monday.com Operating Expenses Growth & History (MNDY)
monday.com's operating expenses was $1.10B for fiscal 2025.
View full monday.com company overviewmonday.com annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.10B | $211.3M | +23.76% |
| 2024 | 2024-12-31 | $889.3M | $201.7M | +29.33% |
| 2023 | 2023-12-31 | $687.6M | $83.1M | +13.75% |
| 2022 | 2022-12-31 | $604.5M | $209.3M | +52.94% |
| 2021 | 2021-12-31 | $395.3M | $106.1M | +36.69% |
| 2020 | 2020-12-31 | $289.2M | $130.5M | +82.29% |
| 2019 | 2019-12-31 | $158.6M | — | — |
monday.com quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $302.1M | $22.7M | +8.12% |
| Q1 2026 | 2026-03-31 | $293.4M | $49.7M | +20.41% |
| Q4 2025 | 2025-12-31 | $294.2M | — | — |
| Q3 2025 | 2025-09-30 | $283.4M | — | — |
| Q2 2025 | 2025-06-30 | $279.4M | — | — |
| Q1 2025 | 2025-03-31 | $243.6M | — | — |
monday.com operating expenses trends
Over the last five fiscal years, monday.com's operating expenses increased from $289.2M to $1.10B, a change of $811.5M. The latest reported quarter, Q2 2026, shows $302.1M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review monday.com source filings ↗