# monday.com forecasts lower Q4 margin as AI investment accelerates

_Published Monday, November 9, 2026 at 9:07 AM EST · Products · Latest · Tier 2 — Notable_

![monday.com forecasts lower Q4 margin as AI investment accelerates — Primary](https://247wallst.com/og/card/01m7035jtwjdd2fhxpwd7skee4.png)

monday.com forecasts a Q4 non-GAAP operating margin of approximately 18%, down from 24% in Q3, as it increases investment in enterprise sales, product development and AI, 24/7 Wall St. reported. Management guided Q4 revenue to $380 to $382 million and acknowledged near-term operational headwinds from its AI transition.

Q3 revenue rose 19% to $377.5 million. Sales and marketing expense fell to $149.1 million from $165.8 million a year earlier, helping lift profitability. AI products reached $36 million in annual recurring revenue, and monday agents surpassed 6 million interactions in less than two quarters.

Operating cash flow fell to $20.4 million from $95.1 million.

## Sources

- [24/7 Wall St.](https://247wallst.com/cards/monday-com-q3-2026-earnings-mndy-01m7035jtwjdd2fhxpwd7skee4)

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Canonical: https://techandbusiness.org/newswire/07VZDehmNqId4wABEENusq
Published: 2026-11-09T14:07:47.462Z
Story chronology: 2026-11-09T12:00:31.000Z
Retrieved: 2026-11-09T16:56:47.527Z
Publisher: Tech & Business (techandbusiness.org)