Monster Beverage (MNST) Net Margin (2009 - 2026)
Monster Beverage's (MNST) quarterly Net Margin came in at 23.04% in Q2 2026, down 11.0% year-over-year from 25.88% in Q2 2025, and down 4.81% quarter-over-quarter from 24.2% in Q1 2026.
Monster Beverage (MNST) Net Margin (2009 - 2026) Analysis & Trends
Monster Beverage (MNST) has reported Net Margin for 18 consecutive years, with 23.04% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 11.0% year-over-year to 23.04% in Q2 2026; TTM through Jun 2026 was 23.08%, a 254.0% increase from a year earlier, with the FY2025 full-year figure at 22.97%, up 283.0% from the prior year.
- Net Margin was 23.04% for Q2 2026 at Monster Beverage, down from 24.2% in the prior quarter.
- Over five years, Net Margin peaked at 24.39% in Q3 2023 and troughed at 14.94% in Q4 2024.
- A 5-year average of 21.47% and a median of 22.35% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 1110 bps in 2022 and soared 614 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 19.94% in 2022, then climbed by 6 bps to 21.21% in 2023, then fell by 30 bps to 14.94% in 2024, then surged by 41 bps to 21.08% in 2025, then climbed by 9 bps to 23.04% in 2026.
- The last three Net Margin figures came in at 23.04% (Q2 2026), 24.2% (Q1 2026), and 21.08% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 33.17% |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 8.14% |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 12.42% |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 23.04% |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | 25.83% |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | - |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 2.87% |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | -2,128.19% |
| 10 | Constellation Brands | 19.91 Bn | 19.81 Bn | 1.32 Bn | 25.94% |
Historic 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% |
Monster Beverage Net 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=net-margin&ticker=MNST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();