MongoDB Gross Margin 2017-2024 | MDB
- MongoDB average gross margin for 2023 was 73.66%, a 3.64% increase from 2022.
- MongoDB average gross margin for 2022 was 71.07%, a 1.76% increase from 2021.
- MongoDB average gross margin for 2021 was 69.84%, a 1.19% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.