monday.com Ltd. (MNDY)

monday.com Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,037	972	729.7	519.03	308.15	161.12
Revenue Growth (YoY)	32.25%	33.21%	40.59%	68.43%	91.25%	106.33%
Cost of Revenue	109.04	103.69	80.65	66.53	39.01	22.49
Gross Profit	928.29	868.3	649.05	452.5	269.14	138.64
Selling, General & Admin	695.84	675.63	531.14	477.47	321.58	245.69
Research & Development	238.67	213.71	156.5	127.05	73.69	43.48
Operating Expenses	934.51	889.34	687.64	604.52	395.26	289.17
Operating Income	-6.22	-21.03	-38.59	-152.02	-126.13	-150.54
Interest Expense	-	-	-	-0.06	-0.41	-0.67
Interest & Investment Income	65.47	60.66	41.99	18.66	0.88	1.05
Currency Exchange Gain (Loss)	-4.8	-4.8	0.36	4.69	-0.74	0.49
Other Non Operating Income (Expenses)	-0.36	-0.36	-0.44	-0.73	-0.57	-0.34
Pretax Income	54.09	34.47	3.33	-129.46	-126.96	-150.01
Income Tax Expense	1.37	2.09	5.2	7.41	2.33	2.19
Net Income	52.72	32.37	-1.88	-136.87	-129.29	-152.2
Preferred Dividends & Other Adjustments	-	-	-	-	8.2	18.71
Net Income to Common	52.72	32.37	-1.88	-136.87	-137.5	-170.92
Shares Outstanding (Basic)	50	50	48	46	30	12
Shares Outstanding (Diluted)	53	52	48	46	30	12
Shares Change (YoY)	6.65%	8.38%	5.59%	51.01%	151.74%	6.17%
EPS (Basic)	1.05	0.65	-0.04	-2.99	-4.53	-14.19
EPS (Diluted)	1.00	0.62	-0.04	-2.99	-4.53	-14.19
Free Cash Flow	315.64	297.85	207.5	11.14	4.78	-41.54
Free Cash Flow Per Share	5.99	5.68	4.29	0.24	0.16	-3.45
Gross Margin	89.49%	89.33%	88.95%	87.18%	87.34%	86.04%
Operating Margin	-0.60%	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%
Profit Margin	5.08%	3.33%	-0.26%	-26.37%	-44.62%	-106.08%
Free Cash Flow Margin	30.43%	30.64%	28.44%	2.15%	1.55%	-25.78%
EBITDA	2.48	-13.06	-32.12	-144.94	-123.93	-148.88
EBITDA Margin	0.24%	-1.34%	-4.40%	-27.93%	-40.22%	-92.40%
D&A For EBITDA	8.69	7.98	6.47	7.08	2.2	1.66
EBIT	-6.22	-21.03	-38.59	-152.02	-126.13	-150.54
EBIT Margin	-0.60%	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%
Effective Tax Rate	2.54%	6.08%	156.43%	-	-	-
Advertising Expenses	-	218.42	203.24	181.45	143.47	129.1

Updated May 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q