MongoDB MDB
NASDAQ MDB
$334.68 -75.76 (-18.46%)
At close: Sep 28, 2026 · 4:00 PM EDT

MongoDB (MDB) Operating Expenses (2016 - 2026)

Updated

MongoDB (MDB) reported Operating Expenses of $541.37 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 11.6% from $485.27 million a year earlier and up 3.9% from the prior quarter.

Analysis

MongoDB (MDB) Operating Expenses (2016 - 2026) Analysis & Trends

Over the twelve months ended Jul 31, 2026, MongoDB's Operating Expenses came in at $2.04 billion, up 15.1% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $1.9 billion, up 12.9% from FY2025.

  • Operating Expenses has increased for ten consecutive fiscal years, with a five-year compound annual growth rate of 25.1% (FY2021 to FY2026).
  • By fiscal year, Operating Expenses came in at $1.69 billion in FY2025 (+13.1%), $1.49 billion in FY2024 (+16.5%), $1.28 billion in FY2023 (+41.8%) and $903.65 million in FY2022 (+45.1%).
  • The fiscal Q2 2027 figure ranks as the highest quarterly Operating Expenses in data going back to fiscal Q3 2017.
  • Year over year, Operating Expenses has now increased in each of the last 36 quarters, with growth averaging 11.9% over the last eight quarters.
  • Across the past five years, year-over-year growth in Operating Expenses ran from 0.9% in fiscal Q4 2025 to 56.8% in fiscal Q2 2023.
  • Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $520.98 million (Q1 2027), $507.36 million (Q4 2026) and $467.56 million (Q3 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Palo Alto Networks 319.55 Bn 304.63 Bn 2.30 Bn 2.13 Bn
2 CrowdStrike Holdings 265.46 Bn 245.90 Bn 1.10 Bn 1.13 Bn
3 Fortinet 129.36 Bn 115.29 Bn 1.64 Bn 953.90 Mn
4 Snowflake 115.65 Bn 102.97 Bn 1.04 Bn 1.30 Bn
5 Datadog 96.45 Bn 78.09 Bn 881.34 Mn 875.89 Mn
6 Axon Enterprise 34.50 Bn 29.03 Bn 546.45 Mn 499.67 Mn
7 Okta 33.79 Bn 23.89 Bn 641.00 Mn 534.00 Mn
8 Zscaler 32.51 Bn 18.63 Bn - -
9 Baidu 29.59 Bn -44.04 Bn 1.47 Mn 4.17 Bn
10 MongoDB 26.96 Bn 17.43 Bn 569.77 Mn 541.37 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 541.37 Mn
Apr 30, 2026 520.98 Mn
Jan 31, 2026 507.36 Mn
Oct 31, 2025 467.56 Mn
Jul 31, 2025 485.27 Mn
Apr 30, 2025 444.53 Mn
Jan 31, 2025 417.95 Mn
Oct 31, 2024 421.92 Mn
Jul 31, 2024 421.30 Mn
Apr 30, 2024 426.05 Mn
Jan 31, 2024 414.33 Mn
Oct 31, 2023 371.10 Mn
Jul 31, 2023 367.46 Mn
Apr 30, 2023 339.38 Mn
Jan 31, 2023 345.10 Mn
Oct 31, 2022 322.89 Mn
Jul 31, 2022 330.23 Mn
Apr 30, 2022 283.17 Mn
Jan 31, 2022 269.32 Mn
Oct 31, 2021 235.20 Mn
API Access

MongoDB Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-expenses&ticker=MDB&period=max&api_key=YOUR_API_KEY