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

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

• Quarterly Cost of Revenue rose 31.41% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.9 billion (up 15.9% YoY) and the FY2025 annual result came in at $3.7 billion, up 6.34% from the prior year.
• Cost of Revenue improved to $1.1 billion in Q1 2026 per MNST's latest filing, from $947.7 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $1.1 billion in Q1 2026 and bottomed at $728.6 million in Q4 2022.
• The 5-year median for Cost of Revenue is $872.3 million (2023), against an average of $861.7 million.
• The widest annual swing landed in 2022, when Cost of Revenue soared 40.28%; it then decreased 7.5% in 2025.
• Tracing MNST's Cost of Revenue over 5 years: stood at $728.6 million in 2022, then increased by 8.66% to $791.7 million in 2023, then rose by 2.26% to $809.6 million in 2024, then grew by 17.06% to $947.7 million in 2025, then rose by 11.84% to $1.1 billion in 2026.
• Per Business Quant, the three latest MNST Cost of Revenue figures stand at $1.1 billion (Q1 2026), $947.7 million (Q4 2025), and $972.7 million (Q3 2025).

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