Monster Beverage (MNST): financials, SEC filings and peers
Monster Beverage (MNST) is a soft drinks & non-alcoholic beverages company in the Consumer Staples sector of the S&P 500, headquartered in Corona, California.
It was founded in 2012 and joined the S&P 500 on June 28, 2012.
Its fiscal year ends in December, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “Bottled & Canned Soft Drinks & Carbonated Waters”.
Monster Beverage at a glance
- Revenue (12 months)
- $9.6B
- Revenue growth
- +20.2%
- Operating margin
- 28.5%
- Net income (12 months)
- $2.2B
- Free cash flow (12 months)
- $1.9B
- Cash
- $2.1B
- Debt
- —
- Diluted EPS (12 months)
- —
Twelve months to September 30, 2026, from the 10-Q filed November 6, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, Monster Beverage reported revenue of $9.6 billion, up 20.2% from a year earlier.
Its operating margin was 28.5%: for every $100 of sales, about $29 was left as operating profit.
Net income was $2.2 billion (22.7% of revenue), 25.7% higher than a year earlier.
Operating cash flow was $2.1 billion and capital spending $129 million, leaving free cash flow of $1.9 billion (20.0% of revenue).
At the end of the period it held $2.1 billion in cash and not reported in debt, a net cash position of $2.1 billion.
Five-year trend
- Revenue went from $4.6 billion in fiscal 2020 to $8.3 billion in fiscal 2025, about 12.5% a year.
- Revenue has grown for 5 fiscal years in a row.
- Operating margin narrowed from 35.5% to 29.2% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $5.5B | $6.3B | $7.1B | $7.5B | $8.3B |
| Revenue growth | 20.5% | 13.9% | 13.1% | 4.9% | 10.7% |
| Operating margin | 32.4% | 25.1% | 27.4% | 25.8% | 29.2% |
| Net income | $1.4B | $1.2B | $1.6B | $1.5B | $1.9B |
| Free cash flow | $1.1B | $699M | $1.5B | $1.7B | $2.0B |
| Diluted EPS | — | — | — | — | — |
Fiscal years as reported in Monster Beverage’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 10-Q filed November 6, 2026 — quarterly report
- 8-K filed November 5, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed September 25, 2026 — Executive or director change
- 8-K filed September 4, 2026 — Executive or director change
- 10-Q filed August 7, 2026 — quarterly report
- 8-K filed August 6, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed July 8, 2026 — Other event
- 8-K filed June 4, 2026 — Executive or director change
Companies like Monster Beverage
Other S&P 500 companies in Soft Drinks & Non-alcoholic Beverages:
- KDPKeurig Dr PepperBurlington, Massachusetts
- KOCoca-Cola Company (The)Atlanta, Georgia
- PEPPepsiCoPurchase, New York
More from Consumer Staples
Questions about Monster Beverage
Is Monster Beverage's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $9.6 billion, up 20.2% from a year earlier, according to its SEC filings.
Is Monster Beverage profitable?
Yes. It earned $2.2 billion in net income over the twelve months to September 30, 2026, a net margin of 22.7%.
When did Monster Beverage last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on November 6, 2026.
Which companies are similar to Monster Beverage?
In the S&P 500, Monster Beverage is grouped in Soft Drinks & Non-alcoholic Beverages within the Consumer Staples sector. Keurig Dr Pepper (KDP), Coca-Cola Company (The) (KO), PepsiCo (PEP) are in the same group.
Understand the numbers
Source: Monster Beverage’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.