MongoDB reported Q2 fiscal 2025 revenue of $478.1 million, up 13% year-over-year, driven by MongoDB Atlas which represented 71% of total revenue. Subscription revenue grew 13% to $463.8 million while services revenue was $14.3 million. The company added over 1,800 customers in the quarter, bringing total customer count to over 50,700.Operating loss widened to $71.4 million from $49.0 million last year as operating expenses increased 15% to $421.3 million, primarily due to higher sales and marketing spend and research and development investments. Net loss expanded to $54.5 million compared to $37.6 million in Q2 last year, though this was partially offset by higher interest income.The company noted slower than historical growth rates for existing Atlas applications due to macroeconomic headwinds. However, MongoDB maintained strong customer momentum with 334 customers now contributing over $100,000 in ARR compared to last year. The company also strengthened its financial position, receiving $170.6 million from settlement of capped calls associated with convertible notes.

MongoDB reported Q2 fiscal 2025 revenue of $478.1 million, up 13% year-over-year, driven by MongoDB Atlas which represented 71% of total revenue. Subscription revenue grew 13% to $463.8 million while services revenue was $14.3 million. The company added over 1,800 customers in the quarter, bringing total customer count to over 50,700.Operating loss widened to $71.4 million from $49.0 million last year as operating expenses increased 15% to $421.3 million, primarily due to higher sales and marketing spend and research and development investments. Net loss expanded to $54.5 million compared to $37.6 million in Q2 last year, though this was partially offset by higher interest income.The company noted slower than historical growth rates for existing Atlas applications due to macroeconomic headwinds. However, MongoDB maintained strong customer momentum with 334 customers now contributing over $100,000 in ARR compared to last year. The company also strengthened its financial position, receiving $170.6 million from settlement of capped calls associated with convertible notes.