monday.com Ltd. (MNDY)

monday.com Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	972	729.7	519.03	308.15	161.12
Revenue Growth (YoY)	33.21%	40.59%	68.43%	91.25%	106.33%
Cost of Revenue	103.69	80.65	66.53	39.01	22.49
Gross Profit	868.3	649.05	452.5	269.14	138.64
Selling, General & Admin	675.63	531.14	477.47	321.58	245.69
Research & Development	213.71	156.5	127.05	73.69	43.48
Operating Expenses	889.34	687.64	604.52	395.26	289.17
Operating Income	-21.03	-38.59	-152.02	-126.13	-150.54
Interest Expense	-	-	-0.06	-0.41	-0.67
Interest & Investment Income	60.66	41.99	18.66	0.88	1.05
Currency Exchange Gain (Loss)	-4.8	0.36	4.69	-0.74	0.49
Other Non Operating Income (Expenses)	-0.36	-0.44	-0.73	-0.57	-0.34
Pretax Income	34.47	3.33	-129.46	-126.96	-150.01
Income Tax Expense	2.09	5.2	7.41	2.33	2.19
Net Income	32.37	-1.88	-136.87	-129.29	-152.2
Preferred Dividends & Other Adjustments	-	-	-	8.2	18.71
Net Income to Common	32.37	-1.88	-136.87	-137.5	-170.92
Shares Outstanding (Basic)	50	48	46	30	12
Shares Outstanding (Diluted)	52	48	46	30	12
Shares Change (YoY)	8.38%	5.59%	51.01%	151.74%	6.17%
EPS (Basic)	0.65	-0.04	-2.99	-4.53	-14.19
EPS (Diluted)	0.62	-0.04	-2.99	-4.53	-14.19
Free Cash Flow	297.85	207.5	11.14	4.78	-41.54
Free Cash Flow Per Share	5.68	4.29	0.24	0.16	-3.45
Gross Margin	89.33%	88.95%	87.18%	87.34%	86.04%
Operating Margin	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%
Profit Margin	3.33%	-0.26%	-26.37%	-44.62%	-106.08%
Free Cash Flow Margin	30.64%	28.44%	2.15%	1.55%	-25.78%
EBITDA	-13.06	-32.12	-144.94	-123.93	-148.88
EBITDA Margin	-1.34%	-4.40%	-27.93%	-40.22%	-92.40%
D&A For EBITDA	7.98	6.47	7.08	2.2	1.66
EBIT	-21.03	-38.59	-152.02	-126.13	-150.54
EBIT Margin	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%
Effective Tax Rate	6.08%	156.43%	-	-	-
Advertising Expenses	218.42	203.24	181.45	143.47	129.1

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q