MONDAY.com (NASDAQ: MNDY) kicked off 2025 with strong financial performance, surpassing market expectations for the first quarter. The company achieved significant revenue growth and improved profitability, setting the stage for further expansion. Key highlights include a robust Q1 revenue of $282.3 million – up 30% year-on-year and exceeding predictions of $275.61 million. Operating income also saw substantial gains, with GAAP and non-GAAP operating income reaching impressive levels.
monday.com’s success is attributed to its strategic focus on multi-product platform expansion and operational efficiency. In terms of earnings per share (EPS), the company reported a strong GAAP basic EPS of $0.54 and diluted EPS of $0.52, exceeding market expectations for a robust $0.7029. On a non-GAAP basis, these figures reached $1.14 and $1.10 respectively, highlighting the company’s enhanced profitability and ability to generate greater returns for shareholders.
Looking forward, monday.com remains optimistic about Q2 2025 and FY’25. Revenue is anticipated to grow at a rate of 24% to 25% year-over-year, with non-GAAP operating income ranging from $32 million to $34 million. This forward-looking outlook reflects the company’s continued commitment to innovation and strategic investments that aim to further its growth.
For FY’25, revenue is projected to reach a range of $1,220 million to $1,226 million, with a predicted year-over-year growth of 25% to 26%. Non-GAAP operating income is expected to range from $144 million to $150 million, with an anticipated operating margin of approximately 12%. Further, the company anticipates strong free cash flow between $310 million and $316 million, carrying a projected 25% to 26% operating margin.
Disclaimer: The author has no position in any securities mentioned in the article. All quoted stock prices are current at time of writing.