Monday.Com (MNDY) Operating Expenses (2020 - 2026)
Monday.Com's (MNDY) quarterly Operating Expenses came in at $323.5 million in Q2 2026, up 15.79% year-over-year from $279.4 million in Q2 2025, and up 10.27% quarter-over-quarter from $293.4 million in Q1 2026.
Analysis
Monday.Com (MNDY) Operating Expenses (2020 - 2026) Analysis & Trends
Monday.Com (MNDY) has reported Operating Expenses for 7 consecutive years, with $323.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 15.79% year-over-year to $323.5 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 19.05% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 23.76% from the prior year.
- Operating Expenses was $323.5 million for Q2 2026 at Monday.Com, up from $293.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $323.5 million in Q2 2026 and troughed at $142.7 million in Q4 2022.
- A 5-year average of $216.6 million and a median of $204.5 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 81.54% in 2022 and increased 4.1% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $142.7 million in 2022, then advanced by 27.09% to $181.3 million in 2023, then increased by 25.69% to $227.9 million in 2024, then climbed by 29.09% to $294.2 million in 2025, then gained by 9.98% to $323.5 million in 2026.
- The last three Operating Expenses figures came in at $323.5 million (Q2 2026), $293.4 million (Q1 2026), and $294.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 660.95 Bn | 645.44 Bn | 5.90 Bn | - |
| 2 | Hsbc Holdings | 367.89 Bn | 367.94 Bn | - | - |
| 3 | General Electric | 349.68 Bn | 340.56 Bn | 6.95 Bn | 10.86 Bn |
| 4 | Astrazeneca | 252.14 Bn | 246.93 Bn | 12.86 Bn | -9.70 Bn |
| 5 | Citigroup | 231.03 Bn | -2,068.84 Bn | 24.75 Bn | 14.22 Bn |
| 6 | Bhp | 229.70 Bn | 211.16 Bn | - | - |
| 7 | Diageo | 216.99 Bn | 217.04 Bn | - | - |
| 8 | Rio Tinto | 206.31 Bn | 201.93 Bn | - | - |
| 9 | Ferrari | 152.22 Bn | 150.47 Bn | 1.18 Bn | 471.42 Mn |
| 10 | Monday.Com | 4.66 Bn | 3.59 Bn | 321.96 Mn | 323.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 323.50 Mn |
| 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 |