monday.com Ltd. (MNDY) Earnings Call Transcripts

monday.com Ltd.'s Latest Earnings Call - Q1 FY2026

In the first quarter of fiscal year 2026, monday.com reported a revenue of $351 million, reflecting a robust 24% year-over-year growth. Operating profit reached a record $49 million, indicating improved efficiency in growth. Management has provided guidance for Q2 revenue in the range of $354 million to $356 million, representing a growth rate of 18% to 19% year-over-year, while full-year revenue guidance is set between $1.466 billion and $1.475 billion, suggesting a growth of 19% to 20%. The company also introduced a new consumption-based pricing model, which could significantly impact future revenue streams.

Reported metrics

Guidance from management

For Q2 FY 2026, management expects revenue between $354 million and $356 million, with full-year revenue guidance of $1.466 billion to $1.475 billion, representing 19% to 20% growth year-over-year.

What management said

Yes, this is Eran. So look, we have nothing new to report with Pay Search. Overall, the top of funnel environment remains soft, but it's pretty much in line with our expectations that we gave in the beginning of the year. I would say that on top of that, ACV of new lands is increasing across touch and no touch. So we've seen high-quality leads coming into the platform. And we continue to manage performance marketing ...

Yes. So we spend a lot of time -- oh, hi, Josh, by the way, we spend a lot of time of getting feedback from our customers. And what we've rolled out is very consistent with how they want to consume value in our platform. As you heard from along with our new customers, it is -- it comes with seeds plus credits. Our existing customers, it's going to be an opt-in motion. So we'll work with them over the next a couple ...

What analysts pressed on

Analysts expressed concerns regarding the new pricing model's impact on customer adoption and revenue predictability. Questions were raised about the potential slowdown in demand for seats and how the new model would affect existing customers' migration.

Main topics on the call

• Revenue Growth Acceleration — monday.com achieved a revenue of $351 million in Q1 2026, up 24% year-over-year, driven by strong enterprise demand. Co-CEO Roy Mann stated, "We generated a record $49 million in operating profit, demonstrating that our ...
• AI Product Contribution — Approximately 10% of net new ARR in Q1 was attributed to AI products, showcasing the growing impact of AI on revenue. Mann noted, "The market is also responding to our AI product," indicating a positive trend in AI adopt...
• New Pricing Model Introduction — The company announced a new seats credit pricing structure, transitioning to a consumption-based model. Zinman emphasized, "This is not a feature release or a rebrand; we have rearchitectured the core of our platform," i...
• Guidance Update — Management expects Q2 revenue to be between $354 million and $356 million, with full-year revenue guidance set at $1.466 billion to $1.475 billion. CFO Eliran Glazer stated, "We expect full year adjusted free cash flow o...

Read the full monday.com Ltd. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 34 monday.com Ltd. earnings call transcripts on record, spanning August 17, 2021 to August 10, 2026. Based on this history, monday.com Ltd. reports quarterly. The most recent call on file is dated August 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MNDY

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Software

Calls on record

34

First call

August 17, 2021

Most recent

August 10, 2026

Reporting cadence

quarterly