Monday.com (MNDY) reported Q4 non-GAAP net income Monday 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 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.

The company's shares were down 12.7% in recent premarket activity on Monday.