MNDY's Spending Surge Intensifies: Is Margin Expansion at Risk?
Key Takeaways Monday.com's second-quarter 2025 revenues slowed to 27% growth, down from 34% a year earlier.Headcount expansion of 30% in 2025 adds to rising costs and threatens profitability stability.Small-business customer growth is challenged by search algorithm changes, hurting efficiency.Monday.com's (MNDY) aggressive spending trajectory is creating mounting pressure on profitability metrics, raising concerns about the sustainability of current investment levels. Revenue growth is showing signs of slow ...