monday.com Ltd. Ordinary Shares Earnings Recaps
Q3 2025
Nov 10, 2025
monday.com Ltd. delivered robust Q3 FY 2025 results, achieving a record non-GAAP operating profit while significantly expanding its customer base and product offerings, positioning the company favorably for its long-term revenue targets.
Key takeaways
- Total revenue reached $317 million, a 26% increase year-over-year, driven by strong performance in larger customer segments.
- Recorded net additions of over 100,000 customers, exceeding 500,000 paying customers in total, highlighting the effectiveness of their go-to-market strategy.
- Operating income reached a record $47.5 million, with an operating margin of 15%, underscoring improved operational efficiency.
- New product revenues surpassed 10% of total ARR, ahead of their 2025 goal, reflecting successful multi-product and AI-driven strategies.
- Gross margin maintained at 90%, with expectations to remain in the high 80s in the medium to long term.
Q2 2025
Aug 11, 2025
monday.com delivered strong second-quarter results with a 27% revenue growth, driven by increasing demand for its platform and enhanced AI capabilities. The company also maintained robust operational efficiency, achieving a 15% non-GAAP operating margin.
Key takeaways
- Total revenue for Q2 reached $299 million, marking a 27% year-over-year increase.
- Non-GAAP operating margin improved to 15%, reflecting disciplined cost management.
- monday CRM hit $100 million in annual recurring revenue, showcasing strong market traction.
- Customer engagement with AI capabilities skyrocketed, with 46 million AI-driven actions taken since launch.
- The company projected third-quarter revenues of $311 million to $313 million, indicating 24%-25% growth year-over-year.