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% quarter-over-quarter from -$5.6 million in Q4 2025.

Monster Beverage (MNST) Change in Taxes (2009 - 2026) Analysis & Trends

Monster Beverage (MNST) has 18 years of Change in Taxes data on file, last reported at -$23.4 million in Q1 2026.

  • Change in Taxes for Q1 2026 came in at -$23.4 million, down 96.17% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.3 million (up 125.92% YoY), and the FY2025 annual result was $27.8 million, up 194.33% from the prior year.
  • Change in Taxes slipped to -$23.4 million in Q1 2026 per MNST's latest filing, from -$5.6 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $60.5 million in Q1 2024 and troughed at -$48.2 million in Q2 2024.
  • A 5-year average of $2.2 million and a median of $1.8 million in 2022 frame the typical range for Change in Taxes.
  • The sharpest annual moves came in 2022 and 2023: Change in Taxes plunged 881.94% in 2022, then jumped 523.88% in 2023.
  • A 5-year view of Change in Taxes shows it stood at $17.3 million in 2022, then decreased by 15.33% to $14.6 million in 2023, then plunged by 306.83% to -$30.2 million in 2024, then soared by 81.53% to -$5.6 million in 2025, then sank by 318.63% to -$23.4 million in 2026.
  • Business Quant data shows MNST's Change in Taxes at -$23.4 million in Q1 2026, -$5.6 million in Q4 2025, and $12.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Coca Cola 341.39 Bn 332.40 Bn 7.85 Bn -
2 Pepsico 194.25 Bn 183.58 Bn 10.73 Bn 131.00 Mn
3 Monster Beverage 89.38 Bn 86.39 Bn 1.29 Bn -23.37 Mn
4 Coca Cola Femsa Sab De Cv 87.89 Bn 86.38 Bn 1.89 Bn -
5 Keurig Dr Pepper 41.86 Bn 27.96 Bn 2.10 Bn 43.00 Mn
6 Coca-Cola Consolidated 10.27 Bn 10.04 Bn 727.08 Mn -
7 Primo Brands 8.82 Bn 8.54 Bn 464.90 Mn -
8 Celsius Holdings 7.92 Bn 7.37 Bn 378.07 Mn 14.84 Mn
9 Vita Coco Company 4.80 Bn 4.59 Bn 71.81 Mn -
10 National Beverage 3.40 Bn 3.09 Bn 99.60 Mn -

Historic Data

Download Data
DateValue
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