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

Monster Beverage (MNST) has 18 years of Operating Expenses data on file, last reported at $563.4 million in Q1 2026.

• Quarterly Operating Expenses rose 17.81% year-over-year to $563.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 8.82% YoY) and the FY2025 annual result came in at $2.2 billion, up 4.45% from the prior year.
• Operating Expenses slipped to $563.4 million in Q1 2026 per MNST's latest filing, from $640.7 million in the prior quarter.
• Across five years, Operating Expenses topped out at $640.7 million in Q4 2025 and bottomed at $377.2 million in Q1 2022.
• The 5-year median for Operating Expenses is $485.1 million (2024), against an average of $489.7 million.
• The widest annual swing landed in 2022, when Operating Expenses surged 30.9%; it then fell 1.43% in 2025.
• Tracing MNST's Operating Expenses over 5 years: stood at $390.0 million in 2022, then gained by 29.35% to $504.4 million in 2023, then grew by 23.16% to $621.2 million in 2024, then climbed by 3.14% to $640.7 million in 2025, then decreased by 12.07% to $563.4 million in 2026.
• Per Business Quant, the three latest MNST Operating Expenses figures stand at $563.4 million (Q1 2026), $640.7 million (Q4 2025), and $549.1 million (Q3 2025).

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