Monster Beverage (MNST) Cost of Revenue (2009 - 2026)

Monster Beverage (MNST) reported Cost of Revenue of $1.1 billion for Q1 2026, up 31.41% year-over-year from $806.6 million in Q1 2025, and up 11.84% quarter-over-quarter from $947.7 million in Q4 2025.

Monster Beverage (MNST) Cost of Revenue (2009 - 2026) Analysis & Trends

Monster Beverage (MNST) has 18 years of Cost of Revenue data on file, last reported at $1.1 billion in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $1.1 billion, up 31.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.9 billion (up 15.9% YoY), and the FY2025 annual result was $3.7 billion, up 6.34% from the prior year.
  • Cost of Revenue climbed to $1.1 billion in Q1 2026 per MNST's latest filing, from $947.7 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $1.1 billion in Q1 2026 and troughed at $728.6 million in Q4 2022.
  • A 5-year average of $861.7 million and a median of $872.3 million in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 40.28% in 2022, then dropped 7.5% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $728.6 million in 2022, then gained by 8.66% to $791.7 million in 2023, then advanced by 2.26% to $809.6 million in 2024, then rose by 17.06% to $947.7 million in 2025, then advanced by 11.84% to $1.1 billion in 2026.
  • Business Quant data shows MNST's Cost of Revenue at $1.1 billion in Q1 2026, $947.7 million in Q4 2025, and $972.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Coca Cola 341.39 Bn 332.40 Bn 7.85 Bn 4.62 Bn
2 Pepsico 194.25 Bn 183.58 Bn 10.73 Bn 8.71 Bn
3 Monster Beverage 89.38 Bn 86.39 Bn 1.29 Bn 1.06 Bn
4 Coca Cola Femsa Sab De Cv 87.89 Bn 86.38 Bn 1.89 Bn 2.15 Bn
5 Keurig Dr Pepper 41.86 Bn 27.96 Bn 2.10 Bn 1.88 Bn
6 Coca-Cola Consolidated 10.27 Bn 10.04 Bn 727.08 Mn 1.12 Bn
7 Primo Brands 8.82 Bn 8.54 Bn 464.90 Mn 1.16 Bn
8 Celsius Holdings 7.92 Bn 7.37 Bn 378.07 Mn 404.55 Mn
9 Vita Coco Company 4.80 Bn 4.59 Bn 71.81 Mn 107.95 Mn
10 National Beverage 3.40 Bn 3.09 Bn 99.60 Mn 164.98 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.06 Bn
Mar 31, 2026 1.06 Bn
Dec 31, 2025 947.72 Mn
Dec 31, 2025 947.72 Mn
Sep 30, 2025 972.65 Mn
Sep 30, 2025 972.65 Mn
Jun 30, 2025 935.18 Mn
Jun 30, 2025 935.18 Mn
Mar 31, 2025 806.60 Mn
Mar 31, 2025 806.60 Mn
Dec 31, 2024 809.60 Mn
Dec 31, 2024 809.60 Mn
Sep 30, 2024 881.17 Mn
Sep 30, 2024 881.17 Mn
Jun 30, 2024 881.09 Mn
Jun 30, 2024 881.09 Mn
Mar 31, 2024 871.97 Mn
Mar 31, 2024 871.97 Mn
Dec 31, 2023 791.74 Mn
Dec 31, 2023 791.74 Mn