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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,166	972	729.7	519.03	308.15	161.12
Revenue Growth (YoY)	28.62%	33.21%	40.59%	68.43%	91.25%	106.33%
Cost of Revenue	126.27	103.69	80.65	66.53	39.01	22.49
Gross Profit	1,040	868.3	649.05	452.5	269.14	138.64
Selling, General & Admin	736.16	675.63	531.14	477.47	321.58	245.69
Research & Development	298.21	213.71	156.5	127.05	73.69	43.48
Operating Expenses	1,034	889.34	687.64	604.52	395.26	289.17
Operating Income	5.46	-21.03	-38.59	-152.02	-126.13	-150.54
Interest Expense	-	-	-	-0.06	-0.41	-0.67
Interest & Investment Income	65.54	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)	-0.5	-0.5	-0.44	-0.73	-0.57	-0.34
EBT Excluding Unusual Items	65.71	34.33	3.33	-129.46	-126.96	-150.01
Gain (Loss) on Sale of Investments	0.13	0.13	-	-	-	-
Pretax Income	65.84	34.47	3.33	-129.46	-126.96	-150.01
Income Tax Expense	0.79	2.09	5.2	7.41	2.33	2.19
Net Income	65.06	32.37	-1.88	-136.87	-129.29	-152.2
Preferred Dividends & Other Adjustments	-	-	-	-	8.2	18.71
Net Income to Common	65.06	32.37	-1.88	-136.87	-137.5	-170.92
Shares Outstanding (Basic)	51	50	48	46	30	12
Shares Outstanding (Diluted)	53	52	48	46	30	12
Shares Change (YoY)	3.32%	8.38%	5.59%	51.01%	151.74%	6.17%
EPS (Basic)	1.27	0.65	-0.04	-2.99	-4.53	-14.19
EPS (Diluted)	1.23	0.62	-0.04	-2.99	-4.53	-14.19
Free Cash Flow	333.66	297.85	207.5	11.14	4.78	-41.54
Free Cash Flow Per Share	6.28	5.68	4.29	0.24	0.16	-3.45
Gross Margin	89.17%	89.33%	88.95%	87.18%	87.34%	86.04%
Operating Margin	0.47%	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%
Profit Margin	5.58%	3.33%	-0.26%	-26.37%	-44.62%	-106.08%
Free Cash Flow Margin	28.61%	30.64%	28.44%	2.15%	1.55%	-25.78%
EBITDA	14.91	-13.06	-32.12	-144.94	-123.93	-148.88
EBITDA Margin	1.28%	-1.34%	-4.40%	-27.93%	-40.22%	-92.40%
D&A For EBITDA	9.44	7.98	6.47	7.08	2.2	1.66
EBIT	5.46	-21.03	-38.59	-152.02	-126.13	-150.54
EBIT Margin	0.47%	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%
Effective Tax Rate	1.20%	6.08%	156.43%	-	-	-
Advertising Expenses	-	218.42	203.24	181.45	143.47	129.1

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q