11:06 AM EST, 02/09/2026 (MT Newswires) -- (Updated with stock price movement in the headline and first paragraph.)

Monday.com ( MNDY ) shares were down more than 20% in recent trading Monday after its guidance came in below market expectations.

Earlier, the firm reported Q4 non-GAAP net income of $1.04 per diluted share, down from $1.08 a year earlier.

Analysts polled by FactSet expected $0.92.

Revenue for the quarter ended Dec. 31 was $333.9 million, up from $268.0 million a year earlier.

Analysts expected revenue of $329.7 million.

The company said it expects Q1 revenue of $338 million to $340 million. Analysts surveyed by FactSet expect $343 million.

The company expects full-year 2026 revenue of $1.45 billion to $1.46 billion. Analysts expect revenue of $1.48 billion.

Price: 77.81, Change: -20.19, Percent Change: -20.60