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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,100	972	729.7	519.03	308.15	161.12
Revenue Growth (YoY)	30.24%	33.21%	40.59%	68.43%	91.25%	106.33%
Cost of Revenue	116.45	103.69	80.65	66.53	39.01	22.49
Gross Profit	983.79	868.3	649.05	452.5	269.14	138.64
Selling, General & Admin	728.08	675.63	531.14	477.47	321.58	245.69
Research & Development	275.27	213.71	156.5	127.05	73.69	43.48
Operating Expenses	1,003	889.34	687.64	604.52	395.26	289.17
Operating Income	-19.56	-21.03	-38.59	-152.02	-126.13	-150.54
Interest Expense	-	-	-	-0.06	-0.41	-0.67
Interest & Investment Income	61.55	60.66	41.99	18.66	0.88	1.05
Currency Exchange Gain (Loss)	-2.93	-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	38.55	34.33	3.33	-129.46	-126.96	-150.01
Gain (Loss) on Sale of Investments	1.45	0.13	-	-	-	-
Pretax Income	40	34.47	3.33	-129.46	-126.96	-150.01
Income Tax Expense	0.02	2.09	5.2	7.41	2.33	2.19
Net Income	39.98	32.37	-1.88	-136.87	-129.29	-152.2
Preferred Dividends & Other Adjustments	-	-	-	-	8.2	18.71
Net Income to Common	39.98	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)	5.07%	8.38%	5.59%	51.01%	151.74%	6.17%
EPS (Basic)	0.79	0.65	-0.04	-2.99	-4.53	-14.19
EPS (Diluted)	0.76	0.62	-0.04	-2.99	-4.53	-14.19
Free Cash Flow	325.31	297.85	207.5	11.14	4.78	-41.54
Free Cash Flow Per Share	6.14	5.68	4.29	0.24	0.16	-3.45
Gross Margin	89.42%	89.33%	88.95%	87.18%	87.34%	86.04%
Operating Margin	-1.78%	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%
Profit Margin	3.63%	3.33%	-0.26%	-26.37%	-44.62%	-106.08%
Free Cash Flow Margin	29.57%	30.64%	28.44%	2.15%	1.55%	-25.78%
EBITDA	-10.41	-13.06	-32.12	-144.94	-123.93	-148.88
EBITDA Margin	-0.95%	-1.34%	-4.40%	-27.93%	-40.22%	-92.40%
D&A For EBITDA	9.15	7.98	6.47	7.08	2.2	1.66
EBIT	-19.56	-21.03	-38.59	-152.02	-126.13	-150.54
EBIT Margin	-1.78%	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%
Effective Tax Rate	0.06%	6.08%	156.43%	-	-	-
Advertising Expenses	-	218.42	203.24	181.45	143.47	129.1

Updated Aug 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q