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MongoDB Inc.

American software company, developer of MongoDB

MongoDB, Inc. is an American software company that develops and provides commercial support for the source-available database engine MongoDB, a database for unstructured data.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

$2.5BRevenue, fiscal 20264
-$71.2MNet income, fiscal 20264
2007Founded1

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  • TickerMDB on Nasdaq1
  • Industrybusiness software industry, software industry1
  • HeadquartersNew York City1
  • Websitewww.mongodb.com
  • Incorporated inDE5
  • Business address1633 Broadway, 38Th Floor, New York, Ny 100195
  • Filer categoryLarge accelerated filer5
MongoDB Palo Alto Office 2
Photo: BrokenSegue, CC BY-SA 4.0, via Wikimedia Commons7

MongoDB, Inc. is an American software company that develops and provides commercial support for the source-available database engine MongoDB, a database for unstructured data. Over the years, the company has expanded the product from its NoSQL roots to have broader appeal to enterprise customers, such as adding ACID and transactions.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

71.7%Gross margin4
-5.6%Operating margin4
-2.9%Net margin4
22.8%Revenue growth, 20264
-2.4%Return on equity4
$500.2MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

MongoDB Atlas Related brought in 76% of the revenue MongoDB Inc. broke down this way in fiscal 2026.

  1. MongoDB Atlas Related$1.8B476%up 29% from 2025
  2. Other Subscription$578.1M424%up 7% from 2025
Products and services by year
Products and services202420252026
MongoDB Atlas Related$1.1B$1.4B$1.8B
Other Subscription$522.0M$538.7M$578.1M

Regions

Americas brought in 61% of the revenue MongoDB Inc. broke down this way in fiscal 2026.

  1. Americas$1.5B461%up 23% from 2025
  2. EMEA$680.8M428%up 23% from 2025
  3. Asia Pacific$285.5M412%up 19% from 2025
Regions by year
Regions202420252026
Americas$1.0B$1.2B$1.5B
EMEA$469.1M$553.1M$680.8M
Asia Pacific$197.6M$240.3M$285.5M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue28¢$696.1M
  • Research and development29¢$716.3M
  • Other costs42¢$1.0B
  • Interest0¢$3.1M
  • Income tax1¢$15.5M

Out of $2.5B in revenue.4 The company lost money this year.

Where each dollar of operating cash went, fiscal 2026

  • Capital spending1¢$5.0M
  • Share buybacks79¢$400.3M
  • Kept or used elsewhere20¢$99.9M

Out of $505.1M of cash from operations.4

Financial statements

Revenue891011124$2.5B in 2026+823% since 2019
0$1.0B$2.0B$3.0B2019: $267.0M$267.0M20192020: $421.7M$421.7M2020+58%2021: $590.4M$590.4M2021+40%2022: $873.8M$873.8M2022+48%2023: $1.3B$1.3B2023+47%2024: $1.7B$1.7B2024+31%2025: $2.0B$2.0B2025+19%2026: $2.5B$2.5B2026+23%
Gross profit891011124$1.8B in 2026+814% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $193.4M$193.4M20192020: $296.4M$296.4M2020+53%2021: $413.3M$413.3M2021+39%2022: $614.3M$614.3M2022+49%2023: $934.7M$934.7M2023+52%2024: $1.3B$1.3B2024+35%2025: $1.5B$1.5B2025+17%2026: $1.8B$1.8B2026+20%
Operating income891011124-$137.0M in 2026+40% since 2019
-$400.0M-$300.0M-$200.0M-$100.0M02019: -$97.8M-$97.8M20192020: -$147.9M-$147.9M2020+51%2021: -$209.3M-$209.3M2021+42%2022: -$289.4M-$289.4M2022+38%2023: -$346.7M-$346.7M2023+20%2024: -$233.7M-$233.7M2024−33%2025: -$216.1M-$216.1M2025−8%2026: -$137.0M-$137.0M2026−37%
Net income891011124-$71.2M in 2026−28% since 2019
-$400.0M-$300.0M-$200.0M-$100.0M02019: -$99.0M-$99.0M20192020: -$175.5M-$175.5M2020+77%2021: -$266.9M-$266.9M2021+52%2022: -$306.9M-$306.9M2022+15%2023: -$345.4M-$345.4M2023+13%2024: -$176.6M-$176.6M2024−49%2025: -$129.1M-$129.1M2025−27%2026: -$71.2M-$71.2M2026−45%

Every line of the income statement in the latest annual report, as filed.4

Period ending2026-01-312025-01-312024-01-31
Total revenue$2.5B$2.0B$1.7B
Total cost of revenue$696.1M$535.3M$424.5M
Gross profit$1.8B$1.5B$1.3B
Sales and marketing$944.4M$871.1M$782.8M
Research and development$716.3M$596.8M$515.9M
General and administrative$244.0M$219.2M$193.6M
Total operating expenses$1.9B$1.7B$1.5B
Loss from operations-$137.0M-$216.1M-$233.7M
Interest income$88.6M$95.7M$80.2M
Interest expense-$3.1M-$8.1M-$9.4M
Other expense, net-$4.2M-$3.1M-$635.0K
Loss before provision for (benefit from) income taxes-$55.7M-$131.6M-$163.5M
Provision for (benefit from) income taxes$15.5M-$2.5M$13.1M
Net loss-$71.2M-$129.1M-$176.6M
Net loss per share, diluted (in dollars per share)-$0.88-$1.73-$2.48
Net loss per share, basic (in dollars per share)-$0.88-$1.73-$2.48
Weighted-average shares used to compute net loss per share, diluted (in shares)81.2M shares74.6M shares71.2M shares
Weighted-average shares used to compute net loss per share, basic (in shares)81.2M shares74.6M shares71.2M shares

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The story

Founded by Dwight Merriman, Eliot Horowitz and Kevin P. Ryan in 2007.1

The company was first established in 2007 as 10gen. Based in New York City, 10gen was founded by former DoubleClick founder and CTO Dwight Merriman and former DoubleClick CEO and Gilt Groupe founder Kevin P. Ryan with former DoubleClick engineer and ShopWiki founder and CTO Eliot Horowitz and received $81 million in venture capital funding from Flybridge Capital Partners, In-Q-Tel, Intel Capital, New Enterprise Associates (NEA), Red Hat, Sequoia Capital, and Union Square Ventures. 10gen originally aimed to build a platform as a service architecture based entirely on open source components; however, the company was unable to find an existing database platform that met their principles for a cloud architecture. As a result, the company began to develop a document-oriented database system it called MongoDB. After realizing the potential of the software on its own, 10gen's team decided to scrap its cloud platform and focus on maintaining MongoDB instead. In February 2009, 10gen released MongoDB as an open source project. 10gen opened its first west coast office in August 2010, having offices in Palo Alto, Reston, London, Dublin, Barcelona, and Sydney by 2012.

In September 2012, 10gen was in The Wall Street Journal's The Next Big Thing 2012.

On August 27, 2013, 10gen announced that it would change its name to MongoDB Inc., associating itself more closely with what became its flagship products.

In 2013, the Identification Authority of India adopted MongoDB's software to analyze registration trends for new identity documents used to obtain government benefits in India. This raised concerns of potential espionage, since at-the-time MongoDB was partially funded by the United States CIA venture capital arm, In-Q-Tel. As of 2013, there is no evidence in the public domain the CIA actually has any influence over MongoDB.

On August 5, 2014, Dev Ittycheria was appointed president and chief executive officer.

By 2017, MongoDB had raised $311 million in funding from venture capitalists. MongoDB filed for an initial public offering on September 21, 2017 and went public on NASDAQ that October 20. It raised $192 million, valuing the company at $1.6 billion overall. Its market capitalization varied greatly afterwards, reaching $39 billion in 2021 and coming back down to $10 billion by 2024.

MongoDB acquired database engine company WiredTiger in 2014, followed by database-as-a-service company MLab for $68 million in 2018. The following year, in 2019, MongoDB acquired a mobile-focused database company called Realm for $39 million.

A secondary public offering was held on June 29, 2021. In 2022, MongoDB established its own venture capital fund.

Read the full text

On November 3, 2025, MongoDB announced that its Board of Directors has appointed Chirantan “CJ” Desai as President and Chief Executive Officer (“CEO”), effective November 10, 2025. Desai left the position for a new role at Meta in September 2026. After Desai's departure, Ittycheria returned as interim CEO.

From Wikipedia’s article on MongoDB Inc., shared under CC BY-SA 4.0.6

Leadership

Who has led MongoDB Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (5)

Products and brands

  • MongoDB

Listed on Wikidata.1

As of 2025, MongoDB was the fifth most popular database software. It focuses mostly on managing large databases of unstructured data. It's typically used for mobile and web apps that commonly use unstructured databases. As of 2024, there were 50,000 MongoDB customers. MongoDB was originally best known as a NoSQL database product. The company released a database as-a-service product called Atlas in 2016 that became 70 percent of MongoDB's revenue by 2024. Over time, MongoDB added analytics, transactional databases, encryption, vector databases, ACID, migration features, and other enterprise tools. Initially, the MongoDB software was free and open source under the AGPL license. MongoDB adopted an SSPL (server side public license) for future releases starting in 2018.

From Wikipedia’s article on MongoDB Inc., shared under CC BY-SA 4.0.6

Subsidiaries and ownership

Also owns

  • mLab since 2018

From Wikidata.1

Acquisitions

  1. 2018Acquired mLab1

Employees over time

  • 20255,6401

Former names

  • 10GEN INCJul 31, 2008 to Oct 17, 20135

Timeline

  1. Nov 10, 2025New chief executive Chirantan "CJ" Desai becomes CEO1
  2. Oct 19, 2017Went public Listed on NASDAQ1
  3. Sep 3, 2014New chief executive Dev Ittycheria becomes CEO1
  4. 2007Founded Founded1

Recent filings

  1. Oct 14, 20264
  2. Oct 14, 20264
  3. Oct 13, 2026144
  4. Oct 13, 20264
  5. Oct 9, 2026144
  6. Oct 9, 20264
  7. Oct 8, 2026144
  8. Oct 8, 20264
  9. Oct 6, 2026144
  10. Oct 5, 20264
  11. Oct 5, 20264
  12. Sep 29, 20268-K
  13. Sep 28, 20268-K
  14. Sep 21, 20264
  15. Sep 1, 20268-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2