monday.com Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,232	972	729.7	519.03	308.15
Revenue Growth (YoY)	26.75%	33.21%	40.59%	68.43%	91.25%
Cost of Revenue	133.1	103.69	80.65	66.53	39.01
Gross Profit	1,099	868.3	649.05	452.5	269.14
Selling, General & Admin	779.85	675.63	531.14	477.47	321.58
Research & Development	320.8	213.71	156.5	127.05	73.69
Operating Expenses	1,101	889.34	687.64	604.52	395.26
Operating Income	-1.75	-21.03	-38.59	-152.02	-126.13
Interest Expense	-	-	-	-0.06	-0.41
Interest & Investment Income	61.07	60.66	41.99	18.66	0.88
Currency Exchange Gain (Loss)	-	-4.8	0.36	4.69	-0.74
Other Non Operating Income (Expenses)	-	-0.5	-0.44	-0.73	-0.57
EBT Excluding Unusual Items	59.32	34.33	3.33	-129.46	-126.96
Gain (Loss) on Sale of Investments	-	0.13	-	-	-
Pretax Income	59.32	34.47	3.33	-129.46	-126.96
Income Tax Expense	-59.43	2.09	5.2	7.41	2.33
Net Income	118.74	32.37	-1.88	-136.87	-129.29
Preferred Dividends & Other Adjustments	-	-	-	-	8.2
Net Income to Common	118.74	32.37	-1.88	-136.87	-137.5
Net Income Growth	266.81%	-	-	-	-
Shares Outstanding (Basic)	51	50	48	46	30
Shares Outstanding (Diluted)	53	52	48	46	30
Shares Change (YoY)	1.27%	8.38%	5.59%	51.01%	151.74%
EPS (Basic)	2.31	0.65	-0.04	-2.99	-4.53
EPS (Diluted)	2.24	0.62	-0.04	-2.99	-4.53
EPS Growth	261.29%	-	-	-	-
Free Cash Flow	313.28	297.85	207.5	11.14	4.78
Free Cash Flow Per Share	5.90	5.68	4.29	0.24	0.16
Gross Margin	89.20%	89.33%	88.95%	87.18%	87.34%
Operating Margin	-0.14%	-2.16%	-5.29%	-29.29%	-40.93%
Profit Margin	9.64%	3.33%	-0.26%	-26.37%	-44.62%
Free Cash Flow Margin	25.43%	30.64%	28.44%	2.15%	1.55%
EBITDA	12.06	-13.06	-32.12	-144.94	-123.93
EBITDA Margin	0.98%	-1.34%	-4.40%	-27.93%	-40.22%
D&A For EBITDA	13.81	7.98	6.47	7.08	2.2
EBIT	-1.75	-21.03	-38.59	-152.02	-126.13
EBIT Margin	-0.14%	-2.16%	-5.29%	-29.29%	-40.93%
Effective Tax Rate	-	6.08%	156.43%	-	-
Advertising Expenses	-	218.42	203.24	181.45	143.47

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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