MongoDB, Inc. (MDB) reported strong financial results for the fourth quarter and full year of fiscal 2025, ending January 31, 2025, highlighting robust revenue growth, improved profitability, and accelerating adoption of its cloud-based platform, MongoDB Atlas.

For Q4 2025, total revenue reached $548.4 million, marking a 20% year-over-year increase and exceeding the high end of company guidance. The vast majority of this came from subscription revenue, which totaled $531.0 million, up 19% year-over-year and accounting for 97% of total revenue. Meanwhile, services revenue rose to $17.4 million, a 34% year-over-year increase, reflecting growing demand for implementation and support services.

Profitability also improved meaningfully. Gross profit for the quarter was $399.4 million, resulting in a gross margin of 73%, though this was slightly lower than the 75% margin reported a year earlier. On a non-GAAP basis, gross profit stood at $411.7 million, with a 75% margin, compared to 77% in the prior year.

MongoDB delivered a net income of $15.8 million, or $0.20 per share, a significant turnaround from a net loss of $55.5 million in Q4 2024. On a non-GAAP basis, net income surged to $108.4 million, or $1.28 per share, up from $71.1 million, or $0.86 per share, in the same quarter last year—highlighting the company’s improving operational efficiency.

Customer growth remained a key strength. As of January 31, 2025, MongoDB served over 54,500 customers, up from 47,800 a year earlier. This included more than 53,100 MongoDB Atlas customers, underlining strong uptake of its flagship cloud database offering. Atlas revenue grew 24% year-over-year, now contributing 71% of total revenue, further cementing its central role in MongoDB’s growth strategy.

For the full fiscal year 2025, MongoDB generated $2.01 billion in total revenue, a 19% increase year-over-year. Subscription revenue matched this growth, rising to $1.94 billion, while the company narrowed its net loss to $129.1 million, or $1.73 per share, an improvement from a $176.6 million loss in fiscal 2024.

Looking ahead, MongoDB provided an optimistic outlook. For Q1 2026, the company expects revenue between $524 million and $529 million. For the full fiscal year 2026, revenue is projected to land between $2.24 billion and $2.28 billion, indicating continued double-digit growth.

Management emphasized its confidence in stable consumption trends for Atlas and highlighted the strategic acquisition of Voyage AI, which is expected to significantly bolster MongoDB’s capabilities in AI-driven applications. This acquisition aligns with the company’s vision of becoming a foundational platform for developers building intelligent, scalable applications in the cloud era.

Overall, MongoDB’s Q4 and FY25 performance illustrates a business gaining operational leverage, expanding its cloud footprint, and positioning itself for long-term growth through strategic innovation and AI integration.