earnings
confidence high
sentiment neutral
materiality 0.70
MongoDB Q2 FY2025 revenue up 13% YoY to $478.1M; GAAP EPS loss widens to $0.74
MongoDB, Inc.
- Total revenue $478.1M (+13% YoY); Atlas revenue up 27% YoY, now 71% of total.
- GAAP net loss $54.5M ($0.74 EPS) vs. $37.6M ($0.53 EPS) a year ago; Non-GAAP EPS $0.70 down from $0.93.
- Gross margin 73% GAAP (75% non-GAAP), down from 75% (78% non-GAAP) YoY.
- Cash $2.3B; free cash flow negative $4.0M, improved from negative $27.3M YoY.
- Over 50,700 customers as of July 31, 2024; strong new workload acquisition cited.