Database software firm MongoDB's Q2 adjusted profit beats analyst estimates

Mongodb

26/08/2025 21:13

Overview

MongoDB fiscal Q2 revenue rises 24% yr/yr, beating analyst expectations, per LSEG data

Adjusted EPS for fiscal Q2 beats consensus, per LSEG data

Atlas revenue, 74% of total, grows 29% yr/yr, driving overall results

Outlook

MongoDB raises full-year revenue guidance to $2.34 bln-$2.36 bln

Company expects Q3 revenue between $587 mln and $592 mln

MongoDB sees full-year non-GAAP net income per share $3.64 to $3.73

Company expects full-year non-GAAP income from operations $321 mln to $331 mln

Result Drivers

ATLAS GROWTH - Atlas revenue increased 29% yr/yr, making up 74% of total Q2 revenue

CUSTOMER EXPANSION - Added 2,800 customers in Q2, totaling over 59,900

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$591.40 mln
$553.40 mln (31 Analysts)
Q2 Adjusted EPS
Beat
$1
$0.66 (32 Analysts)
Q2 EPS
-$0.58
Q2 Adjusted Net Income
Beat
$87.20 mln
$57.80 mln (29 Analysts)
Q2 Net Income
-$47 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 30 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for MongoDB Inc is $275.00, about 20.6% above its August 25 closing price of $218.44

The stock recently traded at 64 times the next 12-month earnings vs. a P/E of 62 three months ago

Press Release: ID:nPn8vrYBYa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)