MongoDB, Inc. vs Snowflake Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsData & Analytics
Data as of Q3 2026
Summary Verdict
MDB: 2—SNOW: 3wins
Rule of 40
49.3MDB
65.8SNOW
check_circleSNOW leads
Revenue Growth
33.5%MDB
46.0%SNOW
check_circleSNOW leads
Gross Margin
72%MDB
67%SNOW
check_circleMDB leads
FCF Margin
15.8%MDB
19.8%SNOW
check_circleSNOW leads
Operating Margin
-3.0%MDB
-23.8%SNOW
check_circleMDB leads
NRR
—MDB
—SNOW
Metric
Rule of 40Efficiency score
MDB
49.3
SNOW
65.8check_circle
Revenue GrowthYoY
MDB
33.5%
SNOW
46.0%check_circle
Gross Margin% of revenue
MDB
72%check_circle
SNOW
67%
FCF MarginFree cash flow
MDB
15.8%
SNOW
19.8%check_circle
Operating MarginGAAP
MDB
-3.0%check_circle
SNOW
-23.8%
NRRNet retention
MDB
N/A
SNOW
N/A
EV / RevenueValuation multiple
MDB
11.0xcheck_circle
SNOW
21.6x
Market CapUSD
MDB
$29.7B
SNOW
$116.9Bcheck_circle
ARR GrowthYoY
MDB
N/A
SNOW
N/A
CAC PaybackMonths to recover
MDB
N/A
SNOW
N/A
insights
Analysis
As of Q3 2026, MongoDB, Inc. trades at 11.0x EV/Revenue versus Snowflake Inc. at 21.6x. On the Rule of 40, MongoDB, Inc. scores 49.3 compared to Snowflake Inc.'s 65.8, placing Snowflake Inc. ahead in operating efficiency. Gross margins stand at MongoDB, Inc. 72% vs Snowflake Inc. 67%.
Sector Context
Both companies operate in the Data & Analytics sector. The median columns above show where each company stands relative to their peers.