Monday.Com (MNDY) Research & Development (2020 - 2026)
Monday.Com's (MNDY) quarterly Research & Development came in at $99.3 million in Q2 2026, up 14.09% year-over-year from $87.0 million in Q2 2025, and up 7.92% quarter-over-quarter from $92.0 million in Q1 2026.
Analysis
Monday.Com (MNDY) Research & Development (2020 - 2026) Analysis & Trends
Monday.Com (MNDY) has reported Research & Development for 7 consecutive years, with $99.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 14.09% year-over-year to $99.3 million in Q2 2026; TTM through Jun 2026 was $355.7 million, a 29.22% increase from a year earlier, with the FY2025 full-year figure at $320.8 million, up 50.11% from the prior year.
- Research & Development was $99.3 million for Q2 2026 at Monday.Com, up from $92.0 million in the prior quarter.
- Over five years, Research & Development peaked at $99.3 million in Q2 2026 and troughed at $26.5 million in Q1 2022.
- A 5-year average of $56.1 million and a median of $47.4 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 108.73% in 2022 and grew 13.09% in 2023, its largest moves.
- Over 5 years, Research & Development stood at $32.6 million in 2022, then climbed by 28.68% to $41.9 million in 2023, then surged by 48.77% to $62.3 million in 2024, then jumped by 36.24% to $84.9 million in 2025, then advanced by 16.94% to $99.3 million in 2026.
- The last three Research & Development figures came in at $99.3 million (Q2 2026), $92.0 million (Q1 2026), and $84.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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 | 460.00 Mn |
| 4 | Astrazeneca | 252.14 Bn | 246.93 Bn | 12.86 Bn | -4.05 Bn |
| 5 | Citigroup | 231.03 Bn | -2,068.84 Bn | 24.75 Bn | 2.27 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 | 252.82 Mn |
| 10 | Monday.Com | 4.66 Bn | 3.59 Bn | 321.96 Mn | 99.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.31 Mn |
| Mar 31, 2026 | 92.02 Mn |
| Dec 31, 2025 | 84.92 Mn |
| Sep 30, 2025 | 79.45 Mn |
| Jun 30, 2025 | 87.04 Mn |
| Mar 31, 2025 | 69.39 Mn |
| Dec 31, 2024 | 62.33 Mn |
| Sep 30, 2024 | 56.51 Mn |
| Jun 30, 2024 | 50.45 Mn |
| Mar 31, 2024 | 44.42 Mn |
| Dec 31, 2023 | 41.90 Mn |
| Sep 30, 2023 | 38.43 Mn |
| Jun 30, 2023 | 39.11 Mn |
| Mar 31, 2023 | 37.06 Mn |
| Dec 31, 2022 | 32.56 Mn |
| Sep 30, 2022 | 33.98 Mn |
| Jun 30, 2022 | 33.96 Mn |
| Mar 31, 2022 | 26.54 Mn |
| Dec 31, 2021 | 21.96 Mn |
| Sep 30, 2021 | 19.88 Mn |