MongoDB, Inc. (MDB) Bundle
MongoDB, Inc.'s (MDB) Mission Statement, Vision, and Core Values are not just corporate boilerplate; they are the strategic pillars supporting a business that generated $2.01 billion in full-year fiscal 2025 revenue, marking a 19% year-over-year climb. How does a mission to empower innovators-to defintely unleash the power of software and data-translate into a Non-GAAP net income of $308.2 million? If you are a decision-maker, how do you map the company's core principles-like Think Big, Go Far-to the 24% growth of its flagship Atlas cloud service, which drove 71% of Q4 revenue, and what does that tell you about its future market capture? This is where the rubber meets the road: understanding the why behind the numbers is your next step to making a truly informed investment or partnership decision.
MongoDB, Inc. (MDB) Overview
You're looking for a clear, no-nonsense assessment of MongoDB, Inc.'s (MDB) position and financial health, and the direct takeaway is this: the company has successfully transitioned from a niche NoSQL database to a dominant, multi-cloud developer data platform, evidenced by its $2.01 billion in full-year fiscal 2025 revenue. Their cloud product, Atlas, is the engine driving this growth, making it a critical component of the modern tech stack.
MongoDB, Inc. was founded in 2007 as 10gen by Dwight Merriman, Eliot Horowitz, and Kevin Ryan, ultimately releasing its core document-oriented database in 2009. The name change to MongoDB, Inc. came in 2013, and the company went public in 2017. Their core offering is a general-purpose database platform that uses a flexible document model, which is a significant departure from traditional relational databases (SQL). This flexibility is defintely what developers crave for building modern applications.
The company's product portfolio is built around three main tiers, serving a massive global customer base:
- MongoDB Atlas: The flagship, fully managed, multi-cloud database-as-a-service (DBaaS).
- MongoDB Enterprise Advanced: The commercial version for running in private clouds or on-premises.
- Community Server: The free-to-download version for developers to start with.
As of the end of its fiscal year 2025 (January 31, 2025), MongoDB, Inc. served over 54,500 customers globally, with total revenue for the full fiscal year reaching $2.01 billion, marking a strong 19% increase year-over-year.
Fiscal 2025 Performance: Atlas Drives Record Revenue
The latest financial reports for the full fiscal year 2025 confirm that MongoDB, Inc. is executing its cloud-first strategy exceptionally well. Total revenue hit a record $2.01 billion, a 19% jump from the prior year. This isn't just growth; it's a clear signal of market adoption for their developer data platform approach. Here's the quick math: Subscription revenue, the high-margin core of the business, accounted for the vast majority, totaling $1.94 billion for the year.
The real story is MongoDB Atlas. This managed cloud service is the main product and growth driver, and it's where you need to focus your attention. In the fourth quarter of fiscal 2025, Atlas revenue grew 24% year-over-year and contributed 71% of the total quarterly revenue. This shift to a consumption-based cloud model is highly scalable and has translated into improved operational profitability.
On the bottom line, the company showed significant margin expansion. For the full fiscal year 2025, non-GAAP income from operations was $299.3 million, and non-GAAP net income reached $308.2 million. This shows a business model that is not only growing revenue but also converting that growth into substantial operational income, a key marker of a maturing software company. If you want to dive deeper into the metrics, I recommend Breaking Down MongoDB, Inc. (MDB) Financial Health: Key Insights for Investors.
A Leader in the Modern Data Landscape
MongoDB, Inc. is no longer just a 'NoSQL' company; it's a foundational piece of the modern application and AI tech stack. The company's document model and distributed architecture are uniquely suited for the unstructured, real-time data that powers today's mobile and web applications, plus the emerging wave of artificial intelligence (AI) applications. As of 2025, it was ranked as the fifth most popular database software globally, a testament to its widespread developer adoption and enterprise traction.
The recent acquisition of Voyage AI and the integration of vector database capabilities directly into the core platform simplify the development of AI-powered applications, eliminating the need for developers to manage multiple, disparate data stores. This strategic positioning against legacy relational databases is why MongoDB, Inc. is seen as a leader. They remove the constraints of older systems, allowing businesses to innovate at what they call 'AI speed.' To understand the full scope of this success, you need to look closer at the mission and values that underpin this financial and market performance.
MongoDB, Inc. (MDB) Mission Statement
You're looking for a clear line of sight into what drives MongoDB, Inc. (MDB) beyond the quarterly earnings report, and the mission statement is exactly that-it's the company's strategic compass. The official mission is: To empower innovators to create, transform, and disrupt industries by unleashing the power of software and data. This statement is not just corporate fluff; it's the blueprint for how they achieved 2025 fiscal year (FY2025) total revenue of $2.01 billion, a 19% jump year-over-year. It tells you where they invest their capital and why their technology matters to the market.
A mission statement's significance lies in its ability to guide long-term goals and capital allocation, ensuring every product decision-like the continued push into cloud services-aligns with the core purpose. Honestly, if a company's actions don't reflect its mission, you've got a misalignment that will eventually hit the balance sheet. For MongoDB, the mission breaks down into three actionable components that define its market strategy.
Empower Innovators
The first core component is all about enabling the developer, the 'innovator' in the mission. This is where MongoDB's developer-centric approach, which is one of their key advantages, comes into play. They aim to be the preferred database for anyone building a modern application, simplifying the development process so you can focus on your unique business logic, not database maintenance.
This is a tangible commitment, not an abstract one. As of the end of FY2025 (January 31, 2025), MongoDB served over 54,500 customers, a clear indicator of their success in reaching and empowering a massive base of innovators. The flagship cloud database, MongoDB Atlas, is the engine here, generating 71% of total fourth-quarter revenue and growing 24% year-over-year. That kind of growth shows developers are defintely choosing their platform to build on.
- Provide flexible document model over rigid relational tables.
- Simplify development with integrated services like search and analytics.
- Reduce operational overhead through the managed Atlas cloud service.
Create, Transform, and Disrupt Industries
The second component is the ambition to be a catalyst for fundamental change. This isn't about incremental improvement; it's about enabling customers to build something that fundamentally shifts a market, which aligns with their core value to Think Big, Go Far. They are pioneering new paths and taking smart risks to open new markets.
A concrete example is the strategic acquisition of Voyage AI in FY2025. This move immediately combined real-time data, sophisticated embedding and retrieval models, and semantic search directly into the database. This allows customers to innovate at 'AI speed,' simplifying the development of trustworthy, AI-powered applications. This direct integration is a disruption, removing the constraints of legacy databases that require complex, external systems to handle modern workloads. You can see the financial health supporting this innovation in Breaking Down MongoDB, Inc. (MDB) Financial Health: Key Insights for Investors.
Unleash the Power of Software and Data
The final component is the technical foundation: providing the platform that makes all the innovation possible. 'Unleashing the power' means providing a unified, intelligent data platform that is scalable, performant, and reliable. This requires significant investment, operational rigor, and a commitment to high-quality service, which is supported by the core value of Be Intellectually Honest-embracing reality and applying high-quality thinking.
The financial results reflect this commitment to quality and operational efficiency. For the full FY2025, the company reported a Non-GAAP Gross Profit of $1.52 billion, representing a strong Non-GAAP Gross Margin of 76%. Plus, the company generated a positive Free Cash Flow of $114.5 million for the full fiscal year. This financial strength is what funds the continuous R&D and infrastructure needed to maintain a globally distributed, high-quality database platform that can truly unleash data's power for its customer base.
MongoDB, Inc. (MDB) Vision Statement
You're looking at MongoDB, Inc. (MDB) not just as a database company, but as a long-term investment in the future of application development, so understanding their vision and values is defintely as critical as reviewing their balance sheet. The direct takeaway here is that MongoDB's mission-to empower innovators-is directly translating into strong financial performance, even as they manage the transition to a cloud-first model.
For the full fiscal year 2025, MongoDB, Inc. reported total revenue of $2.01 billion, a solid 19% increase year-over-year, which shows the market is buying into their strategic direction. This growth isn't accidental; it's the result of a clear, though unformally published, vision: to be the leading database platform for modern application development, enabling organizations to harness the full potential of their data. That vision breaks down into three actionable pillars we need to watch closely.
Developer-Centric Approach: The Core of Innovation
The company's mission is clear: to empower innovators to create, transform, and disrupt industries by unleashing the power of software and data. This is more than a slogan; it's an operating principle that guides their product development, making the developer the primary customer. They aim to be the preferred database for developers by offering a flexible, intuitive platform that simplifies the entire process.
This developer-first philosophy ties directly into the core value of Think Big, Go Far. It means constantly pursuing new opportunities and markets through innovation, like their acquisition of Voyage AI to deepen their generative AI capabilities. The proof is in the adoption: as of January 31, 2025, MongoDB, Inc. served over 54,500 customers, a number that keeps climbing because their platform removes the constraints of legacy databases.
You can see how this mission plays out in the market by looking at MongoDB, Inc. (MDB): History, Ownership, Mission, How It Works & Makes Money, which details their foundational strategy.
Cloud-Native Focus: Driving Atlas's Dominance
A central tenet of their vision is the commitment to providing a cloud-native database that is easy to deploy and manage in any cloud environment-this is MongoDB Atlas. This focus is where the financial rubber meets the road. In fiscal year 2025, the flagship cloud product, MongoDB Atlas, saw revenue growth of 24% year-over-year, and it accounted for a massive 71% of total fourth-quarter revenue.
The core value of Own What You Do is key here. It's about taking accountability for the entire customer experience, from deployment to scale, which is essential for a consumption-based cloud business like Atlas. The fact that subscription revenue for the full year was $1.94 billion, up 19%, shows that customers are committing capital to this cloud strategy.
Here's the quick math: Atlas's share of the revenue pie is so large that its performance dictates the company's trajectory. If Atlas's consumption growth slows, the whole revenue growth rate of 19% is at risk, so we need to monitor that 24% Atlas growth rate closely.
Data Innovation: Unleashing the Power of Data
The final pillar is the drive for data innovation-offering new and advanced features that enable businesses to gain deeper insights from their data. This is about being at the forefront of the technology curve, particularly in the current AI landscape. They are actively integrating real-time data, sophisticated embedding models, and semantic search directly into the database to simplify the development of trustworthy AI-powered applications.
This push for innovation is guided by the core values of Embrace the Power of Differences and Be Intellectually Honest. It means having the courage to challenge existing database architectures and the rigor to ensure biases don't get in the way of finding the best solution for complex data problems. What this estimate hides, however, is the cost of this aggressive innovation: MongoDB, Inc. reported a GAAP net loss of $129.1 million for FY2025 as they invest heavily in R&D and acquisitions. Still, their non-GAAP net income was a healthy $308.2 million, showing operational profitability outside of stock-based compensation and other non-cash charges.
The next concrete step is for you to model a scenario where MongoDB Atlas's growth rate normalizes to the high teens in FY2026, and see how that impacts their path to sustained GAAP profitability.
MongoDB, Inc. (MDB) Core Values
You're looking for the bedrock of MongoDB, Inc.'s performance-the core values that translate into their financial execution. The company's success, evidenced by its full fiscal year 2025 (FY2025) total revenue of $2.01 billion, up 19% year-over-year, is not accidental; it's a direct result of living these six principles.
As a seasoned analyst, I focus on how these values manifest in products, partnerships, and financial discipline, because that's what drives long-term shareholder value. The core values are the operating system for a business that now serves over 54,500 customers.
Think Big, Go Far
This value is MongoDB's mandate for relentless innovation and market disruption, which is why they are consistently ahead of the curve in the database-as-a-service (DBaaS) space. This is not just a slogan; it's the strategy that drove MongoDB Atlas revenue to climb 24% year-over-year in Q4 FY2025, accounting for 71% of total quarterly revenue.
- AI-Native Product Launches: In 2025, the company launched deep integration of Voyage AI embedding and reranking models directly into the database, simplifying the complex AI stack for developers.
- Platform Stability: They extended Long-Term Support (LTS) for major releases, starting with MongoDB 8.0, from three to five years, giving enterprise customers the stability needed for mission-critical applications.
- Strategic Expansion: The company was recognized as the 2025 Google Cloud Partner of the Year for Data & Analytics - Marketplace, demonstrating their commitment to a multi-cloud, global strategy.
You can't achieve $308.2 million in non-GAAP net income in FY2025 without thinking big.
Make It Matter
This principle focuses on delivering meaningful impact for customers, the community, and the planet. For a technology company, this means building solutions that solve the hardest, most regulated problems, and doing it sustainably.
- Industry Specialization: The launch of MongoDB Atlas for Healthcare and MongoDB Atlas for Insurance in 2025 shows a focus on high-value, high-compliance sectors.
- Data Security for Sensitive Workloads: They enabled full-lifecycle encryption of sensitive data, including patient records, using Queryable Encryption in their industry-specific offerings.
- Environmental, Social, and Governance (ESG) Goals: MongoDB committed to a long-term goal of reaching net-zero emissions by 2050, with a near-term target of having their operations 100% powered by renewables in 2026.
The pursuit of a net-zero target by 2050 is a long-term risk management strategy, not just a feel-good measure.
Build Together
This value underpins the company's open-source heritage and its reliance on a vast developer community. It emphasizes collaboration over consensus and a shared commitment to a single, unified data platform.
- Developer Education: MongoDB University continues to offer free online courses and certifications, ensuring a constant pipeline of skilled developers for the platform.
- Community Access: In 2025, they released Search and Vector Search in Community Edition, making advanced AI-native capabilities accessible to every developer, not just enterprise users.
- Academic Collaboration: The company announced the recipients of the 2025 MongoDB PhD Fellowship Program to fund and mentor cutting-edge research in computer science, directly feeding academic innovation back into the product.
The depth of the developer ecosystem is a key competitive moat (a sustainable competitive advantage), and the 'Build Together' value is the gatekeeper of that moat. To learn more about the institutional support behind this growth, you should read Exploring MongoDB, Inc. (MDB) Investor Profile: Who's Buying and Why?
Embrace the Power of Differences
This is the commitment to diversity, inclusion, and belonging, recognizing that a varied workforce is the defintely best way to broaden perspectives and foster innovation.
- Employee Resource Groups (ERGs): The company actively supports a wide range of ERGs, including BEAM (Black Employees At MongoDB), MDBWomen, and the Queer Collective, which provide community, support, and a direct channel for diverse voices to influence corporate culture.
- Targeted Recruitment: Initiatives focus on underrepresented groups, such as the Veterans ERG, which supports the larger commitment to a diverse community and helps transition military personnel into tech careers.
Diverse perspectives are essential for a globally distributed product like MongoDB Atlas, which operates in over 120 regions worldwide.
Be Intellectually Honest
This value demands rigor, transparency, and a commitment to reality over personal bias. It means prioritizing fact-based opinions and having the courage to admit mistakes and change course.
- Data-Driven Decisions: The internal culture stresses making data-driven opinions and applying high-quality thinking, which is critical for maintaining the high non-GAAP gross margin of 76% recorded for the full FY2025.
- Product Integrity: The commitment to security features like Queryable Encryption-which ensures data is encrypted even while being queried-is a clear example of intellectual honesty about the real-world risks of data exposure.
You have to be honest about market realities to generate $150.2 million in cash from operations in a challenging macroeconomic environment.
Own What You Do
This is the value of accountability, empowerment, and demanding excellence from oneself. It's the engine of execution that turns big ideas into shipped products.
- Developer Empowerment: The company's developer-first platform model is built on trusting engineers to own their full-stack solutions, from development to deployment on MongoDB Atlas.
- Accelerating Modernization: The launch of the MongoDB Application Modernization Platform (AMP) in 2025 is a concrete action to help customers take ownership of their legacy debt, promising to accelerate migration from relational database systems by two to three times.
Here's the quick math: faster migration means higher consumption of the MongoDB Atlas service, which is a direct reflection of customers taking ownership of their modernization and MongoDB owning the solution to their problem.

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