MongoDB
MDB
$327.47
Share price
-2.41%
Change (1 day)
41.49%
Change (1 year)
Categories
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 April 2024 (TTM): -22.59%
According to MongoDB's latest financial reports and stock price the company's current Operating Margin is -22.59%. At the end of 2023 the company had an Operating Margin of -27.00%.
Operating Margin history for MongoDB from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | -27.00% | -18.48% |
| 2022 | -33.12% | -6.59% |
| 2021 | -35.45% | 1.11% |
| 2020 | -35.06% | -4.24% |
| 2019 | -36.61% | -41.83% |
| 2018 | -62.95% | -25.77% |
| 2017 | -84.80% | -24.2% |
| 2016 | -111.87% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Anaplan
PLAN | -33.44% | 48.05% | 🇺🇸 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.