monday.com Q1 beats earnings and revenue estimates, driven by AI platform growth and enterprise customers

monday.com reported strong Q1 2026 results with adjusted EPS of $1.15 and revenue of $351.3 million, surpassing Wall Street estimates. The company's growth was fueled by the launch of its AI Work Platform and a shift to consumption-based pricing, which the co-CEOs say will support future expansion. For Q2, monday.com projects revenue slightly above consensus and expects solid operating income. Full-year 2026 guidance also exceeds expectations, signaling confidence in continued growth driven by AI adoption and enterprise customer gains.