Monster Beverage Corporation (MNST) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MNST Revenue Growth
Revenue Breakdown (FY 2025)
MNST's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MNST Revenue Analysis (2014–2025)
As of May 6, 2026, Monster Beverage Corporation (MNST) generated trailing twelve-month (TTM) revenue of $8.29 billion, reflecting strong growth of +17.6% year-over-year. The most recent quarter (Q4 2025) recorded $2.13 billion in revenue, down 3.0% sequentially.
Looking at the longer-term picture, MNST's 5-year compound annual growth rate (CAGR) stands at +12.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $8.29 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows MNST's business is primarily driven by Monster Energy Drinks (93%), Strategic Brands (6%), and Alcohol Brands (2%). With over half of revenue concentrated in Monster Energy Drinks, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Defensive sector peers including CELH (+85.5% YoY), FIZZ (+1.0% YoY), and KO (+5.1% YoY), MNST has underperformed the peer group in terms of revenue growth. Compare MNST vs CELH →
MNST Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MNSTCurrent | $8.3B | +17.6% | +12.5% | 29.2% | |
 CELH | $2.5B | +85.5% | +80.7% | 18.6% | |
 FIZZ | $1.2B | +1.0% | +3.7% | 19.6% | |
 KO | $47.9B | +5.1% | +7.7% | 28.7% | |
 PEP | $93.9B | +2.3% | +5.9% | 12.2% | |
 KDP | $16.6B | +9.2% | +7.4% | 22.0% |
MNST Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $8.29B | +10.7% | $4.63B | 55.8% | $2.42B | 29.2% |
| 2024 | $7.49B | +4.9% | $4.05B | 54.0% | $1.93B | 25.8% |
| 2023 | $7.14B | +13.1% | $3.79B | 53.1% | $1.95B | 27.4% |
| 2022 | $6.31B | +13.9% | $3.17B | 50.3% | $1.58B | 25.1% |
| 2021 | $5.54B | +20.5% | $3.11B | 56.1% | $1.80B | 32.4% |
| 2020 | $4.60B | +9.5% | $2.72B | 59.2% | $1.63B | 35.5% |
| 2019 | $4.20B | +10.3% | $2.52B | 60.0% | $1.40B | 33.4% |
| 2018 | $3.81B | +13.0% | $2.30B | 60.3% | $1.28B | 33.7% |
| 2017 | $3.37B | +10.5% | $2.14B | 63.5% | $1.20B | 35.6% |
| 2016 | $3.05B | +12.0% | $1.94B | 63.7% | $1.09B | 35.6% |
Full MNST Stock Analysis
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Start ComparisonMNST — Frequently Asked Questions
Quick answers to the most common questions about buying MNST stock.
Is MNST's revenue growth accelerating or slowing?
MNST revenue is accelerating at +17.6% year-over-year, exceeding the 5-year CAGR of +12.5%. TTM revenue reached $8.3B. Growth momentum has increased versus prior periods.
What is MNST's long-term revenue growth rate?
Monster Beverage Corporation's 5-year revenue CAGR of +12.5% reflects the sustained expansion pattern. Current YoY growth of +17.6% is above this long-term average.
How is MNST's revenue distributed by segment?
MNST reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.