Growth Metrics

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

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DateValue
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