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Monster Beverage income statement

In fiscal 2025, Monster Beverage reported revenue of $8.29bn, up 10.7% on the year before, operating income of $2.42bn (a 29.2% margin) and net income of $1.91bn. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue1,1431,3041,7032,0612,2462,4652,7233,0493,3693,8074,2014,5995,5416,3117,1407,4938,2949,219
Cost of revenue————————1,2311,5121,6821,8752,4333,1363,3463,4443,6624,098
Gross profit6126808941,0661,1731,3401,6321,9422,1382,2952,5192,7243,1093,1753,7944,0494,6325,121
Operating income3373484565515737488941,0851,1991,2841,4031,6331,7971,5851,9531,9302,4192,688
Income before tax3363494575495647468921,0801,2021,2931,4161,6261,8011,5722,0681,9892,4832,776
Income tax127137171209225263345367381300308217424380437480577649
Net income2092122863403394835477138219931,1081,4101,3771,1921,6311,5091,9052,128
Diluted EPS$0.37$0.38———————————————$2.15
Diluted shares (average)1,136m1,116m1,120m1,098m1,040m1,046m1,156m1,200m1,154m1,129m1,093m1,070m1,071m1,066m1,058m1,013m984m987m
EBITDA3433604735715967739251,1261,2481,3411,4641,6901,8481,6462,0222,0112,5342,809

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Monster Beverage's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Monster Beverage.