MongoDB Company Profile (2026): Multi-Cloud Database Leader
Company Profile | Enterprise Software | Updated August 2026
MongoDB: The Multi-Cloud Database for Modern Application Development
MongoDB (NASDAQ: MDB) is the leading multi-cloud database platform, with 65,000+ customers and revenue of $2.30 billion in FY2026 (25.2% YoY growth). The company guided Q2 revenue of $729-$734 million (23-24% YoY) with Atlas revenue growth of ~26%. MongoDB is targeting $5 billion in annual revenue.
Executive Summary
MongoDB is the leading multi-cloud database platform, providing developers with a flexible, scalable, and modern database for building applications. In fiscal year 2026, MongoDB generated $2.30 billion in revenue, up 25.2% year-over-year. The company guided Q2 revenue of $729-$734 million, representing 23-24% year-over-year growth, with Atlas revenue growth of ~26%. MongoDB Atlas, the company's cloud database service, accounts for 74% of total revenue. MongoDB has 65,000+ customers and is targeting $5 billion in annual revenue. CEO Dev Ittycheria has led the company since 2014, taking it public in 2017 — the first database company IPO in over 26 years.
Company Overview
MongoDB, Inc. is a multi-cloud database company that provides a document-based, NoSQL database platform. The company was originally founded in 2007 as 10gen, a platform-as-a-service company. The founders built MongoDB as an internal database for their platform and later pivoted to focus solely on the database product.
Headquartered in New York City, MongoDB serves 65,000+ customers across virtually every industry. The company went public on the Nasdaq in 2017 under the ticker MDB.
Company History
MongoDB was founded in 2007 as 10gen by Dwight Merriman, Kevin Ryan, Eliot Horowitz, and Geir Magnusson Jr.. Merriman and Ryan had previously co-founded DoubleClick, which was sold to Google in 2007 for $3.1 billion. The founders built MongoDB as an internal database for their platform-as-a-service product.
In 2009, 10gen open-sourced MongoDB and pivoted to focus on the database product. The company rebranded to MongoDB in 2013. Under CEO Dev Ittycheria (appointed in 2014), MongoDB went public in 2017 — the first database company IPO in over 26 years. In 2016, MongoDB launched Atlas, its cloud database service, which now accounts for 74% of revenue.
Leadership
- Dev Ittycheria – CEO – Led MongoDB since 2014, driving its IPO and multi-cloud strategy
- Dwight Merriman – Co-Founder – Former DoubleClick founder]
- Kevin Ryan – Co-Founder – Former DoubleClick CEO
- Eliot Horowitz – Co-Founder – Built the original MongoDB database
Products & Services
MongoDB Atlas
MongoDB's cloud database service, available on AWS, Azure, and Google Cloud. Atlas accounts for 74% of total revenue and is growing at ~26% year-over-year. Features include automated scaling, global clusters, and built-in security.
MongoDB Enterprise
Self-managed MongoDB for on-premises and private cloud deployments, with enterprise-grade security, backup, and monitoring.
MongoDB Community
The open-source, document-based NoSQL database that powers millions of applications worldwide.
Developer Tools
- MongoDB Compass: GUI for database exploration
- MongoDB Charts: Visualization and analytics
- MongoDB Realm: Mobile and edge database
AI Strategy
MongoDB is positioning itself as the database platform for AI applications, enabling developers to build AI-powered applications with flexible data models and vector search capabilities. CEO Dev Ittycheria stated: "Enterprises and startups are choosing MongoDB as their platform of choice for both modernizing existing and building new applications". MongoDB's flexible document model is well-suited for the semi-structured data generated by AI applications.
Financial Performance
| Metric | Figure |
|---|---|
| FY2026 Revenue | $2.30 billion (+25.2% YoY) |
| Q2 FY2026 Revenue (Actual) | $591.4 million (+24% YoY) |
| Q2 CY2026 Revenue Guidance | $729-734 million (23-24% YoY) |
| Atlas Revenue Growth | ~26% YoY |
| Atlas Share of Revenue | 74% |
| Total Customers | 65,000+ |
| New Customers (Q2 FY2026) | 2,800 |
Competitive Landscape
MongoDB competes with AWS DynamoDB, Azure Cosmos DB, Google Firestore, and traditional relational databases like Oracle and PostgreSQL. MongoDB's competitive advantages include its flexible document model, multi-cloud strategy (Atlas on all three major clouds), developer-friendly approach, and strong community ecosystem.
Key Takeaways
- FY2026 revenue of $2.30B, up 25.2% YoY.
- Atlas accounts for 74% of revenue, growing ~26% YoY.
- 65,000+ customers; added 2,800 in Q2 FY2026.
- Targeting $5B in annual revenue.
- Founded in 2007 by DoubleClick founders.
- First database company IPO in over 26 years (2017).
- Multi-cloud strategy across AWS, Azure, and Google Cloud.
- MongoDB Investor Relations – investors.mongodb.com
- MongoDB Q2 FY2026 Earnings Release
- StockAnalysis – MongoDB Financials
- Wikipedia – MongoDB
Profile compiled August 2026. Information is current as of the date of compilation.
