Monster Beverage (MNST) Raw Materials (2010 - 2026)
Monster Beverage (MNST) recorded Raw Materials of $364.26 million in Q2 2026, up 41.2% from $257.95 million a year earlier and up 14.4% from the prior quarter.
Monster Beverage (MNST) Raw Materials (2010 - 2026) Analysis & Trends
At the end of FY2025, Monster Beverage reported Raw Materials of $322.6 million, up 38.6% from FY2024.
- Annual Raw Materials has a five-year compound annual growth rate of 15.8% (FY2020 to FY2025).
- Across earlier years, Raw Materials came in at $232.7 million in FY2024 (-29.5%), $330.02 million in FY2023 (-29.4%), $467.39 million in FY2022 (+33.6%) and $349.87 million in FY2021 (+125.5%).
- The Q2 2026 figure is the highest quarterly Raw Materials since Q2 2023.
- On a year-over-year basis, Raw Materials has increased for four consecutive quarters, with growth averaging 7.0% over the last eight quarters.
- Peak year-over-year performance for Raw Materials in the last five years was growth of 125.5% in Q4 2021, against a decline of 32.2% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $318.52 million (Q1 2026), $322.6 million (Q4 2025) and $311.81 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coca Cola | 395.88 Bn | 382.35 Bn | 8.42 Bn |
| 2 | Coca Cola Femsa Sab De Cv | 193.50 Bn | 193.50 Bn | 2.06 Bn |
| 3 | Pepsico | 175.26 Bn | 133.02 Bn | 13.75 Bn |
| 4 | Monster Beverage | 88.72 Bn | 76.97 Bn | 1.42 Bn |
| 5 | Diageo | 52.28 Bn | 32.35 Bn | - |
| 6 | Ambev | 50.60 Bn | 35.89 Bn | 2.06 Bn |
| 7 | Coca-Cola Europacific Partners | 50.03 Bn | 42.70 Bn | - |
| 8 | Keurig Dr Pepper | 46.25 Bn | 42.30 Bn | 3.07 Bn |
| 9 | Constellation Brands | 22.09 Bn | 21.64 Bn | 1.39 Bn |
| 10 | Coca-Cola Consolidated | 13.61 Bn | 11.24 Bn | 778.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 364.26 Mn |
| Mar 31, 2026 | 318.52 Mn |
| Dec 31, 2025 | 322.60 Mn |
| Sep 30, 2025 | 311.81 Mn |
| Jun 30, 2025 | 257.95 Mn |
| Mar 31, 2025 | 240.11 Mn |
| Dec 31, 2024 | 232.70 Mn |
| Sep 30, 2024 | 257.05 Mn |
| Jun 30, 2024 | 271.34 Mn |
| Mar 31, 2024 | 285.97 Mn |
| Dec 31, 2023 | 330.02 Mn |
| Sep 30, 2023 | 355.56 Mn |
| Jun 30, 2023 | 399.56 Mn |
| Mar 31, 2023 | 421.91 Mn |
| Dec 31, 2022 | 467.39 Mn |
| Sep 30, 2022 | 450.10 Mn |
| Dec 31, 2021 | 349.87 Mn |
| Sep 30, 2021 | 284.71 Mn |
| Jun 30, 2021 | 211.16 Mn |
| Mar 31, 2021 | 180.13 Mn |
Monster Beverage Raw Materials 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=raw-materials&ticker=MNST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "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=raw-materials&ticker=MNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();