MongoDB (MDB) Tax Rate (2016 - 2026)
MongoDB (MDB) posted Tax Rate of 49.58% for Q2 2026, up 148.38% sequentially from 19.96% in Q1 2026, and up 6248.0% YoY from 0.78% in Q2 2025.
MongoDB (MDB) Tax Rate (2016 - 2026) Analysis & Trends
MongoDB has reported Tax Rate for 11 years, with the latest figure at 49.58% in Q2 2026.
- Quarterly Tax Rate rose 6248.0% year-over-year to 49.58% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 114.33% (down 11514.0% YoY) and the FY2026 annual result came in at 27.76%, down 2966.0% from the prior year.
- Tax Rate improved to 49.58% in Q2 2026 per MDB's latest filing, from 19.96% in the prior quarter.
- Over five years, Tax Rate peaked at 248.67% in Q4 2025 and troughed at 279.25% in Q1 2025.
- A 5-year average of 4.72% and a median of 5.55% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2025 and 2026: Tax Rate slumped 27277 bps in 2025, then surged 29921 bps in 2026.
- Over 5 years, Tax Rate stood at 6.27% in 2022, then tumbled by 124 bps to 14.03% in 2023, then plunged by 171 bps to 37.98% in 2024, then jumped by 755 bps to 248.67% in 2025, then plunged by 80 bps to 49.58% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 49.58%, 19.96%, and 248.67% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 24.84% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.42% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -10.34% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -13.46% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 15.97% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -1.22% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 18.14% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -10.99% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 71.11% |
| 10 | MongoDB | 34.95 Bn | 32.52 Bn | 496.18 Mn | 49.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 49.58% |
| Apr 30, 2026 | 49.58% |
| Apr 30, 2026 | 49.58% |
| Jan 31, 2026 | 19.96% |
| Jan 31, 2026 | 19.96% |
| Jan 31, 2026 | 19.96% |
| Oct 31, 2025 | 248.67% |
| Oct 31, 2025 | 248.67% |
| Oct 31, 2025 | 248.67% |
| Jul 31, 2025 | -9.11% |
| Jul 31, 2025 | -9.11% |
| Jul 31, 2025 | -9.11% |
| Apr 30, 2025 | -12.90% |
| Apr 30, 2025 | -12.90% |
| Apr 30, 2025 | -12.90% |
| Jan 31, 2025 | -279.25% |
| Jan 31, 2025 | -279.25% |
| Jan 31, 2025 | -279.25% |
| Oct 31, 2024 | -37.98% |
| Oct 31, 2024 | -37.98% |