monday.com Q2 Revenue Climbs 22% to $365M; AI Products Double ARR; Full-Year Profit Outlook Raised
MNDY sits 48% above its 52-week low of $57.5.
Summary
monday.com reported Q2 2026 revenue of $364.6M (+22% YoY), record non-GAAP operating income, and AI product ARR that doubled from Q1. The company raised full-year profit guidance and completed its $870M buyback.
Updates
· Benzinga — Q3 revenue guidance of $368M-$370M missed the $372.73M consensus; stock fell 6.1%.
Key Events · Earnings and Guidance · MNDY
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Revenue Beats, AI Adoption Surges
Q2 revenue of $364.6M grew 22% YoY. ARR from AI products doubled from Q1, contributing 17% of net new ARR, signaling rapid enterprise adoption of the AI work platform.
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Record Profitability
Non-GAAP operating income hit a record $61.1M (17% margin), up from $45.1M a year ago. GAAP net income was $3.5M ($0.08/share) vs $1.6M ($0.03/share) in Q2 2025.
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Enterprise Customer Growth Accelerates
Customers with >$100K ARR grew 37% YoY to 2,019; >$500K ARR customers surged 68% to 114. Net dollar retention rate remained healthy at 109%.
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Full-Year Guidance Raised
FY2026 revenue guidance raised to $1,466M-$1,474M (19-20% growth). Non-GAAP operating income expected at $230M-$234M (~16% margin), up from prior implied levels.
Analysis · MNDY · Technology
monday.com delivered a strong Q2, with revenue up 22% to $364.6 million and record non-GAAP operating income of $61.1 million. The standout metric is AI product momentum — ARR from AI offerings doubled sequentially and now accounts for 17% of net new ARR, validating the company's strategic pivot toward an AI work platform. Customer metrics are accelerating: customers with >$100K ARR grew 37% year-over-year, and those with >$500K ARR surged 68%. The company completed its $870 million buyback program and raised full-year profit guidance, signaling confidence in the restructuring plan announced last month. The combination of accelerating AI adoption, improving profitability, and aggressive capital return makes this a thesis-affirming quarter.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 34.9% of the 1009 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.52%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MNDY was trading at $85.10 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.9B. The 52-week trading range was $57.50 to $264.00. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.