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Monday.Com (Monday.Com) Gross Margin %

: 88.94% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Monday.Com's Gross Profit for the three months ended in Dec. 2023 was $180.2 Mil. Monday.Com's Revenue for the three months ended in Dec. 2023 was $202.6 Mil. Therefore, Monday.Com's Gross Margin % for the quarter that ended in Dec. 2023 was 88.94%.


The historical rank and industry rank for Monday.Com's Gross Margin % or its related term are showing as below:

MNDY' s Gross Margin % Range Over the Past 10 Years
Min: 84.66   Med: 87.18   Max: 88.95
Current: 88.95


During the past 5 years, the highest Gross Margin % of Monday.Com was 88.95%. The lowest was 84.66%. And the median was 87.18%.

MNDY's Gross Margin % is ranked better than
93.26% of 2627 companies
in the Software industry
Industry Median: 41.67 vs MNDY: 88.95

Monday.Com had a gross margin of 88.94% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Monday.Com was 0.00% per year.


Monday.Com Gross Margin % Historical Data

The historical data trend for Monday.Com's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Monday.Com Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
84.66 86.04 87.34 87.18 88.95

Monday.Com Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 88.42 89.51 88.89 88.53 88.94

Competitive Comparison

For the Software - Application subindustry, Monday.Com's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Monday.Com Gross Margin % Distribution

For the Software industry and Technology sector, Monday.Com's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Monday.Com's Gross Margin % falls into.



Monday.Com Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Monday.Com's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=649.1 / 729.695
=(Revenue - Cost of Goods Sold) / Revenue
=(729.695 - 80.645) / 729.695
=88.95 %

Monday.Com's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=180.2 / 202.57
=(Revenue - Cost of Goods Sold) / Revenue
=(202.57 - 22.408) / 202.57
=88.94 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Monday.Com  (NAS:MNDY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Monday.Com had a gross margin of 88.94% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Monday.Com Gross Margin % Related Terms

Thank you for viewing the detailed overview of Monday.Com's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Monday.Com (Monday.Com) Business Description

Traded in Other Exchanges
Address
6 Yitzhak Sadeh Street, Tel Aviv, ISR, 6777506
Monday.Com Ltd Work OS is an open platform that democratizes the power of software so organizations can easily build work management tools and software applications to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work while creating an environment of transparency in business. Monday.com operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, Sydney, Sao Paulo, and Tokyo.