MongoDB, Inc. vs Snowflake Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsData & Analytics
Data as of Q2 2026
Summary Verdict
MDB: 2—SNOW: 3wins
Rule of 40
39.7MDB
54.0SNOW
check_circleSNOW leads
Revenue Growth
22.4%MDB
32.1%SNOW
check_circleSNOW leads
Gross Margin
72%MDB
67%SNOW
check_circleMDB leads
FCF Margin
17.3%MDB
21.9%SNOW
check_circleSNOW leads
Operating Margin
-6.6%MDB
-30.1%SNOW
check_circleMDB leads
NRR
—MDB
—SNOW
Metric
Rule of 40Efficiency score
MDB
39.7
SNOW
54.0check_circle
Revenue GrowthYoY
MDB
22.4%
SNOW
32.1%check_circle
Gross Margin% of revenue
MDB
72%check_circle
SNOW
67%
FCF MarginFree cash flow
MDB
17.3%
SNOW
21.9%check_circle
Operating MarginGAAP
MDB
-6.6%check_circle
SNOW
-30.1%
NRRNet retention
MDB
N/A
SNOW
N/A
EV / RevenueValuation multiple
MDB
10.1xcheck_circle
SNOW
18.9x
Market CapUSD
MDB
$25.1B
SNOW
$93.2Bcheck_circle
ARR GrowthYoY
MDB
N/A
SNOW
N/A
CAC PaybackMonths to recover
MDB
N/A
SNOW
N/A
insights
Analysis
As of Q2 2026, MongoDB, Inc. trades at 10.1x EV/Revenue versus Snowflake Inc. at 18.9x. On the Rule of 40, MongoDB, Inc. scores 39.7 compared to Snowflake Inc.'s 54.0, 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.