Monster Beverage (MNST) Net Margin (2009 - 2026)
Monster Beverage (MNST) posted quarterly Net Margin of 24.2% for Q1 2026, up 31.0% year-over-year from 18.47% in Q1 2025, and up 14.81% quarter-over-quarter from 21.08% in Q4 2025.
Monster Beverage (MNST) Net Margin (2009 - 2026) Analysis & Trends
Monster Beverage (MNST) has reported Net Margin for 18 consecutive years, with 24.2% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 31.0% year-over-year to 24.2%; the TTM figure through Mar 2026 stood at 23.11% (up 283.0% YoY), while the FY2025 annual figure was 22.97%, up 283.0% from the prior year.
- Net Margin advanced 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.
- Historically, Net Margin has averaged 21.38% across 5 years, with a median of 22.31% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin sank 1110 bps — and 2025, when it jumped 614 bps.
- Monster Beverage's Net Margin stood at 19.94% in 2022, then increased by 6 bps to 21.21% in 2023, then decreased by 30 bps to 14.94% in 2024, then jumped by 41 bps to 21.08% in 2025, then advanced by 15 bps to 24.2% in 2026.
- Business Quant data shows MNST's Net Margin at 24.2% in Q1 2026, 21.08% in Q4 2025, and 23.87% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola Femsa Sab De Cv | 1,818.10 Bn | 1,818.10 Bn | 2.06 Bn | 8.14% |
| 2 | Coca Cola | 371.22 Bn | 357.07 Bn | 8.42 Bn | 33.17% |
| 3 | Pepsico | 187.31 Bn | 176.59 Bn | 13.11 Bn | 12.42% |
| 4 | Coca-Cola Europacific Partners | 47.87 Bn | 46.70 Bn | - | - |
| 5 | Monster Beverage | 44.32 Bn | 40.90 Bn | 1.42 Bn | 23.04% |
| 6 | Keurig Dr Pepper | 39.10 Bn | 38.20 Bn | 2.10 Bn | 6.79% |
| 7 | Andina Bottling | 21.78 Bn | 21.78 Bn | 319.18 Bn | 4.54% |
| 8 | Coca-Cola Consolidated | 10.24 Bn | 10.07 Bn | 778.41 Mn | 7.74% |
| 9 | Primo Brands | 8.39 Bn | 8.02 Bn | 548.70 Mn | - |
| 10 | Celsius Holdings | 6.84 Bn | 6.21 Bn | 393.69 Mn | 4.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.04% |
| 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% |