What is the primary revenue source for MongoDB (MDB)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze MDB's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out MongoDB's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How MongoDB Makes Money: MDB Revenue Breakdown (2027)

Operations

Where did the money come from, and where was it spent?

Watch

Revenue grew while operating profit fell, so growth did not translate into better earnings.

The largest revenue segment accounts for 73.89% of revenue, indicating concentration.

Operating margin declined by 10.18 percentage points year over year.

Revenue: USD 1.46B
Largest revenue segment share (MongoDB Atlas Related): 73.89%
Selling, general and administrative: USD 648.06M
Research and development: USD 414.28M

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

RevenueTotal revenue · RevenueFromContractWithCustomerExcludingAssessedTax
Selling, general and administrativesum(SellingAndMarketingExpense, GeneralAndAdministrativeExpense)
Largest revenue segment share (MongoDB Atlas Related)MongoDB Atlas Related · segment_value / revenue * 100
Research and developmentResearch and development · ResearchAndDevelopmentExpense
Operating marginIncome (loss) from operations · operating_income / revenue * 100

Assets

Where is the money tied up, and how is the company financed?

Neutral

Liabilities and shareholder equity jointly fund the asset base, with a broadly stable mix.

Cash and cash equivalents: USD 1.00B
Accounts receivable: USD 458.22M
Goodwill: USD 204.15M
Total liabilities: USD 797.71M
Shareholder equity: USD 2.98B

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

GoodwillGoodwill · Goodwill
Shareholder equityTotal stockholders’ equity · StockholdersEquity
Total liabilitiesTotal liabilities · Liabilities
Accounts receivableAccounts receivable, net of allowance for doubtful accounts of $11,674 and $12,979 as of july 31, 2026 and january 31, 2026, respectively · AccountsReceivableNetCurrent
Cash and cash equivalentsCash and cash equivalents · CashAndCashEquivalentsAtCarryingValue

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 757.06% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 45.37M
Operating cash flow: USD 343.51M
Cash conversion: 757.06%
Free cash flow: USD 338.72M

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

Net incomeNet income (loss) · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Steady

Dividends and net buybacks are covered by free cash flow, so cash genuinely reached shareholders.

Share repurchases: USD 200.25M
Stock issuance proceeds: USD 723.00K
Net shareholder return: USD 199.53M

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)
Stock issuance proceedsProceeds from exercise of stock options · ProceedsFromStockOptionsExercised · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?