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Side-by-side financial comparison of MongoDB, Inc. (MDB) and VIASAT INC (VSAT). Click either name above to swap in a different company.

VIASAT INC is the larger business by last-quarter revenue ($1.2B vs $628.3M, roughly 1.8× MongoDB, Inc.). VIASAT INC runs the higher net margin — 2.2% vs -0.3%, a 2.5% gap on every dollar of revenue. On growth, MongoDB, Inc. posted the faster year-over-year revenue change (18.7% vs 3.0%). Over the past eight quarters, MongoDB, Inc.'s revenue compounded faster (17.1% CAGR vs 0.3%).

MongoDB, Inc. is an American software company that develops and provides commercial support for the source-available database engine MongoDB, a database for unstructured data. Over the years, the company has expanded the product from its NoSQL roots to have broader appeal to enterprise customers, such as adding ACID and transactions.

Viasat, Inc. is an American communications company based in Carlsbad, California, with additional operations across the United States and worldwide. Viasat is a provider of high-speed satellite broadband services and secure networking systems covering military and commercial markets.

MDB vs VSAT — Head-to-Head

Bigger by revenue
VSAT
VSAT
1.8× larger
VSAT
$1.2B
$628.3M
MDB
Growing faster (revenue YoY)
MDB
MDB
+15.7% gap
MDB
18.7%
3.0%
VSAT
Higher net margin
VSAT
VSAT
2.5% more per $
VSAT
2.2%
-0.3%
MDB
Faster 2-yr revenue CAGR
MDB
MDB
Annualised
MDB
17.1%
0.3%
VSAT

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
MDB
MDB
VSAT
VSAT
Revenue
$628.3M
$1.2B
Net Profit
$-2.0M
$25.0M
Gross Margin
71.5%
Operating Margin
-2.9%
2.3%
Net Margin
-0.3%
2.2%
Revenue YoY
18.7%
3.0%
Net Profit YoY
79.5%
115.8%
EPS (diluted)
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MDB
MDB
VSAT
VSAT
Q4 25
$628.3M
$1.2B
Q3 25
$591.4M
$1.1B
Q2 25
$549.0M
$1.2B
Q1 25
$548.4M
$1.1B
Q4 24
$529.4M
$1.1B
Q3 24
$478.1M
$1.1B
Q2 24
$450.6M
$1.1B
Q1 24
$458.0M
$1.2B
Net Profit
MDB
MDB
VSAT
VSAT
Q4 25
$-2.0M
$25.0M
Q3 25
$-47.0M
$-61.4M
Q2 25
$-37.6M
$-56.4M
Q1 25
$15.8M
$-246.1M
Q4 24
$-9.8M
$-158.4M
Q3 24
$-54.5M
$-137.6M
Q2 24
$-80.6M
$-32.9M
Q1 24
$-55.5M
$-100.3M
Gross Margin
MDB
MDB
VSAT
VSAT
Q4 25
71.5%
Q3 25
71.0%
Q2 25
71.2%
Q1 25
72.8%
Q4 24
74.4%
Q3 24
73.2%
Q2 24
72.8%
Q1 24
75.0%
Operating Margin
MDB
MDB
VSAT
VSAT
Q4 25
-2.9%
2.3%
Q3 25
-11.0%
3.1%
Q2 25
-9.8%
4.0%
Q1 25
-3.4%
-13.4%
Q4 24
-5.3%
1.9%
Q3 24
-14.9%
-2.2%
Q2 24
-21.8%
5.3%
Q1 24
-15.5%
0.0%
Net Margin
MDB
MDB
VSAT
VSAT
Q4 25
-0.3%
2.2%
Q3 25
-8.0%
-5.4%
Q2 25
-6.9%
-4.8%
Q1 25
2.9%
-21.5%
Q4 24
-1.8%
-14.1%
Q3 24
-11.4%
-12.3%
Q2 24
-17.9%
-2.9%
Q1 24
-12.1%
-8.7%
EPS (diluted)
MDB
MDB
VSAT
VSAT
Q4 25
$0.18
Q3 25
$-0.45
Q2 25
$-0.43
Q1 25
$-1.92
Q4 24
$-1.23
Q3 24
$-1.07
Q2 24
$-0.26
Q1 24
$-1.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MDB
MDB
VSAT
VSAT
Cash + ST InvestmentsLiquidity on hand
$834.1M
$1.3B
Total DebtLower is stronger
$6.2B
Stockholders' EquityBook value
$2.9B
$4.6B
Total Assets
$3.6B
$14.9B
Debt / EquityLower = less leverage
1.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MDB
MDB
VSAT
VSAT
Q4 25
$834.1M
$1.3B
Q3 25
$647.1M
$1.2B
Q2 25
$657.8M
$1.2B
Q1 25
$490.1M
$1.6B
Q4 24
$673.1M
$1.6B
Q3 24
$1.3B
$3.5B
Q2 24
$815.7M
$1.8B
Q1 24
$803.0M
$1.9B
Total Debt
MDB
MDB
VSAT
VSAT
Q4 25
$6.2B
Q3 25
$6.5B
Q2 25
$6.5B
Q1 25
$6.5B
Q4 24
$6.5B
Q3 24
$6.4B
Q2 24
$7.1B
Q1 24
$7.1B
Stockholders' Equity
MDB
MDB
VSAT
VSAT
Q4 25
$2.9B
$4.6B
Q3 25
$2.9B
$4.5B
Q2 25
$3.0B
$4.6B
Q1 25
$2.8B
$4.6B
Q4 24
$1.5B
$4.8B
Q3 24
$1.4B
$4.9B
Q2 24
$1.3B
$5.0B
Q1 24
$1.1B
$5.0B
Total Assets
MDB
MDB
VSAT
VSAT
Q4 25
$3.6B
$14.9B
Q3 25
$3.5B
$14.8B
Q2 25
$3.6B
$14.9B
Q1 25
$3.4B
$15.4B
Q4 24
$3.2B
$15.6B
Q3 24
$3.1B
$17.8B
Q2 24
$3.0B
$16.1B
Q1 24
$2.9B
$16.3B
Debt / Equity
MDB
MDB
VSAT
VSAT
Q4 25
1.37×
Q3 25
1.44×
Q2 25
1.43×
Q1 25
1.43×
Q4 24
1.37×
Q3 24
1.30×
Q2 24
1.42×
Q1 24
1.42×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MDB
MDB
VSAT
VSAT
Operating Cash FlowLast quarter
$143.5M
$726.9M
Free Cash FlowOCF − Capex
$141.8M
FCF MarginFCF / Revenue
22.6%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
29.11×
TTM Free Cash FlowTrailing 4 quarters
$346.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MDB
MDB
VSAT
VSAT
Q4 25
$143.5M
$726.9M
Q3 25
$72.1M
$282.2M
Q2 25
$109.9M
$258.5M
Q1 25
$50.5M
$298.4M
Q4 24
$37.4M
$219.5M
Q3 24
$-1.4M
$239.2M
Q2 24
$63.6M
$151.1M
Q1 24
$54.6M
$232.0M
Free Cash Flow
MDB
MDB
VSAT
VSAT
Q4 25
$141.8M
Q3 25
$71.6M
Q2 25
$108.3M
Q1 25
$24.6M
Q4 24
$35.5M
Q3 24
$-2.4M
Q2 24
$63.1M
Q1 24
$51.9M
FCF Margin
MDB
MDB
VSAT
VSAT
Q4 25
22.6%
Q3 25
12.1%
Q2 25
19.7%
Q1 25
4.5%
Q4 24
6.7%
Q3 24
-0.5%
Q2 24
14.0%
Q1 24
11.3%
Capex Intensity
MDB
MDB
VSAT
VSAT
Q4 25
0.3%
Q3 25
0.1%
Q2 25
0.3%
Q1 25
4.7%
Q4 24
0.4%
Q3 24
0.2%
Q2 24
0.1%
Q1 24
0.6%
Cash Conversion
MDB
MDB
VSAT
VSAT
Q4 25
29.11×
Q3 25
Q2 25
Q1 25
3.19×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MDB
MDB

Mongo DB Atlas Related$470.4M75%
Other Subscription$138.7M22%
Services$19.2M3%

VSAT
VSAT

Products$334.2M29%
Aviation Services$303.7M26%
Government Satcom Services$202.4M17%
Maritime Services$114.9M10%
Information Security And Cyber Defense Products$97.0M8%
Tactical Networking Products$93.9M8%
Navarino Uk And Jsat Mobile$15.5M1%
Advanced Technologies And Other Products$6.1M1%

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