earnings
confidence high
sentiment positive
materiality 0.80
MongoDB Q2 FY2022 revenue $199M (+44% YoY); Atlas revenue +83% YoY, 56% of total
MongoDB, Inc.
- Revenue $198.7M (+44% YoY); subscription rev $191.4M (+44%), services rev $7.4M (+27%).
- Atlas revenue grew 83% YoY, now 56% of total Q2 revenue; over 29,000 customers as of July 31, 2021.
- GAAP net loss $77.1M ($1.22 per share) vs $64.5M ($1.10) YoY; Non-GAAP net loss $15.2M ($0.24 per share).
- Cash, cash equivalents, short-term investments and restricted cash $1.8B; negative free cash flow $22.7M.
- Non-GAAP gross margin 72%; GAAP gross margin 69%; loss from operations $72.5M.