MongoDB
MDBQ2 2023(MDB Q1 FY2024)Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$135.8M
AI Revenue (Q)
$6.8M
Total Revenue (Q)
$450.6M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q1 FY2024 (3 months ended Apr 30, 2023). Total revenue $368.3M (Subscription $354.7M + Services $13.6M). MongoDB announced Atlas Vector Search preview in June 2023, but it was not yet GA during this quarter. However, generative AI hype was accelerating (ChatGPT launched Nov 2022), driving increased developer interest in MongoDB for AI data infrastructure. Slight uptick to 1.5% reflects early AI-adjacent workload growth. Math: $368.3M x 1.5% = ~$5.5M estimated AI revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Subscription $354,714K, Services $13,566K, Total revenue $368,280K
10-Q for period ended April 30, 2023
The Company has one operating and reportable segment
10-K FY2024, Segment Information note
AI Products Identified (Ring 1)
MongoDB Atlas (general-purpose database, growing AI use cases)Atlas Vector Search (preview announced, not yet GA)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Atlas cloud database consumption by AI application developersRAG and LLM application data layers
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix