monday.com Results Presentation Deck
Reconciliation of non-GAAP financial measures
Non-GAAP operating loss
($ in thousands)
Reconciliation of gross profit:
GAAP gross profit
Add: Share-based compensation
Non-GAAP gross profit
Reconciliation of gross margin:
GAAP gross margin
Non-GAAP adjustments
Non-GAAP gross margin
Reconciliation of operating expenses:
GAAP research and development
Less: Share-based compensation
Non-GAAP research and development
GAAP sales and marketing
Less: Share-based compensation
Non-GAAP sales and marketing
Q4-20
43,461
975
44,436
87%
2%
89%
11,428
2,177
9,251
56,901
3,128
53,773
Q1-21
51,048
1,531
52,579
87%
2%
89%
15,581
4,537
11,044
63,048
4,034
59,014
Q2-21
61,507
1,833
63,340
87%
3%
90%
16,271
5,068
11,203
61,057
5,536
55,521
Q3-21
72,805
2,107
74,912
88%
2%
90%
19,875
5,620
14,255
67,443
6,448
60,995
Q4-21
83,777
2,210
85,987
88%
2%
90%
21,959
6,554
15,405
76,535
7,117
69,418View entire presentation