The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how monday.com (NASDAQ: MNDY) and the rest of the productivity software stocks fared in Q4.

Rising employee costs and the shift to more remote work has increased the ever-present pressure to improve corporate productivity, which in turn has driven rising demand for productivity software that enables remote work, streamline project management and automate business tasks.

The 16 productivity software stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 1.9% while next quarter’s revenue guidance was in line.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 13.6% since the latest earnings results.

Weakest Q4: monday.com (NASDAQ: MNDY)

With its colorful interface of boards, columns, and automation that replaced the chaos of spreadsheets, monday.com (NASDAQ: MNDY) is a cloud-based work operating system that helps teams manage projects, track tasks, and streamline workflows through customizable interfaces.

monday.com reported revenues of $333.9 million, up 24.6% year on year. This print exceeded analysts’ expectations by 1.3%. Despite the top-line beat, it was still a slower quarter for the company with full-year revenue guidance slightly missing analysts’ expectations and revenue guidance for next quarter slightly missing analysts’ expectations.

“We delivered strong financial results in 2025 with solid revenue growth and record non-GAAP operating profit and cash generation,” said Eliran Glazer, monday.com CFO.

The stock is down 32.1% since reporting and currently trades at $66.55.

Is now the time to buy monday.com? Access our full analysis of the earnings results here, it’s free.

Best Q4: Appian (NASDAQ: APPN)

Powering billions of transactions daily since its founding in 1999, Appian (NASDAQ: APPN) provides a low-code platform that helps businesses automate complex processes and operationalize artificial intelligence without extensive programming knowledge.

Appian reported revenues of $202.9 million, up 21.7% year on year, outperforming analysts’ expectations by 7.2%. The business had an exceptional quarter with an impressive beat of analysts’ billings estimates and EBITDA guidance for next quarter exceeding analysts’ expectations.

Appian achieved the biggest analyst estimates beat among its peers. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 4.4% since reporting. It currently trades at $23.

Is now the time to buy Appian? Access our full analysis of the earnings results here, it’s free.

DocuSign (NASDAQ: DOCU)

Creating the digital equivalent of "sign on the dotted line" for over a billion users worldwide, DocuSign (NASDAQ: DOCU) provides an agreement management platform that enables businesses to electronically prepare, sign, and manage documents and contracts.

DocuSign reported revenues of $836.9 million, up 7.8% year on year, exceeding analysts’ expectations by 1%. Still, it was a mixed quarter as it posted a miss of analysts’ annual recurring revenue estimates.

As expected, the stock is down 4.7% since the results and currently trades at $45.30.

Read our full analysis of DocuSign’s results here.

Microsoft (NASDAQ: MSFT)

Originally named "Micro-soft" for microcomputer software when founded in 1975, Microsoft (NASDAQ: MSFT) is a global technology company that develops software, cloud services, devices, and AI solutions for consumers, businesses, and organizations worldwide.

Microsoft reported revenues of $81.27 billion, up 16.7% year on year. This number topped analysts’ expectations by 1.2%. It was an exceptional quarter as it also put up an impressive beat of analysts’ EPS estimates and a narrow beat of analysts’ revenue estimates.

The stock is down 26.1% since reporting and currently trades at $356.15.

Read our full, actionable report on Microsoft here, it’s free.

Atlassian (NASDAQ: TEAM)

Started by two Australian university friends who funded their startup with credit cards, Atlassian (NASDAQ: TEAM) provides software tools that help teams plan, track, collaborate, and share knowledge across organizations.

Atlassian reported revenues of $1.59 billion, up 23.3% year on year. This print surpassed analysts’ expectations by 2.8%. Overall, it was a very strong quarter as it also recorded an impressive beat of analysts’ EBITDA estimates and revenue guidance for next quarter topping analysts’ expectations.

The stock is down 34.2% since reporting and currently trades at $64.75.

Read our full, actionable report on Atlassian here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.