Monster Beverage (MNST) Gross Margin (2009 - 2026)
Monster Beverage's (MNST) quarterly Gross Margin came in at 55.95% in Q2 2026, up 23.0% year-over-year from 45.49% in Q2 2025, and up 1.8% quarter-over-quarter from 54.96% in Q1 2026.
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Analysis
Monster Beverage (MNST) Gross Margin (2009 - 2026) Analysis & Trends
Monster Beverage (MNST) has reported Gross Margin for 18 consecutive years, with 55.95% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 23.0% year-over-year to 55.95% in Q2 2026; TTM through Jun 2026 was 55.55%, a 36.0% increase from a year earlier, with the FY2025 full-year figure at 55.85%, up 181.0% from the prior year.
- Gross Margin was 55.95% for Q2 2026 at Monster Beverage, up from 54.96% in the prior quarter.
- Over five years, Gross Margin peaked at 56.51% in Q1 2025 and troughed at 47.11% in Q2 2022.
- A 5-year average of 53.59% and a median of 53.86% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 1013 bps in 2022 and surged 541 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 51.84% in 2022, then climbed by 5 bps to 54.24% in 2023, then rose by 2 bps to 55.32% in 2024, then gained by 0 bps to 55.53% in 2025, then rose by 1 bps to 55.95% in 2026.
- The last three Gross Margin figures came in at 55.95% (Q2 2026), 54.96% (Q1 2026), and 55.53% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 62.89% |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 47.09% |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 54.22% |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 55.95% |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | - |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 41.95% |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 40.03% |
| 10 | Constellation Brands | 19.91 Bn | 19.81 Bn | 1.32 Bn | 50.98% |
Historic Data
Download Data
Historic 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% |
API Access
Monster Beverage Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MNST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MNST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();