Growth Metrics

Monster Beverage (MNST) Cost of Revenue (2016 - 2025)

Monster Beverage (MNST) has disclosed Cost of Revenue for 17 consecutive years, with $947.7 million as the latest value for Q4 2025.

  • Quarterly Cost of Revenue rose 17.06% to $947.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $3.7 billion through Dec 2025, up 6.34% year-over-year, with the annual reading at $3.7 billion for FY2025, 6.34% up from the prior year.
  • Cost of Revenue for Q4 2025 was $947.7 million at Monster Beverage, down from $972.7 million in the prior quarter.
  • The five-year high for Cost of Revenue was $972.7 million in Q3 2025, with the low at $528.9 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $801.1 million, with a median of $808.1 million recorded in 2024.
  • The sharpest move saw Cost of Revenue surged 43.89% in 2021, then decreased 7.5% in 2025.
  • Over 5 years, Cost of Revenue stood at $657.5 million in 2021, then rose by 10.82% to $728.6 million in 2022, then rose by 8.66% to $791.7 million in 2023, then grew by 2.26% to $809.6 million in 2024, then increased by 17.06% to $947.7 million in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods came in at $947.7 million, $972.7 million, and $935.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.