MDB
MongoDB, Inc.
Technology · Software - Infrastructure · United States · Stock
Score Breakdown
Scored for Aggressive Growth profile
Sub-scores are 0–20 each; Model Score is weighted by your selected investment goal. How it works →
Why Ranked Here
- The composite score of 35.1/100 is primarily shaped by a profitability sub-score of 0.0/20 and a financial health sub-score of 8.0/20, which together account for the majority of the score deficit relative to a fully-performing company.
- Despite strong revenue growth, the model penalizes the absence of positive net income, positive operating margins, and positive return on assets — all of which are absent in MongoDB's FY2026 10-K — resulting in the 'Monitor Only' label.
- The dividend sub-score of 0.0/20 and theme sub-score of 0.0/20 add no compensating points, meaning MongoDB must rely almost entirely on its growth and momentum sub-scores to generate any composite score at all.
Why Not Higher
- The profitability sub-score of 0.0/20 is the single largest constraint on a higher composite score; until MongoDB generates sustainable positive net and operating margins as reported in SEC filings, this sub-score cannot contribute meaningfully to the total.
- The financial health sub-score of 8.0/20 leaves significant room for improvement — stronger interest coverage, reduced leverage, or a larger balance sheet footprint relative to liabilities would be required for the model to award a higher score in this dimension.
Data Confidence
8 / 10
High — most data fields present
Research Summary
AI-generated analysis reflects data and conditions as of the report date shown above. Verify any specific figures through primary sources before acting on this analysis.
MongoDB, Inc. is a US-based software infrastructure company that provides a leading document-oriented database platform, best known for its Atlas cloud database-as-a-service offering and its open-source MongoDB Community Server. The company serves developers and enterprises globally who require flexible, scalable, and developer-friendly data management solutions, competing in the database infrastructure market against both legacy relational players and cloud-native alternatives. MongoDB's model score of 35.1/100 reflects a company whose growth credentials are acknowledged by the scoring model — the growth sub-score of 17.5/20 signals meaningful year-over-year revenue expansion as reported in its FY2026 10-K filing — but whose overall score is severely penalized by a profitability sub-score of 0.0/20, indicating that net margins, operating margins, and return on assets remain deeply negative. The financial health sub-score of 8.0/20 suggests moderate balance sheet concerns, likely reflecting leverage or interest coverage constraints typical of a growth-stage software company that has prioritized scale over near-term earnings. The momentum sub-score of 14.0/20 is a relative bright spot, pointing to sequential quarterly improvement in revenue and/or earnings metrics within the filing period. The key research tradeoff is that MongoDB scores well on the dimensions most relevant to an aggressive growth profile — growth trajectory and improving momentum — but its sustained lack of profitability and absence of a dividend create a compounded drag that pulls the composite score into the 'Monitor Only' tier, making it unsuitable for conservative or income-oriented research frameworks.
Plain English
MongoDB is a tech company that makes software to help businesses store and manage data in a modern, flexible way — its cloud product Atlas is used by thousands of developers worldwide. The model score of 35.1 out of 100 tells a researcher that while MongoDB is growing its revenue meaningfully, it is still losing money and carries meaningful financial risk, which drags the overall score down. The High risk rating reflects how dependent the research case is on future profitability materializing, which is not yet confirmed in the filing data. This is the kind of company that fits an aggressive growth research lens, not a conservative or income-focused one.
Bull Case vs. Bear Case
Bull Case
- The growth sub-score of 17.5/20 — among the highest possible in the model — reflects strong year-over-year revenue expansion reported in the FY2026 10-K, indicating MongoDB continues to take share in the database infrastructure market.
- The momentum sub-score of 14.0/20 indicates sequential quarterly improvement in revenue and/or earnings trends within the fiscal year, suggesting the business trajectory is moving in a positive direction operationally.
- MongoDB's best-fit profile score of 56.5 under the aggressive growth framework indicates that, evaluated on the metrics most relevant to high-growth software companies, the underlying business profile is considerably stronger than the composite score alone implies.
Bear Case
- A profitability sub-score of 0.0/20 signals that net margins, operating margins, and return on assets are all deeply negative as of the FY2026 filing, meaning the company has not yet demonstrated a path to sustainable earnings from its current operations.
- The financial health sub-score of just 8.0/20 suggests leverage or interest coverage ratios that are stressed relative to model thresholds, raising questions about the balance sheet's capacity to absorb a prolonged period of cash burn.
- The dividend sub-score of 0.0/20 and theme sub-score of 0.0/20 contribute zero points to the composite, meaning MongoDB receives no uplift from income characteristics or identifiable macro-theme exposure, leaving the model score entirely dependent on growth and momentum holding.
What Could Change the Picture
Bullish Triggers
- Evidence in a future 10-K filing of sustained positive operating margins and a positive net income figure would shift the profitability sub-score from 0.0 toward a meaningful contribution, likely pushing the composite score above 50 and potentially changing the research label.
- A material improvement in the financial health sub-score — driven by debt reduction, improved interest coverage ratios, or strengthened balance sheet metrics as disclosed in SEC filings — would directly address the second-largest drag on the composite score.
Bearish Triggers
- A deceleration in the revenue growth rate reported in a subsequent 10-K filing would erode the growth sub-score of 17.5/20, which is currently one of the two pillars holding up the entire composite score.
- Any deterioration in the momentum sub-score — such as sequential quarterly revenue or earnings declines within a future filing period — would remove the second structural support for the score, potentially pushing the composite below 30 and deepening the 'Monitor Only' classification.
Red Flags
- A profitability sub-score of 0.0/20 on 8 of 10 mapped metrics is a material red flag, confirming that all profitability-related inputs in the FY2026 filing — net margin, operating margin, and return on assets — fell below model thresholds.
- A financial health sub-score of 8.0/20 indicates balance sheet stress, likely tied to elevated leverage or insufficient interest coverage relative to the model's benchmarks for a company still operating at a net loss.
- Two of ten core metrics were unmapped from the EDGAR filing, introducing a modest data completeness gap that could affect the precision of sub-scores, particularly if the missing metrics relate to cash flow or earnings quality.
Risk Profile
High RiskThe High risk rating reflects that MongoDB's research case is entirely dependent on future profitability materializing, as the company currently scores 0.0/20 on profitability in its FY2026 10-K, meaning any slowdown in revenue growth or increase in operating costs could significantly alter the investment thesis without any earnings cushion in place. The stressed financial health sub-score of 8.0/20 compounds this risk, as limited balance sheet flexibility reduces the company's margin for error during periods of operational or macroeconomic pressure.
Key Catalysts to Watch
The primary catalyst to watch for MongoDB is evidence of operating leverage translating into positive margins in future SEC 10-K filings, specifically any inflection toward positive operating income or net income that would move the profitability sub-score above zero. Secondary catalysts include continued sequential quarterly momentum in revenue growth as captured in future earnings disclosures, and any balance sheet improvements — such as debt repayment or improved interest coverage — that would lift the financial health sub-score.
This report is for educational and research purposes only. It does not constitute financial, investment, legal, or tax advice — always conduct your own due diligence before making investment decisions.