MongoDB Inc.
MongoDB Reports Q2 FY2025 Financial Results with 13% Year-over-Year Revenue Growth
Summary
MongoDB, Inc. reported its financial results for the second quarter of fiscal 2025, showing a 13% year-over-year increase in total revenue to $478.1 million. The company also saw growth in its MongoDB Atlas service, which accounted for 71% of total revenue. Additionally, MongoDB expanded its customer base to over 50,700 customers as of July 31, 2024. The press release includes non-GAAP financial measures and guidance for the third quarter and full year fiscal 2025.
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About MongoDB Inc.
MongoDB Inc. is a leading provider of modern database platforms designed for broad applicability across a variety of use cases. The company is renowned for its flagship product, MongoDB, a NoSQL database program that is open-source and offers a flexible data model, scalability, and developer focused performance. MongoDB’s architecture supports both small to enterprise-scale applications, accommodating a wide range of deployment options from cloud to on-premises environments. MongoDB Atlas, the fully-managed global cloud database service offered by the company, simplifies database operation and automates time-consuming administration tasks such as hardware provisioning and backup. This product suite is integral across various industries including finance, healthcare, and telecommunications, facilitating seamless integration of complex data processing. MongoDB Inc., headquartered in New York City, plays a crucial role in helping organizations transition to agile database management systems, emphasizing speed and flexibility for application developers across the globe.
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