MongoDB (MDB) financial statements
MongoDB reported revenue of $2.5B in fiscal 2026, up 40.6% a year over 9 years.
Net income was -$71M and the operating margin -5.6%, against -60.4% in 2017.
Free cash flow was $500M, and the company returned $400M in net buybacks.
The diluted share count rose 565% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from MongoDB's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $115M | $166M | $267M | $422M | $590M | $874M | $1.3B | $1.7B | $2.0B | $2.5B |
| Cost of revenue | $30M | $43M | $74M | $125M | $177M | $259M | $349M | $424M | $535M | $696M |
| Gross profit | $85M | $123M | $193M | $296M | $413M | $614M | $935M | $1.3B | $1.5B | $1.8B |
| Research and development | $52M | $62M | $90M | $149M | $205M | $309M | $422M | $516M | $597M | $716M |
| Selling, general and admin | $102M | $146M | $201M | $295M | $417M | $595M | $860M | $976M | $1.1B | $1.2B |
| Operating income | -$69M | -$85M | -$98M | -$148M | -$209M | -$289M | -$347M | -$234M | -$216M | -$137M |
| Interest expense | $9,000 | $8,000 | $10M | $21M | $56M | $11M | $10M | $9M | $8M | $3M |
| Pre-tax income | -$69M | -$83M | -$102M | -$176M | -$263M | -$303M | -$333M | -$164M | -$132M | -$56M |
| Income tax | $719,000 | $1M | -$3M | -$656,000 | $4M | $4M | $12M | $13M | -$3M | $15M |
| Net income | -$70M | -$84M | -$99M | -$176M | -$267M | -$307M | -$345M | -$177M | -$129M | -$71M |
| EPS (diluted) | -$5.74 | -$3.54 | -$1.90 | -$3.14 | -$4.53 | -$4.75 | -$5.03 | -$2.48 | -$1.73 | -$0.88 |
| Diluted shares | 12M | 24M | 52M | 56M | 59M | 65M | 69M | 71M | 75M | 81M |
| Gross margin | 74.0% | 74.2% | 72.4% | 70.3% | 70.0% | 70.3% | 72.8% | 74.8% | 73.3% | 71.7% |
| Operating margin | -60.4% | -51.1% | -36.6% | -35.1% | -35.5% | -33.1% | -27.0% | -13.9% | -10.8% | -5.6% |
| Net margin | -61.0% | -50.6% | -37.1% | -41.6% | -45.2% | -35.1% | -26.9% | -10.5% | -6.4% | -2.9% |
Balance sheet
Fiscal years, from MongoDB's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $116M | $279M | $466M | $987M | $958M | $1.8B | $1.8B | $2.0B | $2.3B | $2.4B |
| Receivables | $31M | $51M | $73M | $86M | $135M | $195M | $285M | $326M | $393M | $499M |
| Total current assets | $158M | $347M | $566M | $1.1B | $1.1B | $2.1B | $2.2B | $2.5B | $2.9B | $3.1B |
| Property, plant and equipment | $5M | $60M | $74M | $58M | $62M | $63M | $58M | $53M | $46M | $40M |
| Goodwill | $2M | $2M | $42M | $56M | $56M | $58M | $70M | $70M | $70M | $191M |
| Total assets | $174M | $433M | $733M | $1.3B | $1.4B | $2.4B | $2.6B | $2.9B | $3.4B | $3.8B |
| Total current liabilities | $98M | $113M | $165M | $242M | $355M | $527M | $589M | $564M | $562M | $669M |
| Total liabilities | $116M | $185M | $469M | $1.2B | $1.4B | $1.8B | $1.8B | $1.8B | $648M | $806M |
| Shareholders' equity | -$245M | $248M | $265M | $83M | -$5M | $667M | $740M | $1.1B | $2.8B | $3.0B |
| Net debt | -$69M | -$62M | -$148M | -$706M | -$430M | -$474M | -$456M | -$803M | -$490M | -$1.1B |
Cash flow
Fiscal years, from MongoDB's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$38M | -$45M | -$42M | -$30M | -$43M | $7M | -$13M | $121M | $150M | $505M |
| Capital spending | $2M | $2M | $7M | $4M | $12M | $8M | $7M | $6M | $30M | $5M |
| Free cash flow | -$40M | -$47M | -$49M | -$33M | -$54M | -$1M | -$20M | $115M | $121M | $500M |
| Stock-based compensation | $21M | $21M | $37M | $76M | $149M | $251M | $381M | $457M | $494M | $550M |
| Share buybacks (net) | -$48,000 | -$242,000 | -$327,000 | -$43,000 | -$11,000 | $0 | $0 | $0 | $0 | -$400M |
| Free cash flow margin | -34.6% | -28.3% | -18.3% | -7.8% | -9.2% | -0.1% | -1.6% | 6.9% | 6.0% | 20.3% |
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Open MDB in InvestinglyQuestions
What was MongoDB's revenue in 2026?
$2.5B in fiscal 2026, from its 10-K filing.
How much free cash flow does MongoDB generate?
$500M in fiscal 2026 (operating cash flow minus capital spending).
From MongoDB's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.