Monday.com Reports Strong Q4 2024 Results Amid Growth

Monday.com showcases impressive growth in Q4 2024. With record revenue growth and expansion into the enterprise market, investor sentiment is likely to be positive towards monday.com's stock.

Date: 10-02-2025

AI Rating: 8

Earnings Performance
Monday.com delivered a strong financial performance with Q4 revenue reaching $268 million, reflecting a 32% year-over-year increase. For fiscal year 2024, total revenue hit $972 million, marking a growth of 33% compared to the previous year.

Net Income and EPS
The net income for Q4 2024 was reported at $57.3 million, up from $33.7 million in Q4 2023. For the full year, net income rose to $183.3 million from $94.9 million. The diluted net income per share increased to $1.08 for Q4 and $3.50 for the fiscal year, reflecting robust earnings potential.

Free Cash Flow and Profitability
Additionally, Monday.com reported a strong free cash flow of $72.7 million with a margin of 27% for Q4, and an annual free cash flow of $295.8 million for the fiscal year, indicating solid cash management and operational efficiency. These metrics suggest a strong profitability margin and may enhance investor confidence in the company's financial stability.

Operational Efficiency
The gross margin for Q4 was reported at 89%, indicating efficient cost management and effective pricing strategy.

Revenue Guidance
For 2025, Monday.com anticipates revenue in the range of $1.208 billion to $1.221 billion, which assumes growth of 24% to 26%. This forward-looking guidance is crucial for investor sentiment as it reflects continued expansion ambitions.

Overall Sentiment
Given the strong growth indicators in revenue, net income, and free cash flow, combined with a confident revenue outlook for 2025, the financial metrics appear to present an optimistic scenario for investors, potentially leading to a positive impact on stock prices.

Stocks: MNDY