canar.ai
Rankings/MDB/Q4 2024 Analysis

MongoDB

MDB
Q4 2024(MDB Q3 FY2025)Estimated4% AI
AI Revenue %
4%
AI Fair Value
$382.9M
AI Revenue (Q)
$49.0M
Total Revenue (Q)
$1.2B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q3 FY2025 (3 months ended Oct 31, 2024). Total revenue $529.4M (Subscription $512.2M + Services $17.2M). Atlas revenue approximately 68% of total for the quarter ($360.0M, from Q3 FY2026 comparative: 68% in Q3 FY2025). MongoDB approaching profitability (loss from operations only -$27.9M). AI workload momentum building. The filing notes the convertible senior notes ($1.125B) moved to current liabilities. No AI-specific revenue quantified. Estimate 4% as Vector Search matures and enterprise AI adoption grows. Math: $529.4M x 4% = ~$21.2M estimated AI revenue.
Analyzed by claude-opus-4-6

Quoted Figures

Subscription $512,205K, Services $17,170K, Total revenue $529,375K
10-Q for period ended October 31, 2024
MongoDB Atlas revenue represented 68%...of our total revenue during the three months ended October 31, 2024
10-Q for period ended October 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 workloadsEmbedding storage and retrievalAI-powered enterprise applications using MongoDB as data layer

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix