Monday.com Ltd. income statement
In fiscal 2025, Monday.com Ltd. reported revenue of $1.23bn, up 26.7% on the year before, operating income of −$1.7m (a -0.1% margin) and net income of $119m, or $2.24 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 78 | 161 | 308 | 519 | 730 | 972 | 1,232 |
| Cost of revenue | 12 | 22 | 39 | 67 | 81 | 104 | 133 |
| Gross profit | 66 | 139 | 269 | 453 | 649 | 868 | 1,099 |
| Research and development | 25 | 43 | 74 | 127 | 157 | 214 | 321 |
| Selling and marketing | 119 | 191 | 268 | 392 | 438 | 534 | 631 |
| General and administrative | 15 | 54 | 53 | 85 | 93 | 142 | 149 |
| Operating income | −93 | −151 | −126 | −152 | −39 | −21 | −2 |
| Income before tax | −91 | −150 | −127 | −129 | 3 | 34 | 59 |
| Income tax | 1 | 2 | 2 | 7 | 5 | 2 | −59 |
| Net income | −92 | −152 | −129 | −137 | −2 | 32 | 119 |
| Diluted EPS | −$9.22 | −$14.19 | −$4.53 | −$2.99 | −$0.04 | $0.62 | $2.24 |
| Diluted shares (average) | 11m | 12m | 30m | 46m | 48m | 52m | 53m |
| EBITDA | −92 | −149 | −123 | −143 | −30 | −9 | 12 |
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