NASDAQ$MNDY

Monday.com · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Headline financials

Total Revenue

$176M

Previous: $124M+42.0%
EPS (adj)

$0.41

Previous: -$0.33+224.2%
Customers 10+ Users

49.9K

No prior period
Customers >$50K ARR

1.9K

No prior period
Customers >$100K ARR

677

No prior period
Capital Expenditures

$4.68M

No prior period
Free Cash Flow

$85.6M

No prior period
Net Income

$7.49M

No prior period
Operating Income

-$2.52M

No prior period
Gross Profit

$167M

No prior period
Cash & Equivalents

$989M

No prior period
Stock-Based Comp

$51.2M

No prior period

Revenue & EPS history

Monday.com · Revenue · Quarterly

$176M

Q2 2023+42%vs Q2 2022
Beat estimate in 10 of 13 quarters(77%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+3.8%

Avg return

Earnings day

+4.2%

Avg return

5 days after

+3.8%

Avg return

30 days after

60%

12 / 20 earnings

Positive

+45.3%

Q2 2021

Best reaction

-29.8%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.7%-0.2%+13.2%
Q4 2025-20.8%-26.1%-22.4%
Q3 2025-12.5%-15.3%-15.9%
Q2 2025-29.8%-29.1%-24.5%
Q1 2025+0.3%+5.4%+8.2%
Q4 2024+26.5%+23.3%-3.2%
Q3 2024-19.6%-18.9%-14.3%
Q1 2024+25.6%+26.1%+24.6%
Q4 2023-8.8%-4.5%-7.0%
Q3 2023+16.8%+21.1%+29.5%
Q2 2023+4.7%+3.4%+6.1%
Q1 2023+14.3%+14.2%+39.5%
Q4 2022+25.0%+16.7%+4.8%
Q3 2022+13.3%+1.7%+28.7%
Q2 2022+9.3%+7.3%-7.9%
Q1 2022-4.1%+3.5%-5.7%
Q4 2020+20.1%+38.5%+10.0%
Q4 2021-17.5%-10.5%-15.2%
Q3 2021-18.1%-17.0%-30.8%
Q2 2021+45.3%+43.7%+57.3%
Q1 2021
Q3 2020
Q2 2020
Q1 2020

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