Sunday 1 November 2026 Export MNST’s income statement to Excel — free account

Monster Beverage Corporation

MNST Consumer Defensive Beverages Non Alcoholic

Monster Beverage Corporation’s revenue for fiscal 2025 (year ended December 2025) was $8.3 billion, up 10.7% from fiscal 2024.

Revenue: +20.2%
EPS: +20.0%
Free cash flow: +8.01%

Quarter to June 2026, against a year earlier

47.34 0.99 +2.14%

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Market cap: $90.8B
P/E: 43.5×
Fwd P/E: 41.2×
Dividend yield: —
F-score: 9/9
Altman Z: 29.29
Beneish M: −2.29
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Filings

Monster Beverage Corporation (MNST) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Monster Energy Drinks	7,666	92.42%
Strategic Brands	469	5.65%
Alcohol Brands	135	1.62%
Other	25	0.30%
Gross margin		55.85%
Operating margin		29.17%
Pre-tax margin		29.93%

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Monster Energy Drinks	7,666 92.42%	6,865 91.62%	6,555 91.81%	5,833 92.43%	5,221 94.21%	4,305 93.62%	3,904 92.93%	3,498 91.89%	3,048 90.46%	2,760 90.51%
Strategic Brands	469 5.65%	432 5.77%	377 5.27%	353 5.60%	295 5.32%	266 5.79%	275 6.54%	286 7.51%	300 8.90%	273 8.94%
Alcohol Brands	135 1.62%	172 2.30%	185 2.59%	101 1.61%	—	—	—	—	—	—
Other	25 0.30%	24 0.31%	23 0.33%	23 0.36%	26 0.47%	27 0.59%	22 0.52%	23 0.60%	22 0.64%	17 0.56%
Revenue	8,294	7,493	7,140	6,311	5,541	4,599	4,201	3,807	3,369	3,049

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Monster Energy Drinks	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Strategic Brands	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Alcohol Brands	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
U.S. and Canada	5,073 61.16%	4,722 63.02%	4,610 64.57%	4,116 65.21%	3,640 65.69%	3,215 69.90%	2,996 71.31%	2,830 74.32%
EMEA	1,900 22.90%	1,563 20.87%	1,391 19.48%	1,229 19.47%	1,103 19.91%	746 16.22%	675 16.06%	579 15.20%
Latin America and Caribbean	698 8.42%	666 8.89%	625 8.75%	511 8.09%	325 5.87%	214 4.66%	179 4.26%	147 3.87%
Asia Pacific (including Oceania)	624 7.52%	541 7.22%	514 7.21%	456 7.23%	473 8.53%	424 9.22%	352 8.37%	251 6.60%
Revenue	8,294	7,493	7,140	6,311	5,541	4,599	4,201	3,807

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Energy Drink Case sales	Q2 FY2026	304.9M	249.3M	+22.30%

	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023
Energy Drink Case sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.