MongoDB
MDB
#948
Rank
$20.56 B
Marketcap
$278.45
Share price
-1.91%
Change (1 day)
-16.54%
Change (1 year)
MongoDB Inc. is an American software company that develops and provides commercial support for the open source database MongoDB, a NoSQL database that stores data in JSON-like documents with flexible schemas.

Operating Margin for MongoDB (MDB)

Operating Margin as of September 2024 (TTM): -11.34%

According to MongoDB's latest financial reports and stock price the company's current Operating Margin is -11.34%. At the end of 2024 the company had an Operating Margin of -9.16%.

Operating Margin history for MongoDB from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2024-9.16%-63.65%
2023-25.19%-24.51%
2022-33.37%-4.64%
2021-34.99%-4.91%
2020-36.80%6.76%
2019-34.47%-30.78%
2018-49.80%-17.55%
2017-60.39%-46.02%
2016-111.87%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44% 194.92%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.