Monday.Com (MNDY) Cost of Revenue (2020 - 2026)

Monday.Com (MNDY) has 7 years of Cost of Revenue data on file, last reported at $38.1 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $38.1 million, up 32.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $142.4 million (up 30.61% YoY), and the FY2025 annual result was $630.9 million, up 18.24% from the prior year.
• Cost of Revenue grew to $38.1 million in Q1 2026 per MNDY's latest filing, from $37.3 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $38.1 million in Q1 2026 and troughed at $14.6 million in Q1 2022.
• A 5-year average of $24.8 million and a median of $23.5 million in 2024 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 84.36% in 2022, then climbed 16.46% in 2023.
• A 5-year view of Cost of Revenue shows it stood at $17.4 million in 2022, then climbed by 29.09% to $22.4 million in 2023, then surged by 36.12% to $30.5 million in 2024, then climbed by 22.4% to $37.3 million in 2025, then climbed by 2.12% to $38.1 million in 2026.
• Business Quant data shows MNDY's Cost of Revenue at $38.1 million in Q1 2026, $37.3 million in Q4 2025, and $35.8 million in Q3 2025.