Monster Beverage (MNST) Gross Margin (2009 - 2026)
Monster Beverage (MNST) reported Gross Margin of 54.96% for Q1 2026, down 155.0% year-over-year from 99.93% in Q1 2025, and down 1.02% on a QoQ basis from 55.53% in Q4 2025.
Monster Beverage (MNST) has 18 years of Gross Margin data on file, last reported at 54.96% in Q1 2026.
- Quarterly Gross Margin fell 155.0% year-over-year to 54.96% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 55.47% (up 83.0% YoY) and the FY2025 annual result came in at 55.85%, up 181.0% from the prior year.
- Gross Margin fell 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.
- The 5-year median for Gross Margin is 53.64% (2024), against an average of 53.45%.
- The widest annual swing landed in 2022, when Gross Margin slumped 1013 bps; it then jumped 541 bps in 2023.
- Tracing MNST's Gross Margin over 5 years: stood at 51.84% in 2022, then advanced by 5 bps to 54.24% in 2023, then increased by 2 bps to 55.32% in 2024, then rose by 0 bps to 55.53% in 2025, then fell by 1 bps to 54.96% in 2026.
- Per Business Quant, the three latest MNST Gross Margin figures stand at 54.96% (Q1 2026), 55.53% (Q4 2025), and 55.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 338.61 Bn | 329.63 Bn | 7.85 Bn | 62.96% |
| 2 | Pepsico | 193.55 Bn | 182.88 Bn | 10.73 Bn | 55.19% |
| 3 | Monster Beverage | 87.17 Bn | 84.18 Bn | 1.29 Bn | 54.96% |
| 4 | Coca-Cola Europacific Partners | 47.66 Bn | 47.03 Bn | - | - |
| 5 | Keurig Dr Pepper | 41.05 Bn | 27.15 Bn | 2.10 Bn | 52.77% |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | 46.89% |
| 7 | Coca-Cola Consolidated | 9.73 Bn | 9.50 Bn | 727.08 Mn | 39.37% |
| 8 | Primo Brands | 8.93 Bn | 8.64 Bn | 464.90 Mn | 28.59% |
| 9 | Celsius Holdings | 7.93 Bn | 7.38 Bn | 378.07 Mn | 48.31% |
| 10 | Vita Coco Company | 4.29 Bn | 4.08 Bn | 71.81 Mn | 39.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 57.24% |
| Mar 31, 2021 | 57.48% |
| Dec 31, 2020 | 57.74% |
| Sep 30, 2020 | 59.09% |
| Jun 30, 2020 | 60.29% |
| Mar 31, 2020 | 59.99% |
| Dec 31, 2019 | 60.04% |
| Sep 30, 2019 | 59.37% |
| Jun 30, 2019 | 59.90% |
| Mar 31, 2019 | 60.63% |
| Dec 31, 2018 | 59.75% |
| Sep 30, 2018 | 59.80% |
| Jun 30, 2018 | 61.06% |
| Mar 31, 2018 | 60.55% |
| Dec 31, 2017 | 62.15% |
| Sep 30, 2017 | 62.64% |
| Jun 30, 2017 | 64.33% |
| Mar 31, 2017 | 64.80% |
| Dec 31, 2016 | 66.08% |
| Sep 30, 2016 | 63.83% |
| Jun 30, 2016 | 62.58% |
| Mar 31, 2016 | 62.20% |
| Dec 31, 2015 | 62.49% |
| Sep 30, 2015 | 61.52% |
| Jun 30, 2015 | 3,034.68% |
| Mar 31, 2015 | 58.86% |
| Dec 31, 2014 | 54.79% |
| Sep 30, 2014 | 53.76% |
| Jun 30, 2014 | 55.19% |
| Mar 31, 2014 | 53.50% |
| Dec 31, 2013 | 51.25% |
| Sep 30, 2013 | 52.08% |
| Jun 30, 2013 | 53.30% |
| Mar 31, 2013 | 52.05% |
| Dec 31, 2012 | 51.72% |
| Sep 30, 2012 | 50.48% |
| Jun 30, 2012 | 51.80% |
| Mar 31, 2012 | 53.05% |
| Dec 31, 2011 | 52.26% |
| Sep 30, 2011 | 52.73% |
| Jun 30, 2011 | 52.85% |
| Mar 31, 2011 | 52.06% |
| Dec 31, 2010 | 51.59% |
| Sep 30, 2010 | 51.89% |
| Jun 30, 2010 | 52.87% |
| Mar 31, 2010 | 52.31% |
| Dec 31, 2009 | 53.38% |
| Sep 30, 2009 | 53.59% |
| Jun 30, 2009 | 53.90% |