Monster Beverage (MNST) Change in Taxes (2009 - 2026)
Monster Beverage (MNST) reported Change in Taxes of -$23.4 million for Q1 2026, down 96.17% year-over-year from -$610.4 million in Q1 2025, and down 318.63% on a QoQ basis from -$5.6 million in Q4 2025.
Monster Beverage (MNST) has 18 years of Change in Taxes data on file, last reported at -$23.4 million in Q1 2026.
- Quarterly Change in Taxes fell 96.17% year-over-year to -$23.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $16.3 million (up 125.92% YoY) and the FY2025 annual result came in at $27.8 million, up 194.33% from the prior year.
- Change in Taxes eased to -$23.4 million in Q1 2026 per MNST's latest filing, from -$5.6 million in the prior quarter.
- Across five years, Change in Taxes topped out at $60.5 million in Q1 2024 and bottomed at -$48.2 million in Q2 2024.
- The 5-year median for Change in Taxes is $1.8 million (2022), against an average of $2.2 million.
- The widest annual swing landed in 2022, when Change in Taxes slumped 881.94%; it then surged 523.88% in 2023.
- Tracing MNST's Change in Taxes over 5 years: stood at $17.3 million in 2022, then fell by 15.33% to $14.6 million in 2023, then slumped by 306.83% to -$30.2 million in 2024, then jumped by 81.53% to -$5.6 million in 2025, then tumbled by 318.63% to -$23.4 million in 2026.
- Per Business Quant, the three latest MNST Change in Taxes figures stand at -$23.4 million (Q1 2026), -$5.6 million (Q4 2025), and $12.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 338.61 Bn | 329.63 Bn | 7.85 Bn | - |
| 2 | Pepsico | 193.55 Bn | 182.88 Bn | 10.73 Bn | 131.00 Mn |
| 3 | Monster Beverage | 87.17 Bn | 84.18 Bn | 1.29 Bn | -23.37 Mn |
| 4 | Coca-Cola Europacific Partners | 47.66 Bn | 47.03 Bn | - | - |
| 5 | Keurig Dr Pepper | 41.05 Bn | 27.15 Bn | 2.10 Bn | 43.00 Mn |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | 153.06 Mn |
| 7 | Coca-Cola Consolidated | 9.73 Bn | 9.50 Bn | 727.08 Mn | - |
| 8 | Primo Brands | 8.93 Bn | 8.64 Bn | 464.90 Mn | - |
| 9 | Celsius Holdings | 7.93 Bn | 7.38 Bn | 378.07 Mn | 14.84 Mn |
| 10 | Vita Coco Company | 4.29 Bn | 4.08 Bn | 71.81 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.37 Mn |
| Mar 31, 2026 | -23.37 Mn |
| Dec 31, 2025 | -5.58 Mn |
| Dec 31, 2025 | -5.58 Mn |
| Sep 30, 2025 | 12.31 Mn |
| Sep 30, 2025 | 12.31 Mn |
| Jun 30, 2025 | 32.97 Mn |
| Jun 30, 2025 | 32.97 Mn |
| Mar 31, 2025 | -11.91 Mn |
| Mar 31, 2025 | -11.91 Mn |
| Dec 31, 2024 | -30.23 Mn |
| Dec 31, 2024 | -30.23 Mn |
| Sep 30, 2024 | 27.37 Mn |
| Sep 30, 2024 | 27.37 Mn |
| Jun 30, 2024 | -48.22 Mn |
| Jun 30, 2024 | -48.22 Mn |
| Mar 31, 2024 | 60.51 Mn |
| Mar 31, 2024 | 60.51 Mn |
| Dec 31, 2023 | 14.62 Mn |
| Dec 31, 2023 | 14.62 Mn |
| Sep 30, 2023 | 5.44 Mn |
| Sep 30, 2023 | 5.44 Mn |
| Jun 30, 2023 | -42.84 Mn |
| Jun 30, 2023 | -42.84 Mn |
| Mar 31, 2023 | 41.62 Mn |
| Mar 31, 2023 | 41.62 Mn |
| Dec 31, 2022 | 17.26 Mn |
| Dec 31, 2022 | 17.26 Mn |
| Sep 30, 2022 | 1.84 Mn |
| Sep 30, 2022 | 1.84 Mn |
| Jun 30, 2022 | -4.85 Mn |
| Jun 30, 2022 | -4.85 Mn |
| Mar 31, 2022 | -9.82 Mn |
| Mar 31, 2022 | -9.82 Mn |
| Dec 31, 2021 | 7.34 Mn |
| Dec 31, 2021 | 7.34 Mn |
| Sep 30, 2021 | -7.81 Mn |
| Sep 30, 2021 | -7.81 Mn |
| Jun 30, 2021 | 620,000.00 |
| Jun 30, 2021 | 620,000.00 |
| Mar 31, 2021 | 7.08 Mn |
| Mar 31, 2021 | 7.08 Mn |
| Dec 31, 2020 | -23.49 Mn |
| Dec 31, 2020 | -23.49 Mn |
| Sep 30, 2020 | 25.21 Mn |
| Sep 30, 2020 | 25.21 Mn |
| Jun 30, 2020 | -5.69 Mn |
| Jun 30, 2020 | -5.69 Mn |
| Mar 31, 2020 | -1.55 Mn |
| Mar 31, 2020 | -1.55 Mn |
| Dec 31, 2019 | 14.28 Mn |
| Dec 31, 2019 | 14.28 Mn |
| Sep 30, 2019 | -1.62 Mn |
| Sep 30, 2019 | -1.62 Mn |
| Jun 30, 2019 | -429,000.00 |
| Jun 30, 2019 | -429,000.00 |
| Mar 31, 2019 | -4.13 Mn |
| Mar 31, 2019 | -4.13 Mn |
| Dec 31, 2018 | -2.25 Mn |
| Dec 31, 2018 | -2.25 Mn |
| Sep 30, 2018 | -104.51 Mn |
| Sep 30, 2018 | -104.51 Mn |
| Jun 30, 2018 | 9.10 Mn |
| Jun 30, 2018 | 9.10 Mn |
| Mar 31, 2018 | -1.06 Mn |
| Mar 31, 2018 | -1.06 Mn |
| Dec 31, 2017 | 95.50 Mn |
| Dec 31, 2017 | 95.50 Mn |
| Sep 30, 2017 | 36.53 Mn |
| Sep 30, 2017 | 36.53 Mn |
| Jun 30, 2017 | -35.10 Mn |
| Jun 30, 2017 | -35.10 Mn |
| Mar 31, 2017 | -25.60 Mn |
| Mar 31, 2017 | -25.60 Mn |
| Dec 31, 2016 | -88.88 Mn |
| Dec 31, 2016 | -88.88 Mn |
| Sep 30, 2016 | 237.63 Mn |
| Sep 30, 2016 | 237.63 Mn |
| Jun 30, 2016 | -65.94 Mn |
| Jun 30, 2016 | -65.94 Mn |
| Mar 31, 2016 | -34.79 Mn |
| Mar 31, 2016 | -34.79 Mn |
| Dec 31, 2015 | -72.27 Mn |
| Dec 31, 2015 | -72.27 Mn |
| Sep 30, 2015 | -871,000.00 |
| Sep 30, 2015 | -871,000.00 |
| Jun 30, 2015 | 88.45 Mn |
| Jun 30, 2015 | 88.45 Mn |
| Mar 31, 2015 | -4.30 Mn |
| Mar 31, 2015 | -4.30 Mn |
| Dec 31, 2014 | -8.88 Mn |
| Dec 31, 2014 | -8.88 Mn |
| Sep 30, 2014 | 11.23 Mn |
| Sep 30, 2014 | 11.23 Mn |
| Jun 30, 2014 | 1.91 Mn |
| Jun 30, 2014 | 1.91 Mn |
| Mar 31, 2014 | -4.42 Mn |
| Mar 31, 2014 | -4.42 Mn |
| Dec 31, 2013 | 29.40 Mn |
| Dec 31, 2013 | 29.40 Mn |
| Sep 30, 2013 | 788,000.00 |
| Sep 30, 2013 | 788,000.00 |
| Jun 30, 2013 | -5.15 Mn |
| Jun 30, 2013 | -5.15 Mn |
| Mar 31, 2013 | 9.27 Mn |
| Mar 31, 2013 | 9.27 Mn |
| Dec 31, 2012 | 18.00 Mn |
| Dec 31, 2012 | 18.00 Mn |
| Sep 30, 2012 | -6.28 Mn |
| Sep 30, 2012 | -6.28 Mn |
| Jun 30, 2012 | -23.34 Mn |
| Jun 30, 2012 | -23.34 Mn |
| Mar 31, 2012 | 25.78 Mn |
| Mar 31, 2012 | 25.78 Mn |
| Dec 31, 2011 | -15.03 Mn |
| Dec 31, 2011 | -15.03 Mn |
| Sep 30, 2011 | 15.30 Mn |
| Sep 30, 2011 | 15.30 Mn |
| Jun 30, 2011 | 65,000.00 |
| Jun 30, 2011 | 65,000.00 |
| Mar 31, 2011 | -9.80 Mn |
| Mar 31, 2011 | -9.80 Mn |
| Dec 31, 2010 | 561,000.00 |
| Dec 31, 2010 | 561,000.00 |
| Sep 30, 2010 | -15.75 Mn |
| Sep 30, 2010 | -15.75 Mn |
| Jun 30, 2010 | 12.43 Mn |
| Jun 30, 2010 | 12.43 Mn |
| Mar 31, 2010 | 12.75 Mn |
| Mar 31, 2010 | 12.75 Mn |
| Dec 31, 2009 | -3.52 Mn |
| Dec 31, 2009 | -3.52 Mn |
| Sep 30, 2009 | 12.39 Mn |
| Sep 30, 2009 | 12.39 Mn |