MDBMongoDB, Inc.

$355.94

Is the business good?

How good a business is MDB?

MongoDB, Inc. earns −2.0% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

−2.0%

Return on invested capital · cost of capital 9.0% · 11 points below what the capital costs: growth destroys value

Operating margin
−0.52%

Operating margin · Software - Infrastructure median 6.1% · 12 months to Q2 2027

Share count, year on year
+1.1%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
28%

R&D as % of revenue

Operating margin by fiscal year
YearOperating margin
FY2021−35%
FY2022−33%
FY2023−27%
FY2024−14%
FY2025−11%
FY2026−5.6%
Details
Gross margin12 months to Q2 2027
73%
Operating margin12 months to Q2 2027
−0.52%
Net margin12 months to Q2 2027
2.1%
Free cash flow margin
24%
R&D as % of revenue
28%
Revenue, trailing twelve months
$2.78B
Free cash flow, trailing twelve months
$659M
Net income, trailing twelve months
$59M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−2.0%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.