Monster Beverage Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $8.29B | $7.49B | $7.14B | $6.31B | $5.54B | $4.60B | $4.20B |
| Monster Energy Drinks | — | $7.67B | $6.87B | $6.56B | — | — | — | — |
| Strategic Brands | — | $469.0M | $432.0M | $377.0M | — | — | — | — |
| Alcohol Brands | — | $135.0M | $172.0M | $185.0M | — | — | — | — |
| Other | — | $25.0M | $24.0M | $23.0M | — | — | — | — |
| Cost of Revenue | — | $3.66B | $3.44B | $3.35B | $3.14B | $2.43B | $1.87B | $1.68B |
| Gross Profit | — | $4.63B | $4.05B | $3.79B | $3.17B | $3.11B | $2.72B | $2.52B |
| Gross Margin | — | 55.8% | 54.0% | 53.1% | 50.3% | 56.1% | 59.2% | 60.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $2.42B | $1.93B | $1.95B | $1.58B | $1.80B | $1.63B | $1.40B |
| Operating Margin | — | 29.2% | 25.8% | 27.4% | 25.1% | 32.4% | 35.5% | 33.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $2.48B | $1.99B | $2.07B | $1.57B | $1.80B | $1.63B | $1.42B |
| Income Tax Expense | — | $577.1M | $480.4M | $437.5M | $380.3M | $423.9M | $216.6M | $308.1M |
| Net Income | — | $1.91B | $1.51B | $1.63B | $1.19B | $1.38B | $1.41B | $1.11B |
| Net Margin | — | 23.0% | 20.1% | 22.8% | 18.9% | 24.9% | 30.7% | 26.4% |
| EPS (Basic) | — | $1.95 | $1.50 | $1.56 | $1.13 | $1.30 | $1.33 | $1.02 |
| EPS (Diluted) | — | $1.94 | $1.49 | $1.54 | $1.12 | $1.29 | $1.32 | $1.02 |
| Shares Outstanding (Basic) | 978.3M | 975.9M | 1.00B | 1.04B | 1.05B | 1.06B | 1.06B | 1.08B |
| Shares Outstanding (Diluted) | 978.3M | 984.5M | 1.01B | 1.06B | 1.07B | 1.07B | 1.07B | 1.09B |
| Dividends Per Share | — | — | — | — | — | — | — | — |