Goodwill and Acquired Intangible Assets, Net

6 Months Ended

Jul. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Acquired Intangible Assets, Net

Goodwill and Intangible Assets, Net

The following table summarizes the changes in the carrying amount of goodwill during the periods presented (in thousands):


	July 31, 2025		January 31, 2025
Balance, beginning of year	$	69,679	$	69,679
Increase in goodwill related to business combinations	119,962		—
Balance, end of period	$	189,641	$	69,679

The gross carrying amount and accumulated amortization of the Company’s intangible assets are as follows (in thousands):


	July 31, 2025
	Gross Carrying Value		Accumulated Amortization		Net Book Value
Developed technology	$	65,200	$	(46,139)	$	19,061
Customer relationships	15,200		(15,200)		—
IP addresses	24,445		(1,393)		23,052
Total	$	104,845	$	(62,732)	$	42,113


	January 31, 2025
	Gross Carrying Value		Accumulated Amortization		Net Book Value
Developed technology	$	41,200	$	(40,407)	$	793
Customer relationships	15,200		(15,200)		—
IP addresses	23,986		(182)		23,804
Total	$	80,386	$	(55,789)	$	24,597

Intangible assets are primarily acquired through business combinations. See Note 4, Business Combinations, for further details. During the year ended January 31, 2025, the Company purchased $24.0 million of intangible assets for IP addresses and the costs are amortized on a straight-line basis over an estimated useful life of ten years.

Intangible assets are amortized on a straight-line basis. Amortization expense of intangible assets was $3.8 million and $6.9 million for the three and six months ended July 31, 2025, respectively and $0.1 million and $2.8 million for the three and six months ended July 31, 2024, respectively. Amortization expense for developed technology is included as cost of

subscription revenue and research and development expense in the Company’s interim condensed consolidated statements of operations. Amortization expense for customer relationships is included as sales and marketing expense in the Company’s interim condensed consolidated statements of operations. Amortization expense for IP addresses is included as cost of subscription revenue in the Company’s interim condensed consolidated statements of operations.

As of July 31, 2025, future amortization expense related to the intangible assets is as follows (in thousands):


Fiscal Period:
Remainder of 2026	$	7,611
2027	14,558
2028	3,003
2029	2,444
2030	2,444
Thereafter	12,053
Total	$	42,113

MongoDB, Inc. 10-Q