3Lun·

monday Q3’25 Earnings Highlights

$MNDY (+0,18 %)


🔹 EPS: $1.16 (Est. $0.88) 🟢

🔹 Revenue: $316.9M (Est. $312.3M) 🟢; UP +26% YoY


Guide

🔹 Q4’25 Revenue: $328–$330M (Est. $333.8M) 🔴

🔹 FY25 Revenue: ~$1.23B (Est. $1.23B) 🟡

🔹 Q4’25 Adj OI: $36–$38M; Margin 11%–12%

🔹 FY25 Adj OI: $167–$169M; Margin ~14%

🔹 FY25 Adj FCF: $330–$334M; Margin ~27%


Q3 Product metrics:

🔹 New products (CRM, dev, service, campaigns): >10% of total ARR

🔹 monday campaigns launched; >200 accounts since September

🔹 ~60,000 apps built on monday vibe in ~3 months


Other Metrics

🔹 Net Dollar Retention (NDR): 111% overall; 115% (10+ users); 117% ($50k+ ARR); 117% ($100k+ ARR)

🔹 Customers (10+ users): 63,075; UP +7% YoY; now 81% of ARR (was 79%)

🔹 Customers ≥$50k ARR: 3,993; UP +37% YoY; now 40% of ARR (was 34%)

🔹 Customers ≥$100k ARR: 1,603; UP +48% YoY; now 27% of ARR (was 22%)

🔹 Customers ≥$500k ARR: 78; UP +73% YoY; now 6% of ARR (was 4%)

🔹 RPO: $747M; UP +36% YoY

🔹 Adjusted Free Cash Flow: $92.3M


CEO / CFO Commentary

🔸 “Strength of our execution moving upmarket while expanding the product suite.” – Co-CEOs Roy Mann & Eran Zinman

🔸 “Highest ever non-GAAP operating profit; focused on efficient, profitable growth.” – CFO Eliran Glazer

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