Summary by Moomoo AI
MongoDB reported Q2 fiscal 2025 total revenue of $478.1 million, up 13% YoY, with subscription revenue increasing 13% to $463.8 million. MongoDB Atlas revenue grew 27% YoY, representing 71% of total quarterly revenue. The company expanded its customer base to over 50,700, with 7,300 direct sales customers.The company posted a GAAP operating loss of $71.4 million, compared to a $49.0 million loss in the year-ago period. Non-GAAP income from operations was $52.5 million. MongoDB maintained a strong financial position with $2.3 billion in cash, cash equivalents, and short-term investments as of July 31, 2024.For Q3 fiscal 2025, MongoDB expects revenue between $493.0-497.0 million and non-GAAP income from operations of $57.0-60.0 million. The company also launched the MongoDB AI Applications Program (MAAP) in July, partnering with major tech leaders to help customers build and deploy AI applications.
