The Oracle for the cloud and modern applications.

Red Hat for enterprise databases.

Stripe for backend data infrastructure (emphasizing developer-friendliness and essential service).

• MongoDB Atlas: A fully managed cloud database service (Database as a Service, or DBaaS) that allows users to deploy, operate, and scale MongoDB databases across major cloud providers.
• MongoDB Database: This is MongoDB's core document database software, available in community and enterprise editions, which provides a flexible and scalable data platform for modern applications.
• MongoDB App Services: These are a suite of serverless services (Backend as a Service, or BaaS) within MongoDB Atlas that accelerate application development with features like functions, triggers, GraphQL APIs, and device sync.

MongoDB (MDB) Major Customers

• Adobe (NASDAQ: ADBE)
• Cisco (NASDAQ: CSCO)
• Expedia Group (NASDAQ: EXPE)
• GE Healthcare (NYSE: GEHC)
• Google Cloud (Part of Alphabet, NASDAQ: GOOGL) - as a partner and user
• Intuit (NASDAQ: INTU)
• HSBC (NYSE: HSBC)
• Verizon Communications (NASDAQ: VZ)
• Toyota Motor Corporation (NYSE: TM)
• T-Mobile US (NASDAQ: TMUS)
• ADP (NASDAQ: ADP)

• Amazon Web Services (AWS) - Amazon.com, Inc. (AMZN)
• Microsoft Azure - Microsoft Corporation (MSFT)
• Google Cloud Platform (GCP) - Alphabet Inc. (GOOGL)

Chirantan "CJ" Desai, President and Chief Executive Officer

Chirantan "CJ" Desai assumed the role of President and Chief Executive Officer of MongoDB, effective November 10, 2025. He brings extensive experience in cloud infrastructure, AI, enterprise software, and product innovation. Prior to joining MongoDB, Desai served as President of Product and Engineering at Cloudflare. He has also held leadership positions at ServiceNow and Oracle.

Mike Berry, Chief Financial Officer

Mike Berry was appointed Chief Financial Officer of MongoDB, effective May 27, 2025. He has over three decades of experience in the software and cloud industries. Before MongoDB, Berry served as CFO at NetApp for five years. He has a distinguished career as a seven-time CFO for various technology companies, including McAfee, FireEye, Informatica, IO, Solarwinds, and i2 Technologies, demonstrating a proven track record of driving profitable growth and scaling businesses.

Harsha Jalihal, Chief People Officer

Harsha Jalihal is the Chief People Officer of MongoDB, joining the company in August 2020. She oversees global human resources operations and workforce strategy. Previously, she was the Vice President of HR at Unilever, where she led HR strategy and operations for the U.S. business and co-created Unilever's future of work strategy. Jalihal also contributed to thought leadership on the future of work at the World Economic Forum, co-authoring "HR 4.0". Earlier in her career, she spent 10 years at Cognizant, helping to build their talent acquisition, talent management, reward management, and employee relations practices during a hyper-growth phase.

Paul Capombassis, Chief Revenue Officer

Paul Capombassis serves as the Chief Revenue Officer of MongoDB. He joined the company in 2017 to lead its North America business, where he was instrumental in achieving over 13x revenue growth in the region. His responsibilities have expanded to include EMEA, Sales Development, Inside Sales, and Enablement. Prior to MongoDB, Capombassis held leadership positions at notable companies such as Splunk, BMC, and AppDynamics.

Eliot Horowitz, Co-founder & Technical Advisor

Eliot Horowitz is a co-founder of MongoDB Inc. and served as its Chief Technology Officer, where he wrote the core code base for MongoDB starting in 2007. He stepped down as CTO in March 2020, effective July 2020, and continues to serve as a technical advisor to the company. Horowitz previously co-founded ShopWiki, an e-commerce search engine, and oversaw its private sale in 2010. He was also a software developer in the R&D group at DoubleClick. In 2020, he founded Viam, a robotics software startup, where he is currently CEO. BusinessWeek recognized him as one of its Top 25 Entrepreneurs Under Age 25 in 2006.

Competition from hyperscale cloud providers offering their own MongoDB-compatible database services.

Examples include AWS DocumentDB and Azure Cosmos DB with its MongoDB API. These services allow cloud customers to leverage a database with MongoDB compatibility directly from their cloud provider, often with deep integration into the cloud's native ecosystem, potentially simplified billing, and pricing optimizations within their existing cloud spend. This directly competes with MongoDB Atlas by offering a similar service from the underlying infrastructure provider, posing a structural threat to MongoDB's market share and growth as a third-party DBaaS.

For MongoDB (symbol: MDB), the addressable markets for its main products and services are substantial and primarily global.

• The total addressable market (TAM) for database management is estimated at $96 billion by 2025 globally. This market is projected to grow to $138 billion by 2026.
• The broader global database landscape is considered to be over $100 billion. Another estimate places the "Data Management Software Market" at $153 billion.
• Within this, the operational database segment alone is valued at $45 billion.
• The cloud database market, where MongoDB's flagship product Atlas (cloud database-as-a-service) operates, is projected to reach $72.9 billion by 2028 globally. This market is estimated to grow from $22.43 billion in 2025 to $62.25 billion by 2032.
• MongoDB's core addressable market, specifically in the fastest-growing segments of NoSQL and Database-as-a-Service (DBaaS), is at least $25 billion globally. The DBaaS market is projected to represent 77% of the entire database management systems (DBMS) market by 2028.

• Continued Growth of MongoDB Atlas: MongoDB Atlas, the company's cloud database service, is consistently identified as the primary revenue driver. It constituted 71% of total revenue in Q4 2025, 72% in Q1 2026, and 74% in Q2 2026, with MongoDB projecting over 20% Atlas growth for the next three to five years. This growth is fueled by strong customer acquisition, including through self-serve channels, and increased usage and consumption by existing customers.
• AI-Driven Opportunities and Product Integration: MongoDB is strategically positioning its platform, especially Atlas, as a key component of the AI infrastructure stack. The company has integrated AI capabilities such as vector search and semantic retrieval directly into its NoSQL database stack, which reduces technical debt and accelerates deployment for clients. The acquisition of Voyage AI further enhances these capabilities by enabling users to generate embeddings directly from data within MongoDB.
• Application Modernization and Migration from Legacy Systems: MongoDB is actively targeting the significant market opportunity in application modernization. The company's new Application Modernization Platform (AMP) is designed to accelerate the migration of legacy systems, such as Oracle and Postgres, by up to 90%, which is expected to be a key driver for new business in fiscal year 2027 and beyond.
• Expansion in Strategic Accounts and Upmarket Movement: MongoDB is making incremental investments in its strategic accounts program, aiming to become a standard data platform across more of its largest customers. This strategy is yielding results, with the number of customers generating over $1 million in Annual Recurring Revenue (ARR) showing significant year-over-year growth.
• New Product Releases and Enhancements: Ongoing product innovation and new releases are expected to drive adoption and address specific industry needs. For instance, MongoDB 8.2 delivers performance gains and expanded Queryable Encryption, which is crucial for customers in regulated industries.

Share Repurchases

• MongoDB increased its share repurchase authorization to $1 billion in June 2025, which included an additional $800 million on top of a previously announced $200 million buyback.
• The company initiated a repurchase program earlier in 2025, driven by growth and improving profitability.
• As of July 31, 2025, MongoDB had $194.446 million worth of share buybacks.

Outbound Investments

• MongoDB acquired Voyage AI, a company specializing in AI-powered embedding and reranking models, in February 2025.
• The acquisition of Voyage AI was for a total consideration of $220 million, with $20 million of this in cash, aiming to enhance MongoDB's AI capabilities for application development.
• MongoDB established its own venture capital fund in 2022.

Capital Expenditures

• For the full fiscal year 2025 (ended January 31, 2025), MongoDB reported capital expenditures of $29.6 million.
• In the three months ended January 31, 2025, capital expenditures amounted to $26.0 million.
• A significant portion of capital expenditures in fiscal year 2025, amounting to $24 million, was attributed to the final purchase of IPv4 addresses.