monday.com Ltd.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Revenue $78.1m
$161.1m +106.33%
$308.1m +91.25%
$519.0m +68.43%
$729.7m +40.59%
$972.0m +33.21%
$1.2b +26.75%
$1.3b +5.60%
Cost of revenue $12.0m
$22.5m +87.74%
$39.0m +73.48%
$66.5m +70.53%
$80.6m +21.22%
$103.7m +28.58%
$133.1m +28.36%
$142.4m +7.00%
Gross profit $66.1m
$138.6m +109.70%
$269.1m +94.13%
$452.5m +68.13%
$649.0m +43.44%
$868.3m +33.78%
$1.1b +26.56%
$1.2b +5.43%
Research and development $24.6m $43.5m $73.7m $127.0m $156.5m $213.7m $320.8m $343.4m
Sales and marketing $118.5m $191.4m $268.1m $392.1m $438.4m $533.5m $630.9m
General and administrative $15.5m $54.3m $53.5m $85.4m $92.7m $142.1m $149.0m $152.4m
Total operating expenses $158.6m $289.2m $395.3m $604.5m $687.6m $889.3m $1.1b $1.2b
Operating loss ($92.5m)
($150.5m) -62.71%
($126.1m) +16.22%
($152.0m) -20.53%
($38.6m) +74.62%
($21.0m) +45.49%
($1.7m) +91.69%
$8.2m +569.68%
Income before income taxes ($90.9m) ($150.0m) ($127.0m) ($129.5m) $3.3m $34.5m $59.3m $62.0m
Income tax benefit (expense) ($683k) ($2.2m) ($2.3m) ($7.4m) ($5.2m) ($2.1m) $59.4m
Net income (loss) ($91.6m)
($152.2m) -66.14%
($129.3m) +15.05%
($136.9m) -5.86%
($1.9m) +98.63%
$32.4m +1824.67%
$118.7m +266.80%
$119.4m +0.51%
Weighted-average ordinary shares used in calculating net income (loss) per ordinary share, basic $12.0m $30.3m $45.8m $48.4m $49.9m $51.4m
Weighted-average ordinary shares used in calculating net income (loss) per ordinary share, diluted $12.0m $30.3m $45.8m $48.4m $52.4m $53.1m
Net income (loss) per share attributable to ordinary shareholders’, basic ($14) ($5) ($3) ($0) $1 $2 $119.4m
Net income (loss) per share attributable to ordinary shareholders’, diluted ($9) ($14) ($5) ($3) ($0) $1 $2 $119.4m
Financial income, net $526k ($838k) $22.6m $41.9m $55.5m $61.1m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.