monday.com Ltd. reported second quarter 2026 results with revenue of $364.6 million, a 22% year-over-year increase. GAAP operating income improved to a loss of $1.5 million from a $11.6 million loss in the prior year period, while non-GAAP operating income reached a record $61.1 million with a 17% margin. The company announced a restructuring plan on July 22, 2026, involving approximately 20% workforce reduction and office space consolidation, estimating total net charges of $45–55 million for fiscal year 2026. Additionally, the board approved a donation of 196,829 ordinary shares to the monday.com Foundation in Q3 2026. The company utilized its entire $870 million share repurchase authorization during the quarter. For full-year 2026, monday.com expects revenue between $1,466 million and $1,474 million and non-GAAP operating income of $230–$234 million. monday.com Ltd. operates in the software industry as an AI work platform that manages workflows and executes business strategies.

On July 22, 2026, monday.com Ltd. initiated a restructuring plan to align its organizational structure with its AI Work Platform focus, involving a reduction of approximately 20% of its workforce. The company expects to incur net charges of $45-$55 million, including $30-$35 million for severance and benefits and $30-$35 million for office space impairment, partially offset by $15 million in non-cash credits. monday.com Ltd. provides a cloud-based work management platform for teams.

On July 1, 2026, monday.com Ltd. cancelled 10,875,000 unissued ordinary shares previously reserved for issuance under its 2021 Share Incentive Plan to manage shareholder dilution. The cancellation affects only unallocated reserve shares and has no effect on any existing equity awards. monday.com Ltd. is a software company that provides a work management platform.