Monster Beverage (MNST) Free Cash Flow (2009 - 2026)
Monster Beverage (MNST) reported Free Cash Flow of $584.4 million for Q1 2026, up 22.12% year-over-year from $478.5 million in Q1 2025, and up 66.38% on a QoQ basis from $351.2 million in Q4 2025.
Monster Beverage (MNST) has 18 years of Free Cash Flow data on file, last reported at $584.4 million in Q1 2026.
- Quarterly Free Cash Flow rose 22.12% year-over-year to $584.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.1 billion (up 15.29% YoY) and the FY2025 annual result came in at $2.0 billion, up 18.11% from the prior year.
- Free Cash Flow grew to $584.4 million in Q1 2026 per MNST's latest filing, from $351.2 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $701.5 million in Q3 2025 and bottomed at -$21.9 million in Q1 2022.
- The 5-year median for Free Cash Flow is $376.5 million (2024), against an average of $377.1 million.
- The widest annual swing landed in 2022, when Free Cash Flow sank 113.09%; it then surged 1858.19% in 2023.
- Tracing MNST's Free Cash Flow over 5 years: stood at $245.9 million in 2022, then surged by 31.38% to $323.1 million in 2023, then rose by 14.64% to $370.4 million in 2024, then declined by 5.18% to $351.2 million in 2025, then jumped by 66.38% to $584.4 million in 2026.
- Per Business Quant, the three latest MNST Free Cash Flow figures stand at $584.4 million (Q1 2026), $351.2 million (Q4 2025), and $701.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 338.61 Bn | 329.63 Bn | 7.85 Bn | 1.76 Bn |
| 2 | Pepsico | 193.55 Bn | 182.88 Bn | 10.73 Bn | -406.00 Mn |
| 3 | Monster Beverage | 87.17 Bn | 84.18 Bn | 1.29 Bn | 584.38 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 | 165.00 Mn |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | - |
| 7 | Coca-Cola Consolidated | 9.73 Bn | 9.50 Bn | 727.08 Mn | 142.16 Mn |
| 8 | Primo Brands | 8.93 Bn | 8.64 Bn | 464.90 Mn | -700,000.00 |
| 9 | Celsius Holdings | 7.93 Bn | 7.38 Bn | 378.07 Mn | 65.81 Mn |
| 10 | Vita Coco Company | 4.29 Bn | 4.08 Bn | 71.81 Mn | 15.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 584.38 Mn |
| Mar 31, 2026 | 584.38 Mn |
| Dec 31, 2025 | 351.24 Mn |
| Dec 31, 2025 | 351.24 Mn |
| Sep 30, 2025 | 701.51 Mn |
| Sep 30, 2025 | 701.51 Mn |
| Jun 30, 2025 | 434.61 Mn |
| Jun 30, 2025 | 434.61 Mn |
| Mar 31, 2025 | 478.54 Mn |
| Mar 31, 2025 | 478.54 Mn |
| Dec 31, 2024 | 370.42 Mn |
| Dec 31, 2024 | 370.42 Mn |
| Sep 30, 2024 | 571.42 Mn |
| Sep 30, 2024 | 571.42 Mn |
| Jun 30, 2024 | 376.52 Mn |
| Jun 30, 2024 | 376.52 Mn |
| Mar 31, 2024 | 346.10 Mn |
| Mar 31, 2024 | 346.10 Mn |
| Dec 31, 2023 | 323.12 Mn |
| Dec 31, 2023 | 323.12 Mn |
| Sep 30, 2023 | 492.47 Mn |
| Sep 30, 2023 | 492.47 Mn |
| Jun 30, 2023 | 296.36 Mn |
| Jun 30, 2023 | 296.36 Mn |
| Mar 31, 2023 | 384.38 Mn |
| Mar 31, 2023 | 384.38 Mn |
| Dec 31, 2022 | 245.95 Mn |
| Dec 31, 2022 | 245.95 Mn |
| Sep 30, 2022 | 421.81 Mn |
| Sep 30, 2022 | 421.81 Mn |
| Jun 30, 2022 | 53.08 Mn |
| Jun 30, 2022 | 53.08 Mn |
| Mar 31, 2022 | -21.86 Mn |
| Mar 31, 2022 | -21.86 Mn |
| Dec 31, 2021 | 212.02 Mn |
| Dec 31, 2021 | 212.02 Mn |
| Sep 30, 2021 | 328.79 Mn |
| Sep 30, 2021 | 328.79 Mn |
| Jun 30, 2021 | 403.99 Mn |
| Jun 30, 2021 | 403.99 Mn |
| Mar 31, 2021 | 167.07 Mn |
| Mar 31, 2021 | 167.07 Mn |
| Dec 31, 2020 | 408.27 Mn |
| Dec 31, 2020 | 408.27 Mn |
| Sep 30, 2020 | 495.83 Mn |
| Sep 30, 2020 | 495.83 Mn |
| Jun 30, 2020 | 231.33 Mn |
| Jun 30, 2020 | 231.33 Mn |
| Mar 31, 2020 | 180.01 Mn |
| Mar 31, 2020 | 180.01 Mn |
| Dec 31, 2019 | 235.42 Mn |
| Dec 31, 2019 | 235.42 Mn |
| Sep 30, 2019 | 342.97 Mn |
| Sep 30, 2019 | 342.97 Mn |
| Jun 30, 2019 | 318.80 Mn |
| Jun 30, 2019 | 318.80 Mn |
| Mar 31, 2019 | 114.91 Mn |
| Mar 31, 2019 | 114.91 Mn |
| Dec 31, 2018 | 328.44 Mn |
| Dec 31, 2018 | 328.44 Mn |
| Sep 30, 2018 | 304.82 Mn |
| Sep 30, 2018 | 304.82 Mn |
| Jun 30, 2018 | 330.82 Mn |
| Jun 30, 2018 | 330.82 Mn |
| Mar 31, 2018 | 135.86 Mn |
| Mar 31, 2018 | 135.86 Mn |
| Dec 31, 2017 | 181.98 Mn |
| Dec 31, 2017 | 181.98 Mn |
| Sep 30, 2017 | 229.57 Mn |
| Sep 30, 2017 | 229.57 Mn |
| Jun 30, 2017 | 318.87 Mn |
| Jun 30, 2017 | 318.87 Mn |
| Mar 31, 2017 | 173.87 Mn |
| Mar 31, 2017 | 173.87 Mn |
| Dec 31, 2016 | 248.36 Mn |
| Dec 31, 2016 | 248.36 Mn |
| Sep 30, 2016 | 123.43 Mn |
| Sep 30, 2016 | 123.43 Mn |
| Jun 30, 2016 | 128.39 Mn |
| Jun 30, 2016 | 128.39 Mn |
| Mar 31, 2016 | 101.35 Mn |
| Mar 31, 2016 | 101.35 Mn |
| Dec 31, 2015 | 161.01 Mn |
| Dec 31, 2015 | 161.01 Mn |
| Sep 30, 2015 | 181.14 Mn |
| Sep 30, 2015 | 181.14 Mn |
| Jun 30, 2015 | 46.73 Mn |
| Jun 30, 2015 | 46.73 Mn |
| Mar 31, 2015 | 98.24 Mn |
| Mar 31, 2015 | 98.24 Mn |
| Dec 31, 2014 | 181.79 Mn |
| Dec 31, 2014 | 181.79 Mn |
| Sep 30, 2014 | 143.85 Mn |
| Sep 30, 2014 | 143.85 Mn |
| Jun 30, 2014 | 117.37 Mn |
| Jun 30, 2014 | 117.37 Mn |
| Mar 31, 2014 | 126.53 Mn |
| Mar 31, 2014 | 126.53 Mn |
| Dec 31, 2013 | 58.05 Mn |
| Dec 31, 2013 | 58.05 Mn |
| Sep 30, 2013 | 166.00 Mn |
| Sep 30, 2013 | 166.00 Mn |
| Jun 30, 2013 | 40.06 Mn |
| Jun 30, 2013 | 40.06 Mn |
| Mar 31, 2013 | 37.16 Mn |
| Mar 31, 2013 | 37.16 Mn |
| Dec 31, 2012 | 52.51 Mn |
| Dec 31, 2012 | 52.51 Mn |
| Sep 30, 2012 | 102.05 Mn |
| Sep 30, 2012 | 102.05 Mn |
| Jun 30, 2012 | 67.96 Mn |
| Jun 30, 2012 | 67.96 Mn |
| Mar 31, 2012 | 22.23 Mn |
| Mar 31, 2012 | 22.23 Mn |
| Dec 31, 2011 | 95.20 Mn |
| Dec 31, 2011 | 95.20 Mn |
| Sep 30, 2011 | 101.42 Mn |
| Sep 30, 2011 | 101.42 Mn |
| Jun 30, 2011 | 94.57 Mn |
| Jun 30, 2011 | 94.57 Mn |
| Mar 31, 2011 | 17.09 Mn |
| Mar 31, 2011 | 17.09 Mn |
| Dec 31, 2010 | 53.65 Mn |
| Dec 31, 2010 | 53.65 Mn |
| Sep 30, 2010 | 40.51 Mn |
| Sep 30, 2010 | 40.51 Mn |
| Jun 30, 2010 | 55.77 Mn |
| Jun 30, 2010 | 55.77 Mn |
| Mar 31, 2010 | 66.57 Mn |
| Mar 31, 2010 | 66.57 Mn |
| Dec 31, 2009 | 26.01 Mn |
| Dec 31, 2009 | 26.01 Mn |
| Sep 30, 2009 | 86.23 Mn |
| Sep 30, 2009 | 86.23 Mn |