MongoDB, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 Financial Results

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]