Monster Beverage Corporation (MNST)

Monster Beverage Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,905	1,509	1,631	1,192	1,377
Depreciation & Amortization	114.44	80.43	68.9	61.24	50.16
Stock-Based Compensation	125.69	90.99	68.84	64.11	70.48
Other Adjustments	72.83	170.94	-21.61	57.53	19.52
Change in Receivables	-300.6	-93.92	-163.16	-128.98	-254.23
Changes in Inventories	-34.92	211.5	7.9	-347.71	-277.79
Changes in Accounts Payable	78.46	-61.49	112.79	49.77	114.3
Changes in Accrued Expenses	197.41	34.05	11.42	24.13	111.13
Changes in Income Taxes Payable	27.78	9.44	1.75	-16.86	7.23
Changes in Unearned Revenue	-23.01	-17.36	-24.47	-19.91	-22.66
Changes in Other Operating Activities	-65.34	25.41	-6.1	-47.25	-39.77
Operating Cash Flow	2,098	1,929	1,718	887.7	1,156
Operating Cash Flow Growth	8.80%	12.27%	93.51%	-23.19%	-15.28%
Capital Expenditures	-132.28	-264.07	-221.43	-188.73	-43.87
Sale of Property, Plant & Equipment	4.3	2.73	2.52	1.31	1.33
Purchases of Intangible Assets	-25.25	-42.36	-13.3	-23.43	-13.59
Purchases of Investments	-1,269	-342.12	-1,621	-1,847	-2,413
Proceeds from Sale of Investments	105.79	1,378	2,030	2,252	1,489
Payments for Business Acquisitions	-	-	-363.39	-329.47	-
Other Investing Activities	-0.4	1.64	-6.83	-26.34	-11.35
Investing Cash Flow	-1,317	733.73	-193.4	-161.37	-992.02
Short-Term Debt Issued	-10.34	741.78	-13.91	0.08	-
Short-Term Debt Repaid	-375	-375	-	-	-
Net Short-Term Debt Issued (Repaid)	-385.34	366.78	-13.91	0.08	-
Long-Term Debt Issued	-	-	-	-	2.93
Net Long-Term Debt Issued (Repaid)	-	-	-	-	2.93
Issuance of Common Stock	164.57	78.97	130.27	64.02	45.72
Repurchase of Common Stock	-103.65	-3,772	-658.95	-771.03	-13.83
Net Common Stock Issued (Repurchased)	60.92	-3,693	-528.69	-707.01	31.89
Other Financing Activities	-	-2.9	-	-	-
Financing Cash Flow	-324.42	-3,329	-542.6	-706.94	34.82
Effect of Exchange Rate Changes on Cash and Cash Equivalents	97.85	-97.62	8.78	-38.72	-52.49
Net Cash Flow	554.83	-764.39	990.53	-19.32	146.05
Free Cash Flow	1,966	1,664	1,496	698.97	1,112
Free Cash Flow Growth	18.11%	11.24%	114.07%	-37.14%	-15.47%
FCF Margin	23.70%	22.21%	20.96%	11.08%	20.07%
Free Cash Flow Per Share	2.00	1.64	1.41	0.66	1.04
Levered Free Cash Flow	1,683	1,894	1,568	706.39	1,279
Unlevered Free Cash Flow	2,019	1,482	1,491	715.98	1,273

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q