Monster Beverage Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $8.3B | $7.5B | $7.1B | $6.3B | $5.5B |
| Cost of revenue | $3.7B | $3.4B | $3.3B | $3.1B | $2.4B |
| Gross profit | $4.6B | $4.0B | $3.8B | $3.2B | $3.1B |
| Operating expenses | $2.2B | $2.1B | $1.8B | $1.6B | $1.3B |
| Operating income | $2.4B | $1.9B | $2.0B | $1.6B | $1.8B |
| Pretax income | $2.5B | $2.0B | $2.1B | $1.6B | $1.8B |
| Income tax expense | $577.1M | $480.4M | $437.5M | $380.3M | $423.9M |
| Net income | $1.9B | $1.5B | $1.6B | $1.2B | $1.4B |
| Balance Sheet | |||||
| Cash and equivalents | $2.1B | $1.5B | $2.3B | $1.3B | $1.3B |
| Current assets | $5.4B | $3.6B | $5.6B | $4.8B | $4.7B |
| Total assets | $10.0B | $7.7B | $9.7B | $8.3B | $7.8B |
| Current liabilities | $1.4B | $1.1B | $1.2B | $1.0B | $965.1M |
| Total debt | — | $375.0M | — | — | — |
| Stockholders' equity | $8.3B | $6.0B | $8.2B | $7.0B | $6.6B |
| Cash Flow Statement | |||||
| Cash from operations | $2.1B | $1.9B | $1.7B | $887.7M | $1.2B |
| Depreciation and amortization | $114.4M | $80.4M | $68.9M | $61.2M | $50.2M |
| Stock-based compensation | $125.7M | $91.0M | $68.8M | $64.1M | $70.5M |
| Capital expenditure | $132.3M | $264.1M | $221.4M | $188.7M | $43.9M |
| Free cash flow | $2.0B | $1.7B | $1.5B | $699.0M | $1.1B |
| Share repurchases | $103.6M | $3.8B | $659.0M | $771.0M | $13.8M |
| Impairments | $0 | $86.3M | $0 | $0 | $0 |
Shares outstanding 978.0M · Free float 61.2%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.