Monster Beverage (MNST) Gross Margin (2009 - 2026)

Monster Beverage (MNST) has reported Gross Margin for 18 consecutive years, with 54.96% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin fell 155.0% year-over-year to 54.96%; the TTM figure through Mar 2026 stood at 55.47% (up 83.0% YoY), while the FY2025 annual figure was 55.85%, up 181.0% from the prior year.
• Gross Margin slipped to 54.96% in Q1 2026 per MNST's latest filing, from 55.53% in the prior quarter.
• Across five years, Gross Margin topped out at 56.51% in Q1 2025 and bottomed at 47.11% in Q2 2022.
• Historically, Gross Margin has averaged 53.45% across 5 years, with a median of 53.64% in 2024.
• Annual changes were most pronounced in 2022 — Gross Margin plunged 1013 bps — and 2023, when it soared 541 bps.
• Monster Beverage's Gross Margin stood at 51.84% in 2022, then increased by 5 bps to 54.24% in 2023, then advanced by 2 bps to 55.32% in 2024, then climbed by 0 bps to 55.53% in 2025, then slipped by 1 bps to 54.96% in 2026.
• Business Quant data shows MNST's Gross Margin at 54.96% in Q1 2026, 55.53% in Q4 2025, and 55.73% in Q3 2025.