monday.com (MNDY) Financials

$293.19 -4.01 (-1.35%)

Closing price 04:00 PM Eastern

Extended Trading

$289.66 -3.53 (-1.20%)

As of 07:53 PM Eastern

Annual Income Statements for monday.com

This table shows monday.com's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Income / (Loss) Attributable to Common Shareholders	32	-1.88	-137	-129	-152	-92
Consolidated Net Income / (Loss)	32	-1.88	-137	-129	-152	-92
Net Income / (Loss) Continuing Operations	32	-1.88	-137	-129	-152	-92
Total Pre-Tax Income	34	3.33	-129	-127	-150	-91
Total Operating Income	-21	-39	-152	-126	-151	-93
Total Gross Profit	868	649	453	269	139	66
Total Revenue	972	730	519	308	161	78
Operating Revenue	972	730	519	308	161	78
Total Cost of Revenue	104	81	67	39	22	12
Operating Cost of Revenue	104	81	67	39	22	12
Total Operating Expenses	889	688	605	395	289	159
Selling, General & Admin Expense	142	93	85	53	54	15
Marketing Expense	534	438	392	268	191	119
Research & Development Expense	214	157	127	74	43	25
Total Other Income / (Expense), net	56	42	23	-0.84	0.53	1.59
Income Tax Expense	2.09	5.20	7.41	2.33	2.19	0.68
Basic Earnings per Share	$0.65	($0.04)	($2.99)	($4.53)	($14.19)	($9.22)
Weighted Average Basic Shares Outstanding	49.91M	48.37M	45.80M	30.33M	12.05M	11.35M
Diluted Earnings per Share	$0.62	($0.04)	($2.99)	($4.53)	($14.19)	($9.22)
Weighted Average Diluted Shares Outstanding	52.42M	48.37M	45.80M	30.33M	12.05M	11.35M
Weighted Average Basic & Diluted Shares Outstanding	50.77M	48.92M	47.74M	30.33M	12.05M	11.35M

No quarterly income statements for monday.com are available.

This table details how cash moves in and out of monday.com's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Change in Cash & Equivalents	295	230	-0.92	755	-40	135
Net Cash From Operating Activities	311	215	27	16	-37	-37
Net Cash From Continuing Operating Activities	311	215	27	16	-37	-37
Net Income / (Loss) Continuing Operations	32	-1.88	-137	-129	-152	-92
Consolidated Net Income / (Loss)	32	-1.88	-137	-129	-152	-92
Depreciation Expense	12	9.02	8.57	2.75	1.89	0.58
Amortization Expense	-0.23	0.00	0.00	-	-	-
Non-Cash Adjustments To Reconcile Net Income	148	100	105	74	64	22
Changes in Operating Assets and Liabilities, net	119	108	51	69	49	33
Net Cash From Investing Activities	-71	-10	-19	-3.63	-11	13
Net Cash From Continuing Investing Activities	-71	-10	-19	-3.63	-11	13
Purchase of Property, Plant & Equipment	-15	-10	-19	-14	-5.48	-1.77
Acquisitions	-6.00	0.00	0.00	-	-	-
Purchase of Investments	-50	0.00	0.00	-	-	-
Net Cash From Financing Activities	55	25	-9.06	742	8.47	158
Net Cash From Continuing Financing Activities	55	25	-9.06	742	8.47	158
Repayment of Debt	0.00	0.00	-0.08	-21	8.00	8.50
Other Financing Activities, net	55	25	-8.97	27	0.47	0.10
Cash Interest Paid	0.00	0.03	0.06	0.42	0.69	0.52
Cash Income Taxes Paid	6.21	7.56	5.91	3.30	2.49	0.25

No quarterly cash flow statements for monday.com are available.

This table presents monday.com's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	1,686	1,276	1,039	933	157
Total Current Assets	1,532	1,173	924	913	148
Cash & Equivalents	1,412	1,116	886	887	130
Short-Term Investments	50	0.00	-	-	-
Accounts Receivable	26	18	13	8.51	3.91
Prepaid Expenses	45	39	25	18	3.90
Other Current Assets	0.00	0.00	0.00	0.00	10
Plant, Property, & Equipment, net	42	37	34	20	7.18
Total Noncurrent Assets	112	65	81	0.10	2.62
Other Noncurrent Operating Assets	112	65	81	0.10	2.62
Total Liabilities & Shareholders' Equity	1,686	1,276	1,039	933	157
Total Liabilities	655	462	359	230	141
Total Current Liabilities	576	416	298	228	140
Accounts Payable	36	25	7.34	24	26
Accrued Expenses	171	107	74	70	23
Current Deferred Revenue	340	266	198	134	71
Other Current Liabilities	29	18	19	0.00	-
Total Noncurrent Liabilities	80	46	61	1.61	1.05
Noncurrent Deferred Revenue	2.64	3.19	2.44	1.61	-
Other Noncurrent Operating Liabilities	77	43	59	0.00	1.05
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,030	814	680	703	-218
Total Preferred & Common Equity	1,030	814	680	703	-218
Total Common Equity	1,030	814	680	703	-218
Common Stock	1,579	1,388	1,265	1,148	99
Retained Earnings	-552	-584	-583	-446	-316
Accumulated Other Comprehensive Income / (Loss)	3.19	9.80	-3.21	0.59	0.00

No quarterly balance sheets for monday.com are available.

This table displays calculated financial ratios and metrics derived from monday.com's official financial filings.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Growth Metrics	-	-	-	-	-	-
Revenue Growth	33.21%	40.59%	68.43%	91.25%	106.33%	0.00%
EBITDA Growth	68.19%	79.39%	-16.27%	17.00%	-64.53%	0.00%
EBIT Growth	45.49%	74.62%	-20.53%	16.22%	-65.56%	0.00%
NOPAT Growth	-190.73%	120.46%	-20.53%	16.22%	-62.71%	0.00%
Net Income Growth	1,824.67%	98.63%	-5.86%	15.05%	-66.14%	0.00%
EPS Growth	1,650.00%	98.66%	34.00%	68.08%	-53.90%	0.00%
Operating Cash Flow Growth	44.41%	693.74%	65.93%	143.99%	-1.43%	0.00%
Free Cash Flow Firm Growth	-7.82%	241.31%	-3,785.25%	118.14%	0.00%	0.00%
Invested Capital Growth	-42.55%	-46.79%	-12.40%	-97.52%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	89.33%	88.95%	87.18%	87.34%	86.04%	84.66%
EBITDA Margin	-0.97%	-4.05%	-27.64%	-40.04%	-92.26%	-115.70%
Operating Margin	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%	-118.48%
EBIT Margin	-2.16%	-5.29%	-29.29%	-40.93%	-93.43%	-116.44%
Profit (Net Income) Margin	3.33%	-0.26%	-26.37%	-41.96%	-94.46%	-117.32%
Tax Burden Percent	93.92%	-56.43%	105.72%	101.84%	101.46%	100.75%
Interest Burden Percent	-163.86%	-8.62%	85.16%	100.66%	99.65%	100.00%
Effective Tax Rate	6.08%	156.43%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	3.51%	-0.25%	-19.79%	-35.95%	-954.91%	0.00%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-1.42%	-3.33%	-15.42%	-23.13%	-95.63%	0.00%
Return on Assets (ROA)	2.19%	-0.16%	-13.88%	-23.71%	-96.69%	0.00%
Return on Common Equity (ROCE)	3.51%	-0.25%	-19.79%	-24.28%	13,033.89%	0.00%
Return on Equity Simple (ROE_SIMPLE)	3.14%	-0.23%	-20.14%	-18.38%	69.96%	0.00%
Net Operating Profit after Tax (NOPAT)	-20	22	-106	-88	-105	-65
NOPAT Margin	-2.03%	2.98%	-20.50%	-28.65%	-65.40%	-82.93%
Net Nonoperating Expense Percent (NNEP)	4.04%	-2.36%	-3.44%	-8.24%	-86.08%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-1.92%	2.68%	-15.65%	-	-	-
Cost of Revenue to Revenue	10.67%	11.05%	12.82%	12.66%	13.96%	15.34%
SG&A Expenses to Revenue	14.62%	12.71%	16.45%	17.36%	33.73%	19.80%
R&D to Revenue	21.99%	21.45%	24.48%	23.91%	26.99%	31.55%
Operating Expenses to Revenue	91.50%	94.24%	116.47%	128.27%	179.47%	203.14%
Earnings before Interest and Taxes (EBIT)	-21	-39	-152	-126	-151	-91
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-9.40	-30	-143	-123	-149	-90
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	11.18	11.02	8.06	1.62	0.00	0.00
Price to Tangible Book Value (P/TBV)	11.18	11.02	8.06	1.62	0.00	0.00
Price to Revenue (P/Rev)	11.85	12.29	10.56	3.71	3.56	7.34
Price to Earnings (P/E)	355.82	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	10.35	10.76	8.85	0.83	4.33	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	360.48	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	32.33	36.44	169.31	15.62	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	92.27	66.39	0.00	112.51	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	1.32	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-1.40	-1.34	-1.28	-1.38	-6.83	0.00
Leverage Ratio	1.61	1.55	1.43	1.52	9.88	0.00
Compound Leverage Factor	-2.63	-0.13	1.21	1.53	9.84	0.00
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	56.87%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	56.87%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	631.84%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	-588.71%	0.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	-0.14	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.73	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	-0.20	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	1.03	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	11.31	12.18	9.11	3.08	-2.46	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	32.46%	1,464.94%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	2.66	2.82	3.10	4.00	1.05	0.00
Quick Ratio	2.58	2.73	3.01	3.92	0.95	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	109	118	-84	2.27	-13	0.00
Operating Cash Flow to CapEx	2,041.78%	2,059.51%	142.82%	120.00%	-678.25%	-2,074.14%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.66	0.63	0.53	0.57	1.02	0.00
Accounts Receivable Turnover	44.47	46.87	47.76	49.62	41.20	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	24.61	20.32	19.22	23.02	22.45	0.00
Accounts Payable Turnover	3.43	5.01	4.30	1.58	0.87	0.00
Days Sales Outstanding (DSO)	8.21	7.79	7.64	7.36	8.86	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	106.39	72.81	84.89	230.84	417.69	0.00
Cash Conversion Cycle (CCC)	-98.18	-65.02	-77.25	-223.48	-408.83	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	-431	-303	-206	-183	-93	0.00
Invested Capital Turnover	-2.65	-2.87	-2.66	-2.23	-3.47	0.00
Increase / (Decrease) in Invested Capital	-129	-96	-23	-91	-93	0.00
Enterprise Value (EV)	10,057	7,850	4,595	255	698	0.00
Market Capitalization	11,519	8,966	5,481	1,142	574	574
Book Value per Share	$21.06	$17.04	$15.13	$23.19	($18.06)	$0.00
Tangible Book Value per Share	$21.06	$17.04	$15.13	$23.19	($18.06)	$0.00
Total Capital	1,030	814	680	703	37	0.00
Total Debt	0.00	0.00	0.00	0.00	21	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-1,462	-1,116	-886	-887	-109	0.00
Capital Expenditures (CapEx)	15	10	19	14	5.48	1.77
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-505	-359	-260	-202	-102	0.00
Debt-free Net Working Capital (DFNWC)	957	757	626	685	28	0.00
Net Working Capital (NWC)	957	757	626	685	7.19	0.00
Net Nonoperating Expense (NNE)	-52	24	30	41	47	27
Net Nonoperating Obligations (NNO)	-1,462	-1,116	-886	-887	-109	0.00
Total Depreciation and Amortization (D&A)	12	9.02	8.57	2.75	1.89	0.58
Debt-free, Cash-free Net Working Capital to Revenue	-51.95%	-49.20%	-50.15%	-65.39%	-63.06%	0.00%
Debt-free Net Working Capital to Revenue	98.42%	103.76%	120.54%	222.39%	17.50%	0.00%
Net Working Capital to Revenue	98.42%	103.76%	120.54%	222.39%	4.46%	0.00%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.65	($0.04)	($2.99)	($4.53)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	49.91M	48.37M	45.80M	44.92M	0.00	0.00
Adjusted Diluted Earnings per Share	$0.62	($0.04)	($2.99)	($4.53)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	52.42M	48.37M	45.80M	44.92M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	($4.53)	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	50.77M	48.92M	47.74M	30.33M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-20	-27	-106	-88	-105	-65
Normalized NOPAT Margin	-2.03%	-3.70%	-20.50%	-28.65%	-65.40%	-82.93%
Pre Tax Income Margin	3.55%	0.46%	-24.94%	-41.20%	-93.10%	-116.44%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for monday.com are available.

Frequently Asked Questions About monday.com's Financials

When does monday.com's financial year end?

According to the most recent income statement we have on file, monday.com's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has monday.com's net income changed over the last 5 years?

monday.com's net income appears to be on a downward trend, with a most recent value of $32.37 million in 2024, falling from -$91.61 million in 2019. The previous period was -$1.88 million in 2023. Find out what analysts predict for monday.com in the coming months.

What is monday.com's operating income?

monday.com's total operating income in 2024 was -$21.03 million, based on the following breakdown:

Total Gross Profit: $868.30 million
Total Operating Expenses: $889.34 million

How has monday.com revenue changed over the last 5 years?

Over the last 5 years, monday.com's total revenue changed from $78.09 million in 2019 to $972.00 million in 2024, a change of 1,144.7%.

How much debt does monday.com have?

monday.com's total liabilities were at $655.28 million at the end of 2024, a 41.8% increase from 2023, and a 363.2% increase since 2020.

How much cash does monday.com have?

In the past 4 years, monday.com's cash and equivalents has ranged from $129.81 million in 2020 to $1.41 billion in 2024, and is currently $1.41 billion as of their latest financial filing in 2024.

How has monday.com's book value per share changed over the last 5 years?

Over the last 5 years, monday.com's book value per share changed from 0.00 in 2019 to 21.06 in 2024, a change of 2,105.8%.

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This page (NASDAQ:MNDY) was last updated on 5/29/2025 by MarketBeat.com Staff

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monday.com (MNDY) Financials

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monday.com (MNDY) Financials

Annual Income Statements for monday.com

Quarterly Income Statements for monday.com

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Quarterly Cash Flow Statements for monday.com

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