← monday.com Ltd.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $129.8m | $886.8m | $885.9m | $1.1b | $1.4b | $1.5b | |
| Accounts receivable - net of allowance for credit losses of $889 and $296 as of December 31, 2025 and 2024, respectively | $3.9m | $8.5m | $13.2m | $17.9m | $25.8m | $30.6m | |
| Prepaid expenses and other current assets | $3.9m | $18.2m | $24.7m | $39.1m | $44.8m | $93.1m | |
| Total current assets | $147.6m | $913.5m | $923.8m | $1.2b | $1.5b | $1.8b | |
| Property and equipment, net | $7.2m | $19.6m | $34.4m | $37.4m | $41.6m | $53.9m | |
| Operating lease right-of-use assets | — | $0 | $80.2m | $62.3m | $94.7m | $149.1m | |
| Other long-term assets | $2.6m | $100k | $585k | $2.8m | $17.0m | $55.8m | |
| Marketable securities | — | — | — | $0 | $50.0m | $162.3m | |
| Short term deposits | $10.0m | $0 | — | — | — | — | |
| Deferred tax assets, net | — | — | — | — | $0 | $58.7m | |
| Accrued expenses and other current liabilities | $23.0m | $70.1m | $73.7m | $106.7m | $171.0m | $234.4m | |
| Deferred revenue | $70.7m | $134.4m | $198.1m | $266.3m | $340.0m | $409.7m | |
| Operating lease liabilities, current | — | $0 | $19.1m | $18.2m | $29.0m | $25.8m | |
| Operating lease liabilities, non-current | — | $0 | $58.6m | $42.9m | $77.0m | $142.9m | |
| Ordinary shares, no par value - Authorized: 99,999,999 as of December 31, 2025, and 2024; Issued and Outstanding:51,160,822 and 50,773,337 as of December 31, 2025 and 2024, respectively | 0 | 0 | 0 | 0 | 0 | 0 | |
| Founders’ shares, no par value: Authorized: 1 share as of December 31, 2025, and 2024; Issued and Outstanding: 1 share as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total long-term assets | — | — | — | $102.5m | $153.3m | $317.5m | |
| Total long-term liabilities | — | — | — | — | $79.7m | $144.9m | |
| Total shareholders’ equity | ($217.6m) | $703.4m | $679.7m | $813.5m | $1.0b | $1.2b | |
| Total assets | $157.4m | $933.2m | $1.0b | $1.3b | $1.7b | $2.1b | |
| Accounts payable | $25.7m | $23.6m | $7.3m | $24.8m | $35.6m | $45.0m | |
| Deferred revenue, non-current | — | $1.6m | $2.4m | $3.2m | $2.6m | $1.9m | |
| Total current liabilities | $140.4m | $228.2m | $298.2m | $416.0m | $575.6m | $714.9m | |
| Total liabilities | $141.5m | $229.8m | $359.3m | $462.1m | $655.3m | $859.8m | |
| Additional paid-in capital | $98.8m | $1.1b | $1.3b | $1.4b | $1.6b | $1.7b | |
| Accumulated other comprehensive income | $0 | $594k | ($3.2m) | $9.8m | $3.2m | $18.1m | |
| Accumulated deficit | ($316.4m) | ($445.7m) | ($582.5m) | ($584.4m) | ($552.0m) | ($433.3m) | |
| Total liabilities, and shareholders’ equity | $157.4m | $933.2m | $1.0b | $1.3b | $1.7b | $2.1b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.