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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Number of Ordinary Shares
Number of Founder Share
Additional Paid-in Capital
Accumulated Other Comprehensive Income (loss)
 [1]
Accumulated Deficit
Total
Balance at Dec. 31, 2022     $ 1,265,477 $ (3,210) $ (582,527) $ 679,740
Balance, shares at Dec. 31, 2022 47,737,868 1        
Exercise of options     11,666 0 0 11,666
Exercise of options (in shares) 767,148 0        
Issuance of ordinary shares upon the vesting and settlement of restricted stock units     0 0 0 0
Issuance of ordinary shares upon the vesting and settlement of restricted stock units (in shares) 338,034 0        
Issuance of ordinary shares under employee share purchase plan     8,782 0 0 8,782
Issuance of ordinary shares under employee share purchase plan (in shares) 80,853 0        
Share-based compensation $ 0   102,183 0 0 102,183
Other comprehensive loss 0   0 13,014 0 13,014
Net Income (Loss) $ 0   0 0 (1,877) (1,877)
Balance at Dec. 31, 2023     1,388,108 9,804 (584,404) 813,508
Balance, shares at Dec. 31, 2023 48,923,903 1        
Exercise of options     29,421 0 0 29,421
Exercise of options (in shares) 1,220,551 0        
Issuance of ordinary shares upon the vesting and settlement of restricted stock units     0 0 0 0
Issuance of ordinary shares upon the vesting and settlement of restricted stock units (in shares) 483,508 0        
Issuance of ordinary shares under employee share purchase plan     13,284 0 0 13,284
Issuance of ordinary shares under employee share purchase plan (in shares) 77,375 0        
Share-based compensation $ 0   130,353 0 0 130,353
Share-based compensation – Foundation [2] 68,000   17,908 0 0 17,908
Other comprehensive loss 0   0 (6,615) 0 (6,615)
Net Income (Loss) $ 0   0 0 32,372 32,372
Balance at Dec. 31, 2024     1,579,074 3,189 (552,032) 1,030,231
Balance, shares at Dec. 31, 2024 50,773,337 1        
Exercise of options     19,134 0 0 $ 19,134
Exercise of options (in shares) 505,473 0       505,473
Issuance of ordinary shares upon the vesting and settlement of restricted stock units     0 0 0 $ 0
Issuance of ordinary shares upon the vesting and settlement of restricted stock units (in shares) 658,123 0        
Issuance of ordinary shares under employee share purchase plan     20,024 0 0 20,024
Issuance of ordinary shares under employee share purchase plan (in shares) 107,802 0        
Share-based compensation $ 0   178,825 0 0 178,825
Repurchase of ordinary shares (883,913)   (135,028) 0 0 (135,028)
Other comprehensive loss 0   0 14,908 0 14,908
Net Income (Loss) $ 0   0 0 118,742 118,742
Balance at Dec. 31, 2025     $ 1,662,029 $ 18,097 $ (433,290) $ 1,246,836
Balance, shares at Dec. 31, 2025 51,160,822 1        
[1] As of December 31, 2025 and 2024, accumulated other comprehensive income is comprised of unrealized gains on derivatives, net of tax of $17,747 and 2,982, respectively, and unrealized gains on marketable securities net of tax of $350 and $207, respectively.
[2] Represents the fair market value of 68,000 shares that the Company contributed to the monday.com foundation during 2024. See also Note 12.