Monster Beverage Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2008 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2008 - 2019
Revenue	7,659	7,493	7,140	6,311	5,541	4,599	Upgrade
Revenue Growth (YoY)	3.70%	4.94%	13.13%	13.89%	20.50%	9.47%	Upgrade
Cost of Revenue	3,433	3,444	3,346	3,136	2,433	1,875	Upgrade
Gross Profit	4,227	4,049	3,794	3,175	3,109	2,724	Upgrade
Selling, General & Admin	2,164	2,119	1,841	1,590	1,311	1,091	Upgrade
Operating Income	2,063	1,930	1,953	1,585	1,797	1,633	Upgrade
Interest Income	22.37	59.17	115.13	-12.76	3.95	-7	Upgrade
Total Non-Operating Income (Expense)	22.37	59.17	115.13	-12.76	3.95	-7	Upgrade
Pretax Income	2,085	1,989	2,068	1,572	1,801	1,626	Upgrade
Provision for Income Taxes	511.46	480.41	437.49	380.34	423.94	216.56	Upgrade
Net Income	1,573	1,509	1,631	1,192	1,377	1,410	Upgrade
Net Income to Common	1,573	1,509	1,631	1,192	1,377	1,410	Upgrade
Net Income Growth	-6.74%	-7.48%	36.87%	-13.49%	-2.28%	27.24%	Upgrade
Shares Outstanding (Basic)	974	1,005	1,045	1,054	1,058	1,059	Upgrade
Shares Outstanding (Diluted)	982	1,013	1,058	1,066	1,071	1,070	Upgrade
Shares Change (YoY)	-6.47%	-4.24%	-0.79%	-0.45%	0.16%	-2.16%	Upgrade
EPS (Basic)	1.61	1.50	1.56	1.13	1.30	1.33	Upgrade
EPS (Diluted)	1.61	1.49	1.54	1.12	1.29	1.32	Upgrade
EPS Growth	-	-3.25%	37.50%	-13.18%	-2.27%	30.05%	Upgrade
Free Cash Flow	1,855	1,664	1,496	698.97	1,112	1,315	Upgrade
Free Cash Flow Growth	11.45%	11.24%	114.07%	-37.14%	-15.47%	29.97%	Upgrade
Free Cash Flow Per Share	1.89	1.64	1.41	0.66	1.04	1.23	Upgrade
Gross Margin	55.18%	54.04%	53.14%	50.30%	56.10%	59.23%	Upgrade
Operating Margin	26.93%	25.76%	27.36%	25.11%	32.44%	35.51%	Upgrade
Profit Margin	20.54%	20.14%	22.84%	18.88%	24.86%	30.65%	Upgrade
FCF Margin	24.22%	22.21%	20.96%	11.08%	20.07%	28.61%	Upgrade
EBITDA	2,155	2,011	2,022	1,646	1,848	1,690	Upgrade
EBITDA Margin	28.14%	26.84%	28.32%	26.08%	33.34%	36.75%	Upgrade
EBIT	2,063	1,930	1,953	1,585	1,797	1,633	Upgrade
EBIT Margin	26.93%	25.76%	27.36%	25.11%	32.44%	35.51%	Upgrade
Effective Tax Rate	24.53%	24.15%	21.15%	24.20%	23.53%	13.32%	Upgrade

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.