Monster Beverage Corporation (MNST) quarterly cash flow statement — complete operating, investing & financing history
Monster Beverage Corporation (MNST) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 509.21M | 604.99M | 379.42M | 745.15M | 466.02M | 507.6M | 461.7M | 618.4M | 436.29M | 412.14M | 434.33M | 520.26M | 338.69M | 424.48M | 298.51M | 458.52M | 131.01M | -351K | 227.76M | 341.4M |
| Operating CF Margin % | 20.07% | 25.71% | 17.8% | 33.91% | 22.07% | 27.37% | 25.48% | 32.88% | 22.96% | 21.7% | 25.1% | 28.03% | 18.26% | 24.98% | 19.73% | 28.23% | 7.92% | -0.02% | 15.98% | 24.2% |
| Operating CF Growth % | 9.27% | 19.19% | -17.82% | 20.5% | 6.81% | 23.16% | 6.3% | 18.86% | 28.82% | -2.91% | 45.5% | 13.47% | 158.51% | - | 31.07% | 34.31% | -68.13% | -100.2% | -45.11% | -32.9% |
| Net Income | 584.54M | 569.49M | 449.19M | 524.46M | 488.79M | 442.99M | 270.71M | 370.92M | 425.37M | 442.05M | 366.98M | 452.69M | 413.87M | 397.44M | 301.67M | 322.39M | 273.36M | 294.2M | 321.31M | 337.2M |
| Depreciation & Amortization | 29.78M | 28.4M | 32.42M | 29.62M | 27.56M | 24.85M | 20.61M | 19.91M | 19.44M | 20.48M | 18.53M | 17.98M | 15.58M | 16.81M | 15.2M | 15.61M | 15.83M | 14.6M | 9.44M | 13.23M |
| Stock-Based Compensation | 35.67M | 28.29M | 39.02M | 32.81M | 33.13M | 20.73M | 22.19M | 27.53M | 18.79M | 22.47M | 16.37M | 17.9M | 18.55M | 16.05M | 14.94M | 16.56M | 16.28M | 16.33M | 18.09M | 16.7M |
| Deferred Taxes | 1K | -413K | -455K | -191K | 511K | 135K | -1.46M | 3.05M | -13.3M | 9K | 2.04M | -93.62M | 0 | 0 | 18.47M | 7.78M | 20.45M | 1.48M | 16.08M | 0 |
| Other Non-Cash Items | 3.37M | 2.95M | 61.2M | 3.02M | 1.99M | 6.62M | 134.19M | 3.42M | 11.51M | 3.01M | 43.66M | 51.93M | 3.09M | 1.77M | 4.42M | 1.77M | 3.16M | -6K | 4.08M | -162K |
| Working Capital Changes | -144.15M | -23.73M | -201.96M | 155.43M | -85.96M | 12.28M | 15.46M | 193.56M | -25.51M | -75.87M | -13.26M | 73.39M | -112.4M | -7.6M | -56.2M | 94.42M | -198.07M | -326.96M | -141.24M | -25.57M |
| Change in Receivables | -41.35M | -249.07M | -1.46M | -76.9M | -112.68M | -109.56M | 12.49M | 90.82M | -2.15M | -195.08M | 55.65M | 99M | -150.3M | -167.51M | 73.47M | 86.79M | -154.8M | -134.43M | -54.75M | 40.06M |
| Change in Inventory | -40.28M | -33.5M | -93.31M | -46.25M | 85.04M | 19.59M | 14.4M | 73.62M | 100.78M | 22.71M | -61.9M | -23.28M | 57.58M | 35.49M | -50.57M | 1.94M | -90.4M | -208.67M | -128.38M | -96.87M |
| Change in Payables | 27.51M | 164.7M | -70.11M | 144.24M | -7.43M | 11.77M | -47.15M | 19.16M | -24.44M | -9.06M | 2.96M | -22.35M | 81.05M | 51.12M | -2.9M | -32.84M | 67.17M | 18.33M | 7.73M | 42.95M |
| Cash from Investing | -408.63M | -520.68M | -597.53M | -361.52M | -326.87M | -30.86M | -109.29M | -60.29M | 938.63M | -35.32M | 166.63M | -201.81M | -105.44M | -52.77M | -103.62M | -52.01M | 297.89M | -303.63M | -610.32M | -201.54M |
| Capital Expenditures | -44.9M | -24.14M | 104.1M | -43.64M | -42.57M | -34.4M | -111.56M | -46.98M | -57.9M | -75.64M | -102.35M | -27.8M | -42.33M | -44.05M | -72.42M | -36.71M | -79.41M | -29.93M | -24.11M | -7.89M |
| CapEx % of Revenue | 1.77% | 1.03% | 4.88% | 1.99% | 2.02% | 1.85% | 6.16% | 2.5% | 3.05% | 3.98% | 5.92% | 1.5% | 2.28% | 2.59% | 4.79% | 2.26% | 4.8% | 1.97% | 1.69% | 0.56% |
| Acquisitions | -819K | 819K | 1.55M | 0 | 1.19M | 1.15M | 637K | 0 | 630K | 422K | 767K | -363.38M | 0 | 564K | 710K | 0 | 884K | -330.36M | -8.29M | 4.94M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -10.38M | 1.01M | -1.3B | -3.27M | -2.4M | 2.4M | 1.64M | -13.3M | 0 | 0 | 0 | -4.76M | -6.04M | -13.03M | -7.17M | 114K | -6.14M | -6.23M | 19.83M | -6.29M |
| Cash from Financing | 59.42M | -118.12M | -11.82M | -3.63M | -163.39M | -145.59M | -361.32M | -527.23M | -2.36B | -84.75M | -108.81M | -395.97M | -31.77M | -6.05M | -247.66M | -190.32M | -264.73M | -4.22M | 13.29M | 7.24M |
| Debt Issued (Net) | -1.47M | -2.11M | -2.3M | -3.02M | -202.98M | -177.04M | -376.51M | -1.58M | 744.85M | -2.9M | -2.64M | -4.61M | 610K | -7.27M | 794K | -5.64M | 1.47M | 3.45M | 4.74M | -5.44M |
| Equity Issued (Net) | 60.89M | -116.01M | -9.52M | -609K | 39.59M | 31.46M | 15.18M | -525.65M | -3.11B | -81.85M | -106.17M | -391.36M | -32.38M | 1.22M | -248.46M | -184.68M | -266.2M | -12.19M | 8.55M | 12.67M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -8K | -133.97M | -59.73M | -27.29M | 0 | -16.63M | -1.69M | -535.66M | -3.11B | -120.25M | -170.87M | -397.25M | -55.7M | -35.13M | -277.71M | -196.82M | -284.31M | -12.19M | -12K | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.51M | 0 | 0 |
| Net Change in Cash | 152.72M | -48.42M | -204.82M | 366.01M | 23.51M | 370.13M | -92.05M | 60.6M | -1.01B | 278.85M | 523.83M | -95.92M | 197.11M | 365.52M | 4.09M | 171.01M | 117.25M | -311.68M | -386.21M | 128.43M |
| Free Cash Flow | 460.79M | 584.38M | 351.24M | 701.5M | 434.61M | 478.54M | 370.42M | 556.31M | 378.77M | 337.49M | 318.94M | 489.28M | 294.39M | 380.42M | 226.1M | 428.13M | 51.6M | -30.28M | 203.65M | 333.5M |
| FCF Margin % | 18.16% | 24.83% | 16.48% | 31.93% | 20.58% | 25.8% | 20.44% | 29.58% | 19.93% | 17.77% | 18.43% | 26.36% | 15.87% | 22.39% | 14.94% | 26.36% | 3.12% | -1.99% | 14.29% | 23.64% |
| FCF Growth % | 6.02% | 22.12% | -5.18% | 26.1% | 14.74% | 41.8% | 16.14% | 13.7% | 28.66% | -11.29% | 41.06% | 14.28% | 470.48% | 1356.31% | 11.02% | 28.37% | -87.14% | -118.95% | -50.12% | -27.97% |
| FCF per Share | 0.23 | 0.30 | 0.18 | 0.36 | 0.22 | 0.24 | 0.19 | 0.28 | 0.18 | 0.16 | 0.30 | 0.46 | 0.28 | 0.36 | 0.21 | 0.40 | 0.05 | -0.03 | 0.19 | 0.31 |
| FCF Conversion (FCF/Net Income) | 0.87x | 1.06x | 0.84x | 1.42x | 0.95x | 1.15x | 1.71x | 1.67x | 1.03x | 0.93x | 1.18x | 1.15x | 0.82x | 1.07x | 0.99x | 1.42x | 0.48x | -0.00x | 0.71x | 1.01x |
| Interest Paid | 57K | 41K | 41K | 152K | 970K | 4.17M | 11.46M | 12.35M | 1.37M | 91K | 109K | 107K | 51K | 96K | 72K | 132K | 136K | 91K | 35K | 47K |
| Taxes Paid | 260.63M | 71.42M | 136.92M | 150.48M | 201.06M | 61.65M | -411.88M | 135.53M | 212.72M | 63.63M | 74.28M | 116.05M | 175.91M | 56.98M | 82.47M | 88.01M | 96.65M | 112.86M | 81.94M | 122.78M |