Monster Beverage revenue and financials
$43.25Change from previous close: −0.60%Absolute change: −$0.26
In the fiscal year ended December 2025, Monster Beverage reported revenue of $8.29B (+10.70% year over year). Net income was $1.91B, a net margin of 23.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
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.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 509 | 605 | 379 | 745 | 466 | 508 | 462 | 618 | 436 | 412 | 434 | 520 |
| Depreciation and amortization | 29.8 | 28.4 | 32.4 | 29.6 | 27.6 | 24.8 | 20.6 | 19.9 | 18.8 | 21.1 | 18.5 | 18.0 |
| Capital expenditure | -48.4 | -20.6 | -28.2 | -43.6 | -31.4 | -29.1 | -91.3 | -47.0 | -59.8 | -66.0 | -111 | -27.8 |
| Investing cash flow | -409 | -521 | -598 | -362 | -327 | -30.9 | -109 | -60.3 | 939 | -35.3 | 167 | -202 |
| Financing cash flow | 59.4 | -118 | -11.8 | -3.6 | -163 | -146 | -361 | -527 | -2,356 | -84.7 | -109 | -396 |
| Share repurchases | -0.0 | -134 | -59.7 | -27.3 | 0.0 | -16.6 | -1.7 | -536 | -3,114 | -120 | -171 | -397 |
| Debt issued | — | — | 0.0 | 0.0 | — | — | 0.0 | 0.0 | 750 | — | — | — |
| Debt repaid | -1.5 | -2.1 | -2.3 | -3.0 | -203 | -177 | -377 | -1.4 | -2.4 | -2.9 | -2.6 | -4.6 |
| Effect of exchange rates | -7.3 | -14.6 | 25.1 | -14.0 | 47.8 | 39.0 | -83.1 | 29.7 | -31.0 | -13.2 | 31.7 | -18.4 |
| Net change in cash | 153 | -48.4 | -205 | 366 | 23.5 | 370 | -92.1 | 60.6 | -1,012 | 279 | 524 | -95.9 |
| Free cash flow | 461 | 584 | 351 | 702 | 435 | 479 | 370 | 571 | 377 | 346 | 323 | 492 |
| Levered free cash flow | 318 | 518 | 205 | 640 | 321 | 349 | 272 | 478 | 326 | 238 | 152 | 412 |