MongoDB, Inc.

MDB Nasdaq Technology · Services-Prepackaged Software New York, NY www.mongodb.com/
$360.77
Mkt Cap 29.06B

Developer of a document-based operational database platform and related data services used by software developers to build applications.

From the annual report

MongoDB is the developer data platform company whose mission is to empower developers to create, transform, and disrupt industries by unleashing the power of software and data. Our developer data platform is a globally distributed operational database integrated with a set of data services that allow development teams to address the growing variety of application requirements, all in a unified and consistent user experience. 2 Table of Contents The foundation of our platform is the world’s leading, modern general purpose database. Built on our unique document-based architecture, our database is designed to handle unstructured data and meet the needs of organizations for performance, scalability, flexibility and reliability while maintaining the strengths of relational databases.Every software application requires a database to store, organize and process data. Large organizations can have tens of thousands of applications and associated databases. A database directly impacts an application's performance, scalability, flexibility and reliability. As a result, selecting a database is a highly strategic decision that directly affects developer productivity, application performance and organizational competitiveness. The global database market is dominated by legacy relational databases, which were first developed in the 1970s. Their underlying architecture remains largely unchanged even though the nature of applications, how they are deployed and their role in business has evolved dramatically. Modern software development is highly iterative and requires flexibility.

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/100 Overall
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📊 Key Metrics
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REVENUE TTM
$2.78B
FCF TTM
$659.0M
P/E RATIO
493.4x
P/FCF
44.1x
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