monday.com (MNDY) Q2 FY26 earnings call

monday.com is undergoing a significant strategic shift towards building AI-powered software, necessitating a 20% workforce reduction and organizational restructuring. The company is seeing strong early adoption of its AI products and new pricing model, particularly in upmarket segments, driving record customer additions. While the restructuring and prior pricing actions are expected to create short-term pressures on guidance and net dollar retention, management is focused on long-term growth and profitability through disciplined investment and a refined go-to-market strategy.