MongoDB, Inc. Class A (MDB)

In March 2026, MongoDB's stock plummeted over 22% following its Q4 fiscal year 2026 earnings report due to cautious guidance for fiscal year 2027 and a slight deceleration in the growth of its Atlas product, along with a leadership shakeup in sales. In May 2026, MongoDB announced the date of its first quarter fiscal 2027 earnings call, and the stock experienced an intraday surge of 11.7% despite a decline in trading volume.

Demand for MongoDB's products and services, particularly MongoDB Atlas, exhibits some seasonality with Q4 consumption volatility. Atlas operates on a usage-based model, meaning that factors such as customer optimization, seasonal slowdowns, or broader macroeconomic pullbacks can directly impact revenue. Startups constitute an important segment of Atlas users, and their demand can be volatile. Despite these risks, customers are generally expanding their usage of MongoDB's services, as evidenced by a net ARR expansion rate of approximately 119% as of September 2025.

MongoDB, Inc. is an American software company specializing in a general-purpose database platform. Its core offering is a source-available, document-oriented database program, known for its NoSQL capabilities, which has evolved to include broader appeal to enterprise customers with features like ACID transactions. Major products and services include MongoDB Atlas, a hosted multi-cloud DBaaS solution; MongoDB Enterprise Advanced, a commercial database server; and Community Server, a free-to-download version. MongoDB also offers other products and features, including AI capabilities like Vector Search, and professional services such as consulting and training.

MongoDB has a significant global presence with its main headquarters in New York City and an international headquarters in Dublin, Ireland. The company has numerous office locations across North & South America, including cities in the USA, Mexico, and Brazil. In Europe, the Middle East, and Africa, MongoDB has offices in cities such as Amsterdam, Barcelona, Dublin, London, Milan, and Paris. The company also has a presence in the Asia Pacific region, with offices in cities like Beijing, Bengaluru, Gurugram, Hanyang, Singapore, Sydney, and Tokyo.

MongoDB has maintained a positive brand reputation, particularly in its leadership and product innovation. In September 2025, MongoDB was recognized as one of Glassdoor's Best-Led Companies of 2025. The company has been actively integrating AI capabilities, such as vector search, into its database platform and is ranked as the #1 vector database on DB-Engines. MongoDB serves a large and expanding customer base, including over 70% of the Fortune 500 and AI-native startups.

MongoDB has a diverse ownership structure including institutional, retail, and individual investors. Institutional investors hold a significant portion of the stock, ranging from approximately 26.68% to over 90%. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and Fmr Llc. Insiders own approximately 2.99% to 3.68% of the company's stock. Public companies and retail investors hold the remaining shares.