monday.com annual r&d spending
2019
2020
2021
2022
2023
2024
2025
monday.com R&D Spending Growth & History (MNDY)
monday.com's r&d spending was $320.8M for fiscal 2025.
View full monday.com company overviewmonday.com annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $320.8M | $107.1M | +50.11% |
| 2024 | 2024-12-31 | $213.7M | $57.2M | +36.56% |
| 2023 | 2023-12-31 | $156.5M | $29.5M | +23.18% |
| 2022 | 2022-12-31 | $127.0M | $53.4M | +72.42% |
| 2021 | 2021-12-31 | $73.7M | $30.2M | +69.47% |
| 2020 | 2020-12-31 | $43.5M | $18.8M | +76.48% |
| 2019 | 2019-12-31 | $24.6M | — | — |
monday.com quarterly r&d spending
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $99.3M | $12.3M | +14.09% |
| Q1 2026 | 2026-03-31 | $92.0M | $22.6M | +32.62% |
| Q4 2025 | 2025-12-31 | $84.9M | — | — |
| Q3 2025 | 2025-09-30 | $79.5M | — | — |
| Q2 2025 | 2025-06-30 | $87.0M | — | — |
| Q1 2025 | 2025-03-31 | $69.4M | — | — |
monday.com r&d spending trends
Over the last five fiscal years, monday.com's r&d spending increased from $43.5M to $320.8M, a change of $277.3M. The latest reported quarter, Q2 2026, shows $99.3M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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