MongoDB Insider Unloads Shares Worth $10.04M Amid SEC Filing
ByAinvest
Tuesday, Sep 2, 2025 4:22 pm ET1min read
MDB--
MongoDB Inc., a developer of a multi-cloud database platform, reported $591.4 million in revenue for the quarter ended July 2025, representing a year-over-year increase of 23.7% [1]. The company's Atlas growth was robust, with 23.7% YoY growth and a 6.8% beat over Wall Street expectations. MongoDB also lifted its full-year revenue guidance to $2.35 billion and raised its Adjusted EPS guidance to $3.69 [1].
The company's subscription sales accounted for 96.7% of net sales, while service sales made up the remaining 3.3% [2]. The company has over 47,800 customers globally, with the Americas region accounting for 60.4% of sales, Europe-Middle East-Africa for 27.9%, and Asia-Pacific for 11.7% [2].
MongoDB's Q2 results were driven by strong performance in its Atlas cloud database service, which saw a year-over-year increase of 29.2% in subscription revenue [3]. The company also saw a 33.2% increase in service revenue and a 23.4% increase in overall subscription revenue [3].
Despite the strong performance, shares of MongoDB have returned -11% over the past month, compared to the Zacks S&P 500 composite's +1.3% change [3]. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
References:
[1] https://www.ainvest.com/news/mongodb-surpasses-expectations-q2-strong-atlas-growth-robust-customer-adoption-2509/
[2] https://www.marketscreener.com/news/mongodb-posts-impressive-q2-results-oppenheimer-says-ce7c50dede8aff2d
[3] https://www.nasdaq.com/articles/mongodb-mdb-q2-earnings-how-key-metrics-compare-wall-street-estimates
MongoDB insider sold shares worth $10,038,855 according to a recent SEC filing. The company, specializing in developing and operating a development database platform, offers the MongoDB multi-cloud platform for AI, edge computing, IoT, mobile apps, and payment tech. Net sales are primarily from subscription sales (96.7%) and service sales (3.3%), with over 47,800 customers across the Americas, Europe-Middle East-Africa, and Asia-Pacific regions.
A recent SEC filing revealed that an insider at MongoDB Inc. sold shares worth $10,038,855. This news comes on the heels of the company's strong second-quarter (Q2) performance, which saw revenue surpass expectations and guidance upgrades.MongoDB Inc., a developer of a multi-cloud database platform, reported $591.4 million in revenue for the quarter ended July 2025, representing a year-over-year increase of 23.7% [1]. The company's Atlas growth was robust, with 23.7% YoY growth and a 6.8% beat over Wall Street expectations. MongoDB also lifted its full-year revenue guidance to $2.35 billion and raised its Adjusted EPS guidance to $3.69 [1].
The company's subscription sales accounted for 96.7% of net sales, while service sales made up the remaining 3.3% [2]. The company has over 47,800 customers globally, with the Americas region accounting for 60.4% of sales, Europe-Middle East-Africa for 27.9%, and Asia-Pacific for 11.7% [2].
MongoDB's Q2 results were driven by strong performance in its Atlas cloud database service, which saw a year-over-year increase of 29.2% in subscription revenue [3]. The company also saw a 33.2% increase in service revenue and a 23.4% increase in overall subscription revenue [3].
Despite the strong performance, shares of MongoDB have returned -11% over the past month, compared to the Zacks S&P 500 composite's +1.3% change [3]. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
References:
[1] https://www.ainvest.com/news/mongodb-surpasses-expectations-q2-strong-atlas-growth-robust-customer-adoption-2509/
[2] https://www.marketscreener.com/news/mongodb-posts-impressive-q2-results-oppenheimer-says-ce7c50dede8aff2d
[3] https://www.nasdaq.com/articles/mongodb-mdb-q2-earnings-how-key-metrics-compare-wall-street-estimates
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