Income Statement monday.com Ltd.

Equities

MNDY

IL0011762130

Software

Market Closed - Nasdaq Other stock markets 20:00:00 16/03/2026 GMT			5-day change	1st Jan Change
74.40 ^USD	-0.61%		-8.22%	-49.58%

03-11	Monday.com Launches Infrastructure for AI Agents to Operate on its Platform	MT
03-11	Monday.Com Introduces Ai Agent Infrastructure On Its Platform	CI

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Published financial data: MONDAY.COM LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	308M	519M	730M	972M	1.23B
Total Revenues	308M	519M	730M	972M	1.23B
Cost of Goods Sold, Total	39.01M	66.53M	80.64M	104M	133M
Gross Profit	269M	453M	649M	868M	1.1B
Selling General & Admin Expenses, Total	322M	477M	531M	676M	780M
R&D Expenses	73.69M	127M	156M	214M	321M
Other Operating Expenses, Total	395M	605M	688M	889M	1.1B
Operating Income	-126M	-152M	-38.58M	-21.03M	-1.75M
Interest Expense, Total	-405K	-62K	-	-	-
Interest And Investment Income	875K	18.66M	41.99M	60.66M	63.45M
Net Interest Expenses	470K	18.6M	41.99M	60.66M	63.45M
Currency Exchange Gains (Loss)	-742K	4.69M	361K	-4.8M	-3.07M
Other Non Operating Income (Expenses)	-566K	-730K	-443K	-495K	-900K
EBT, Excl. Unusual Items	-127M	-129M	3.33M	34.33M	57.73M
Gain (Loss) On Sale Of Investments	-	-	-	132K	1.59M
EBT, Incl. Unusual Items	-127M	-129M	3.33M	34.47M	59.32M
Income Tax Expense	2.33M	7.41M	5.2M	2.09M	-59.42M
Earnings From Continuing Operations	-129M	-137M	-1.88M	32.37M	119M
Net Income to Company	-129M	-137M	-1.88M	32.37M	119M
Net Income - (IS)	-129M	-137M	-1.88M	32.37M	119M
Preferred Dividend and Other Adjustments	8.2M	-	-	-	-
Net Income to Common Incl Extra Items	-137M	-137M	-1.88M	32.37M	119M
Net Income to Common Excl. Extra Items	-137M	-137M	-1.88M	32.37M	119M
Per Share Items
Net EPS - Basic	-4.53	-2.99	-0.04	0.65	2.31
Basic EPS - Continuing Operations	-4.53	-2.99	-0.04	0.65	2.31
Basic Weighted Average Shares Outstanding	30.33M	45.8M	48.37M	49.91M	51.44M
Net EPS - Diluted	-4.53	-2.99	-0.04	0.62	2.24
Diluted EPS - Continuing Operations	-4.53	-2.99	-0.04	0.62	2.24
Diluted Weighted Average Shares Outstanding	30.33M	45.8M	48.37M	52.42M	53.09M
Normalized Basic EPS	-2.62	-1.77	0.04	0.43	0.7
Normalized Diluted EPS	-2.62	-1.77	0.04	0.41	0.68
Supplemental Items
EBITDA	-124M	-145M	-32.12M	-13.06M	8.22M
EBITA	-126M	-152M	-38.58M	-21.03M	-1.75M
EBIT	-126M	-152M	-38.58M	-21.03M	-1.75M
EBITDAR	-120M	-129M	-10.75M	13.98M	42.26M
Effective Tax Rate - (Ratio)	-1.84	-5.72	156.43	6.08	-100.18
Current Domestic Taxes	-	-	-	-	456K
Current Foreign Taxes	-	-	-	-	1.27M
Total Current Taxes	-	-	-	-	1.72M
Deferred Domestic Taxes	-	-	-	-	-49.04M
Deferred Foreign Taxes	-	-	-	-	-12.11M
Total Deferred Taxes	-	-	-	-	-61.15M
Normalized Net Income	-79.35M	-80.91M	2.08M	21.46M	36.08M
Interest on Long-Term Debt	-	-	-	-	-
Non-Cash Pension Expense	4.61M	7.29M	8.44M	11.09M	15.64M
Supplemental Operating Expense Items
Advertising Expense	143M	181M	203M	218M	238M
Selling and Marketing Expenses	268M	392M	438M	534M	631M
General and Administrative Expenses	53.49M	85.4M	71.36M	115M	115M
Research And Development Expense From Footnotes	74.23M	129M	159M	218M	325M
Net Rental Expense, Total	4.33M	16.4M	21.37M	27.04M	34.04M
Imputed Operating Lease Interest Expense	1.32M	209K	-	-	-
Imputed Operating Lease Depreciation	3.01M	16.19M	-	-	-
Stock-Based Comp., COGS (Total)	7.68M	10.41M	6.31M	6.6M	8.56M
Stock-Based Comp., R&D Exp. (Total)	21.78M	32.96M	38.74M	51M	82.25M
Stock-Based Comp., S&M Exp. (Total)	23.14M	33.46M	25.4M	33.86M	44.08M
Stock-Based Comp., G&A Exp. (Total)	20.93M	28.1M	29.75M	55.65M	42.12M
Total Stock-Based Compensation	73.53M	105M	100M	147M	177M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	887M	886M	1.12B	1.41B	1.5B
Short Term Investments	-	-	-	50M	162M
Total Cash And Short Term Investments	887M	886M	1.12B	1.46B	1.67B
Accounts Receivable, Total	8.51M	13.23M	17.91M	25.8M	30.55M
Other Receivables	3.52M	6.14M	7.22M	13.83M	12.79M
Total Receivables	12.03M	19.37M	25.13M	39.63M	43.34M
Prepaid Expenses	12.73M	13.61M	13.19M	15.94M	21.62M
Other Current Assets, Total	1.92M	4.98M	18.7M	15.06M	58.65M
Total Current Assets	913M	924M	1.17B	1.53B	1.79B
Gross Property Plant And Equipment	19.51M	113M	103M	148M	218M
Accumulated Depreciation	-4.7M	-6.86M	-13.04M	-20.22M	-25.45M
Net Property Plant And Equipment	14.81M	106M	90M	127M	193M
Other Intangibles, Total	4.79M	8.23M	9.69M	8.82M	10.09M
Deferred Tax Assets Long-Term	-	-	-	-	58.68M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	100K	585K	2.82M	16.98M	55.82M
Total Assets	933M	1.04B	1.28B	1.69B	2.11B
Liabilities
Accounts Payable, Total	23.61M	7.34M	24.84M	35.61M	45M
Accrued Expenses, Total	65.1M	63.62M	95.25M	152M	209M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	84K	19.08M	18.2M	29.01M	25.82M
Current Income Taxes Payable	2.82M	4.07M	8.64M	15.12M	19.9M
Unearned Revenue Current, Total	134M	198M	266M	340M	410M
Other Current Liabilities	2.13M	6.01M	2.8M	3.43M	5.74M
Total Current Liabilities	228M	298M	416M	576M	715M
Long-Term Leases	-	58.64M	42.95M	77.02M	143M
Unearned Revenue Non Current	-	2.44M	3.19M	2.64M	1.94M
Other Non Current Liabilities	1.61M	-	-	-	-
Total Liabilities	230M	359M	462M	655M	860M
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Additional Paid In Capital	1.15B	1.27B	1.39B	1.58B	1.66B
Retained Earnings	-446M	-583M	-584M	-552M	-433M
Comprehensive Income and Other	594K	-3.21M	9.8M	3.19M	18.1M
Total Common Equity	703M	680M	814M	1.03B	1.25B
Total Equity	703M	680M	814M	1.03B	1.25B
Total Liabilities And Equity	933M	1.04B	1.28B	1.69B	2.11B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	44.92M	47.74M	48.92M	50.77M	50.77M
ECS Total Common Shares Outstanding	44.92M	47.74M	48.92M	50.77M	50.77M
Book Value / Share	15.66	14.24	16.63	20.29	24.56
Tangible Book Value	699M	672M	804M	1.02B	1.24B
Tangible Book Value Per Share	15.55	14.07	16.43	20.12	24.36
Total Debt	84K	77.72M	61.15M	106M	169M
Net Debt	-887M	-808M	-1.05B	-1.36B	-1.5B
Debt Equivalent Oper. Leases	34.61M	131M	171M	216M	272M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	12.55M	19.5M	24.09M	30.72M	35.4M
Full Time Employees	1.06K	1.55K	1.85K	2.51K	3.16K
Assets under Capital Lease - Gross	254K	254K	254K	254K	-
Accumulated Allowance for Doubtful Accounts (Supple)	249K	408K	318K	296K	889K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-129M	-137M	-1.88M	32.37M	119M
Depreciation & Amortization - CF	2.2M	7.08M	6.46M	7.98M	9.96M
Depreciation & Amortization, Total	2.2M	7.08M	6.46M	7.98M	9.96M
Amortization of Deferred Charges, Total - (CF)	547K	1.49M	2.56M	3.88M	3.84M
(Gain) Loss From Sale Of Asset	76K	-	-	576K	290K
Stock-Based Compensation (CF)	73.53M	105M	100M	129M	177M
Other Operating Activities, Total	-16K	-	-	17.68M	-63.29M
Change In Accounts Receivable	-4.6M	-4.72M	-4.68M	-7.89M	-4.75M
Change In Accounts Payable	-2.04M	-16.07M	17.4M	10.41M	8.45M
Change in Unearned Revenues	63.72M	64.49M	68.93M	73.12M	69.03M
Change in Other Net Operating Assets	12.23M	6.82M	26.43M	43.74M	14.35M
Cash from Operations	16.36M	27.14M	215M	311M	334M
Capital Expenditure	-11.58M	-16M	-7.9M	-13.21M	-20.36M
Sale of Property, Plant, and Equipment	129K	-	-	-	-
Sale (Purchase) of Intangible assets	-2.18M	-3M	-2.56M	-2.02M	-3.38M
Investment in Marketable and Equity Securities, Total	10M	-	-	-55.57M	-110M
Cash from Investing	-3.63M	-19M	-10.46M	-70.8M	-134M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-21M	-	-	-	-
Long-Term Debt Repaid, Total	-91K	-84K	-	-	-
Total Debt Repaid	-21.09M	-84K	-	-	-
Issuance of Common Stock	741M	12.18M	21.24M	43.34M	41.86M
Repurchase of Common Stock	-	-	-	-	-135M
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	22.26M	-21.15M	4.05M	11.87M	-15.22M
Cash from Financing	742M	-9.06M	25.29M	55.21M	-108M
Net Change in Cash	755M	-918K	230M	295M	91.55M
Supplemental Items
Cash Interest Paid	421K	62K	25K	-	-
Cash Income Tax Paid (Refund)	3.3M	5.91M	7.56M	6.21M	4.86M
Levered Free Cash Flow	73.33M	39.21M	174M	266M	255M
Unlevered Free Cash Flow	73.59M	39.25M	174M	266M	255M
Change In Net Working Capital	-89.9M	-39.77M	-99.61M	-135M	-89.49M
Net Debt Issued / Repaid	-21.09M	-84K	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-14.46	-9.63	-2.08	-0.89	-0.06
Return on Total Capital	-21.29	-13.01	-2.96	-1.31	-0.09
Return On Equity %	-35.95	-19.79	-0.25	3.51	10.43
Return on Common Equity	-56.6	-19.79	-0.25	3.51	10.43
Margin Analysis
Gross Profit Margin %	87.34	87.18	88.95	89.33	89.2
SG&A Margin	104.36	91.99	72.79	69.51	63.3
EBITDA Margin %	-40.22	-27.93	-4.4	-1.34	0.67
EBITA Margin %	-40.93	-29.29	-5.29	-2.16	-0.14
EBIT Margin %	-40.93	-29.29	-5.29	-2.16	-0.14
Income From Continuing Operations Margin %	-41.96	-26.37	-0.26	3.33	9.64
Net Income Margin %	-41.96	-26.37	-0.26	3.33	9.64
Net Avail. For Common Margin %	-44.62	-26.37	-0.26	3.33	9.64
Normalized Net Income Margin	-25.75	-15.59	0.28	2.21	2.93
Levered Free Cash Flow Margin	23.8	7.55	23.88	27.34	20.74
Unlevered Free Cash Flow Margin	23.88	7.56	23.88	27.34	20.74
Asset Turnover
Asset Turnover	0.57	0.53	0.63	0.66	0.65
Fixed Assets Turnover	30.29	8.57	7.43	8.94	7.69
Receivables Turnover (Average Receivables)	49.62	47.76	46.87	44.47	43.72
Short Term Liquidity
Current Ratio	4	3.1	2.82	2.66	2.5
Quick Ratio	3.94	3.04	2.74	2.61	2.39
Operating Cash Flow to Current Liabilities	0.07	0.09	0.52	0.54	0.47
Days Sales Outstanding (Average Receivables)	7.36	7.64	7.79	8.23	8.35
Average Days Payable Outstanding	230.84	84.89	72.81	106.68	110.53
Long Term Solvency
Total Debt/Equity	0.01	11.43	7.52	10.29	13.54
Total Debt / Total Capital	0.01	10.26	6.99	9.33	11.92
LT Debt/Equity	-	8.63	5.28	7.48	11.46
Long-Term Debt / Total Capital	-	7.74	4.91	6.78	10.1
Total Liabilities / Total Assets	24.62	34.58	36.23	38.88	40.81
EBIT / Interest Expense	-311.42	-2.45K	-	-	-
EBITDA / Interest Expense	-305.99	-2.07K	-	-	-
(EBITDA - Capex) / Interest Expense	-334.58	-2.33K	-	-	-
Total Debt / EBITDA	-0	-0.6	-5.69	7.59	3.99
Net Debt / EBITDA	7.16	6.29	98.13	-96.97	-35.42
Total Debt / (EBITDA - Capex)	-0	-0.54	-3.28	138.07	7.71
Net Debt / (EBITDA - Capex)	6.54	5.59	56.56	-1.77K	-68.36
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	91.25	68.43	40.59	33.21	26.75
Gross Profit, 1 Yr. Growth %	94.13	68.13	43.44	33.78	26.56
EBITDA, 1 Yr. Growth %	-16.76	16.96	-77.84	-59.34	-162.92
EBITA, 1 Yr. Growth %	-16.22	20.53	-74.62	-45.49	-91.69
EBIT, 1 Yr. Growth %	-16.22	20.53	-74.62	-45.49	-91.69
Earnings From Cont. Operations, 1 Yr. Growth %	-15.05	5.86	-98.63	-1.82K	266.8
Net Income, 1 Yr. Growth %	-15.05	5.86	-98.63	-1.82K	266.8
Normalized Net Income, 1 Yr. Growth %	-15.36	1.97	-102.57	932.29	68.15
Diluted EPS Before Extra, 1 Yr. Growth %	-68.04	-34.08	-98.7	-1.65K	261.29
Accounts Receivable, 1 Yr. Growth %	117.57	55.44	35.42	44.07	18.4
Net Property, Plant and Equip., 1 Yr. Growth %	167.26	618.49	-15.39	41.61	51.38
Total Assets, 1 Yr. Growth %	492.8	11.34	22.77	32.13	24.98
Tangible Book Value, 1 Yr. Growth %	-418.71	-3.88	19.7	27.07	21.08
Common Equity, 1 Yr. Growth %	-423.32	-3.36	19.68	26.64	21.02
Cash From Operations, 1 Yr. Growth %	-143.99	65.93	693.74	44.41	7.26
Capital Expenditures, 1 Yr. Growth %	165.43	38.22	-50.63	67.21	54.13
Levered Free Cash Flow, 1 Yr. Growth %	363.22	-46.54	344.42	52.52	-3.87
Unlevered Free Cash Flow, 1 Yr. Growth %	352.83	-46.67	343.98	52.52	-3.87
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	98.65	79.48	53.88	36.85	29.94
Gross Profit, 2 Yr. CAGR %	101.77	80.66	55.29	38.52	30.12
EBITDA, 2 Yr. CAGR %	16.04	-1.33	-49.09	-69.98	-49.42
EBITA, 2 Yr. CAGR %	16.76	0.49	-44.69	-62.8	-78.72
EBIT, 2 Yr. CAGR %	16.76	0.49	-44.69	-62.8	-78.72
Earnings From Cont. Operations, 2 Yr. CAGR %	18.8	-5.17	-87.95	-51.37	695.37
Net Income, 2 Yr. CAGR %	18.8	-5.17	-87.95	-51.37	695.37
Normalized Net Income, 2 Yr. CAGR %	18.17	-7.1	-83.81	-48.5	316.62
Diluted EPS Before Extra, 2 Yr. CAGR %	-29.89	-54.1	-90.75	-54.46	648.34
Accounts Receivable, 2 Yr. CAGR %	57.3	83.9	45.08	39.68	30.6
Net Property, Plant and Equip., 2 Yr. CAGR %	129.01	338.2	146.56	9.46	46.42
Total Assets, 2 Yr. CAGR %	124.5	156.91	16.92	27.36	28.51
Tangible Book Value, 2 Yr. CAGR %	130.94	75.03	7.27	23.33	24.04
Common Equity, 2 Yr. CAGR %	132.06	76.76	7.54	23.11	23.8
Cash From Operations, 2 Yr. CAGR %	-33.2	-14.56	262.91	238.56	24.46
Capital Expenditures, 2 Yr. CAGR %	187.37	91.54	-17.39	-9.14	60.53
Levered Free Cash Flow, 2 Yr. CAGR %	-	57.37	54.14	160.35	21.08
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	55.4	53.88	160.22	21.08
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	88.02	65.45	46.66	33.39
Gross Profit, 3 Yr. CAGR %	-	89.87	67.29	47.76	34.41
EBITDA, 3 Yr. CAGR %	-	16.35	-40.02	-52.77	-61.58
EBITA, 3 Yr. CAGR %	-	18	-36.48	-44.96	-77.43
EBIT, 3 Yr. CAGR %	-	18	-36.48	-44.96	-77.43
Earnings From Cont. Operations, 3 Yr. CAGR %	-	14.32	-76.9	-36.97	-4.62
Net Income, 3 Yr. CAGR %	-	14.32	-76.9	-36.97	-4.62
Normalized Net Income, 3 Yr. CAGR %	-	12.5	-71.91	-35.33	-23.6
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-31.32	-86.02	-48.48	-9.18
Accounts Receivable, 3 Yr. CAGR %	-	56.67	66.06	44.74	32.19
Net Property, Plant and Equip., 3 Yr. CAGR %	-	235.26	153.27	104.95	21.95
Total Assets, 3 Yr. CAGR %	-	77.71	100.86	21.78	26.57
Tangible Book Value, 3 Yr. CAGR %	-	72.43	54.21	13.5	22.58
Common Equity, 3 Yr. CAGR %	-	73.29	55.21	13.57	22.41
Cash From Operations, 3 Yr. CAGR %	-	-9.53	79.61	166.93	130.8
Capital Expenditures, 3 Yr. CAGR %	-	125.16	21.9	4.5	8.36
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	122.44	53.6	86.78
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	120.51	53.43	86.72
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	65.58	50.21
Gross Profit, 5 Yr. CAGR %	-	-	-	67.37	51.29
EBITDA, 5 Yr. CAGR %	-	-	-	-32.33	-43.98
EBITA, 5 Yr. CAGR %	-	-	-	-25.64	-58.98
EBIT, 5 Yr. CAGR %	-	-	-	-25.64	-58.98
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-18.78	-4.84
Net Income, 5 Yr. CAGR %	-	-	-	-18.78	-4.84
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-17.7	-17.39
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-41.72	-30.87
Accounts Receivable, 5 Yr. CAGR %	-	-	-	49.64	50.85
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	114.25	103.42
Total Assets, 5 Yr. CAGR %	-	-	-	55.54	68
Tangible Book Value, 5 Yr. CAGR %	-	-	-	50.8	41.35
Common Equity, 5 Yr. CAGR %	-	-	-	51.14	41.79
Cash From Operations, 5 Yr. CAGR %	-	-	-	53.38	55.1
Capital Expenditures, 5 Yr. CAGR %	-	-	-	56.62	36.09
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	74.41
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	73.5