MongoDB takes a swing at PostgreSQL after claiming wins against rival
NoSQL database vendor MongoDB says it is making significant gains against open source relational rival PostgreSQL in a claim that seems to fly in the face of recent research.
Speaking as the company announced its second quarter results – which beat expectations with revenue up 13 percent to $478.1 million – CEO Dev Ittycheria claimed that recent success had partly been down to competitive wins against PostgreSQL, the system that became the most popular database among professional developers last year, according to a Stack Overflow survey.
MongoDB suffered operational losses of $71.4 million in Q2 of its fiscal 2025 ended July 31, much higher than the $49.0 million recorded in the same quarter last year. Yet Ittycheria was not about to let that spoil the upbeat mood following the results, which saw the company's value climb 14 percent.
He said MongoDB had used its database service, Atlas, to win workloads off PostgreSQL in a project at Fanatics Betting & Gaming, a division of sports ecosystem company Fanatics, which is worth around $30 billion.
