Monster Beverage (MNST) Revenue & Revenue Breakdown
Monster Beverage Revenue Highlights
Latest Revenue (Y)
$10.49B
Latest Revenue (Q)
$1.90B
Main Segment (Y)
Monster Energy Drinks Segment
Main Geography (Y)
U.S. and Canada
Monster Beverage Revenue by Period
Monster Beverage Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $10.49B | 66.15% |
| 2022-12-31 | $6.31B | 13.89% |
| 2021-12-31 | $5.54B | 20.50% |
| 2020-12-31 | $4.60B | 9.47% |
| 2019-12-31 | $4.20B | 10.34% |
| 2018-12-31 | $3.81B | 13.00% |
| 2017-12-31 | $3.37B | 10.48% |
| 2016-12-31 | $3.05B | 12.00% |
| 2015-12-31 | $2.72B | 10.45% |
| 2014-12-31 | $2.46B | 9.72% |
| 2013-12-31 | $2.25B | 9.01% |
| 2012-12-31 | $2.06B | 20.99% |
| 2011-12-31 | $1.70B | 30.62% |
| 2010-12-31 | $1.30B | 14.05% |
| 2009-12-31 | $1.14B | 10.59% |
| 2008-12-31 | $1.03B | 14.30% |
| 2007-12-31 | $904.47M | 49.31% |
| 2006-12-31 | $605.77M | 73.63% |
| 2005-12-31 | $348.89M | 93.46% |
| 2004-12-31 | $180.34M | 63.42% |
| 2003-12-31 | $110.35M | 19.89% |
| 2002-12-31 | $92.05M | -0.25% |
| 2001-12-31 | $92.28M | 15.74% |
| 2000-12-31 | $79.73M | 10.28% |
| 1999-12-31 | $72.30M | 34.14% |
| 1998-12-31 | $53.90M | 25.06% |
| 1997-12-31 | $43.10M | 21.07% |
| 1996-12-31 | $35.60M | 4.71% |
| 1995-12-31 | $34.00M | 18.06% |
| 1994-12-31 | $28.80M | 21.52% |
| 1993-12-31 | $23.70M | - |
Monster Beverage generated $10.49B in revenue during NA 2023, up 66.15% compared to the previous quarter, and up 275.42% compared to the same period a year ago.
Monster Beverage Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.90B | 0.08% |
| 2024-03-31 | $1.90B | 9.77% |
| 2023-12-31 | $1.73B | -6.78% |
| 2023-09-30 | $1.86B | 0.06% |
| 2023-06-30 | $1.85B | 9.18% |
| 2023-03-31 | $1.70B | 12.29% |
| 2022-12-31 | $1.51B | -6.86% |
| 2022-09-30 | $1.62B | -1.87% |
| 2022-06-30 | $1.66B | 9.00% |
| 2022-03-31 | $1.52B | 6.56% |
| 2021-12-31 | $1.43B | 1.03% |
| 2021-09-30 | $1.41B | -3.51% |
| 2021-06-30 | $1.46B | 17.54% |
| 2021-03-31 | $1.24B | 3.97% |
| 2020-12-31 | $1.20B | -4.02% |
| 2020-09-30 | $1.25B | 13.94% |
| 2020-06-30 | $1.09B | 2.99% |
| 2020-03-31 | $1.06B | 4.41% |
| 2019-12-31 | $1.02B | -10.27% |
| 2019-09-30 | $1.13B | 2.67% |
| 2019-06-30 | $1.10B | 16.71% |
| 2019-03-31 | $945.99M | 2.35% |
| 2018-12-31 | $924.23M | -9.05% |
| 2018-09-30 | $1.02B | 0.03% |
| 2018-06-30 | $1.02B | 19.39% |
| 2018-03-31 | $850.92M | 5.01% |
| 2017-12-31 | $810.36M | -10.90% |
| 2017-09-30 | $909.48M | 0.27% |
| 2017-06-30 | $907.07M | 22.22% |
| 2017-03-31 | $742.15M | -1.54% |
| 2016-12-31 | $753.76M | -4.34% |
| 2016-09-30 | $787.95M | -4.78% |
| 2016-06-30 | $827.49M | 21.66% |
| 2016-03-31 | $680.19M | 5.38% |
| 2015-12-31 | $645.43M | -14.70% |
| 2015-09-30 | $756.62M | 9.07% |
| 2015-06-30 | $693.72M | 10.68% |
| 2015-03-31 | $626.79M | 3.50% |
| 2014-12-31 | $605.57M | -4.78% |
| 2014-09-30 | $635.97M | -7.45% |
| 2014-06-30 | $687.20M | 28.18% |
| 2014-03-31 | $536.13M | -0.87% |
| 2013-12-31 | $540.85M | -8.40% |
| 2013-09-30 | $590.42M | -6.42% |
| 2013-06-30 | $630.93M | 30.30% |
| 2013-03-31 | $484.22M | 2.69% |
| 2012-12-31 | $471.52M | -12.99% |
| 2012-09-30 | $541.94M | -8.55% |
| 2012-06-30 | $592.64M | 30.36% |
| 2012-03-31 | $454.61M | 10.89% |
| 2011-12-31 | $409.96M | -13.64% |
| 2011-09-30 | $474.71M | 2.72% |
| 2011-06-30 | $462.14M | 29.66% |
| 2011-03-31 | $356.42M | 11.85% |
| 2010-12-31 | $318.67M | -16.46% |
| 2010-09-30 | $381.47M | 4.31% |
| 2010-06-30 | $365.70M | 53.58% |
| 2010-03-31 | $238.11M | -18.15% |
| 2009-12-31 | $290.91M | -5.53% |
| 2009-09-30 | $307.93M | 2.56% |
| 2009-06-30 | $300.25M | 22.95% |
| 2009-03-31 | $244.21M | -4.00% |
| 2008-12-31 | $254.37M | -10.74% |
| 2008-09-30 | $284.99M | 0.97% |
| 2008-06-30 | $282.24M | 33.02% |
| 2008-03-31 | $212.18M | -13.97% |
| 2007-12-31 | $246.64M | - |
Monster Beverage generated $1.90B in revenue during Q2 2024, up 0.08% compared to the previous quarter, and up 111.87% compared to the same period a year ago.
Monster Beverage Revenue Breakdown
Monster Beverage Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Strategic Brands Segment | $376.59M | $353.49M | $266.35M | $274.93M | - |
| Other Segments | $23.49M | $22.94M | - | - | - |
| Alcohol Brands | $184.85M | $101.41M | - | - | - |
| Monster Energy Drinks Segment | $6.56B | $5.83B | $4.31B | $3.90B | - |
| Other | - | - | $25.92M | - | - |
| Monster Energy Drinks | - | - | $5.22B | - | - |
| Strategic Brands | - | - | $294.76M | - | - |
| All Other Segments | - | - | - | $27.04M | $21.86M |
Monster Beverage's latest annual revenue breakdown by segment (product or service), as of Dec 23: Monster Energy Drinks Segment (91.81%), Strategic Brands Segment (5.27%), Alcohol Brands (2.59%), and Other Segments (0.33%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Segments | $5.53M | $11.57M | $7.31M | $4.61M | $4.59M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Strategic Brands Segment | $108.44M | $190.54M | $99.69M | $86.36M | $92.95M | $74.45M | $86.94M | $67.81M | $67.93M | $74.32M | $59.57M | $64.54M | $59.16M | $66.33M | $79.14M | $70.29M | - | - | - | - |
| Monster Energy Drinks Segment | $1.73B | $3.31B | $1.69B | $1.56B | $1.39B | $1.33B | $1.37B | $1.17B | $1.12B | $1.16B | $1.03B | $992.45M | $953.15M | $1.06B | $1.02B | $870.38M | - | - | - | - |
| Alcohol Brands | $56.07M | $77.49M | $61.08M | $46.29M | $26.93M | $26.82M | $32.45M | $15.21M | - | - | - | - | - | - | - | - | - | - | - | - |
| Other | - | - | - | - | - | $6.45M | $5.98M | $5.93M | $5.96M | - | - | - | - | - | - | - | - | - | - | - |
| Monster Energy Drinks | - | - | - | - | - | $1.50B | $1.54B | $1.40B | $1.35B | - | - | - | - | - | - | - | - | - | - | - |
| Strategic Brands | - | - | - | - | - | $88.80M | $79.14M | $92.59M | $65.57M | - | - | - | - | - | - | - | - | - | - | - |
| All Other Segments | - | - | - | - | - | - | - | - | - | $6.32M | $7.91M | $5.73M | $6.67M | $8.62M | $6.64M | $5.11M | $4.89M | $5.86M | $5.79M | $5.32M |
Monster Beverage's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Monster Energy Drinks Segment (91.05%), Strategic Brands Segment (5.71%), Alcohol Brands (2.95%), and Other Segments (0.29%).
Monster Beverage Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 21 | Dec 18 |
|---|---|---|---|
| Asia Pacific | $514.45M | $26.25M | - |
| U.S. and Canada | $4.61B | - | - |
| Latin America and Caribbean | $624.85M | - | - |
| EMEA | $1.39B | - | - |
| Other | - | $25.92M | - |
| E M E A | - | - | $77.84M |
| U.s. And Canada | - | - | $179.68M |
| Latin America And Caribbean | - | - | $2.06M |
Monster Beverage's latest annual revenue breakdown by geography, as of Dec 23: U.S. and Canada (64.57%), EMEA (19.48%), Latin America and Caribbean (8.75%), and Asia Pacific (7.21%).
Quarterly Revenue by Country
| Country | Mar 24 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|
| U.S. and Canada | $1.21B | - | - | - | - | - | - | - | - | - |
| EMEA | $395.57M | - | - | - | - | - | - | - | - | - |
| Asia Pacific | $131.22M | $6.22M | $6.11M | $8.23M | $6.37M | $5.55M | - | - | - | - |
| Latin America and Caribbean | $166.23M | - | - | - | - | - | - | - | - | - |
| Other | - | - | $5.98M | $5.93M | $5.96M | - | - | - | - | - |
| U.s. And Canada | - | - | - | - | - | $41.75M | $42.17M | $47.65M | $50.13M | $39.72M |
| E M E A | - | - | - | - | - | $21.91M | $17.27M | $18.29M | $22.97M | $19.31M |
| Latin America And Caribbean | - | - | - | - | - | $403.00K | $270.00K | $278.00K | $343.00K | $1.17M |
Monster Beverage's latest quarterly revenue breakdown by geography, as of Mar 24: U.S. and Canada (63.51%), EMEA (20.83%), Latin America and Caribbean (8.75%), and Asia Pacific (6.91%).
Monster Beverage Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| KOF | Coca-Cola FEMSA | $245.09B | $63.80B |
| PEP | PepsiCo | $91.47B | $22.50B |
| KO | Coca-Cola Company | $45.75B | $12.36B |
| CCEP | Coca-Cola Europacific Partners | $18.30B | $9.32B |
| KDP | Keurig Dr Pepper | $14.81B | $3.92B |
| MNST | Monster Beverage | $10.49B | $1.90B |
| COKE | Coca-Cola Consolidated | $6.65B | $1.80B |
| PRMW | Primo Water | $1.77B | $484.90M |
| CELH | Celsius | $1.32B | $401.98M |
| FIZZ | National Beverage | $1.19B | $329.47M |
| COCO | Vita Coco Company | $493.61M | $144.12M |
MNST Revenue FAQ
What is Monster Beverage’s yearly revenue?
Monster Beverage's yearly revenue for 2023 was $10.49B, representing an increase of 66.15% compared to 2022. The company's yearly revenue for 2022 was $6.31B, representing an increase of 13.89% compared to 2021. MNST's yearly revenue for 2021 was $5.54B, representing an increase of 20.50% compared to 2020.
What is Monster Beverage’s quarterly revenue?
Monster Beverage's quarterly revenue for Q2 2024 was $1.9B, a 0.08% increase from the previous quarter (Q1 2024), and a 2.46% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.9B, a 9.77% increase from the previous quarter (Q4 2023), and a 11.78% increase year-over-year (Q1 2023). MNST's quarterly revenue for Q4 2023 was $1.73B, a -6.78% decrease from the previous quarter (Q3 2023), and a 14.35% increase year-over-year (Q4 2022).
What is Monster Beverage’s revenue growth rate?
Monster Beverage's revenue growth rate for the last 3 years (2021-2023) was 89.23%, and for the last 5 years (2019-2023) was 149.61%.
What are Monster Beverage’s revenue streams?
Monster Beverage's revenue streams in c 23 are Strategic Brands Segment, Other Segments, Alcohol Brands, and Monster Energy Drinks Segment. Strategic Brands Segment generated $376.59M in revenue, accounting 5.27% of the company's total revenue, up 6.53% year-over-year. Other Segments generated $23.49M in revenue, accounting 0.33% of the company's total revenue, up 2.40% year-over-year. Alcohol Brands generated $184.86M in revenue, accounting 2.59% of the company's total revenue, up 82.29% year-over-year. Monster Energy Drinks Segment generated $6.56B in revenue, accounting 91.81% of the company's total revenue, up 12.38% year-over-year.
What is Monster Beverage’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Monster Beverage was Monster Energy Drinks Segment. This segment made a revenue of $6.56B, representing 91.81% of the company's total revenue.