🔹 Revenue: $299.0M (Est. $293M) 🟢; UP +27% YoY
🔹 Adj EPS: $1.09 (Est. $0.87) 🟢; UP +16% YoY
FY’25 Guide:
🔹 Revenue: $1.224B–$1.229B (Est. $1.22B) 😐; ~+26% YoY
🔹Non-GAAP Op. Income: $154M–$158M; margin ~13%
🔹Adj. FCF: $320M–$326M; margin 26–27%
Q3’25 Guidance:
🔹 Revenue: $311M–$313M (Est. $313M) 😐; UP +24–25% YoY
🔹 Non-GAAP Op. Income: $34M–$36M; margin 11–12%
Q2 Customer Metrics:
🔹 NDRR: 111% overall; 115% (>10 users); 116% (>$50K ARR); 117% (>$100K ARR)
🔹 Paid Customers >10 Users: 61,803; UP +8% YoY
🔹 Paid Customers >$50K ARR: 3,702; UP +36% YoY
🔹 Paid Customers >$100K ARR: 1,472; UP +46% YoY
🔹 Record net new >$100K ARR customers added in Q2
🔹 monday CRM ARR hit $100M in just 3 years
🔹 Adj Free Cash Flow: $64.1M
CEO Commentary:
🔸 “Continued revenue growth and rapidly growing enterprise demand, fueled by our AI innovation, are taking platform flexibility to the next level.”
🔸 “Our focus remains on efficient growth, expanding go-to-market reach, and delivering products people love.”