MongoDB Gross Profit from 2010 to 2023

MDB Stock  USD 293.79  1.42  0.49%   
MongoDB Gross Profit is increasing over the years with slightly volatile fluctuation. Ongoing Gross Profit is projected to grow to about 1 B this year. From 2010 to 2023 MongoDB Gross Profit quarterly data regression line had arithmetic mean of 281,088,568 and slope of  69,853,739. MongoDB Direct Expenses is projected to increase significantly based on the last few years of reporting. The past year's Direct Expenses was at 349.3 Million. The current year's Cost of Revenue is expected to grow to about 376.9 M, whereas Consolidated Income is forecasted to decline to (354.5 M).
  
Check MongoDB financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MongoDB main balance sheet or income statement drivers, such as Direct Expenses of 376.9 M, Cost of Revenue of 376.9 M or Gross Profit of 1 B, as well as many exotic indicators such as Long Term Debt to Equity of 1.58, PPandE Turnover of 23.0 or Receivables Turnover of 4.82. MongoDB financial statements analysis is a perfect complement when working with MongoDB Valuation or Volatility modules. It can also supplement various MongoDB Technical models . Check out the analysis of MongoDB Correlation against competitors. For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.

MongoDB Gross Profit Breakdown

Showing smoothed Gross Profit of MongoDB with missing and latest data points interpolated. Gross profit is a required income statement account that reflects total revenue of MongoDB minus its cost of goods sold. It is profit before MongoDB operating expenses, interest payments and taxes. Gross profit is also known as gross margin. Aggregate revenue Revenues less cost of revenue [CoR] directly attributable to the revenue generation activity.MongoDB's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MongoDB's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 934.74 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

MongoDB Gross Profit Regression Statistics

Arithmetic Mean281,088,568
Geometric Mean139,910,378
Coefficient Of Variation120.54
Mean Deviation265,968,873
Median123,169,000
Standard Deviation338,816,924
Range964,120,947
R-Value0.86
R-Squared0.74
Significance0.00007217
Slope69,853,739

MongoDB Gross Profit History

2023B
2022934.7 M
2021614.3 M
2020413.3 M
2019296.4 M
2018193.4 M
2017123.2 M
201684.9 M

About MongoDB Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MongoDB income statement, its balance sheet, and the statement of cash flows. MongoDB investors use historical funamental indicators, such as MongoDB's Gross Profit, to determine how well the company is positioned to perform in the future. Although MongoDB investors may use each financial statement separately, they are all related. The changes in MongoDB's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MongoDB's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on MongoDB Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MongoDB. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Gross Profit934.7 MB

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Check out the analysis of MongoDB Correlation against competitors. For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide. Note that the MongoDB information on this page should be used as a complementary analysis to other MongoDB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running MongoDB's price analysis, check to measure MongoDB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MongoDB is operating at the current time. Most of MongoDB's value examination focuses on studying past and present price action to predict the probability of MongoDB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MongoDB's price. Additionally, you may evaluate how the addition of MongoDB to your portfolios can decrease your overall portfolio volatility.
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Is MongoDB's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MongoDB. If investors know MongoDB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MongoDB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of MongoDB is measured differently than its book value, which is the value of MongoDB that is recorded on the company's balance sheet. Investors also form their own opinion of MongoDB's value that differs from its market value or its book value, called intrinsic value, which is MongoDB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MongoDB's market value can be influenced by many factors that don't directly affect MongoDB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MongoDB's value and its price as these two are different measures arrived at by different means. Investors typically determine if MongoDB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MongoDB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. Check out the analysis of MongoDB Correlation against competitors. For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.