What monday.com (MNDY) Said on Its Q3 Earnings Call
monday.com (MNDY) reported Q3 non-GAAP net income of $93.6M, up from $61.9M YoY. AI annual recurring revenue reached $36M, with 30% of $50K+ accounts using AI credits. The company is shifting to a hybrid pricing model and expanding AI services, which may pressure margins. Full-year 2026 revenue is forecasted at $1.473B-$1.475B, with 20% growth expected.
How this was made
The 30-second read
Why it matters
The earnings beat and forward guidance provide a clear catalyst for short‑term price movement, while margin pressure introduces risk.
Market read
First disclosure of monday.com’s Q3 earnings and FY guidance, offering actionable insight for traders.
What to watch
Potential headcount expansion for Frontier services may affect near‑term profitability.
Background
monday.com reported Q3 results and FY2026 guidance, introducing a hybrid pricing model with AI usage fees.
Ticker impact
Q3 earnings disclosed non‑GAAP net income of $93.6 M, $2.14 EPS and FY2026 revenue guidance of $1.473‑$1.475 B, marking the first public release of these figures.
likely modest upside as investors price in higher guidance and AI revenue growth, with some caution on margin dip
New profit beat and FY guidance provide fresh actionable data; market will test the balance between growth and margin impact.
Market effects
AI‑driven SaaS revenue growth may lift peer workflow and collaboration software stocks.
Positive for US tech sector; limited direct impact on other regions.
Highlights broader trend of AI monetization in enterprise software.
Counterpoint
Margin compression and rising AI costs could pressure the stock despite revenue growth.
Key entities
- ExecutiveRoy Mann
Co‑CEO who discussed AI pricing and service expansion.
- ExecutiveZinman
Executive who presented AI revenue and usage metrics.
