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

Monday.Com (MNDY) has reported Cost of Revenue for 7 consecutive years, with $42.7 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 36.85% year-over-year to $42.7 million in Q2 2026; TTM through Jun 2026 was $153.9 million, a 32.16% increase from a year earlier, with the FY2025 full-year figure at $133.1 million, up 28.36% from the prior year.
• Cost of Revenue was $42.7 million for Q2 2026 at Monday.Com, up from $38.1 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $42.7 million in Q2 2026 and troughed at $14.6 million in Q1 2022.
• A 5-year average of $25.8 million and a median of $23.6 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue jumped 84.36% in 2022 and advanced 16.46% in 2023, its largest moves.
• Over 5 years, Cost of Revenue stood at $17.4 million in 2022, then advanced by 29.09% to $22.4 million in 2023, then jumped by 36.12% to $30.5 million in 2024, then advanced by 22.4% to $37.3 million in 2025, then increased by 14.27% to $42.7 million in 2026.
• The last three Cost of Revenue figures came in at $42.7 million (Q2 2026), $38.1 million (Q1 2026), and $37.3 million (Q4 2025), per Business Quant data.