monday.com Reports Q3 Revenue of $377.5 Million, Guides Q4 Below Forecasts
Third-quarter revenue rose 19.2% year over year to $377.5 million, above consensus, while adjusted EPS of $2.14 exceeded the $1.37 expected. Q4 revenue guidance is $380 million to $382 million, slightly below forecasts; full-year 2026 revenue guidance is $1.473 billion to $1.475 billion.
monday.com reported third-quarter 2026 revenue of $377.5 million, a 19.2% year-over-year increase that surpassed analyst consensus estimates. The company achieved an adjusted EPS of $2.14, significantly outperforming the expected $1.37. Despite these results, the company provided fourth-quarter revenue guidance of $380 million to $382 million, which fell slightly below market forecasts. Management highlighted a strategic evolution toward becoming an "AI-first company," noting that this transition introduces near-term operational headwinds.
For the full year 2026, the company expects revenue between $1.473 billion and $1.475 billion.