MNDY 2Q25:AI Credit and Managed Service

We published an in-depth MNDY preview in 1Q25, providing comprehensive analysis of business progress and upsell opportunities across segments.

We conducted interviews with three MNDY sales partner experts in August and present our pre-earnings assessment below.

Overall partner feedback remains consistent with last quarter, though we're seeing increased AI upside. While AI's contribution to new deals may significantly exceed its contribution to the existing customer base, we expect the installed base to reach similar AI credit revenue levels within a year.

2Q25 could mark MNDY's first quarter of AI monetization.

In this report, we analyze:

• Sales performance

• MNDY CRM

• MNDY Service

• MNDY AI

• Enterprise product progress