MongoDB, Inc. (MDB) intrinsic value & 10-year financials
MongoDB, Inc. (MDB) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 40.6% a year to $2.5B, with an average return on invested capital of 114.8%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $337.57
- Market cap
- $27.4B
- Revenue (FY2026)
- $2.5B
- Revenue growth (10-yr CAGR)
- 40.6%
- ROIC (10-yr avg)
- 114.8%
- Free cash flow (FY2026)
- $500.2M
MDB 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $2.5B | -$71.2M | -$0.88 | $500.2M | -5.6% | -6.4% |
| FY2025 | $2.0B | -$129.1M | -$1.73 | $120.6M | -10.8% | -15.8% |
| FY2024 | $1.7B | -$176.6M | -$2.48 | $115.4M | -13.9% | -67.0% |
| FY2023 | $1.3B | -$345.4M | -$5.03 | -$20.2M | -27.0% | -107.6% |
| FY2022 | $873.8M | -$306.9M | -$4.75 | -$1.1M | -33.1% | 954.9% |
| FY2021 | $590.4M | -$266.9M | -$4.53 | -$54.4M | -35.5% | 46.7% |
| FY2020 | $421.7M | -$175.5M | — | -$33.1M | -35.1% | 132.5% |
| FY2019 | $267.0M | -$99.0M | — | -$48.8M | -36.6% | -28.4% |
| FY2018 | $166.0M | -$96.4M | — | -$47.0M | -58.6% | 209.1% |
| FY2017 | $114.8M | -$86.7M | — | -$39.8M | -74.9% | 30.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
MongoDB, Inc. is a consistent compounder, expanding top-line revenue at 40.6% annually over the past decade.
MongoDB, Inc. has historically struggled to out-earn its cost of capital, averaging just -0.4% ROIC.
MongoDB, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, MongoDB, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-29.23 per share.