Monster Beverage (MNST) Gross Margin (2009 - 2026)
Monster Beverage's Gross Margin was 55.95% in Q2 2026, up 0.23 percentage points from 55.71% a year earlier and up 0.99 percentage points from the prior quarter.
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Analysis
Monster Beverage (MNST) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Monster Beverage's Gross Margin was 55.55% through Jun 30, 2026, up 0.36 percentage points year-over-year; for FY2025, it was 55.85%, up 1.81 percentage points from FY2024.
- Gross Margin has now increased for three consecutive years, though with a five-year change of -3.38 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 54.04% in FY2024 (+0.90 pp), 53.14% in FY2023 (+2.84 pp), 50.30% in FY2022 (-5.79 pp) and 56.10% in FY2021 (-3.14 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q1 2025.
- Compared with a year earlier, Gross Margin was higher in seven of the last eight quarters, with an average year-over-year change of +0.90 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q2 2023 (a gain of 5.41 percentage points); the worst was Q2 2022 (a drop of 10.13 percentage points).
- Per Business Quant data, MNST's Gross Margin in the three quarters before Q2 2026 was 54.96% (Q1 2026), 55.53% (Q4 2025) and 55.73% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 62.89% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 47.09% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 54.42% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 55.95% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 41.95% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 49.46% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 37.93% |
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();