Company Analysis

Monster Beverage Corporation (MNST)

Nasdaq: MNST · Bottled & Canned Soft Drinks & Carbonated Waters · Corona, CA · filing with the SEC since 1996
Grade7.6
◀ Past 7.0● Present 8.5▶ Future 6.9

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 27, 2026Feb 28, 2025Feb 29, 2024Mar 1, 2023Feb 28, 2022Mar 1, 2021Feb 28, 2020Feb 28, 2019Mar 1, 2018Mar 1, 2017
Revenue8,294,3437,492,7097,140,0276,311,0505,541,3524,598,6384,200,8193,807,1833,369,0453,049,393
Cost of revenue3,662,1483,443,8313,345,8213,136,4832,432,8391,874,7581,682,2341,511,8081,231,3551,107,393
Gross profit4,632,1954,048,8783,794,2063,174,5673,108,5132,723,8802,518,5852,295,3752,137,6901,942,000
Total operating expenses2,212,8412,118,5841,840,8511,589,8461,311,0461,090,7271,115,6461,011,756938,903856,662
Operating income2,419,3541,930,2941,953,3551,584,7211,797,4671,633,1531,402,9391,283,6191,198,7871,085,338
Other income (expense), net63,17559,165115,127-12,7573,952-6,99613,0239,653··
Total non-operating income (expense)······13,0239,6532,836-5,653
Income before income taxes2,482,5291,989,4592,068,4821,571,9641,801,4191,626,1571,415,9621,293,2721,201,6231,079,685
Income tax expense577,097480,411437,494380,340423,944216,563308,127300,268380,945367,000
Net income including non-controlling interests1,905,4321,509,0481,630,9881,191,6241,377,4751,409,5941,107,835993,004820,678712,685
Net income to common shareholders1,905,4321,509,0481,630,9881,191,6241,377,4751,409,5941,107,835993,004820,678712,685
Weighted average shares, basic975,8871,004,5661,044,8871,053,558r1,057,526r1,059,278b1,084,382b1,114,332b1,133,564b1,175,748b
Weighted average shares, diluted984,4511,013,1071,057,9811,066,442r1,071,278r1,069,614b1,093,216b1,128,508b1,154,282b1,199,638b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 2-for-1 split of Jul 2026.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueGoodsNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton MNST · research, not advice