Equity Profile

MNDY

monday.com Ltd.

Information TechnologySystems Software$3.7B

Aug10Mon

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

monday.com Ltd. is a software company that provides a work operating system designed to help teams manage their projects and workflows effectively....

Key Metrics to Watch

User Growth

User growth is crucial as it indicates the company's ability to attract and retain customers in a competitive market.

N/A

Average Revenue Per User (ARPU)

ARPU helps assess how effectively the company is monetizing its user base, which is vital for revenue growth.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

MNDY Q2-2026 Earnings Preview

Context

Company Snapshot

monday.com Ltd. is a software company that provides a work operating system designed to help teams manage their projects and workflows effectively. As part of the Information Technology sector, it plays a significant role in the growing trend towards digital collaboration and remote work solutions.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+2064.48%

Avg Stock Reaction

-3.72%

Last Quarter Recap

In Q1 2026, monday.com reported an impressive earnings surprise with an EPS of $1.15, significantly exceeding expectations. The stock reacted positively, gaining 6.72% the following day.

Management Promises & Guidance

Focus on expanding user base and enhancing product features.
Commitment to maintaining high customer satisfaction levels.
Plans to explore new market opportunities and partnerships.

Expectations

Wall Street Expectations

Overall, expectations are mixed as the company has consistently beaten earnings estimates in the past. However, investors are cautious about potential revenue growth amid increasing competition.

Bull Case

The optimistic view hinges on continued strong user growth and higher ARPU, which could lead to robust revenue increases and sustained market leadership.

Bear Case

On the downside, if user growth slows or if competition intensifies, it could negatively impact revenue and investor sentiment.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the current user growth rate and how does it compare to previous quarters?

User growth is a key indicator of the company's market position and future revenue potential, making it a focal point for investors.

What are the latest metrics on Average Revenue Per User (ARPU)?

ARPU is crucial for understanding how well the company is monetizing its user base, impacting overall profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for user growth due to recent product enhancements that could attract new customers.

Supporting Evidence

The company has consistently beaten EPS estimates, indicating strong operational performance.

Options pricing suggests a significant move, implying that traders expect volatility, which could be driven by positive surprises.

Recent trends in remote work solutions indicate a growing demand for collaboration tools, which could benefit monday.com.

Key Risk

If user growth comes in below 10%, it could challenge the bullish sentiment and lead to a reevaluation of the company's growth trajectory.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on user growth and monetization strategies, which are critical for sustaining investor confidence.

Bull Confirmed If

User growth exceeding 15% quarter-over-quarter would confirm the bull case.

Bear Confirmed If

A decline in user growth or ARPU below previous levels would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±13.35%

Historical Avg

±15.8%

Pricing cheap

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±13.3% while MNDY has averaged ±15.8% over the last 8 prints — setup is pricing cheap.

Detail

ATM IV

0.8%

30d HV

72.3%

Calls (69K)P/C Ratio: 0.32Puts (18K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If monday.com beats expectations, history suggests the stock could see an average one-day move of +6.72%, confirming strong market confidence.

In-Line / Cautious

If results are in line but management expresses caution, the stock may experience a muted reaction as investors reassess future growth prospects.

Miss

If the company misses expectations, history indicates a potential decline of around -29.80%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on user growth metrics and any changes in customer acquisition strategies.
2Insights into ARPU trends and how they are expected to evolve.
3Management's commentary on competitive pressures and market positioning.
4Any new product features or enhancements that could drive user engagement.
5Future guidance on revenue expectations and strategic initiatives.

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Company Snapshot

monday.com Ltd. is a software company that provides a work operating system designed to help teams manage their projects and workflows effectively....

Key Metrics to Watch

User Growth

User growth is crucial as it indicates the company's ability to attract and retain customers in a competitive market.

N/A

Average Revenue Per User (ARPU)

ARPU helps assess how effectively the company is monetizing its user base, which is vital for revenue growth.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

MNDY Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+2064.48%

Avg Stock Reaction

-3.72%

Last Quarter Recap

In Q1 2026, monday.com reported an impressive earnings surprise with an EPS of $1.15, significantly exceeding expectations. The stock reacted positively, gaining 6.72% the following day.

Management Promises & Guidance

Focus on expanding user base and enhancing product features.
Commitment to maintaining high customer satisfaction levels.
Plans to explore new market opportunities and partnerships.

Expectations

Wall Street Expectations

Overall, expectations are mixed as the company has consistently beaten earnings estimates in the past. However, investors are cautious about potential revenue growth amid increasing competition.

Bull Case

The optimistic view hinges on continued strong user growth and higher ARPU, which could lead to robust revenue increases and sustained market leadership.

Bear Case

On the downside, if user growth slows or if competition intensifies, it could negatively impact revenue and investor sentiment.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the current user growth rate and how does it compare to previous quarters?

User growth is a key indicator of the company's market position and future revenue potential, making it a focal point for investors.

What are the latest metrics on Average Revenue Per User (ARPU)?

ARPU is crucial for understanding how well the company is monetizing its user base, impacting overall profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for user growth due to recent product enhancements that could attract new customers.

Supporting Evidence

The company has consistently beaten EPS estimates, indicating strong operational performance.

Options pricing suggests a significant move, implying that traders expect volatility, which could be driven by positive surprises.

Recent trends in remote work solutions indicate a growing demand for collaboration tools, which could benefit monday.com.

Key Risk

If user growth comes in below 10%, it could challenge the bullish sentiment and lead to a reevaluation of the company's growth trajectory.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on user growth and monetization strategies, which are critical for sustaining investor confidence.

Bull Confirmed If

User growth exceeding 15% quarter-over-quarter would confirm the bull case.

Bear Confirmed If

A decline in user growth or ARPU below previous levels would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±13.35%

Historical Avg

±15.8%

Pricing cheap

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±13.3% while MNDY has averaged ±15.8% over the last 8 prints — setup is pricing cheap.

Detail

ATM IV

0.8%

30d HV

72.3%

Calls (69K)P/C Ratio: 0.32Puts (18K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If monday.com beats expectations, history suggests the stock could see an average one-day move of +6.72%, confirming strong market confidence.

In-Line / Cautious

If results are in line but management expresses caution, the stock may experience a muted reaction as investors reassess future growth prospects.

Miss

If the company misses expectations, history indicates a potential decline of around -29.80%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on user growth metrics and any changes in customer acquisition strategies.
2Insights into ARPU trends and how they are expected to evolve.
3Management's commentary on competitive pressures and market positioning.
4Any new product features or enhancements that could drive user engagement.
5Future guidance on revenue expectations and strategic initiatives.