Monster Beverage MNST
NASDAQ MNST
$42.67 -1.24 (-2.84%)
As of: Sep 24, 2026 · 3:59 PM EDT

Monster Beverage (MNST) Operating Expenses (2009 - 2026)

Monster Beverage's (MNST) quarterly Operating Expenses came in at $679.2 million in Q2 2026, up 24.67% year-over-year from $544.8 million in Q2 2025, and up 20.55% quarter-over-quarter from $563.4 million in Q1 2026.

Analysis

Monster Beverage (MNST) Operating Expenses (2009 - 2026) Analysis & Trends

Monster Beverage (MNST) has reported Operating Expenses for 18 consecutive years, with $679.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 24.67% year-over-year to $679.2 million in Q2 2026; TTM through Jun 2026 was $2.4 billion, a 12.4% increase from a year earlier, with the FY2025 full-year figure at $2.2 billion, up 4.45% from the prior year.
  • Operating Expenses was $679.2 million for Q2 2026 at Monster Beverage, up from $563.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $679.2 million in Q2 2026 and troughed at $377.2 million in Q1 2022.
  • A 5-year average of $500.3 million and a median of $488.7 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 30.9% in 2022 and retreated 1.43% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $390.0 million in 2022, then advanced by 29.35% to $504.4 million in 2023, then increased by 23.16% to $621.2 million in 2024, then grew by 3.14% to $640.7 million in 2025, then grew by 6.01% to $679.2 million in 2026.
  • The last three Operating Expenses figures came in at $679.2 million (Q2 2026), $563.4 million (Q1 2026), and $640.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Coca Cola 379.05 Bn 367.07 Bn 8.42 Bn 3.72 Bn
2 Diageo 209.58 Bn 209.63 Bn - -
3 Coca Cola Femsa Sab De Cv 185.97 Bn 185.19 Bn 2.06 Bn 1.49 Bn
4 Pepsico 177.68 Bn 167.14 Bn 13.11 Bn 9.09 Bn
5 Monster Beverage 86.02 Bn 82.60 Bn 1.42 Bn 679.19 Mn
6 Ambev 46.18 Bn 42.67 Bn 2.06 Bn -724.58 Mn
7 Coca-Cola Europacific Partners 44.77 Bn 44.20 Bn - -5.53 Bn
8 Keurig Dr Pepper 43.22 Bn 45.90 Bn 3.07 Bn 46.00 Mn
9 Andina Bottling 28.97 Bn -301.93 Bn 698.26 Mn 618.19 Mn
10 Constellation Brands 19.91 Bn 19.81 Bn 1.32 Bn 457.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 679.19 Mn
Mar 31, 2026 563.39 Mn
Dec 31, 2025 640.70 Mn
Sep 30, 2025 549.13 Mn
Jun 30, 2025 544.79 Mn
Mar 31, 2025 478.22 Mn
Dec 31, 2024 621.22 Mn
Sep 30, 2024 519.88 Mn
Jun 30, 2024 492.34 Mn
Mar 31, 2024 485.14 Mn
Dec 31, 2023 504.41 Mn
Sep 30, 2023 473.24 Mn
Jun 30, 2023 450.42 Mn
Mar 31, 2023 412.79 Mn
Dec 31, 2022 389.96 Mn
Sep 30, 2022 415.80 Mn
Jun 30, 2022 406.91 Mn
Mar 31, 2022 377.18 Mn
Dec 31, 2021 354.70 Mn
Sep 30, 2021 344.69 Mn
API Access

Monster Beverage Operating Expenses API

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