monday.com Announces Fourth Quarter and Fiscal Year 2024 Results

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monday.com's Q4 2024 results reveal a compelling story of profitable growth and strategic execution. The standout metrics paint a picture of a company successfully navigating the enterprise market while maintaining efficiency:

Financial Excellence:

Revenue reached $268.0 million, marking 32% YoY growth
Non-GAAP operating margin expanded to 15% from 10% YoY
Free cash flow generation of $72.7 million, representing a robust 27% margin

Enterprise Traction: The 45% growth in customers with $100,000+ ARR demonstrates successful enterprise penetration. This upmarket movement is particularly significant as these customers typically have higher retention rates and expansion potential.

Growth Sustainability: The improving net dollar retention rate of 112%, climbing to 116% for large customers, indicates strong product-market fit and effective land-and-expand strategy. The launch of monday service and AI initiatives positions the company for continued growth through product diversification.

Forward Outlook: The FY2025 guidance of $1.21 billion in revenue with 25% free cash flow margin shows confidence in maintaining profitable growth despite macroeconomic uncertainties. The focus on AI capabilities through Digital Workforce and AI Blocks represents a strategic investment in future growth vectors.

02/10/2025 - 07:00 AM

Fourth quarter revenue of $268.0 million grew 32% year over year

Achieved record non-GAAP operating income

Net dollar retention rate increased to 112%

monday service now available to all customers

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- monday.com (NASDAQ: MNDY), the multi-product platform that runs all core aspects of work, today reported financial results for its fourth quarter and fiscal year ended December 31, 2024.

Management Commentary:

“2024 was a remarkable year for monday.com, reflecting our rapid product innovation and focus on go-to-market execution, driving strong demand across customers of all sizes. We are proud to have further expanded our product suite with monday service, which is already seeing rapid adoption from both existing and new customers,” said monday.com co-founders and co-CEOs, Roy Mann and Eran Zinman. “As we look to 2025, we are excited to double-down on our AI efforts, with a focus on AI Blocks, Product Power-ups, and our new Digital Workforce of AI Agents. We believe AI can be a game-changer for our customers, giving them the ability to transform their workflows and scale faster than ever before.”

“Our 2024 results reflect our ongoing commitment to driving highly efficient growth through nearly any macroeconomic environment, with record GAAP and non-GAAP operating margins and free cash flow, and surpassing $1 billion in annual recurring revenue (ARR),” said Eliran Glazer, monday.com CFO. “We are entering 2025 from a position of strength, and we remain as confident as ever in the exciting growth opportunities we see ahead.”

Fourth Quarter Fiscal 2024 Financial Highlights:

Revenue was $268.0 million, an increase of 32% year-over-year.
GAAP operating income was $9.6 million compared to a loss of $1.1 million in the fourth quarter of 2023; GAAP operating margin was 4% compared to negative 1% in the fourth quarter of 2023.
Non-GAAP operating income was $40.3 million compared to $21.2 million in the fourth quarter of 2023; non-GAAP operating margin was 15%, compared to 10% in the fourth quarter of 2023.
GAAP basic and diluted net income per share was $0.45 and $0.43, respectively, compared to GAAP basic and diluted net income per share of $0.25 and $0.24, respectively, in the fourth quarter of 2023; non-GAAP basic and diluted net income per share was $1.13 and $1.08, respectively, compared to non-GAAP basic and diluted net income per share of $0.69 and $0.65, respectively, in the fourth quarter of 2023.
Net cash provided by operating activities was $76.7 million, with $72.7 million of free cash flow, compared to net cash provided by operating activities of $58.5 million and $55.4 million of free cash flow in the fourth quarter of 2023.

Fiscal Year 2024 Financial Highlights:

Revenue was $972.0 million, an increase of 33% year-over-year.
GAAP operating loss was $21.0 million compared to a loss of $38.6 million in fiscal 2023; GAAP operating margin was negative 2% compared to negative 5% in fiscal 2023.
Non-GAAP operating income was $132.4 million compared to $61.6 million in fiscal 2023; non-GAAP operating margin was 14%, compared to 8% in fiscal 2023.
GAAP basic and diluted net income per share was $0.65 and $0.62, respectively, compared to GAAP basic and diluted net loss per share of $0.04 in fiscal 2023; non-GAAP basic and diluted net income per share was $3.67 and $3.50, respectively, compared to non-GAAP basic and diluted net income per share of $1.96 and $1.85, respectively, in fiscal 2023.
Net cash provided by operating activities was $311.1 million, with $295.8 million of free cash flow, compared to net cash provided by operating activities of $215.4 million and $204.9 million of free cash flow in fiscal 2023.

Recent Business Highlights:

Net dollar retention rate was 112%.
Net dollar retention rate for customers with more than 10 users was 115%.
Net dollar retention rate for customers with more than $50,000 in ARR was 115%.
Net dollar retention rate for customers with more than $100,000 in ARR was 116%.
The number of paid customers with more than 10 users was 59,214, up 10% from 53,688 as of December 31, 2023.
The number of paid customers with more than $50,000 in ARR was 3,201, up 39% from 2,295 as of December 31, 2023.
The number of paid customers with more than $100,000 in ARR was 1,207, up 45% from 833 as of December 31, 2023.
monday service is now generally available to all customers, with strong early growth driven by cross-sell to existing customers and multi-product deals.
Announced the Digital Workforce, a team of AI Agents designed to work around the clock, handling tasks such as analyzing project risks, unlocking stuck sales deals, and identifying recurring customer service issues.

Financial Outlook:

For the first quarter of fiscal year 2025, monday.com currently expects:

Total revenue of $274 million to $276 million, representing year-over-year growth of 26% to 27%.
Non-GAAP operating income of $25 million to $27 million and operating margin of 9% to 10%.

For the full year 2025, monday.com currently expects:

Total revenue of $1,208 million to $1,221 million, representing year-over-year growth of 24% to 26%, and assumes a negative FX impact of 100 to 200 basis points.
Non-GAAP operating income of $134 million to $142 million and operating margin of 11% to 12%.
Free cash flow of $300 million to $308 million and free cash flow margin of approximately 25%.

Non-GAAP Financial Measures:

This press release and the accompanying tables contain the following non-GAAP financial measures: non-GAAP gross profit, non-GAAP gross margin, non-GAAP sales and marketing expenses, non-GAAP research and development expenses, non-GAAP general and administrative expenses, non-GAAP operating income, non-GAAP operating margin, non-GAAP net income, non-GAAP net income per share, free cash flow, and free cash flow margin. Certain of these non-GAAP financial measures exclude share-based compensation.

monday.com believes that these non-GAAP financial measures provide useful information to management and investors regarding certain financial and business trends relating to monday.com’s financial condition and results of operations. monday.com management uses these non-GAAP measures to compare monday.com performance to that of prior periods, for trend analysis and for budgeting and planning purposes. monday.com believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing monday.com financial results to the results of other software companies, many of which present similar non-GAAP financial measures to investors. The non-GAAP financial information is presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with GAAP and may be different from similarly titled non-GAAP measures used by other companies.

Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in monday.com financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgment by management about which expenses and income are excluded or included in determining these non-GAAP financial measures.

Reconciliation tables of the most directly comparable GAAP financial measures to the non-GAAP financial measures used in this press release are included with the financial tables at the end of this release. monday.com urges investors to review these reconciliation tables and not to rely on any single financial measure to evaluate the monday.com business. Management is not able to forecast GAAP operating income (loss) on a forward-looking basis without unreasonable efforts due to the high variability and difficulty in predicting share-based compensation expense, the amounts of which may be significant in future periods. Management is not able to forecast GAAP net cash provided by operating activities on a forward-looking basis without unreasonable efforts due to the high variability and difficulty in predicting property and equipment purchases and capitalized software costs, the amounts of which may be significant in future periods.

Definitions of Business Key Performance Indicators

Net Dollar Retention Rate

We calculate Net Dollar Retention Rate as of a period end by starting with the ARR from customers as of the 12 months prior to such period end (“Prior Period ARR”). We then calculate the ARR from these customers as of the current period end (“Current Period ARR”). The calculation of Current Period ARR includes any upsells, contraction and attrition. We then divide the total Current Period ARR by the total Prior Period ARR to arrive at the Net Dollar Retention Rate. For the trailing 12-month calculation, we take a weighted average of this calculation of our quarterly Net Dollar Retention Rate for the four quarters ending with the most recent quarter.

Annual Recurring Revenue (“ARR”)

Is defined to mean, as of the measurement date, the annualized value of our customer subscription plans assuming that any contract that expires during the next 12 months is renewed on its existing terms.

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook and market positioning. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “outlook,” “guidance,” “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “plan,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond monday.com control. monday.com’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to our limited operating history at our current scale; our ability to effectively manage the scope and complexity of our business following years of rapid growth and our ability to maintain profitability; foreign currency exchange rate fluctuations; the fact that we continue to derive a majority of revenues from a single platform; fluctuations in operating results; real or perceived errors, failures, vulnerabilities or bugs or interruptions or performance problems in the technology or infrastructure underlying our platform; risks related to artificial intelligence or machine learning in offerings; our ability to attract customers, grow our retention rates and expand usage within organizations, including cross selling and upselling; risks related to our subscription-based business model; our sales efforts may require considerable time and expense or may extend sales cycles, and downturns or upturns are not immediately reflected in full in results of operations; our ability to offer high-quality customer support and consistent sales strategies; our ability to enhance our reputation, brand, and market awareness of our products and maintenance of corporate culture; risks related to actions by governments to restrict access to our platform and products or to require us to disclose or provide access to information; risks related to international operations and compliance with laws and regulations applicable to our global operations; difficulties in integration of partnerships, acquisitions and alliances; risks associated with environmental and social responsibility and climate change; our dependence on key employees and ability to attract and retain highly skilled employees; our ability to raise additional capital or generate cash flows necessary to grow our business; uncertain global economic conditions and inflation; changes and competition in the market and software categories in which we participate; our ability to maintain adequate research and development resources and introduce new products, features, integrations, capabilities, and enhancements; the ability of our platform to interoperate with a variety of software applications; our reliance on third-party application stores to distribute our mobile application; our successful strategic relationships with, and our dependence on third parties; our reliance on traditional web search engines to direct traffic to our website; interruption or delays in service from third parties or our inability to plan and manage interruptions; risks related to security disruptions, unauthorized system access; evolving privacy protection and data security laws, regulations, industry standards, policies, contractual obligations, and cross-border data transfer or localization restrictions; new legislation and regulatory obligations regulating AI; changes in tax law and regulations or if we were to be classified as a passive foreign investment company; our ability to maintain, protect or enforce our intellectual property rights or risks related to claims that we infringe the intellectual property rights of others; risks related to our use of open-source software; risks related to our founder shares that provide certain veto rights; risks related to our status as a foreign private issuer incorporated and located in Israel, including risks related to the ongoing war between Israel and Hamas and escalations thereof; our expectation not to pay dividends for the foreseeable future; the novelty of our Digital Lift Initiative; risks related to legal and regulatory matters; and other factors described in “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2023, filed with the SEC on March 14, 2024. Further information on potential risks that could affect actual results will be included in the subsequent filings that monday.com makes with the Securities and Exchange Commission from time to time.

Past performance is not necessarily indicative of future results. The forward-looking statements included in this press release represent monday.com’s views as of the date of this press release. monday.com anticipates that subsequent events and developments will cause its views to change. monday.com undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. These forward-looking statements should not be relied upon as representing monday.com’s views as of any date subsequent to the date of this press release.

Earnings Webcast:

monday.com will hold a public webcast at 8:30 a.m. ET today to discuss the results for its fourth quarter and fiscal year 2024 and financial outlook. The live call may also be accessed via telephone at +1 (646) 968-2525 or +1 (888) 596-4144 (toll-free). Please reference conference ID: 3954851. An archived webcast can be accessed from the News & Events section of monday.com’s Investor Relations website following the call.

Investor Presentation Details:

An investor presentation providing additional information can be found at http://ir.monday.com.

About monday.com:

The monday.com Work OS is a low-code/no-code platform that democratizes the power of software so organizations can easily build work management tools and software applications to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work while creating an environment of transparency in business. monday.com has offices in Tel Aviv, New York, Denver, London, Warsaw, Sydney, Melbourne, São Paulo, and Tokyo. Fully customizable to suit any business vertical, the platform is currently used by approximately 245,000 customers across more than 200 industries and in over 200 countries and territories.

Visit us on our LinkedIn, X (formerly Twitter), Instagram, YouTube, TikTok, and Facebook. For more information about monday.com please visit our Press Room.

MONDAY.COM LTD
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(U.S. dollars in thousands, except share and per share data)

	Three months ended December 31,				Year ended December 31,
	2024		2023		2024		2023
	(unaudited)				(unaudited)		(audited)
Revenue	$	267,976	$	202,570	$	971,995	$	729,695
Cost of revenue		30,502		22,408		103,691		80,645
Gross profit		237,474		180,162		868,304		649,050
Operating expenses:
Research and development		62,332		41,898		213,709		156,500
Sales and marketing		133,643		114,919		533,539		438,402
General and administrative		31,903		24,490		142,090		92,733
Total operating expenses		227,878		181,307		889,338		687,635
Operating income (loss)		9,596		(1,145)		(21,034)		(38,585)
Financial income, net		12,869		12,861		55,500		41,911
Income before income taxes		22,465		11,716		34,466		3,326
Income tax (expense) benefit		540		621		(2,094)		(5,203)
Net income (loss)	$	23,005	$	12,337	$	32,372	$	(1,877)
Net income (loss) per share, basic	$	0.45	$	0.25	$	0.65	$	(0.04)
Net income (loss) per share, diluted	$	0.43	$	0.24	$	0.62	$	(0.04)
Weighted-average ordinary shares used in calculating net income (loss) per ordinary share, basic		50,604,151		48,796,294		49,908,423		48,366,378
Weighted-average ordinary shares used in calculating net income (loss) per ordinary share, diluted		52,942,616		51,607,542		52,420,826		48,366,378

MONDAY.COM LTD
CONDENSED CONSOLIDATED BALANCE SHEETS
(U.S. dollars in thousands)

	December 31,		December 31,
	2024		2023
ASSETS	(unaudited)		(audited)
CURRENT ASSETS:
Cash and cash equivalents	$	1,411,602	$	1,116,128
Marketable securities		50,004		—
Accounts receivable, net		25,804		17,911
Prepaid expenses and other current assets		44,836		39,103
Total current assets		1,532,246		1,173,142
LONG-TERM ASSETS:
Property and equipment, net		41,576		37,418
Operating lease right-of-use assets		94,703		62,280
Other long-term assets		16,983		2,816
Total long-term assets		153,262		102,514
Total assets	$	1,685,508	$	1,275,656
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable	$	35,611	$	24,837
Accrued expenses and other current liabilities		171,040		106,691
Deferred revenue, current		339,951		266,284
Operating lease liabilities, current		29,013		18,201
Total current liabilities		575,615		416,013
LONG-TERM LIABILITIES
Operating lease liabilities, non-current		77,023		42,946
Deferred revenue, non-current		2,639		3,189
Total long-term liabilities		79,662		46,135
Total liabilities		655,277		462,148
SHAREHOLDERS' EQUITY:
Other comprehensive income		3,189		9,804
Share capital and additional paid-in capital		1,579,074		1,388,108
Accumulated deficit		(552,032)		(584,404)
Total shareholders’ equity		1,030,231		813,508
Total liabilities and shareholders’ equity	$	1,685,508	$	1,275,656

MONDAY.COM LTD
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(U.S. dollars in thousands)

	Three months ended December 31,				Year ended December 31,
	2024		2023		2024		2023
	(unaudited)				(unaudited)		(audited)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	23,005	$	12,337	$	32,372	$	(1,877)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization		3,216		2,556		11,858		9,023
Loss from sale of property and equipment		560		—		576		—
Share-based compensation		30,669		22,345		129,209		100,186
Charitable share contribution to foundation		—		—		17,908		—
Amortization of discount and accretion of interest on marketable securities		420		—		(227)		—
Changes in operating assets and liabilities:
Accounts receivable, net		(5,174)		(4,105)		(7,893)		(4,685)
Prepaid expenses and other assets		8,427		1,515		16,280		11,840
Accounts payable		793		8,647		10,406		17,397
Accrued expenses and other liabilities, net		4,745		7,223		27,459		14,588
Deferred revenue		10,050		7,990		73,117		68,932
Net cash provided by operating activities		76,711		58,508		311,065		215,404
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment		(3,447)		(2,438)		(13,211)		(7,901)
Purchase of marketable securities		—		—		(49,570)		—
Investment in affiliated company		(6,000)		—		(6,000)		—
Capitalized software development costs		(561)		(629)		(2,024)		(2,558)
Net cash used in investing activities		(10,008)		(3,067)		(70,805)		(10,459)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of share options and employee share purchase plan		8,668		6,539		43,341		21,243
Receipt (repayment) of tax advance relating to exercises of share options and RSUs, net		(924)		(122)		11,873		4,046
Net cash provided by financing activities		7,744		6,417		55,214		25,289
INCREASE IN CASH, AND CASH EQUIVALENTS		74,447		61,858		295,474		230,234
CASH AND CASH EQUIVALENTS - Beginning of period		1,337,155		1,054,270		1,116,128		885,894
CASH AND CASH EQUIVALENTS - End of period	$	1,411,602	$	1,116,128	$	1,411,602	$	1,116,128

MONDAY.COM LTD
Reconciliation of GAAP to Non-GAAP Financial Information
(U.S. dollars in thousands)

	Three months ended December 31,				Year ended December 31,
	2024		2023		2024		2023
	(unaudited)				(unaudited)
Reconciliation of gross profit and gross margin
GAAP gross profit	$	237,474	$	180,162	$	868,304	$	649,050
Share-based compensation		1,606		1,602		6,603		6,307
Non-GAAP gross profit	$	239,080	$	181,764	$	874,907	$	655,357

GAAP gross margin		89%		89%		89%		89%
Non-GAAP gross margin		89%		90%		90%		90%

Reconciliation of operating expenses
GAAP research and development	$	62,332	$	41,898	$	213,709	$	156,500
Share-based compensation		(14,266)		(8,613)		(50,995)		(38,737)
Non-GAAP research and development	$	48,066	$	33,285	$	162,714	$	117,763

GAAP sales and marketing	$	133,643	$	114,919	$	533,539	$	438,402
Share-based compensation		(5,852)		(4,899)		(33,865)		(25,395)
Non-GAAP sales and marketing	$	127,791	$	110,020	$	499,674	$	413,007

GAAP general and administrative	$	31,903	$	24,490	$	142,090	$	92,733
Share-based compensation		(8,945)		(7,231)		(37,746)		(29,747)
Charitable contribution to foundation⁽¹⁾		—		—		(24,208)		—
Non-GAAP general and administrative	$	22,958	$	17,259	$	80,136	$	62,986

Reconciliation of operating income (loss)
GAAP operating income (loss)	$	9,596	$	(1,145)	$	(21,034)	$	(38,585)
Share-based compensation		30,669		22,345		129,209		100,186
Charitable contribution to foundation⁽¹⁾		—		—		24,208		—
Non-GAAP operating income	$	40,265	$	21,200	$	132,383	$	61,601

GAAP operating margin		4%		(1%)		(2%)		(5%)
Non-GAAP operating margin		15%		10%		14%		8%

MONDAY.COM LTD
Reconciliation of GAAP to Non-GAAP Financial Information (Cont.)
(U.S. dollars in thousands, except share and per share data)

	Three months ended December 31,				Year ended December 31,
	2024		2023		2024		2023
	(unaudited)				(unaudited)
Reconciliation of net income (loss)
GAAP net income (loss)	$	23,005	$	12,337	$	32,372	$	(1,877)
Share-based compensation		30,669		22,345		129,209		100,186
Charitable contribution to foundation⁽¹⁾		—		—		24,208		—
Tax expense (benefit) related to share-based compensation⁽²⁾		3,626		(972)		(2,486)		(3,392)
Non-GAAP net income	$	57,300	$	33,710	$	183,303	$	94,917

Reconciliation of weighted average number of shares outstanding
Weighted-average ordinary shares used in calculating GAAP and Non-GAAP net income (loss) per ordinary share, basic		50,604,151		48,796,294		49,908,423		48,366,378
Effect of dilutive shares ⁽³⁾		2,338,465		2,811,248		2,512,403		2,869,112
Weighted-average ordinary shares used in calculating GAAP and Non-GAAP net income (loss) per ordinary share, diluted		52,942,616		51,607,542		52,420,826		51,235,490


GAAP net income (loss) per share, basic	$	0.45	$	0.25	$	0.65	$	(0.04)
GAAP net income (loss) per share, diluted	$	0.43	$	0.24	$	0.62	$	(0.04)
Non-GAAP net income per share, basic	$	1.13	$	0.69	$	3.67	$	1.96
Non-GAAP net income per share, diluted	$	1.08	$	0.65	$	3.50	$	1.85

(1)		Includes (i) an equity grant of $17.9 million, which represents the fair market value of 68,000 of our shares that we contributed to the monday.com foundation, and (ii) a one-time cash contribution of $6.3 million from us to the monday.com foundation, calculated based on 1% of the gross proceeds from our initial public offering.
(2)		The tax expense (benefit) related to share-based compensation was excluded in calculating non-GAAP net income and non-GAAP net income per basic and diluted share. The Company believes that excluding the tax expense (benefit) enables investors to see the full effect that excluding share-based compensation expenses had on the operating results.
(3)		The effect of these dilutive shares was not included in the GAAP calculation of diluted net loss per share for the year ended December 31, 2023 because the effect would have been anti-dilutive.

MONDAY.COM LTD
Reconciliation of net cash provided by operating activities to free cash flow
(U.S. dollars in thousands)

	Three months ended December 31,				Year ended December 31,
	2024		2023		2024		2023
	(unaudited)				(unaudited)

Net cash provided by operating activities	$	76,711	$	58,508	$	311,065	$	215,404
Purchase of property and equipment		(3,447)		(2,438)		(13,211)		(7,901)
Capitalized software development costs		(561)		(629)		(2,024)		(2,558)
Free cash flow	$	72,703	$	55,441	$	295,830	$	204,945
Free cash flow margin		27%		27%		30%		28%

View source version on businesswire.com: https://www.businesswire.com/news/home/20250210491242/en/

Investor Relations:

Byron Stephen

byron@monday.com

Media Relations:

Julie Case

julieca@monday.com

Source: monday.com

FAQ

What was monday.com's (MNDY) Q4 2024 revenue growth?

monday.com's Q4 2024 revenue grew 32% year-over-year to $268.0 million.

What is monday.com's (MNDY) revenue guidance for 2025?

monday.com expects 2025 revenue between $1,208-1,221 million, representing 24-26% year-over-year growth.

How many customers does MNDY have with over $100,000 in ARR?

As of December 31, 2024, monday.com had 1,207 customers with over $100,000 in ARR, up 45% from 833 the previous year.

What was monday.com's (MNDY) net dollar retention rate in Q4 2024?

monday.com's net dollar retention rate was 112% in Q4 2024.

What new products did MNDY launch in Q4 2024?

monday.com made monday service generally available to all customers and announced Digital Workforce, a team of AI Agents for task automation.

monday.com Announces Fourth Quarter and Fiscal Year 2024 Results

Insights

FAQ

What was monday.com's (MNDY) Q4 2024 revenue growth?

What is monday.com's (MNDY) revenue guidance for 2025?

How many customers does MNDY have with over $100,000 in ARR?

What was monday.com's (MNDY) net dollar retention rate in Q4 2024?

What new products did MNDY launch in Q4 2024?

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monday.com Announces Fourth Quarter and Fiscal Year 2024 Results

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Financial Analyst positive

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What was monday.com's (MNDY) Q4 2024 revenue growth?

What is monday.com's (MNDY) revenue guidance for 2025?

How many customers does MNDY have with over $100,000 in ARR?

What was monday.com's (MNDY) net dollar retention rate in Q4 2024?

What new products did MNDY launch in Q4 2024?

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