monday.com Revenue Grows 22% Driven by AI Seats-Plus-Credits Model

Key Facts

1monday.com delivered a 22% YoY revenue beat for Q2 FY26.

2AI Annual Recurring Revenue (ARR) doubled sequentially, validating the seats-plus-credits pricing model.

3The company saw record net additions in the $100K+ and $500K+ customer cohorts.

In a move reflecting the successful transition toward AI-powered platforms, monday.com reported strong financial results for Q2 FY26. According to reports, the company delivered a 22% year-over-year revenue beat, surpassing previous estimates. This performance was primarily driven by the effectiveness of the new 'seats-plus-credits' pricing model, which has successfully monetized AI features across its user base.

Operational data showed significant traction within the enterprise segment, with the company recording net additions in the $100K+ and $500K+ customer cohorts. Per analyst facts, AI-related Annual Recurring Revenue (ARR) doubled sequentially, validating the platform's ability to convert AI capabilities into sustainable cash flows. This structural strength appears to have offset previous negative sentiment regarding workforce reductions.

Regarding market performance, updated price levels for monday.com were unavailable at the time of this report, though the earnings narrative remains fundamentally bullish. Looking ahead, investors are monitoring the FOMC Minutes scheduled for release later today, August 26, 2026, which may influence broader sentiment across the technology and growth sectors.

Sources:

seekingalpha.com