

Zoominfo Technologies Inc-A 1.80% $ZTNO

Zoom Video Communications-A 1.79% $ZM (-0.58%)

Mongodb Inc 1.78% $MDB (-0.97%)

Veeva Systems Inc-Class A 1.75% $VEEV (-0.26%)

AvePoint Inc 1.71% $AVPT

Workday Inc 1.67% $WDAY (-0.38%)

Dropbox Inc-Class A 1.66% $DBX (-0.59%)

Remaining Portfolio 82.30%

I am curious about your opinion!

MongoDB Earnings $MDB (-0.97%)