monday.com Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,301	1,232	972	729.7	519.03	308.15
Revenue Growth (YoY)	25.42%	26.75%	33.21%	40.59%	68.43%	91.25%
Cost of Revenue	142.42	133.1	103.69	80.65	66.53	39.01
Gross Profit	1,159	1,099	868.3	649.05	452.5	269.14
Selling, General & Admin	806.95	779.85	675.63	531.14	477.47	321.58
Research & Development	343.43	320.8	213.71	156.5	127.05	73.69
Total Operating Expenses	1,150	1,101	889.34	687.64	604.52	395.26
Operating Income	8.21	-1.75	-21.03	-38.59	-152.02	-126.13
Interest Income	53.79	61.07	55.5	41.91	22.55	-0.84
Total Non-Operating Income (Expense)	53.79	61.07	55.5	41.91	22.55	-0.84
Pretax Income	62	59.32	34.47	3.33	-129.46	-126.96
Provision for Income Taxes	3.07	-59.43	2.09	5.2	7.41	2.33
Net Income	91.32	118.74	32.37	-1.88	-136.87	-129.29
Net Income to Common	28.03	118.74	32.37	-1.88	-136.87	-129.29
Net Income Growth	2.22%	266.81%	-	-	-	-
Shares Outstanding (Basic)	51	51	50	48	46	30
Shares Outstanding (Diluted)	52	53	52	48	46	30
Shares Change (YoY)	-0.00%	1.27%	8.38%	5.59%	51.01%	151.74%
EPS (Basic)	2.34	2.31	0.65	-0.04	-2.99	-4.53
EPS (Diluted)	2.30	2.24	0.62	-0.04	-2.99	-4.53
EPS Growth	134.69%	261.29%	-	-	-	-
Free Cash Flow	360.13	313.28	297.85	207.5	11.14	4.78
Free Cash Flow Growth	14.95%	5.18%	43.54%	1763.52%	133.10%	-
Free Cash Flow Per Share	6.91	5.90	5.68	4.29	0.24	0.16
Gross Margin	89.05%	89.20%	89.33%	88.95%	87.18%	87.34%
Operating Margin	0.63%	-0.14%	-2.16%	-5.29%	-29.29%	-40.93%
Profit Margin	7.02%	9.64%	3.33%	-0.26%	-26.37%	-41.96%
FCF Margin	27.68%	25.43%	30.64%	28.44%	2.15%	1.55%
EBITDA	22.67	12.06	-9.18	-29.56	-143.45	-123.38
EBITDA Margin	1.74%	0.98%	-0.94%	-4.05%	-27.64%	-40.04%
EBIT	8.21	-1.75	-21.03	-38.59	-152.02	-126.13
EBIT Margin	0.63%	-0.14%	-2.16%	-5.29%	-29.29%	-40.93%
Effective Tax Rate	4.96%	-100.18%	6.08%	156.43%	-5.72%	-1.84%

SEC Filings: 10-K · 10-Q