10:42 AM EDT, 08/11/2025 (MT Newswires) -- (Updates to include the stock movement in the headline and the first paragraph.)

Monday.com ( MNDY ) shares fell 26% in recent Monday trading after the company reported Q2 results and issued revenue guidance for Q3.

The company reported Q2 non-GAAP earnings of $1.09 per diluted share, up from $0.94 a year earlier.

Analysts polled by FactSet expected $0.86.

Revenue for the quarter ended June 30 was $299 million, up from $236.1 million a year earlier.

Analysts surveyed by FactSet expected $293.6 million.

The company said it expects Q3 revenue of $311 million to $313 million. Analysts polled by FactSet expect $312.9 million.

For 2025, the company continues to expect revenue of $1.22 billion to $1.23 billion. Analysts surveyed by FactSet expect $1.22 billion.

Price: 183.31, Change: -64.73, Percent Change: -26.10