MongoDB Q1 FY2025 revenue $450.6M (+22% YoY); slower start to year, expects downstream impact

MongoDB, Inc.

Revenue $450.6M (+22% YoY); Atlas revenue up 32% to 70% of total; 49,200+ customers.
Net loss $80.6M ($1.10 EPS) vs $54.2M ($0.77) a year ago; non-GAAP net income $0.51 EPS.
Non-GAAP income from operations $32.8M, down from $43.7M; GAAP loss from operations $98.2M.
Cash $2.1B; free cash flow $61.0M vs $51.8M a year ago.
CEO cites slower Atlas consumption and new workload wins; downstream impact for rest of FY2025.

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