monday.com (MNDY) Q3 2026 Earnings Call Transcript

monday.com (MNDY) reported Q3 2026 revenue of $378M, up 19% YoY, with record non-GAAP operating income of $89M. The company is shifting focus to AI integration and enterprise customers, facing market headwinds. AI ARR reached $36M, and the company launched new AI-driven products and services. Guidance for Q4 2026 revenue is $380M-$382M, with full-year revenue expected at $1.473B-$1.475B, up 20% YoY.

Original reporting

finance.yahoo.com

Published Nov 9, 2026, 9:44 PM UTC

Analysis

AlphAI AI DeskAI-generated

Added to AlphAI Nov 9, 2026, 9:54 PM UTC. Informational, not investment advice.

How this was made

AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.

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monday.com (MNDY) Q3 2026 Earnings Call Transcript — source image — Source · finance.yahoo.com

Decision brief

The 30-second read

$MNDYBearishMed

Why it matters

The earnings beat and record margins suggest operational strength, but guidance and restructuring signal near‑term pressure.

Market read

Primary earnings disclosure with fresh guidance for a mid‑cap SaaS company; relevant for short‑term traders and longer‑term investors evaluating AI strategy.

What to watch

Rapid AI adoption and new service offerings like monday Frontier may drive future revenue beyond guidance.

Relevance 7/10Novelty 8/10Timing: post‑earnings release today

Background

Monday.com outlined its AI‑first transformation, workforce reduction, and new service offerings during its Q3 earnings call.

Company-level read

Ticker impact

AI estimates · verify against primary disclosures

$MNDYBearishMedium confidence

Context

Q3 2026 earnings release with revenue $378M (+19% YoY) and FY guidance of $1.473‑$1.475B.

Expected impact

potential modest downside as investors digest modest guidance and restructuring impact

Evidence & confidence

Strong Q3 results are offset by near‑term headwinds, workforce reduction and cautious FY outlook.

Market effects

Sector

AI‑enabled workflow SaaS sector may see increased scrutiny on guidance amid transition costs.

Regional

U.S. tech investors may adjust exposure to mid‑cap SaaS names.

Global

Limited; primarily impacts U.S. software market participants.

Counterpoint

What could challenge this read

Despite modest guidance, the AI‑first strategy could unlock higher margins, supporting upside.

Key entities

Executive
Eran Zinman
Chief Operating Officer presenting transformation details.
Executive
Eliran Glazer
Chief Financial Officer presenting financial results and guidance.

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Monday.Com Ltd (MNDY) Q3 2026 Earnings Call Highlights: Record Margins and AI Momentum

Monday.com (MNDY) reported Q3 2026 revenue of $378M, up 19% YoY, with record non-GAAP operating income of $89M and a 24% margin. AI ARR reached $36M, driven by adoption. Q4 growth is expected to slow to 14% due to market headwinds and restructuring impacts. The company faces downmarket pressure and longer sales cycles, with full-year NDR expected at 107%. Management anticipates a multi-quarter recovery.

finance.yahoo.comNov 9