monday.com Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Revenue	972	729.7	519.03	308.15	161.12	Upgrade
Revenue Growth (YoY)	33.21%	40.59%	68.43%	91.25%	106.33%	Upgrade
Cost of Revenue	103.69	80.65	66.53	39.01	22.49	Upgrade
Gross Profit	868.3	649.05	452.5	269.14	138.64	Upgrade
Selling, General & Admin	675.63	531.14	477.47	321.58	245.69	Upgrade
Research & Development	213.71	156.5	127.05	73.69	43.48	Upgrade
Operating Expenses	889.34	687.64	604.52	395.26	289.17	Upgrade
Operating Income	-21.03	-38.59	-152.02	-126.13	-150.54	Upgrade
Interest Expense	-	-	-0.06	-0.41	-0.67	Upgrade
Interest & Investment Income	60.66	41.99	18.66	0.88	1.05	Upgrade
Currency Exchange Gain (Loss)	-4.8	0.36	4.69	-0.74	0.49	Upgrade
Other Non Operating Income (Expenses)	-0.36	-0.44	-0.73	-0.57	-0.34	Upgrade
Pretax Income	34.47	3.33	-129.46	-126.96	-150.01	Upgrade
Income Tax Expense	2.09	5.2	7.41	2.33	2.19	Upgrade
Net Income	32.37	-1.88	-136.87	-129.29	-152.2	Upgrade
Preferred Dividends & Other Adjustments	-	-	-	8.2	18.71	Upgrade
Net Income to Common	32.37	-1.88	-136.87	-137.5	-170.92	Upgrade
Shares Outstanding (Basic)	50	48	46	30	12	Upgrade
Shares Outstanding (Diluted)	52	48	46	30	12	Upgrade
Shares Change (YoY)	8.38%	5.59%	51.01%	151.74%	6.17%	Upgrade
EPS (Basic)	0.65	-0.04	-2.99	-4.53	-14.19	Upgrade
EPS (Diluted)	0.62	-0.04	-2.99	-4.53	-14.19	Upgrade
Free Cash Flow	297.85	207.5	11.14	4.78	-41.54	Upgrade
Free Cash Flow Per Share	5.68	4.29	0.24	0.16	-3.45	Upgrade
Gross Margin	89.33%	88.95%	87.18%	87.34%	86.04%	Upgrade
Operating Margin	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%	Upgrade
Profit Margin	3.33%	-0.26%	-26.37%	-44.62%	-106.08%	Upgrade
Free Cash Flow Margin	30.64%	28.44%	2.15%	1.55%	-25.78%	Upgrade
EBITDA	-13.06	-32.12	-144.94	-123.93	-148.88	Upgrade
EBITDA Margin	-1.34%	-4.40%	-27.93%	-40.22%	-92.40%	Upgrade
D&A For EBITDA	7.98	6.47	7.08	2.2	1.66	Upgrade
EBIT	-21.03	-38.59	-152.02	-126.13	-150.54	Upgrade
EBIT Margin	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%	Upgrade
Effective Tax Rate	6.08%	156.43%	-	-	-	Upgrade
Advertising Expenses	218.42	203.24	181.45	143.47	129.1	Upgrade

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

SEC Filings: 10-K · 10-Q