Monster Beverage Corporation (MNST)
NASDAQ: MNST · Real-Time Price · USD
45.57
+0.17 (0.37%)
At close: Nov 12, 2026, 4:00 PM EST
45.53
-0.04 (-0.09%)
After-hours: Nov 12, 2026, 7:57 PM EST
Monster Beverage Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 9,585 | 8,294 | 7,493 | 7,140 | 6,311 | 5,541 | |
Revenue Growth | 20.18% | 10.70% | 4.94% | 13.13% | 13.89% | 20.50% |
Cost of Revenue | 4,288 | 3,662 | 3,444 | 3,346 | 3,136 | 2,433 |
Gross Profit | 5,297 | 4,632 | 4,049 | 3,794 | 3,175 | 3,109 |
Selling, General & Admin | 2,441 | 2,088 | 1,991 | 1,802 | 1,588 | 1,306 |
Operating Expenses | 2,441 | 2,088 | 1,991 | 1,802 | 1,588 | 1,306 |
Operating Income | 2,856 | 2,544 | 2,057 | 1,992 | 1,587 | 1,803 |
Interest Expense | -2.1 | -6.6 | -27.9 | - | -0.02 | -0.02 |
Interest & Investment Income | 132 | 85.2 | 115 | - | - | - |
Currency Exchange Gain (Loss) | -15.7 | -11.9 | -26.4 | -60.2 | -37.9 | 0.3 |
Other Non Operating Income (Expenses) | -5.77 | -3.53 | -1.54 | 175.33 | 25.17 | 3.67 |
EBT Excluding Unusual Items | 2,965 | 2,607 | 2,117 | 2,107 | 1,574 | 1,807 |
Impairment of Goodwill | -86.3 | -86.3 | -86.3 | - | - | - |
Asset Writedown | -38.41 | -38.41 | -40.8 | -38.7 | -2.2 | - |
Other Unusual Items | - | - | - | - | - | -5.3 |
Pretax Income | 2,840 | 2,483 | 1,989 | 2,068 | 1,572 | 1,801 |
Income Tax Expense | 668.54 | 577.1 | 480.41 | 437.49 | 380.34 | 423.94 |
Net Income | 2,172 | 1,905 | 1,509 | 1,631 | 1,192 | 1,377 |
Net Income to Common | 2,172 | 1,905 | 1,509 | 1,631 | 1,192 | 1,377 |
Net Income Growth | 25.75% | 26.27% | -7.48% | 36.87% | -13.49% | -2.28% |
Shares Outstanding (Basic) | 1,957 | 1,952 | 2,009 | 2,090 | 2,107 | 2,115 |
Shares Outstanding (Diluted) | 1,977 | 1,969 | 2,026 | 2,116 | 2,133 | 2,143 |
Shares Change | 0.59% | -2.83% | -4.24% | -0.79% | -0.45% | 0.16% |
EPS (Basic) | 1.11 | 0.98 | 0.75 | 0.78 | 0.57 | 0.65 |
EPS (Diluted) | 1.10 | 0.97 | 0.74 | 0.77 | 0.56 | 0.65 |
EPS Growth | 25.27% | 30.20% | -3.25% | 37.50% | -13.18% | -2.27% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,921 | 1,966 | 1,664 | 1,496 | 698.97 | 1,112 |
Free Cash Flow Per Share | 0.97 | 1.00 | 0.82 | 0.71 | 0.33 | 0.52 |
Gross Margin | 55.27% | 55.85% | 54.04% | 53.14% | 50.30% | 56.10% |
Operating Margin | 29.80% | 30.67% | 27.46% | 27.90% | 25.14% | 32.53% |
Profit Margin | 22.66% | 22.97% | 20.14% | 22.84% | 18.88% | 24.86% |
Free Cash Flow Margin | 20.05% | 23.70% | 22.21% | 20.96% | 11.07% | 20.06% |
EBITDA | 2,979 | 2,659 | 2,138 | 2,061 | 1,648 | 1,853 |
EBITDA Margin | 31.08% | 32.05% | 28.53% | 28.87% | 26.11% | 33.44% |
D&A For EBITDA | 122.31 | 114.44 | 80.43 | 68.9 | 61.24 | 50.16 |
EBIT | 2,856 | 2,544 | 2,057 | 1,992 | 1,587 | 1,803 |
EBIT Margin | 29.80% | 30.67% | 27.46% | 27.90% | 25.14% | 32.53% |
Effective Tax Rate | 23.54% | 23.25% | 24.15% | 21.15% | 24.20% | 23.53% |
Advertising Expenses | - | 599.9 | 584.1 | 528.9 | 460.7 | 417.6 |