MongoDB, Inc. (MDB) Stock Analysis

MongoDB, Inc. (MDB) Stock Analysis

Analysis from 10-Q filed 2025-12-02. Data as of Q1 2026.

Overall Grade: F (Concerning)

MongoDB, Inc. faces challenges in financial performance that warrant careful analysis.

Metric Value Context
ROIC -6.0% Below expectations
FCF Margin 20.3% Strong cash generation
Debt/Equity 0.0x Conservative leverage

Investment Thesis: Healthy free cash flow margin of 20.3% provides financial flexibility for growth and shareholder returns.

Explore MongoDB, Inc.: Earnings History | Filing Intelligence | ROIC Analysis


Profitability: MongoDB, Inc. earns -6.0% ROIC, Bottom 50% in Technology

MongoDB, Inc.'s trailing-twelve-month ROIC of -6.0% ranks Bottom 50% in Technology companies (sector median: 5.2%), driven by NOPAT margin of -7.1% combined with asset turnover of 0.7x. Source: 10-Q filed 2025-12-02. Gross margin of 71.7% with operating margin at -5.6% reflects strong pricing power.

Metric MDB Rating Context
Return on Invested Capital (ROIC) -6.0% Red flag Below sector median of 5.2%
Return on Equity (ROE) -2.4% Red flag Moderate equity returns
Gross Margin 71.7% Excellent Strong pricing power
Operating Margin -5.6% Warning Moderate operational efficiency

Cash Flow: MongoDB, Inc. generates $500.2M FCF at 20.3% margin, positive NaN/8 quarters

MongoDB, Inc. generated $500.2M in free cash flow (TTM), a 20.3% FCF margin, a margin that ranks Top 25% in Technology. FCF was positive in N/A of the last 8 quarters. Source: 10-Q filed 2025-12-02.

Metric MDB Rating Context
Free Cash Flow Margin 20.3% Excellent Excellent cash conversion
Free Cash Flow (TTM) $500.2M Good Positive cash generation
OCF/Net Income -7.1x Warning Potential accrual concerns
FCF Consistency (8Q) N/A Warning Variable cash flow

Balance Sheet: MongoDB, Inc. at 0.0x leverage

MongoDB, Inc.'s debt-to-equity ratio of 0.0x reflects conservative leverage. Source: 10-Q filed 2025-12-02.

Metric MDB Rating Context
Debt to Equity 0.0x Excellent Conservative capital structure

Valuation: MongoDB, Inc. trades at -426.8x earnings

MongoDB, Inc. trades at a P/E of -426.8x. Free cash flow yield of 1.7% reflects market expectations for growth.

Metric MDB Rating Context
P/E Ratio -426.8x Red flag Reasonable valuation
EV/Sales 11.3x Warning Growth premium priced in
FCF Yield 1.7% Warning Lower cash yield

Capital Allocation: MongoDB, Inc. returns 0.0% shareholder yield

MongoDB, Inc.'s total shareholder yield is 0.0% (dividends + buybacks). Source: 10-Q filed 2025-12-02.

Metric MDB Rating Context
Total Shareholder Yield 0.0% Warning Dividend + buyback yield combined
Total Capital Returned (TTM) $0 Adequate Dividends + buybacks returned to shareholders

Sector Rankings

Metric Value Percentile vs Median
Return on Invested Capital (ROIC) -6.0% Bottom 50% -1.1x below
Free Cash Flow Margin 20.3% Top 25% 2.2x above
Gross Margin 71.7% Top 50% 1.4x above
Operating Margin -5.6% Bottom 50% -1.1x below
Return on Equity (ROE) -2.4% Bottom 50% -0.5x below

Financial Scorecard

Metric MDB Rating Sector Context
Return on Invested Capital (ROIC) -6.0% Red flag Bottom 50% of sector (median: 5.2%)
Free Cash Flow Margin 20.3% Excellent Top 25% of sector (median: 9.1%)
Gross Margin 71.7% Excellent Top 50% of sector (median: 51.8%)
Debt to Equity Ratio 0.0% Excellent Conservative capital structure
Free Cash Flow Yield 1.7% Warning Growth-focused valuation

Frequently Asked Questions

Q: What is MongoDB, Inc.'s Return on Invested Capital (ROIC)?

MongoDB, Inc. (MDB) has a trailing twelve-month Return on Invested Capital (ROIC) of -6.0%. This compares below the sector median of 5.2%. An ROIC below 8% suggests the company may be destroying shareholder value.

Q: What is MongoDB, Inc.'s Free Cash Flow Margin?

MongoDB, Inc. (MDB) has a free cash flow margin of 20.3%, generating $500.2 million in free cash flow over the trailing twelve months. A FCF margin above 20% indicates excellent cash conversion and a high-quality business model.

Q: Is MongoDB, Inc. stock overvalued or undervalued?

MongoDB, Inc. (MDB) trades at a P/E ratio of -426.8x, which is above the sector median of N/A. The EV/Sales multiple is 11.3x. Free cash flow yield is 1.7%, reflecting growth expectations priced into the stock.

Q: What is MongoDB, Inc.'s revenue and earnings growth?

MongoDB, Inc. (MDB) grew revenue by 22.8% year-over-year. Earnings per share increased by 49.4% compared to the prior year. Double-digit revenue growth indicates strong demand and market share gains.

Q: Is MongoDB, Inc. buying back stock?

MongoDB, Inc. (MDB) repurchased $400.3 million of stock over the trailing twelve months. This represents a buyback yield of 1.3%.

Q: How does MongoDB, Inc. compare to competitors in Technology?

Compared to other companies in Technology, MongoDB, Inc. (MDB) shows: ROIC of -6.0% is below the sector median of 5.2% (Bottom 26%). FCF margin of 20.3% exceeds the sector median of 9.1% (Top 25% of sector). Gross margin at 71.7% is 19.9 percentage points higher than sector peers. These rankings are based on MetricDuck's analysis of all Technology companies with available SEC filings.

Q: What warning signs should I watch for with MongoDB, Inc.?

MongoDB, Inc. (MDB) shows no major financial warning signs based on current metrics. However, investors should always monitor: 1) Margin compression trends, 2) Cash flow consistency, 3) Debt levels relative to cash generation, and 4) Changes in competitive positioning.


Data Source: Data sourced from 10-Q filed 2025-12-02. TTM metrics as of Q1 2026.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.