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Monster Beverage (MNST) Operating Expenses (2016 - 2025)

Monster Beverage (MNST) has disclosed Operating Expenses for 17 consecutive years, with $640.7 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 3.14% to $640.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was $2.2 billion, a 4.45% increase, with the full-year FY2025 number at $2.2 billion, up 4.45% from a year prior.
  • Operating Expenses was $640.7 million for Q4 2025 at Monster Beverage, up from $549.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $640.7 million in Q4 2025 to a low of $300.8 million in Q1 2021.
  • A 5-year average of $453.7 million and a median of $461.8 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: skyrocketed 30.9% in 2022, then decreased 1.43% in 2025.
  • Monster Beverage's Operating Expenses stood at $354.7 million in 2021, then grew by 9.94% to $390.0 million in 2022, then grew by 29.35% to $504.4 million in 2023, then grew by 23.16% to $621.2 million in 2024, then rose by 3.14% to $640.7 million in 2025.
  • Per Business Quant, the three most recent readings for MNST's Operating Expenses are $640.7 million (Q4 2025), $549.1 million (Q3 2025), and $544.8 million (Q2 2025).