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

Monday.Com (MNDY) has reported Cost of Revenue for 7 consecutive years, with $38.1 million the latest figure, recorded in Q1 2026.

• Quarterly Cost of Revenue rose 32.35% year-over-year to $38.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $142.4 million (up 30.61% YoY) and the FY2025 annual result came in at $133.1 million, up 28.36% from the prior year.
• Cost of Revenue advanced to $38.1 million in Q1 2026 per MNDY's latest filing, from $37.3 million in the prior quarter.
• Over the last five years, Cost of Revenue for MNDY reached as high as $38.1 million in Q1 2026 and fell as low as $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.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 84.36% — and 2023, when it increased 16.46%.
• Year by year, Cost of Revenue stood at $17.4 million in 2022, then gained by 29.09% to $22.4 million in 2023, then soared by 36.12% to $30.5 million in 2024, then gained by 22.4% to $37.3 million in 2025, then gained by 2.12% to $38.1 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $38.1 million, $37.3 million, and $35.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.