monday.com Ltd. Announces Second Quarter 2026 Results

monday.com Ltd. reported its second quarter 2026 financial results, with revenue reaching $364.6 million, a 22% increase year-over-year. The company highlighted significant growth in its AI products, with Annual Recurring Revenue (ARR) from these products doubling from the previous quarter, now representing 17% of net new ARR. Key performance indicators showed strong customer acquisition, with record net adds for customers exceeding $100,000 and $500,000 in ARR. The company also achieved record non-GAAP operating income. Despite a challenging global economic environment, monday.com is focusing on its AI Work Platform strategy, which has led to a company restructuring to sharpen its product portfolio and improve efficiency. Financial outlook for the full year 2026 anticipates revenue growth of 19% to 20%.