Monster Beverage Corp (MNST) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1 MONSTER WAY CORONA, CA 92879 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2086 - Bottled and Canned Soft Drinks and Carbonated Waters (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,533 | 3,253 | 2,669 | 3,076 | 2,062 | 1,331 | |||
| Cash and cash equivalent | 1,533 | 2,298 | 1,307 | 1,326 | 1,180 | 798 | |||
| Short-term investments | 956 | 1,362 | 1,750 | 881 | 533 | ||||
| Receivables | 1,222 | 1,194 | 1,016 | 897 | 666 | 540 | |||
| Inventory, net of allowances, customer advances and progress billings | 737 | 971 | 936 | 593 | 333 | 361 | |||
| Inventory | 737 | 971 | 936 | 593 | 333 | 361 | |||
| Prepaid expense | 42 | 54 | 34 | 33 | 25 | 29 | |||
| Other undisclosed current assets | 107 | 116 | 110 | 83 | 55 | 55 | |||
| Total current assets: | 3,642 | 5,589 | 4,765 | 4,682 | 3,141 | 2,316 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,047 | 891 | 517 | 314 | 315 | 299 | |||
| Long-term investments and receivables | 76 | 61 | 99 | 44 | 13 | ||||
| Long-term investments | 76 | 61 | 99 | 44 | 13 | ||||
| Intangible assets, net (including goodwill) | 2,746 | 2,845 | 2,638 | 2,404 | 2,391 | 2,384 | |||
| Goodwill | 1,332 | 1,418 | 1,418 | 1,332 | 1,332 | 1,332 | |||
| Intangible assets, net (excluding goodwill) | 1,414 | 1,427 | 1,220 | 1,072 | 1,059 | 1,052 | |||
| Deferred income tax assets | 184 | 175 | 177 | 225 | 242 | 85 | |||
| Other noncurrent assets | 100 | 110 | 134 | 80 | 70 | 54 | |||
| Total noncurrent assets: | 4,078 | 4,098 | 3,528 | 3,123 | 3,062 | 2,834 | |||
| TOTAL ASSETS: | 7,719 | 9,687 | 8,293 | 7,805 | 6,203 | 5,150 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 688 | 748 | 617 | 711 | 518 | 450 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 30 | 23 | 15 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 65 | 55 | 47 | ||
| Accounts payable | 467 | 564 | 444 | 404 | 297 | 274 | |||
| Accrued liabilities | 221 | 184 | 173 | 211 | 143 | 114 | |||
| Deferred revenue | 46 | 42 | 43 | 43 | 45 | 44 | |||
| Debt | 4 | 6 | 4 | ||||||
| Other undisclosed current liabilities | 360 | 365 | 341 | 211 | 187 | 162 | |||
| Total current liabilities: | 1,098 | 1,162 | 1,002 | 965 | 750 | 661 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 290 | 296 | 266 | 273 | 292 | 318 | |||
| Deferred revenue | 179 | 204 | 224 | 243 | 264 | 287 | |||
| Other liabilities | 111 | 92 | 42 | 30 | 27 | 31 | |||
| Total noncurrent liabilities: | 290 | 296 | 266 | 273 | 292 | 318 | |||
| Total liabilities: | 1,387 | 1,458 | 1,268 | 1,238 | 1,042 | 979 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 5,958 | 8,229 | 7,025 | 6,567 | 5,161 | 4,171 | |||
| Treasury stock, value | (6,372) | (2,566) | (6,600) | (5,829) | (5,815) | (5,220) | |||
| Additional paid in capital | 5,145 | 4,975 | 4,780 | 4,653 | 4,538 | 4,398 | |||
| Accumulated other comprehensive income (loss) | (269) | (125) | (159) | (69) | 3 | (32) | |||
| Retained earnings | 7,449 | 5,940 | 9,001 | 7,810 | 6,432 | 5,022 | |||
| Other undisclosed equity, attributable to parent | 6 | 6 | 3 | 3 | 3 | 3 | |||
| Total equity: | 5,958 | 8,229 | 7,025 | 6,567 | 5,161 | 4,171 | |||
| Other undisclosed liabilities and equity | 374 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 7,719 | 9,687 | 8,293 | 7,805 | 6,203 | 5,150 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 7,493 | 7,140 | 6,311 | 5,541 | 4,599 | 4,201 | ||
| Cost of revenue (Cost of Product and Service Sold) | (3,444) | (3,346) | (3,136) | (2,433) | (1,875) | (1,682) | ||
| Gross profit: | 4,049 | 3,794 | 3,175 | 3,109 | 2,724 | 2,519 | ||
| Operating expenses | (2,119) | (1,841) | (1,590) | (1,311) | (1,091) | (1,116) | ||
| Operating income: | 1,930 | 1,953 | 1,585 | 1,797 | 1,633 | 1,403 | ||
| Nonoperating income (expense) | 59 | 115 | (13) | 4 | (7) | 13 | ||
| Loss, foreign currency transaction, before tax | (4) | |||||||
| Other nonoperating income (expense) | 59 | 115 | (13) | 4 | (7) | |||
| Interest and debt expense | (0) | (0) | (0) | (0) | (0) | (0) | ||
| Income from continuing operations before equity method investments, income taxes: | 1,989 | 2,068 | 1,572 | 1,801 | 1,626 | 1,416 | ||
| Other undisclosed income from continuing operations before income taxes | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Income from continuing operations before income taxes: | 1,989 | 2,068 | 1,572 | 1,801 | 1,626 | 1,416 | ||
| Income tax expense | (480) | (437) | (380) | (424) | (217) | (308) | ||
| Income from continuing operations: | 1,509 | 1,631 | 1,192 | 1,377 | 1,410 | 1,108 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 1,377 | 1,410 | 1,108 | |
| Net income available to common stockholders, diluted: | 1,509 | 1,631 | 1,192 | 1,377 | 1,410 | 1,108 | ||
Comprehensive Income ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 1,509 | 1,631 | 1,192 | 1,377 | 1,410 | 1,108 | ||
| Other comprehensive income (loss) | 24 | (85) | (71) | |||||
| Other undisclosed comprehensive loss | ||||||||
| Comprehensive income: | 1,509 | 1,655 | 1,107 | 1,306 | 1,410 | 1,108 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (144) | 9 | (5) | (1) | 35 | 0 | ||
| Comprehensive income, net of tax, attributable to parent: | 1,365 | 1,665 | 1,102 | 1,305 | 1,445 | 1,108 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.