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MongoDB Financial Results for May to July 2021

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MongoDB (ticker symbol: MDB) announced its financial results for the period May to July 2021 on September 2, 2021.

Financial results for May to July 2021

EPS: -24¢ vs. -40¢ expected.

Net sales of $199 million versus $184 million expected.

Sales growth was 43.7% YoY.

Subscription sales were $191 million, up 4% from the same period last year.

Gross profit was $128 million.

Operating cash flow was $19.8 million.

Free cash flow was -$22.7 million.

The total number of customers was 29,000.

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