---
title: "MNDY Earnings: Monday.com Stock Spikes after Q1 Beat and Strong AI Momentum"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285958673.md"
description: "Monday.com (MNDY) shares surged over 25% in pre-market trading following a strong Q1 earnings report that exceeded Wall Street expectations. The company reported $351.3 million in revenue, a 24% year-over-year increase, and adjusted earnings per share of $1.15, beating the consensus estimate. The results reflect the success of its AI Work Platform and enterprise strategy, with solid customer metrics, including a net dollar retention rate of 110% and significant growth in high-spending customers."
datetime: "2026-05-11T14:07:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285958673.md)
  - [en](https://longbridge.com/en/news/285958673.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285958673.md)
---

# MNDY Earnings: Monday.com Stock Spikes after Q1 Beat and Strong AI Momentum

Monday.com (MNDY) shares are up more than 25% in pre‑market trading on Monday, after the company delivered a strong Q1 earnings report that easily topped Wall Street expectations. Investors are cheering the results as a clear sign that the cloud-based work management platform provider's enterprise push and AI product strategy are paying off.

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The company reported $351.3 million in revenue, up 24% year over year, reflecting continued adoption of its newly launched AI Work Platform and steady expansion among large enterprise customers. The topline also surpassed the analysts' expectations of $339.07 million.

In addition, Monday.com delivered adjusted earnings per share of $1.15, which increased 4.5% from the prior-year quarter and beat the consensus estimate of $1.10 per share.

## **Enterprise Momentum Continues to Accelerate**

Monday.com's enterprise momentum continued to build, with customer metrics showing strength across the platform, especially among larger accounts. Net dollar retention was solid at 110% overall, rising to 114% for customers with more than 10 users, 116% for those generating over $50K in ARR, and 115% for customers above $100K.

Further, customers spending more than $50K in ARR increased 32% year-over-year to 4,547, while those above $100K ARR reached 1,844, up 39%. The number of customers spending over $500K ARR jumped to 99, a 74% increase. The jump is consistent with the prior quarters, as shown in the chart below.

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