KPIs & Operating Metrics(New)
Growth Metrics

Monday.Com (MNDY) Operating Expenses (2020 - 2026)

Monday.Com (MNDY) reported Operating Expenses of $293.4 million for Q1 2026, up 20.41% year-over-year from $243.6 million in Q1 2025, and little changed on a QoQ basis from $294.2 million in Q4 2025.

Monday.Com (MNDY) has 7 years of Operating Expenses data on file, last reported at $293.4 million in Q1 2026.

  • Quarterly Operating Expenses rose 20.41% year-over-year to $293.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 23.1% YoY) and the FY2025 annual result came in at $1.1 billion, up 23.76% from the prior year.
  • Operating Expenses held at $293.4 million in Q1 2026 per MNDY's latest filing, from $294.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $294.2 million in Q4 2025 and bottomed at $142.7 million in Q4 2022.
  • The 5-year median for Operating Expenses is $198.5 million (2024), against an average of $210.3 million.
  • The widest annual swing landed in 2022, when Operating Expenses jumped 81.54%; it then grew 4.1% in 2023.
  • Tracing MNDY's Operating Expenses over 5 years: stood at $142.7 million in 2022, then gained by 27.09% to $181.3 million in 2023, then grew by 25.69% to $227.9 million in 2024, then advanced by 29.09% to $294.2 million in 2025, then retreated by 0.26% to $293.4 million in 2026.
  • Per Business Quant, the three latest MNDY Operating Expenses figures stand at $293.4 million (Q1 2026), $294.2 million (Q4 2025), and $283.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -7.98 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 6.82 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 11.28 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.16 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 2.33 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 1.04 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 3.32 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 4.23 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 4.54 Bn
10 Monday.Com 45,851.90 -1.50 Bn 313.14 Mn 293.39 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 293.39 Mn
Dec 31, 2025 294.16 Mn
Sep 30, 2025 283.45 Mn
Jun 30, 2025 279.39 Mn
Mar 31, 2025 243.65 Mn
Dec 31, 2024 227.88 Mn
Sep 30, 2024 252.43 Mn
Jun 30, 2024 210.55 Mn
Mar 31, 2024 198.48 Mn
Dec 31, 2023 181.31 Mn
Sep 30, 2023 170.00 Mn
Jun 30, 2023 168.33 Mn
Mar 31, 2023 167.99 Mn
Dec 31, 2022 142.66 Mn
Sep 30, 2022 147.30 Mn
Jun 30, 2022 153.17 Mn
Mar 31, 2022 161.38 Mn
Dec 31, 2021 115.38 Mn
Sep 30, 2021 102.02 Mn
Jun 30, 2021 88.98 Mn
Mar 31, 2021 88.90 Mn
Dec 31, 2020 105.16 Mn
Sep 30, 2020 76.91 Mn
Jun 30, 2020 59.77 Mn