Monday.com Reports Q1 2026 Earnings: Revenue Rises to $351M Amid AI Investments
Monday.com (MNDY) reported first-quarter earnings for fiscal year 2026, with revenue reaching $351 million—a 24% increase from the prior year. The company highlighted strong demand for its platform solutions and a record operating profit of $49 million despite challenges like AI computing costs reducing gross margins to 89%. Adjusted free cash flow hit $102.8 million, reflecting improved efficiency.
Tickers: $MNDY
Topics: ai_products platform_launch pricing_model_change revenue