The database platform specialist reported impressive results, driven by strong cloud service performance.MongoDB (MDB 3.83%), a leading database platform provider, delivered an exceptional performance for the fourth quarter of its fiscal 2025. In its earnings release on March 5, the company reported revenue of $548.4 million, outperforming analysts' consensus forecast of $520 million and management's guidance range of $515 million to $519 million. Non-GAAP earnings per share (EPS) of $1.28 were well above t ...

Financial Performance - Fourth Quarter Fiscal 2025 total revenue was $548.4 million, up 20% year-over-year, while full year revenue reached $2.01 billion, up 19% year-over-year[1][6] - MongoDB Atlas revenue grew 24% year-over-year, accounting for 71% of total Q4 revenue[1][2] - Gross profit for Q4 was $399.4 million, representing a 73% gross margin, compared to 75% in the prior year[3] - Net income for Q4 was $15.8 million, or $0.20 per share, compared to a net loss of $55.5 million, or $0.77 per share, in the year-ago period[3] - Full year fiscal 2025 non-GAAP net income was $308.2 million, or $3.66 per share, compared to $274.2 million, or $3.33 per share, in the previous year[6] - Total revenue for the year ended January 31, 2025, was $2,016,000, an increase from $1,677,000 in 2024[28] Cash Flow and Operations - MongoDB generated $150.2 million of cash from operations during the year, an increase from $121.5 million in the prior year[6] - Cash flows from operating activities for the three months ended January 31, 2025, were $50,538, a decrease from $54,627 in the same period of 2024[26] - Net cash provided by operating activities for the year ended January 31, 2025, was $150.191 million, an increase of 23.6% from $121.477 million in 2024[31] - Free cash flow for the three months ended January 31, 2025, is $22.914 million, a decrease of 54.6% from $50.489 million in the same period of 2024[31] Customer Growth - Total customers increased to 54,500 as of January 31, 2025, up from 47,800 a year earlier, representing a growth of 14.2%[33] - Customers generating over $100K in annualized recurring revenue reached 2,396 as of January 31, 2025, an increase of 16.4% from 2,052 a year earlier[33] - Direct sales customers grew to 7,500 as of January 31, 2025, compared to 7,000 a year earlier, marking a 7.1% increase[33] - MongoDB Atlas customers increased to 53,100 as of January 31, 2025, up from 46,300 a year earlier, reflecting a growth of 14.6%[33] Future Guidance - For fiscal 2026, MongoDB expects revenue guidance of $2.240 billion to $2.280 billion, with non-GAAP income from operations projected between $210 million and $230 million[7][8] - The company anticipates a decline in non-Atlas revenue in high-single digits percentage terms year-over-year for fiscal 2026[7] Acquisitions and Investments - The company acquired Voyage AI to enhance its capabilities in AI applications, integrating real-time data and advanced models[6] - MongoDB announced a stock buyback program of $200 million to offset the dilutive impact of the Voyage AI acquisition[6] Assets and Equity - Total assets increased to $3.43 billion as of January 31, 2025, up from $2.87 billion a year earlier, reflecting a growth of 19.5%[22] - Total stockholders' equity rose to $2.78 billion as of January 31, 2025, compared to $1.07 billion in the previous year, marking a significant increase of 160.3%[22] Operating Expenses - Operating expenses for the three months ended January 31, 2025, were $417.9 million, slightly up from $414.3 million in the same period of 2024[24] - The company reported a loss from operations of $18.6 million for the three months ended January 31, 2025, an improvement from a loss of $71.0 million in the prior year[24] - The company reported a loss from operations on a GAAP basis of $18,562 for the three months ended January 31, 2025, compared to a loss of $70,966 in the same period of 2024[28] Stock and Shares - The weighted-average shares used to compute diluted net income per share increased to 84.6 million for the three months ended January 31, 2025, compared to 72.3 million in the same period of 2024[24] - Fully diluted non-GAAP net income per share for the three months ended January 31, 2025, is based on 84.6 million shares, compared to 82.9 million shares for the same period in 2024[30] Subscription Revenue - Subscription revenue reached $531.0 million for the three months ended January 31, 2025, up 19.4% from $444.9 million year-over-year[24] - The percentage of advanced subscription revenue decreased to 23% as of January 31, 2025, down from 28% a year earlier[38] Capital Expenditures - Capital expenditures for the three months ended January 31, 2025, were $25.979 million, significantly higher than $2.738 million in the same period of 2024[31]

Core Insights - MongoDB reported a total revenue of $548.4 million for Q4 Fiscal 2025, representing a 20% year-over-year increase, and a full-year revenue of $2.01 billion, up 19% year-over-year [1][6] - The company experienced strong customer growth, reaching over 54,500 customers as of January 31, 2025 [1] - MongoDB Atlas revenue grew by 24% year-over-year, accounting for 71% of total Q4 revenue [1][2] Financial Highlights for Q4 Fiscal 2025 - Subscription revenue was $531.0 million, a 19% increase year-over-year, while services revenue was $17.4 million, up 34% year-over-year [6] - Gross profit for Q4 was $399.4 million, yielding a gross margin of 73%, down from 75% in the previous year [6] - The company reported a loss from operations of $18.6 million, significantly improved from a loss of $71.0 million in the same quarter last year [6] - Net income for Q4 was $15.8 million, or $0.20 per share, compared to a net loss of $55.5 million, or $0.77 per share, in the prior year [6] Financial Highlights for Full Year Fiscal 2025 - Total revenue for the full year was $2.01 billion, with subscription revenue at $1.94 billion, both reflecting a 19% increase year-over-year [6] - Gross profit for the year was $1.47 billion, with a gross margin of 73%, down from 75% in the previous year [6] - The loss from operations for the full year was $216.1 million, an improvement from a loss of $233.7 million in the prior year [6] - Net loss for the year was $129.1 million, or $1.73 per share, compared to a net loss of $176.6 million, or $2.48 per share, in the previous year [6] Cash Flow and Financial Position - As of January 31, 2025, MongoDB had $2.3 billion in cash and cash equivalents [6] - The company generated $50.5 million in cash from operations during Q4, down from $54.6 million in the same period last year [6] - Free cash flow for Q4 was $22.9 million, compared to $50.5 million in the prior year [6] Strategic Developments - MongoDB acquired Voyage AI, enhancing its capabilities in AI applications and data retrieval [3][6] - The company announced a $200 million stock buyback program to offset the dilutive impact of the acquisition [6] - MongoDB was recognized as a Leader in the 2024 Gartner Magic Quadrant for Cloud Database Management Systems for the third consecutive year [6] Guidance for Fiscal 2026 - For Q1 Fiscal 2026, MongoDB expects revenue between $524.0 million and $529.0 million, and for the full year, revenue is projected to be between $2.240 billion and $2.280 billion [8][9] - Non-GAAP income from operations is expected to be between $54.0 million and $58.0 million for Q1, and between $210.0 million and $230.0 million for the full year [9]

Core Viewpoint - MongoDB Inc. is set to report its fourth-quarter earnings, with Wall Street expecting earnings per share (EPS) of 66 cents and revenues of $519.60 million, while the stock has experienced a significant decline of 37.60% over the past year but is up 3.31% year-to-date [1] Group 1: Stock Performance and Technical Analysis - MongoDB stock is currently trading at $253.40, showing a strongly bearish trend as it is below its five-day, 20-day, and 50-day exponential moving averages [2] - The stock is also below key simple moving averages, with the eight-day at $261.47, 20-day at $276.70, 50-day at $262.53, and 200-day at $270.11, indicating continued downside pressure [2] - The Moving Average Convergence Divergence (MACD) indicator at negative 3.78 reinforces the bearish sentiment, while the Relative Strength Index (RSI) at 38.55 suggests slight buying pressure, indicating the stock may be approaching oversold conditions [3] Group 2: Analyst Ratings and Price Targets - The consensus analyst rating for MongoDB stock is currently a Buy, with a price target of $364.68, indicating a potential upside of 29% [5] - Recent ratings from analysts at Rosenblatt, Loop Capital, and Scotiabank imply a 28.59% upside with a target price of $325 [5]

MongoDB, Inc. MDB will release its fourth-quarter financial results, after the closing bell, on Wednesday, March 5.Analysts expect the New York-based company to report quarterly earnings at 67 cents per share, down from 86 cents per share in the year-ago period. MongoDB projects quarterly revenue of $519.84 million, compared to $458 million a year earlier, according to data from Benzinga Pro.On Feb. 24, MongoDB announced it had acquired Voyage AI, which powered advanced AI applications.MongoDB shares fell 1 ...

Group 1 - Elastic has established a significant competitive advantage in high-performance search, which could be leveraged for generative AI applications in the future, potentially expanding its Total Addressable Market (TAM) and accelerating revenue growth [1] - Despite the potential for growth, Elastic's financial metrics indicate poorer performance historically and currently [1]

Core Insights - Wall Street analysts forecast MongoDB (MDB) to report quarterly earnings of $0.64 per share, reflecting a year-over-year decline of 25.6% [1] - Anticipated revenues are projected at $517.57 million, indicating a 13% increase compared to the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, suggesting analysts have reassessed their initial projections [1] Revenue Estimates - Analysts estimate 'Revenue- Services' to be $15.43 million, representing an 18.1% year-over-year increase [4] - The average prediction for 'Revenue- Subscription' is $502.11 million, indicating a 12.9% year-over-year change [4] - 'Revenue- Subscription - MongoDB Atlas-related' is expected to reach $375.86 million, reflecting a 19.9% year-over-year increase [4] - 'Revenue- Subscription - Other subscription' is projected at $126.33 million, showing a year-over-year decline of 3.9% [5] Customer Metrics - The consensus estimate for 'MongoDB Atlas customers' is 52,164, up from 46,300 in the previous year [5] Stock Performance - MongoDB shares have decreased by 3.2% over the past month, compared to a 2.4% decline in the Zacks S&P 500 composite [5] - With a Zacks Rank 3 (Hold), MDB is expected to closely follow overall market performance in the near term [5]

Core Insights - MongoDB, Inc. will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 6, 2025 [1][2] - The presentation will be led by CEO Dev Ittycheria and Interim CFO Serge Tanjga [1] - A live webcast of the presentation will be available on MongoDB's investor relations website, with a replay accessible for a limited time [2] Company Overview - MongoDB is headquartered in New York and aims to empower innovators by leveraging software and data [3] - The company offers a developer data platform that integrates various services to meet the demands of modern applications [3] - MongoDB has a global customer base with tens of thousands of clients across over 100 countries, and its database platform has been downloaded hundreds of millions of times since 2007 [3]

Company Acquisition - MongoDB has acquired artificial intelligence firm Voyage AI for $220 million to enhance its customers' ability to build AI-powered applications through improved information retrieval integrated with operational data [1] AI Application Challenges - AI-powered applications can handle complex use cases that traditional software cannot, but they may generate false or misleading information due to their probabilistic nature, which poses serious risks in critical areas like healthcare and legal advice [2] - High-quality information retrieval is essential for companies to ensure relevant data is accurately extracted from their datasets [3] Voyage AI's Technology - Voyage AI's advanced embedding and reranking models allow applications to interpret specialized and unstructured data, including legal and financial documents, images, and enterprise knowledge bases, and are trusted by notable AI innovators [4] - The integration of Voyage AI's technology with MongoDB's infrastructure is expected to create a more cohesive solution for AI developers, according to Voyage AI's co-founder and CEO [4] Humanoid Robots Market - The market for AI-powered humanoid robots is becoming increasingly competitive, with new products being released by various companies [4] - Humanoid robots face more complex challenges than traditional industrial robots, as they must operate in dynamic household environments where tasks vary significantly [5] - Effective functioning of humanoid robots in unpredictable settings requires AI, as preprogrammed instructions alone are insufficient [6]

Core Viewpoint - MongoDB's stock has faced a decline following a price target cut by Bernstein analyst Firoz Valliji, who reduced the target by nearly 12% to $357 per share, indicating a challenging outlook for the company heading into Q4 results [1] Group 1: Price Target and Analyst Outlook - Bernstein maintains an outperform rating on MongoDB despite the price target cut, suggesting that the stock may be a buy after the upcoming earnings report [2] - The stock's valuation has "reset," dropping from around $350 in early December to approximately $265 currently, which may present a buying opportunity post-earnings [2] Group 2: Recent Acquisition and Future Plans - MongoDB has acquired Voyage AI, a company specializing in advanced AI models, but details regarding the acquisition cost are not disclosed, making the upcoming earnings report crucial for understanding the implications of this acquisition [3] Group 3: Financial Metrics and Growth Projections - MongoDB is currently valued at $21.9 billion and has reported trailing free cash flow of $148 million, which has been increasing over the past two years, resulting in a price-to-free-cash-flow ratio of 148 [4] - Despite a 50% year-over-year increase in free cash flow over the last nine months, analysts predict significantly slower growth of 18% or less over the next five years, suggesting caution before making investment decisions [5]