Monday.com Reports Strong Q4 2024 Earnings Exceeding Estimates

Monday.com achieves remarkable results in Q4 2024, surpassing expectations. With an EPS of $1.08 and revenue of $268 million, this performance may positively influence stock prices as investor confidence rises.

Date: 10-02-2025

AI Rating: 8

Performance Overview

Monday.com demonstrated strong financial results in its fourth quarter of 2024, surpassing analysts' expectations in key areas such as Earnings Per Share (EPS) and Revenue Growth. The EPS reported at $1.08 significantly exceeded the forecast of $0.79, while Revenue also saw a substantial increase to $268 million from the predicted $261 million.

Net Income and Profit Margins

The report indicates a noteworthy increase in operating income, with a Non-GAAP operating income of $40.3 million compared to a previous $21.2 million, marking a robust growth rate of 90.1%. The operating margin also improved from 10% to 15%, indicative of enhanced profitability.

Free Cash Flow (FCF)

Free cash flow is another area of strength for the quarter, reaching $72.7 million which reflects a 31.2% increase from the prior year. This robust free cash flow could indicate stability and the ability to invest in future growth opportunities.

Revenue Growth

Revenue growth was 32.3% year-over-year, reinforcing the company’s ability to expand its market presence while enhancing its product offerings. This growth trajectory bodes well for investor sentiment and expectations.

Net Dollar Retention Rate

With a net dollar retention rate of 112%, Monday.com has shown its ability to retain and even increase revenue from existing customers, which supports long-term business sustainability.

Despite facing some challenges with new customer acquisition attributed to broader economic pressures, the overall financial performance positions Monday.com favorably in the competitive landscape. The enhancement of AI capabilities and scaling of international operations are indicated as priorities moving forward, which could further strengthen its market position.

Stocks: MNDY