Monday.Com (MNDY) Gross Margin (2020 - 2026)
Monday.Com (MNDY) reported Gross Margin of 89.15% for Q1 2026, down 65.0% year-over-year from 254.7% in Q1 2025, and little changed on a QoQ basis from 88.82% in Q4 2025.
Monday.Com (MNDY) has 7 years of Gross Margin data on file, last reported at 89.15% in Q1 2026.
- Quarterly Gross Margin fell 65.0% year-over-year to 89.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 89.05% (down 43.0% YoY) and the FY2025 annual result came in at 89.2%, down 14.0% from the prior year.
- Gross Margin held at 89.15% in Q1 2026 per MNDY's latest filing, from 88.82% in the prior quarter.
- Across five years, Gross Margin topped out at 89.94% in Q2 2024 and bottomed at 86.48% in Q2 2022.
- The 5-year median for Gross Margin is 88.89% (2023), against an average of 88.69%.
- The widest annual swing landed in 2023, when Gross Margin surged 298 bps; it then tumbled 95 bps in 2025.
- Tracing MNDY's Gross Margin over 5 years: stood at 88.42% in 2022, then climbed by 1 bps to 88.94% in 2023, then declined by 0 bps to 88.62% in 2024, then gained by 0 bps to 88.82% in 2025, then climbed by 0 bps to 89.15% in 2026.
- Per Business Quant, the three latest MNDY Gross Margin figures stand at 89.15% (Q1 2026), 88.82% (Q4 2025), and 88.71% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Monday.Com | 45,851.90 | -1.50 Bn | 313.14 Mn | 89.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 89.15% |
| Dec 31, 2025 | 88.82% |
| Sep 30, 2025 | 88.71% |
| Jun 30, 2025 | 89.57% |
| Mar 31, 2025 | 89.79% |
| Dec 31, 2024 | 88.62% |
| Sep 30, 2024 | 89.65% |
| Jun 30, 2024 | 89.94% |
| Mar 31, 2024 | 89.19% |
| Dec 31, 2023 | 88.94% |
| Sep 30, 2023 | 88.53% |
| Jun 30, 2023 | 88.89% |
| Mar 31, 2023 | 89.51% |
| Dec 31, 2022 | 88.42% |
| Sep 30, 2022 | 86.98% |
| Jun 30, 2022 | 86.48% |
| Mar 31, 2022 | 86.54% |
| Dec 31, 2021 | 87.68% |
| Sep 30, 2021 | 87.70% |
| Jun 30, 2021 | 87.10% |
| Mar 31, 2021 | 86.56% |
| Dec 31, 2020 | 86.68% |
| Sep 30, 2020 | 85.13% |
| Jun 30, 2020 | 86.61% |