How does MongoDB make money?

The vast majority of revenue for MongoDB ( MDB -4.31% ) comes from its namesake database. Just over half of total revenue is derived from Atlas, the company’s cloud database service, while much of the rest comes from its Enterprise Advanced service aimed at large customers looking to run MongoDB on their own hardware.

Similarly Is MongoDB public? On October 20, 2017, MongoDB became a publicly traded company, listed on NASDAQ as MDB with an IPO price of $24 per share. MongoDB is a global company with US headquarters in New York City and International headquarters in Dublin.

Is MongoDB losing money? Non-GAAP net loss per share is estimated between 8 cents and 12 cents per share. For fiscal 2023, MongoDB expects revenues between $1.151 billion and $1.181 billion. Non-GAAP loss from operations is estimated to be in the range of $7-$22 million.

Additionally, Is MongoDB still popular?

MongoDB is the fifth most popular database, and still one-third as widely used as Oracle and MySQL!” Given how reluctant enterprises are to switch out battle-tested databases, even that level of adoption is impressive. Databases are the “stickiest” product within an organization, the least likely to change.

Is MongoDB future proof?

With iteration 5.0 and Atlas, MongoDB is future-proofing application development. In July this year, New York based database solutions provider MongoDB announced the general availability of its latest iteration, the MongoDB 5.0.

How many shares does MongoDB have? Recently Viewed

Volume 1.34M
Shares Outstanding 67.57M
EPS (TTM) -$4.74
P/E Ratio (TTM) N/A
Dividend Yield N/A

Which company uses MongoDB? We have data on 52,674 companies that use MongoDB. The companies using MongoDB are most often found in United States and in the Computer Software industry.

Who uses MongoDB?

Company BROOKINGS INSTITUTION
Company Size >10000
Company Zendesk Inc
Website zendesk.com
Country United States

Is MongoDB private or public? MongoDB Inc.

MongoDB’s office in Palo Alto, California
Type Public company
Traded as Nasdaq: MDB (Class A) Russell 1000 component
Industry Software
Founded 2007

Is MongoDB a good buy?

MongoDB has received a consensus rating of Buy. The company’s average rating score is 2.93, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.

Is MongoDB profitable? MongoDB’s lack of profitability or even cash flow, in spite of an improving margin profile, will mean more to investors than its growth premium in the current risk-averse market.

What is MongoDB used for?

MongoDB is a document database used to build highly available and scalable internet applications. With its flexible schema approach, it’s popular with development teams using agile methodologies.

Is MongoDB better than PostgreSQL? Both databases are awesome. If you are looking for a distributed database for modern transactional and analytical applications that are working with rapidly changing, multi-structured data, then MongoDB is the way to go. If a SQL database fits your needs, then Postgres is a great choice.

Why is PostgreSQL so popular?

It is no accident that PostgreSQL has become so popular. It offers its users a huge (and growing) number of functions. These help programmers to create new applications, admins better protect data integrity, and developers build resilient and secure environments.

Who still uses MongoDB?

4224 companies reportedly use MongoDB in their tech stacks, including Uber, LaunchDarkly, and Delivery Hero.

  • Uber.
  • LaunchDarkly.
  • Delivery Hero.
  • Lyft.
  • KAVAK.
  • HENNGE K.K.
  • Accenture.
  • Stack.

Is MongoDB worth learning 2021? When it comes to use a NoSQL database MongoDB is the top priority for enterprises. Using object-oriented programming languages it is difficult to load and access data into RDBMS. You will have to do additional application-level mapping. MongoDB resolves this issue especially handling the Document Data.

What big companies use MongoDB? Some Real-World Companies That Use MongoDB

  • eBay. eBay is a multinational company that provides a platform for the customer to customer sales. …
  • MetLife. MetLife is a leading company in employee benefit programs, annuities, and insurance. …
  • Shutterfly. …
  • Aadhar. …
  • EA.

Is MongoDB better than postgresql?

Both databases are awesome. If you are looking for a distributed database for modern transactional and analytical applications that are working with rapidly changing, multi-structured data, then MongoDB is the way to go. If a SQL database fits your needs, then Postgres is a great choice.

Is MongoDB a buy now? MongoDB has received a consensus rating of Buy. The company’s average rating score is 2.93, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.

Is MongoDB a good company?

MongoDB is a great place to work. The pay is amazing and you can make a lot of money here. Managers do what they can to make sure you succeed here, even managers from other teams will help you out if you ask.

What is MongoDB market share? MongoDB market share is 5.69% with more than 12262 companies using this software.

 

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