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Sells cloud work-management software ('Work OS') that teams use to plan projects, workflows and tasks.
Sells cloud work-management software ('Work OS') that teams use to plan projects, workflows and tasks.
Sold as monthly or annual subscriptions priced by number of users and feature tier, with many customers starting through a free trial and then adding seats and products such as CRM and software-development tools. Growth relies on existing customers adding more seats as well as new accounts. It is incorporated in Israel.
Moat: narrow (switching costs, network effects, brand). Once workflows and data are built into the platform, switching costs rise, but the market is crowded.
Headquarters: Tel Aviv, Israel · Founded: 2012 · Employees: 3,155
Size monday.com (MNDY) is a United States Information Technology company (Packaged Software) with a market value of $3.72B, the 1391st largest of 3,117 United States companies the cockpit tracks. Shares closed at $87.93 on 6 Nov 2026.
Performance Over six months the shares gained 22.0%, against +3.4% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 20 in its peer set.
Growth Revenue grew 24.2% over the last twelve months (peer median +20.1%); the operating margin is 2.9% (peer median 5.7%).
Valuation It trades at 14.2× forward earnings against a peer median of 28.3× (2nd cheapest of 17).
Price implies For today's price to make sense, revenue must grow about 24% a year for seven years (Req g). Recent delivered growth is +50%, so the hurdle is -27 pp: the price already allows for a slowdown.
Backlog Backlog (remaining performance obligations) was $839M at 31 Dec 2025 — 0.7 years of trailing revenue. Backlog detail →
Short interest Short interest is 12.6% of the free float (15 Oct 2026).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.37B | $1.23B | $972M | $730M | $519M |
| Revenue growth | — | +27% | +33% | +41% | — |
| Gross profit | $1.21B | $1.09B | $862M | $649M | $453M |
| EBITDA | $54.7M | $12.1M | -$2.79M | -$29.6M | -$143M |
| Net income | $121M | $119M | $32.4M | -$1.88M | -$137M |
| Free cash flow | $317M | $310M | $296M | $205M | $8.14M |
| Capital expenditure | $21.9M | $23.7M | $15.2M | $10.5M | $19.0M |
| Total debt | $237M | $169M | $106M | $61.1M | $77.7M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| monday.com MNDY | $3.72B | +22% | +24% | 3% | 14.2× | 23.6% |
| Asana ASAN | $2.43B | +60% | +9% | -15% | 27.4× | 10.7% |
| Atlassian TEAM | $38.7B | +5% | +26% | 4% | 28.7× | 44.7% |
| HubSpot HUBS | $10.0B | +2% | +21% | 4% | 12.5× | 25.1% |
| Freshworks FRSH | $3.18B | +37% | +15% | 8% | 14.5× | 12.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MNDY | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.1% | +7.2% | 7th lowest of 21 |
| 6-month return | +22.0% | +3.4% | 8th highest of 20 |
| Distance from 52-week high | -53.9% | -26.9% | 5th lowest of 21 |
| Revenue growth (TTM) | +24.2% | +20.1% | 10th highest of 21 |
| Operating margin | 2.9% | 5.7% | 9th lowest of 20 |
| Forward P/E | 14.2× | 28.3× | 2nd cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | 23.6% | 20.8% | 6th most demanding of 14 |
| Growth delivered (Del g) | +50.2% | +19.0% | 2nd highest of 14 |
| Hurdle (Req g minus delivered) | -26.6 pp | +4.5 pp | 2nd least demanding of 14 |
| Net debt / EBITDA | -15.3× | -2.1× | 2nd least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| monday.com MNDY | United States | $3.72B | +22% | +24% | 3% | 14.2× | 23.6% | +50.2% |
| Glory View Technology 301396.SZ | China | $3.72B | -49% | +53% | n/a | 25.3× | n/a | n/a |
| Appian APPN | United States | $3.70B | +135% | +21% | 4% | 41.6× | 42.9% | +19.0% |
| Koei Tecmo 3635.T | Japan | $3.74B | +15% | +19% | 43% | 15.1× | -5.7% | +7.9% |
| G-Bits Network Technology (Xiamen) 603444.SS | China | $3.77B | -14% | +35% | 40% | 12.5× | -0.9% | +17.7% |
| Geovis Technology 688568.SS | China | $3.78B | -45% | -64% | -70% | n/a | n/a | n/a |
| Core Scientific CORZ | United States | $3.78B | -49% | +26% | -31% | n/a | n/a | n/a |
| Thunder Software Technology 300496.SZ | China | $3.83B | -13% | +40% | 6% | 40.0× | n/a | n/a |
| Life360 LIF | United States | $3.86B | +8% | +34% | 1% | 33.9× | n/a | n/a |
| Magnite MGNI | United States | $3.93B | +94% | +8% | 16% | 20.9× | 31.9% | +26.4% |
| DLocal DLO | United States | $3.94B | +2% | +57% | 18% | 14.4× | 2.4% | +60.0% |
| AvePoint AVPT | United States | $3.50B | +45% | +25% | 10% | 37.6× | 31.6% | +22.6% |
| Kinaxis KXS.TO | Canada | $4.01B | +35% | +16% | 18% | 30.9× | 12.9% | +20.6% |
| Momenta Global 6880.HK | Hong Kong | $4.02B | n/a | +82% | -32% | n/a | n/a | n/a |
| First Advantage FA | United States | $4.04B | +47% | +33% | 11% | 17.4× | 20.8% | +25.3% |
| Agilysys AGYS | United States | $3.42B | +69% | +15% | 13% | 41.6× | 22.9% | +18.4% |
| Talkweb Information System 002261.SZ | China | $4.11B | -39% | +9% | 1% | n/a | n/a | n/a |
| Intapp INTA | United States | $3.35B | +76% | +14% | -4% | 25.7× | 4.3% | +21.9% |
| Kingdee International Software 0268.HK | Hong Kong | $4.16B | +3% | +17% | 2% | 65.4× | 45.4% | +15.0% |
| OPENLANE OPLN | United States | $4.22B | -9% | +13% | 17% | 20.7× | 11.1% | -2.4% |
| China National Software & Service 600536.SS | China | $4.22B | -20% | -16% | 0% | 131.0× | 49.7% | -7.3% |
monday.com reported $839M of remaining performance obligations at 31 Dec 2025. That is 0.7 years of trailing revenue already under contract.