Monster Beverage (MNST) Gross Margin (2009 - 2026)
Monster Beverage (MNST) posted quarterly Gross Margin of 54.96% for Q1 2026, down 155.0% year-over-year from 99.93% in Q1 2025, and down 1.02% quarter-over-quarter from 55.53% in Q4 2025.
Monster Beverage (MNST) Gross Margin (2009 - 2026) Analysis & Trends
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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola Femsa Sab De Cv | 1,818.10 Bn | 1,818.10 Bn | 2.06 Bn | 47.09% |
| 2 | Coca Cola | 371.22 Bn | 357.07 Bn | 8.42 Bn | 62.89% |
| 3 | Pepsico | 187.31 Bn | 176.59 Bn | 13.11 Bn | 54.22% |
| 4 | Coca-Cola Europacific Partners | 47.87 Bn | 46.70 Bn | - | - |
| 5 | Monster Beverage | 44.32 Bn | 40.90 Bn | 1.42 Bn | 55.95% |
| 6 | Keurig Dr Pepper | 39.10 Bn | 38.20 Bn | 2.10 Bn | 52.77% |
| 7 | Andina Bottling | 21.78 Bn | 21.78 Bn | 319.18 Bn | 38.92% |
| 8 | Coca-Cola Consolidated | 10.24 Bn | 10.07 Bn | 778.41 Mn | 37.93% |
| 9 | Primo Brands | 8.39 Bn | 8.02 Bn | 548.70 Mn | 30.55% |
| 10 | Celsius Holdings | 6.84 Bn | 6.21 Bn | 393.69 Mn | 48.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 55.95% |
| Mar 31, 2026 | 54.96% |
| Dec 31, 2025 | 55.53% |
| Sep 30, 2025 | 55.73% |
| Jun 30, 2025 | 55.71% |
| Mar 31, 2025 | 56.51% |
| Dec 31, 2024 | 55.32% |
| Sep 30, 2024 | 53.15% |
| Jun 30, 2024 | 53.64% |
| Mar 31, 2024 | 54.09% |
| Dec 31, 2023 | 54.24% |
| Sep 30, 2023 | 53.00% |
| Jun 30, 2023 | 52.52% |
| Mar 31, 2023 | 52.85% |
| Dec 31, 2022 | 51.84% |
| Sep 30, 2022 | 51.33% |
| Jun 30, 2022 | 47.11% |
| Mar 31, 2022 | 51.14% |
| Dec 31, 2021 | 53.86% |
| Sep 30, 2021 | 55.95% |