monday.com
Financial Performance
monday.com Revenue & Financials
Revenue
$1.2B (FY2025)
Market Cap
$3.6B
Net Income
$233.6M
Employees
3,155
What is monday.com's revenue?
monday.com had $1.2B in revenue for fiscal year 2025, up 26.7% from 2024. Net income was $233.6M.
- Latest revenue
- $1.2B (FY2025)
- Year-over-year
- +26.7%
- Growth rate (CAGR)
- 58.4% over 6 years
- Peak revenue
- $1.2B (FY2025)
- Years of data
- 7
- Employees
- 3,155
- How much profit does monday.com make?
- monday.com reported net income of $233.6M for fiscal year 2025. sec.gov
- How many employees does monday.com have?
- monday.com has about 3,155 employees.
Financial Analysis
monday.com's revenue grew from $78.1 million in 2019 to $972.0 million in 2024 and $1.232 billion in 2025 (+27%). The company moved from a $136.9 million net loss in 2022 to GAAP profit in 2024 ($32.4 million) and reported 2025 net income of $233.6 million, which included a $61.2 million non-cash tax benefit. Adjusted free cash flow reached $322.7 million in 2025 (26% margin), and the company ended the year with about $1.5 billion in cash. Growth slowed to 22% in Q2 2026 ($364.6 million revenue), while non-GAAP operating margin improved to 17%. Heavy performance-marketing spend has historically been the largest cost line, and softer self-serve demand drove a steep share-price decline in 2026.
Revenue Trend Analysis
YoY Change
+26.7%
6-Year CAGR
+58.4%
Peak Year
2025
Trend
Consistent Growth
monday.com has 7 full fiscal year figures on this page, compounding at +58.4% annually over 6 years. The most recent year saw a 26.7% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $1.2B. Of 6 comparable year-over-year steps, 6 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | $1.2B | $233.6M | +26.7% | monday.com Ltd. annual report (Form 10-K, SEC EDGAR, filed 2026-03-13) Fiscal year ended 2025-12-31. |
| FY2024 | $972M | $32.4M | +33.2% | monday.com Ltd. annual report (Form 10-K, SEC EDGAR, filed 2026-03-13) Fiscal year ended 2024-12-31. |
| FY2023 | $729.7M | -$1.9M | +40.6% | monday.com Ltd. annual report (Form 10-K, SEC EDGAR, filed 2026-03-13) Fiscal year ended 2023-12-31. |
| FY2022 | $519M | -$136.9M | +68.4% | monday.com Ltd. annual report (Form 10-K, SEC EDGAR, filed 2025-03-17) Fiscal year ended 2022-12-31. |
| FY2021 | $308.1M | -$129.3M | +91.3% | monday.com Ltd. annual report (Form 10-K, SEC EDGAR, filed 2024-03-14) Fiscal year ended 2021-12-31. |
| FY2020 | $161.1M | -$152.2M | +106.3% | monday.com Ltd. annual report (Form 10-K, SEC EDGAR, filed 2023-03-14) Fiscal year ended 2020-12-31. |
| FY2019 | $78.1M | -$91.6M | — | monday.com Ltd. annual report (Form 10-K, SEC EDGAR, filed 2022-03-16) Fiscal year ended 2019-12-31. |
Click any row to see year details.
monday.com balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 20-F, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $333.6M | $20.4M | $2.1B | $859.8M | $1.2B | $313.3M | Form 20-F |
| FY2024ended Dec 31, 2024 | $311.1M | $13.2M | $1.7B | $655.3M | $1B | $297.9M | Form 20-F |
| FY2023ended Dec 31, 2023 | $215.4M | $7.9M | $1.3B | $462.1M | $813.5M | $207.5M | Form 20-F |
| FY2022ended Dec 31, 2022 | $27.1M | $16M | $1B | $359.3M | $679.7M | $11.1M | Form 20-F |
| FY2021ended Dec 31, 2021 | $16.4M | $11.6M | $933.2M | $229.8M | $703.4M | $4.8M | Form 20-F |
| FY2020ended Dec 31, 2020 | -$37.2M | $4.4M | $157.4M | $141.5M | -$217.6M | -$41.5M | Form 20-F |
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monday.com Revenue and Financial FAQ
What is monday.com's annual revenue and financial growth rate?
monday.com reported revenue of $1.232 billion for fiscal 2025, up 27% from $972.0 million in 2024. Q2 2026 revenue was $364.6 million (+22%), and in August 2026 management reiterated full-year 2026 revenue guidance of $1.46 billion to $1.47 billion, about 20% growth.
What are monday.com's gross profit margins and free cash flow generation?
monday.com reported adjusted free cash flow of $322.7 million in fiscal 2025, a 26% margin, with a 14% non-GAAP operating margin. In Q2 2026 non-GAAP operating income hit a record $61.1 million (17% margin).
What was the landmark June 2021 Initial Public Offering (IPO) of monday.com?
On June 10, 2021, monday.com went public on the NASDAQ (ticker: MNDY) at $155 per share, raising $574 million at an initial market valuation of $6.8 billion, with major strategic investments from Zoom Video Communications and Salesforce Ventures.
What is monday.com's public market capitalization on the NASDAQ?
monday.com trades on NASDAQ under MNDY. Its market cap was about $3.6 billion in mid-September 2026, down more than 60% over the prior year as slower growth and AI disruption fears weighed on software stocks.
How many paying customers and enterprise accounts use monday.com?
monday.com serves more than 225,000 customers. As of June 30, 2026, 4,834 customers paid more than $50,000 in annual recurring revenue, up 31% year over year.
What is monday.com's fortress cash and liquid investment balance?
monday.com ended 2025 with about $1.5 billion in cash and roughly $735 million remaining under its share buyback authorization.
Why did monday.com stock fall in 2026?
MNDY shares fell more than 60% from their 52-week high of about $210 as revenue growth slowed toward 20%, self-serve customer acquisition softened and investors worried about AI's impact on per-seat software. JPMorgan downgraded the stock to Neutral on September 29, 2026, with an $87 target; shares closed near $76 that day.
How much does monday.com earn from AI products?
monday.com does not disclose AI revenue in dollars. It reported that ARR from AI products doubled from Q1 to Q2 2026 and accounted for 17% of net new ARR in Q2 2026.
How profitable is monday.com compared to other SaaS peers?
monday.com operates with industry-leading capital efficiency. It commands gross margins near ~90% and generates over $300 million in annual free cash flow on more than $1.2 billion in revenue. With zero long-term debt and over $1.3 billion in cash reserves, it is one of the few high-growth collaboration software firms operating with sustained GAAP and non-GAAP profitability.
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CorpDigest. "monday.com Revenue & Financials." CorpDigest, https://corpdigest.com/company/monday-com/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>monday.com reported $1.2B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/monday-com/financials" target="_blank" rel="noopener">CorpDigest — monday.com financials</a></div>Related Financial Audits
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