Monster BeverageMNSTEarnings & Financial Report
Monster Beverage Corporation is an American beverage company that manufactures energy drinks including Monster Energy, Relentless, Reign and Burn. The company was originally founded as Hansen's in 1935 in Southern California, originally selling juice products. The company renamed itself as Monster Beverage in 2012.
Revenue
$2.2B
Gross Profit
$1.2B
Operating Profit
$675.4M
Net Profit
$524.5M
Gross Margin
55.7%
Operating Margin
30.7%
Net Margin
23.9%
YoY Growth
16.8%
Monster Beverage Q3 FY2025 Financial Summary
Monster Beverage reported revenue of $2.2B (up 16.8% YoY) for Q3 FY2025, with a net profit of $524.5M (up 41.4% YoY) (23.9% margin). Cost of goods sold was $972.7M, operating expenses totaled $549.1M.
Key Financial Metrics
| Total Revenue | $2.2B |
|---|---|
| Net Profit | $524.5M |
| Gross Margin | 55.7% |
| Operating Margin | 30.7% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Monster Beverage Q3 FY2025 revenue of $2.2B breaks down across 4 segments, led by Monster Energy Drinks Segment at $1.2B (55.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Monster Energy Drinks Segment | $1.2B | 55.2% |
| Sales Revenue Product Line | $937.1M | 42.7% |
| Strategic Brands Segment | $55.0M | 2.5% |
| Alcohol Brands Segment | $33.0M | 1.5% |
Monster Beverage Revenue by Segment — Quarterly Trend
Monster Beverage revenue by segment across the last 4 reported quarters, showing how each business line (such as Monster Energy Drinks Segment and Sales Revenue Product Line) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Monster Energy Drinks Segment | $1.2B | $1.2B | $1.2B | $1.1B |
| Sales Revenue Product Line | $905.5M | $937.1M | $864.2M | $733.2M |
| Strategic Brands Segment | $50.3M | $55.0M | $59.5M | $43.6M |
| Alcohol Brands Segment | $29.0M | $33.0M | $38.0M | $34.7M |
Monster Beverage Annual Revenue by Year
Monster Beverage annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $8.3B |
| 2024 | $7.5B |
| 2023 | $7.1B |
| 2022 | $6.3B |
Monster Beverage Quarterly Revenue & Net Profit History
Monster Beverage results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $2.1B | +17.6% | $449.2M | 21.1% |
| Q3 FY2025 | $2.2B | +16.8% | $524.5M | 23.9% |
| Q2 FY2025 | $2.1B | +11.1% | $488.8M | 23.1% |
| Q1 FY2025 | $1.9B | -2.3% | $443.0M | 23.9% |
| Q4 FY2024 | $1.8B | +4.7% | $270.7M | 14.9% |
| Q3 FY2024 | $1.9B | +1.3% | $370.9M | 19.7% |
| Q2 FY2024 | $1.9B | +2.5% | $425.4M | 22.4% |
| Q1 FY2024 | $1.9B | +11.8% | $442.0M | 23.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.90B | $1.90B | $1.88B | $1.81B | $1.85B | $2.11B | $2.20B | $2.13B |
| YoY Growth | 11.8% | 2.5% | 1.3% | 4.7% | -2.3% | 11.1% | 16.8% | 17.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $10.10B | $8.06B | $8.05B | $7.72B | $8.23B | $8.73B | $9.61B | $9.99B |
| Liabilities | $1.52B | $2.19B | $2.27B | $1.76B | $1.71B | $1.54B | $1.87B | $1.73B |
| Equity | $8.58B | $5.87B | $5.78B | $5.96B | $6.52B | $7.19B | $7.75B | $8.25B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $412.1M | $436.3M | $618.4M | $461.7M | $507.6M | $466.0M | $745.1M | $379.4M |