Monster Beverage (MNST) Net Margin (2009 - 2026)
Monster Beverage (MNST) reported Net Margin of 24.2% for Q1 2026, up 31.0% year-over-year from 18.47% in Q1 2025, and up 14.81% on a QoQ basis from 21.08% in Q4 2025.
Monster Beverage (MNST) has 18 years of Net Margin data on file, last reported at 24.2% in Q1 2026.
- Quarterly Net Margin rose 31.0% year-over-year to 24.2% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.11% (up 283.0% YoY) and the FY2025 annual result came in at 22.97%, up 283.0% from the prior year.
- Net Margin rose to 24.2% in Q1 2026 per MNST's latest filing, from 21.08% in the prior quarter.
- Across five years, Net Margin topped out at 24.39% in Q3 2023 and bottomed at 14.94% in Q4 2024.
- The 5-year median for Net Margin is 22.31% (2023), against an average of 21.38%.
- The widest annual swing landed in 2022, when Net Margin tumbled 1110 bps; it then surged 614 bps in 2025.
- Tracing MNST's Net Margin over 5 years: stood at 19.94% in 2022, then advanced by 6 bps to 21.21% in 2023, then declined by 30 bps to 14.94% in 2024, then jumped by 41 bps to 21.08% in 2025, then increased by 15 bps to 24.2% in 2026.
- Per Business Quant, the three latest MNST Net Margin figures stand at 24.2% (Q1 2026), 21.08% (Q4 2025), and 23.87% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 338.61 Bn | 329.63 Bn | 7.85 Bn | 31.80% |
| 2 | Pepsico | 193.55 Bn | 182.88 Bn | 10.73 Bn | 12.02% |
| 3 | Monster Beverage | 87.17 Bn | 84.18 Bn | 1.29 Bn | 24.20% |
| 4 | Coca-Cola Europacific Partners | 47.66 Bn | 47.03 Bn | - | - |
| 5 | Keurig Dr Pepper | 41.05 Bn | 27.15 Bn | 2.10 Bn | 6.79% |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | 10.46% |
| 7 | Coca-Cola Consolidated | 9.73 Bn | 9.50 Bn | 727.08 Mn | 6.04% |
| 8 | Primo Brands | 8.93 Bn | 8.64 Bn | 464.90 Mn | - |
| 9 | Celsius Holdings | 7.93 Bn | 7.38 Bn | 378.07 Mn | 10.87% |
| 10 | Vita Coco Company | 4.29 Bn | 4.08 Bn | 71.81 Mn | 16.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.20% |
| Dec 31, 2025 | 21.08% |
| Sep 30, 2025 | 23.87% |
| Jun 30, 2025 | 23.15% |
| Mar 31, 2025 | 23.89% |
| Dec 31, 2024 | 14.94% |
| Sep 30, 2024 | 19.72% |
| Jun 30, 2024 | 22.38% |
| Mar 31, 2024 | 23.28% |
| Dec 31, 2023 | 21.21% |
| Sep 30, 2023 | 24.39% |
| Jun 30, 2023 | 22.31% |
| Mar 31, 2023 | 23.39% |
| Dec 31, 2022 | 19.94% |
| Sep 30, 2022 | 19.85% |
| Jun 30, 2022 | 16.51% |
| Mar 31, 2022 | 19.37% |
| Dec 31, 2021 | 22.55% |
| Sep 30, 2021 | 23.91% |
| Jun 30, 2021 | 27.62% |
| Mar 31, 2021 | 25.34% |
| Dec 31, 2020 | 39.43% |
| Sep 30, 2020 | 27.89% |
| Jun 30, 2020 | 28.46% |
| Mar 31, 2020 | 26.25% |
| Dec 31, 2019 | 25.06% |
| Sep 30, 2019 | 26.37% |
| Jun 30, 2019 | 26.49% |
| Mar 31, 2019 | 27.64% |
| Dec 31, 2018 | 25.87% |
| Sep 30, 2018 | 26.35% |
| Jun 30, 2018 | 26.59% |
| Mar 31, 2018 | 25.39% |
| Dec 31, 2017 | 24.84% |
| Sep 30, 2017 | 24.05% |
| Jun 30, 2017 | 24.54% |
| Mar 31, 2017 | 23.98% |
| Dec 31, 2016 | 22.94% |
| Sep 30, 2016 | 24.32% |
| Jun 30, 2016 | 22.26% |
| Mar 31, 2016 | 24.09% |
| Dec 31, 2015 | 21.50% |
| Sep 30, 2015 | 23.07% |
| Jun 30, 2015 | 44.62% |
| Mar 31, 2015 | 0.70% |
| Dec 31, 2014 | 20.70% |
| Sep 30, 2014 | 19.12% |
| Jun 30, 2014 | 20.52% |
| Mar 31, 2014 | 17.77% |
| Dec 31, 2013 | 14.07% |
| Sep 30, 2013 | 15.61% |
| Jun 30, 2013 | 16.94% |
| Mar 31, 2013 | 13.11% |
| Dec 31, 2012 | 14.42% |
| Sep 30, 2012 | 15.90% |
| Jun 30, 2012 | 18.53% |
| Mar 31, 2012 | 16.74% |
| Dec 31, 2011 | 15.74% |
| Sep 30, 2011 | 17.36% |
| Jun 30, 2011 | 18.23% |
| Mar 31, 2011 | 15.44% |
| Dec 31, 2010 | 15.42% |
| Sep 30, 2010 | 17.43% |
| Jun 30, 2010 | 17.46% |
| Mar 31, 2010 | 13.68% |
| Dec 31, 2009 | 18.34% |
| Sep 30, 2009 | 18.35% |
| Jun 30, 2009 | 19.08% |