Company Overview

MongoDB, Inc., together with its subsidiaries, provides a general-purpose database platform worldwide. The company offers MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the essential functionality for developers to get started with MongoDB.

The company was incorporated in 2007 and is headquartered in New York, New York. It was formerly known as 10gen, Inc. and officially changed its name to MongoDB, Inc. in August 2013. MongoDB is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol "MDB."

Financial Performance and Market Position

Recent Financial Results

- Fourth Quarter Fiscal 2025:

- Total Revenue: $548.4 million, up 20% Year-over-Year.

- MongoDB Atlas Revenue: Up 24% Year-over-Year, accounting for 71% of total revenue.

- Customer Growth: Over 54,500 customers as of January 31, 2025.

- Full Year Fiscal 2025:

- Total Revenue: $2.01 billion, up 19% Year-over-Year.

- Second Quarter Fiscal 2026:

- Total Revenue: $591.4 million, up 24% year-over-year.

- MongoDB Atlas Revenue: Up 29% year-over-year; 74% of Total Q2 Revenue.

- Customer Growth: Added 2,800 customers, with over 59,900 total customers as of July 31, 2025.

Key Financial Metrics

- Market Capitalization: $25.95 billion (as of September 23, 2025)

- Revenue Growth: In Fiscal Year 2025, MongoDB's revenue was $2.01 billion, an increase of 19.22% compared to the previous year's $1.68 billion.

- Customer Base: Millions of developers and over 59,900 customers across nearly every industry—including 70% of the Fortune 100—rely on MongoDB for their most critical applications.

Core Products and Services

MongoDB Atlas

MongoDB Atlas is positioned as the most widely available cloud-based developer data platform in the world. It has expanded its presence across AWS, Google Cloud, and Microsoft Azure, now available in 117 cloud regions globally. Atlas is designed to meet the needs of customers with demanding data residency, latency, and high availability requirements for their business-critical applications.

Product Portfolio

- MongoDB Atlas: Hosted multi-cloud database-as-a-service solution.

- MongoDB Enterprise Advanced: Commercial database server for enterprise deployments.

- Community Server: Free-to-download version for developers.

- Professional Services: Comprising consulting and training.

Technology Innovation and AI Integration

Recent AI Developments

MongoDB has made significant strides in AI by acquiring Voyage AI, a company recognized for its state-of-the-art embedding and reranking models crucial for next-generation AI applications. Integrating Voyage AI's technology into MongoDB's platform will empower organizations to easily build trustworthy, AI-powered applications by providing highly accurate and relevant information retrieval deeply integrated with operational data.

MongoDB was notably showcased as a key partner at Microsoft Ignite, highlighting its collaboration to further empower developers in securely leveraging large language models (LLMs) with their proprietary data. MongoDB Atlas is now integrated with Microsoft Fabric to facilitate large-scale AI workloads across enterprise data estates. Additionally, MongoDB Atlas Vector Search now offers native support for Microsoft Semantic Kernel, streamlining the process of working with LLMs.

Technical Capabilities

- Scalability: MongoDB's distributed architecture enables horizontal scaling, allowing organizations to seamlessly manage vast amounts of data and high traffic loads. Through sharding and replication, MongoDB ensures applications can scale efficiently as data demands grow.

- Developer-Friendly: The platform prioritizes developer experience with a user-friendly interface, comprehensive documentation, and a rich set of libraries, drivers, and tools that integrate smoothly with popular programming languages and frameworks. Developers can leverage MongoDB Query Language (MQL), which is expressive and intuitive for database interaction.

Market Position and Recognition

MongoDB was recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Cloud Database Management Systems. Gartner evaluated 20 vendors based on their Ability to Execute and Completeness of Vision. MongoDB's unified database platform is engineered to power the next generation of applications, making it the most widely available, globally distributed database on the market. With integrated capabilities for operational data, search, real-time analytics, and AI-powered data retrieval, MongoDB enables organizations to move faster, innovate more efficiently, and simplify complex architectures.

Strategic Partnerships

MongoDB has cultivated strategic partnerships with key organizations to enhance its business model and expand its market reach. These include collaborations with major cloud platform providers like Microsoft Azure and Google Cloud Platform, ensuring seamless integration and compatibility. MongoDB also partners with system integrators and technology resellers to broaden its customer base and provide comprehensive support and services, leveraging external expertise to augment its overall value proposition.

Mission and Vision

Headquartered in New York, MongoDB's mission is to empower innovators to create, transform, and disrupt industries with software. The company remains focused on expanding its global footprint and continuously enhancing its platform capabilities to meet the evolving needs of modern applications and AI-powered solutions. MongoDB has solidified its position as a leading player in the NoSQL database market, driven by strong revenue growth, particularly from its cloud-based Atlas platform. Its commitment to developer experience, scalability, and AI integration strategically positions it to capitalize on the dynamic data management landscape and the increasing demand for advanced application development platforms.