How do Monster Beverage and Western Digital compare by revenue?

Monster Beverage reported revenue of $2.1B in Q4 FY2025, while Western Digital reported $3.0B in Q2 FY2026. Western Digital is 1.4× larger by last-quarter revenue.

Which is growing revenue faster, Monster Beverage or Western Digital?

Monster Beverage's latest revenue grew 17.6% year-over-year, versus 31.5% for Western Digital. Western Digital is growing faster on a YoY basis.

Which has a higher gross margin, Monster Beverage or Western Digital?

Monster Beverage's gross margin is 55.5% vs Western Digital's 45.7%. Monster Beverage converts more of each revenue dollar into gross profit.

Which has a higher net margin, Monster Beverage or Western Digital?

Monster Beverage's net margin is 21.1% vs Western Digital's 61.1%. Western Digital has the higher bottom-line margin.

What is the 2-year revenue CAGR for Monster Beverage vs Western Digital?

Over the trailing 8 quarters, Monster Beverage compounded revenue at roughly 5.9% per year, versus -6.6% for Western Digital. Monster Beverage has the faster medium-term growth trajectory.

Where does this MNST vs WDC data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

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Side-by-side financial comparison of Monster Beverage (MNST) and Western Digital (WDC). Click either name above to swap in a different company.

Western Digital is the larger business by last-quarter revenue ($3.0B vs $2.1B, roughly 1.4× Monster Beverage). Western Digital runs the higher net margin — 61.1% vs 21.1%, a 40.0% gap on every dollar of revenue. On growth, Western Digital posted the faster year-over-year revenue change (31.5% vs 17.6%). Over the past eight quarters, Monster Beverage's revenue compounded faster (5.9% CAGR vs -6.6%).

Monster BeverageMNSTEarnings & Financial Report

Nasdaq · Consumer Staples · Soft Drinks & Non-alcoholic Beverages

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.

Western DigitalWDCEarnings & Financial Report

Nasdaq · Information Technology · Technology Hardware, Storage & Peripherals

Western Digital Corporation, doing business as WD, is an American data storage company headquartered in San Jose, California. Established in 1970, the company is one of the world's largest manufacturers of hard disk drives (HDDs).

MNST vs WDC — Head-to-Head

Bigger by revenue

WDC

1.4× larger

$3.0B

$2.1B

Growing faster (revenue YoY)

WDC

+13.9% gap

31.5%

17.6%

Higher net margin

WDC

40.0% more per $

61.1%

21.1%

Faster 2-yr revenue CAGR

MNST

Annualised

5.9%

-6.6%

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric	MNST	WDC
Revenue	$2.1B	$3.0B
Net Profit	$449.2M	$1.8B
Gross Margin	55.5%	45.7%
Operating Margin	25.5%	30.1%
Net Margin	21.1%	61.1%
Revenue YoY	17.6%	31.5%
Net Profit YoY	65.9%	254.2%
EPS (diluted)	—	$4.73

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue

MNST

WDC

Q1 26	—	$3.0B
Q4 25	$2.1B	$2.8B
Q3 25	$2.2B	—
Q2 25	$2.1B	$-1.2B
Q1 25	$1.9B	$2.3B
Q4 24	$1.8B	$4.3B
Q3 24	$1.9B	$4.1B
Q2 24	$1.9B	$3.8B

Net Profit

MNST

WDC

Q1 26	—	$1.8B
Q4 25	$449.2M	$1.2B
Q3 25	$524.5M	—
Q2 25	$488.8M	$282.0M
Q1 25	$443.0M	$520.0M
Q4 24	$270.7M	$594.0M
Q3 24	$370.9M	$493.0M
Q2 24	$425.4M	$39.0M

Gross Margin

MNST

WDC

Q1 26	—	45.7%
Q4 25	55.5%	43.5%
Q3 25	55.7%	—
Q2 25	55.7%	—
Q1 25	56.5%	39.8%
Q4 24	55.3%	35.4%
Q3 24	53.2%	37.9%
Q2 24	53.6%	35.9%

Operating Margin

MNST

WDC

Q1 26	—	30.1%
Q4 25	25.5%	28.1%
Q3 25	30.7%	—
Q2 25	29.9%	—
Q1 25	30.7%	33.1%
Q4 24	21.0%	19.9%
Q3 24	25.5%	18.1%
Q2 24	27.7%	5.7%

Net Margin

MNST

WDC

Q1 26	—	61.1%
Q4 25	21.1%	41.9%
Q3 25	23.9%	—
Q2 25	23.1%	-24.4%
Q1 25	23.9%	22.7%
Q4 24	14.9%	13.9%
Q3 24	19.7%	12.0%
Q2 24	22.4%	1.0%

EPS (diluted)

MNST

WDC

Q1 26	—	$4.73
Q4 25	—	$3.07
Q3 25	—	—
Q2 25	—	$0.72
Q1 25	—	$1.42
Q4 24	—	$1.63
Q3 24	—	$1.35
Q2 24	—	$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric	MNST	WDC
Cash + ST InvestmentsLiquidity on hand	$2.8B	$2.0B
Total DebtLower is stronger	—	$4.7B
Stockholders' EquityBook value	$8.3B	$7.1B
Total Assets	$10.0B	$15.6B
Debt / EquityLower = less leverage	—	0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

MNST

WDC

Q1 26	—	$2.0B
Q4 25	$2.8B	$2.0B
Q3 25	$2.6B	—
Q2 25	$2.1B	$2.1B
Q1 25	$1.9B	$3.5B
Q4 24	$1.5B	$2.3B
Q3 24	$1.6B	$1.7B
Q2 24	$1.6B	$1.9B

Total Debt

MNST

WDC

Q1 26	—	$4.7B
Q4 25	—	$4.7B
Q3 25	—	—
Q2 25	—	$4.7B
Q1 25	$199.1M	$7.3B
Q4 24	$374.0M	$7.4B
Q3 24	$748.8M	$7.4B
Q2 24	$748.7M	$7.4B

Stockholders' Equity

MNST

WDC

Q1 26	—	$7.1B
Q4 25	$8.3B	$5.9B
Q3 25	$7.7B	—
Q2 25	$7.2B	$5.3B
Q1 25	$6.5B	$5.2B
Q4 24	$6.0B	$12.1B
Q3 24	$5.8B	$11.6B
Q2 24	$5.9B	$10.8B

Total Assets

MNST

WDC

Q1 26	—	$15.6B
Q4 25	$10.0B	$14.4B
Q3 25	$9.6B	—
Q2 25	$8.7B	$14.0B
Q1 25	$8.2B	$16.4B
Q4 24	$7.7B	$25.5B
Q3 24	$8.1B	$24.8B
Q2 24	$8.1B	$24.2B

Debt / Equity

MNST

WDC

Q1 26	—	0.65×
Q4 25	—	0.80×
Q3 25	—	—
Q2 25	—	0.89×
Q1 25	0.03×	1.42×
Q4 24	0.06×	0.61×
Q3 24	0.13×	0.64×
Q2 24	0.13×	0.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric	MNST	WDC
Operating Cash FlowLast quarter	$379.4M	—
Free Cash FlowOCF − Capex	$351.2M	—
FCF MarginFCF / Revenue	16.5%	—
Capex IntensityCapex / Revenue	1.3%	—
Cash ConversionOCF / Net Profit	0.84×	—
TTM Free Cash FlowTrailing 4 quarters	$2.0B	—