Monster Beverage

MNST · NASDAQ · USD

$42.14+1.25%+$0.52

Close · October 1, 2026

At a glance

Revenue growth: +10.70%; 2025 vs 2024
Net income growth: +26.27%; 2025 vs 2024
Net margin: 23.0%; 2024: 20.1%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total revenue	8,294	7,493	7,140	6,311	5,541	4,599	4,201	3,807	3,369	3,049
Cost of revenue	3,662	3,444	3,346	3,136	2,433	1,875	1,682	1,512	1,231	1,107
Gross profit	4,632	4,049	3,794	3,175	3,109	2,724	2,519	2,295	2,138	1,942
Selling, general and administrative	2,088	1,991	1,802	1,588	1,306	1,091	1,104	985	904	777
Operating income	2,544	2,057	1,992	1,587	1,803	1,633	1,414	1,310	1,234	1,165
EBIT	2,544	2,057	1,992	1,587	1,803	1,633	1,414	1,310	1,234	1,165
EBITDA	2,659	2,138	2,061	1,648	1,853	1,690	1,475	1,367	1,283	1,206
Interest expense	6.6	27.9	—	0.0	0.0	0.0	0.1	—	—	0.1
Pre-tax income	2,483	1,989	2,068	1,572	1,801	1,626	1,416	1,293	1,202	1,080
Income tax	577	480	437	380	424	217	308	300	381	367
Net income	1,905	1,509	1,631	1,192	1,377	1,410	1,108	993	821	713
Net income to common shareholders	1,905	1,509	1,631	1,192	1,377	1,410	1,108	993	821	713
Basic EPS	0.98	0.75	0.78	0.57	0.65	0.67	0.51	0.45	0.36	0.30
Diluted EPS	0.97	0.75	0.77	0.56	0.65	0.66	0.51	0.44	0.36	0.30
Average shares (basic)	1,952	2,009	2,090	2,107	2,115	2,119	2,169	2,229	2,267	2,351
Average shares (diluted)	1,969	2,026	2,116	2,133	2,143	2,139	2,186	2,257	2,309	2,399