MongoDB
MDBQ3 2024(MDB Q2 FY2025)Estimated3.5% AI
AI Revenue %
3.5%
AI Fair Value
$388.4M
AI Revenue (Q)
$19.2M
Total Revenue (Q)
$549.0M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q2 FY2025 (3 months ended Jul 31, 2024). Total revenue $478.1M (Subscription $463.8M + Services $14.3M). Atlas revenue approximately 71% of total ($339.5M). MongoDB continues to position itself as an AI data platform. Vector Search has been GA for over a year. The company settled its 2024 convertible notes capped calls for $170.6M in cash, indicating financial strength. No AI-specific revenue disclosure. Growing adoption of MongoDB for AI workloads but still from a small base. Estimate 3.5%. Math: $478.1M x 3.5% = ~$16.7M estimated AI revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Subscription $463,805K, Services $14,304K, Total revenue $478,109K
10-Q for period ended July 31, 2024
MongoDB Atlas revenue represented 71%...of our total revenue during the three months ended July 31, 2024
10-Q for period ended July 31, 2025, MD&A (comparative)
AI Products Identified (Ring 1)
MongoDB Atlas Vector SearchMongoDB Atlas (AI workload consumption)
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 consumption by AI/ML application developersRAG and retrieval-augmented generation workloadsEmbedding storage and vector similarity search
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix