Monster Beverage Financial Statements
NASDAQ: MNSTConsumer DefensiveBeverages - Non-AlcoholicUSD
At close: Oct 7, 4:00 PM ET · Delayed 15 min
After hours: 42.88 0.00%
Monster Beverage revenue and earnings
In fiscal 2025, Monster Beverage generated $8.29 billion in revenue, up 10.7% from fiscal 2024, its 17th consecutive year of revenue growth. Net income was $1.91 billion (+26.3% year over year), for a net margin of 23.0% versus a median of 22.8% in the prior 5 years. Gross margin was 55.8% (up from 54.0%) and operating margin 29.2%.
Diluted earnings per share came in at $1.94, up from $1.49. Over the last 5 fiscal years, MNST's revenue has grown at a 12.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Monster Beverage income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.29B | 7.49B | 7.14B | 6.31B | 5.54B | 4.60B | 4.20B | 3.81B | 3.37B | 3.05B |
| Revenue growth (YoY) | +10.70% | +4.94% | +13.14% | +13.89% | +20.50% | +9.47% | +10.34% | +13.00% | +10.48% | +12.00% |
| Cost of Revenue | 3.66B | 3.44B | 3.35B | 3.14B | 2.43B | 1.87B | 1.68B | 1.51B | 1.23B | 1.11B |
| Gross Profit | 4.63B | 4.05B | 3.79B | 3.17B | 3.11B | 2.72B | 2.52B | 2.30B | 2.14B | 1.94B |
| Operating Expenses | 2.21B | 2.12B | 1.84B | 1.59B | 1.31B | 1.09B | 1.12B | 1.01B | 938.90M | 856.66M |
| Operating Income | 2.42B | 1.93B | 1.95B | 1.58B | 1.80B | 1.63B | 1.40B | 1.28B | 1.20B | 1.09B |
| Other Income (Expense) | 63.17M | 59.16M | 115.13M | -12.76M | 3.95M | -7.00M | 13.02M | 9.65M | 2.84M | -5.65M |
| Pretax Income | 2.48B | 1.99B | 2.07B | 1.57B | 1.80B | 1.63B | 1.42B | 1.29B | 1.20B | 1.08B |
| Income Tax | 577.10M | 480.41M | 437.49M | 380.34M | 423.94M | 216.56M | 308.13M | 300.27M | 380.94M | 367.00M |
| Net Income | 1.91B | 1.51B | 1.63B | 1.19B | 1.38B | 1.41B | 1.11B | 993.00M | 820.68M | 712.68M |
| Net Income growth (YoY) | +26.27% | -7.48% | +36.87% | -13.49% | -2.28% | +27.24% | +11.56% | +21.00% | +15.15% | +30.35% |
| EPS (Basic) | 1.95 | 1.50 | 1.56 | 1.13 | 1.30 | 2.66 | 2.04 | 1.78 | 1.45 | 1.21 |
| EPS (Diluted) | 1.94 | 1.49 | 1.54 | 1.12 | 1.29 | 2.64 | 2.03 | 1.76 | 1.42 | 1.19 |
| Shares Outstanding (Basic) | 975.89M | 1.00B | 1.04B | 1.05B | 1.06B | 529.64M | 542.19M | 557.17M | 566.78M | 587.87M |
| Shares Outstanding (Diluted) | 984.45M | 1.01B | 1.06B | 1.07B | 1.07B | 534.81M | 546.61M | 564.25M | 577.14M | 599.82M |
| EBITDA | 2.53B | 2.01B | 2.02B | 1.65B | 1.85B | 1.69B | 1.46B | 1.34B | 1.25B | 1.13B |
| Gross Margin | 55.85% | 54.04% | 53.14% | 50.30% | 56.10% | 59.23% | 59.95% | 60.29% | 63.45% | 63.68% |
| Operating Margin | 29.17% | 25.76% | 27.36% | 25.11% | 32.44% | 35.51% | 33.40% | 33.72% | 35.58% | 35.59% |
| Net Margin | 22.97% | 20.14% | 22.84% | 18.88% | 24.86% | 30.65% | 26.37% | 26.08% | 24.36% | 23.37% |
This table shows 10 annual periods of Monster Beverage's income statement, from FY 2025 back to FY 2016, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow MNST's reporting calendar. What is a income statement?