MongoDB Net Losses

Is MongoDB Profitable?

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BUSINESS CONCEPT

Is MongoDB Profitable?

MongoDB is not profitable. It reported a net loss of $176.6 million in 2023, compared to $345.4 million in 2022 and $306.86 million in 2021.

Real-World Examples
Oracle
Key Insight
MongoDB is not profitable. It reported a net loss of $176.6 million in 2023, compared to $345.4 million in 2022 and $306.86 million in 2021.
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MongoDB is not profitable. It reported a net loss of $176.6 million in 2023, compared to $345.4 million in 2022 and $306.86 million in 2021.

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Who Owns MongoDB?

Who Owns MongoDB?
MongoDB is primarily owned by institutional investors like T. Rowe Price, The Vanguard Group, BlackRock, and FMR. Followed by individuals and executives at the company like Dwight Merriman and Dev Ittycheria.

MongoDB Revenue

MongoDB Revenue
MongoDB generated $1.68 billion in 2023, compared to $1.28 billion in 2022 and $873 million in 2021.
MongoDB-Revenue-Breakdown

Is MongoDB Profitable?

MongoDB Net Losses
MongoDB is not profitable. It reported a net loss of $176.6 million in 2023, compared to $345.4 million in 2022 and $306.86 million in 2021.

Who Owns Oracle

who-owns-oracle
Oracle’s main shareholder is founder Larry Ellison, which owns almost 43% of the company’s stocks—followed by Chief Executive Officer of Oracle, Safra A. Catz. Other individual shareholders comprise executive vice president and chief corporate architect Edward Screven and vice chairman Jeffrey Henley. The top institutional investor is The Vanguard Group, with 5.3% of the company’s stock.

Oracle Business Model

oracle-business-model
Oracle is a behemoth software company founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates. The company followed the on-premise software model but mostly successfully transitioned to the cloud model. In fact, by 2022, cloud services represented most of its revenues. Indeed its lineup of software products comprises MySQL, Java, Middleware, Oracle Linux, and many others.

Oracle Revenue

oracle-revenue
Oracle generated over $42.4 billion in revenue in 2022, compared to $nearly $40.5 billion in 2021, and $39 billion in 2020.

Oracle Profits

oracle-profits
Oracle generated $6.72 billion in profits in 2022, compared to $13.74 billion in 2021 and over $10 billion in 2020.

Oracle Revenue Breakdown

oracle-revenue-breakdown
In 2022, Oracle generated over 70% of its revenue from cloud services. Indeed, in 2022, Oracle generated over $30 billion from cloud services, nearly $5.9 billion from the cloud and on-premise licenses, almost $3.2 billion from hardware, and $3.2 billion from services.

Oracle Employees

oracle-employees
Oracle had 143,000 employees in 2022, compared to 132,000 in 2021 and 135,000 in 2020.

Oracle Revenue Per Employee

oracle-revenue-per-employee
Oracle generated over $296K per employee in 2022, compared to over $306K in 2021 and over $289K in 2020.

Frequently Asked Questions

What is Is MongoDB Profitable??
MongoDB is not profitable. It reported a net loss of $176.6 million in 2023, compared to $345.4 million in 2022 and $306.86 million in 2021.

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