Database software company MongoDB (MDB) reported Q1 CY2025 results topping the market’s revenue expectations , with sales up 21.9% year on year to $549 million. The company expects next quarter’s revenue to be around $550.5 million, close to analysts’ estimates. Its non-GAAP loss of $0.46 per share was significantly below analysts’ consensus estimates.

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MongoDB (MDB) Q1 CY2025 Highlights:

• Revenue: $549 million vs analyst estimates of $527.5 million (21.9% year-on-year growth, 4.1% beat)

• Adjusted EPS: -$0.46 vs analyst estimates of $0.66 (significant miss)

• Adjusted Operating Income: $87.43 million vs analyst estimates of $56.36 million (15.9% margin, 55.1% beat)

• The company slightly lifted its revenue guidance for the full year to $2.27 billion at the midpoint from $2.26 billion

• Management raised its full-year Adjusted EPS guidance to $3.03 at the midpoint, a 19.8% increase

• Operating Margin: -9.8%, up from -21.8% in the same quarter last year

• Free Cash Flow Margin: 19.3%, up from 4.2% in the previous quarter

• Customers: 57,100, up from 54,500 in the previous quarter

• Billings: $509.4 million at quarter end, up 23.3% year on year

• Market Capitalization: $15.73 billion

Company Overview

Started in 2007 by the team behind Google’s ad platform, DoubleClick, MongoDB offers database-as-a-service that helps companies store large volumes of semi-structured data.

Sales Growth

A company’s long-term performance is an indicator of its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Over the last three years, MongoDB grew its sales at an impressive 29.1% compounded annual growth rate. Its growth beat the average software company and shows its offerings resonate with customers.

This quarter, MongoDB reported robust year-on-year revenue growth of 21.9%, and its $549 million of revenue topped Wall Street estimates by 4.1%. Company management is currently guiding for a 15.1% year-on-year increase in sales next quarter.

Looking further ahead, sell-side analysts expect revenue to grow 11.9% over the next 12 months, a deceleration versus the last three years. Still, this projection is above average for the sector and indicates the market is baking in some success for its newer products and services.

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