Monday.com (NASDAQ:MNDY) saw its stock surge over 32% intra-day on Monday after delivering impressive fourth-quarter results that surpassed expectations and issuing an optimistic outlook for fiscal 2025. The project management software company continued its strong growth trajectory, driven by rapid product innovation and increasing enterprise adoption.
For Q4, Monday.com reported earnings per share of $1.08, far exceeding analyst estimates of $0.79. Revenue surged 32% year-over-year to $268 million, outpacing the consensus forecast of $261.37 million. The company’s cash and cash equivalents rose 26% year-over-year to $1.41 billion, slightly below projections of $1.42 billion.
A key highlight of the earnings report was the introduction of Service account metrics, which showed 378 accounts at year-end, with 214 net additions in Q4.
Looking ahead, the company is doubling down on artificial intelligence as a major growth driver. It plans to expand its AI capabilities through AI Blocks, Product Power-ups, and an AI-driven Digital Workforce, aiming to transform workflow automation and enhance scalability for its customers.
For Q1 2025, Monday.com projects revenue between $274 million and $276 million, slightly ahead of analysts’ $273.9 million estimate. Full-year 2025 revenue is expected to range between $1.21 billion and $1.22 billion, aligning with consensus forecasts.
With a strong financial performance, increasing enterprise adoption, and a focus on AI-driven innovation, Monday.com appears well-positioned for continued expansion in 2025.