Monster Beverage (MNST) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Monster Beverage Revenue Highlights


Latest Revenue (Y)

$10.49B

Latest Revenue (Q)

$2.76B

Main Segment (Y)

Monster Energy Drinks Segment

Main Geography (Y)

U.S. and Canada

Monster Beverage Revenue by Period


Monster Beverage Revenue by Year

DateRevenueChange
2023-12-31$10.49B66.15%
2022-12-31$6.31B13.89%
2021-12-31$5.54B20.50%
2020-12-31$4.60B9.47%
2019-12-31$4.20B10.34%
2018-12-31$3.81B13.00%
2017-12-31$3.37B10.48%
2016-12-31$3.05B12.00%
2015-12-31$2.72B10.45%
2014-12-31$2.46B9.72%
2013-12-31$2.25B9.01%
2012-12-31$2.06B20.99%
2011-12-31$1.70B30.62%
2010-12-31$1.30B14.05%
2009-12-31$1.14B10.59%
2008-12-31$1.03B14.30%
2007-12-31$904.47M49.31%
2006-12-31$605.77M73.63%
2005-12-31$348.89M93.46%
2004-12-31$180.34M63.42%
2003-12-31$110.35M19.89%
2002-12-31$92.05M-0.25%
2001-12-31$92.28M15.74%
2000-12-31$79.73M10.28%
1999-12-31$72.30M34.14%
1998-12-31$53.90M25.06%
1997-12-31$43.10M21.07%
1996-12-31$35.60M4.71%
1995-12-31$34.00M18.06%
1994-12-31$28.80M21.52%
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

DateRevenueChange
2024-09-30$2.76B45.33%
2024-06-30$1.90B0.08%
2024-03-31$1.90B9.77%
2023-12-31$1.73B-6.78%
2023-09-30$1.86B0.06%
2023-06-30$1.85B9.18%
2023-03-31$1.70B12.29%
2022-12-31$1.51B-6.86%
2022-09-30$1.62B-1.87%
2022-06-30$1.66B9.00%
2022-03-31$1.52B6.56%
2021-12-31$1.43B1.03%
2021-09-30$1.41B-3.51%
2021-06-30$1.46B17.54%
2021-03-31$1.24B3.97%
2020-12-31$1.20B-4.02%
2020-09-30$1.25B13.94%
2020-06-30$1.09B2.99%
2020-03-31$1.06B4.41%
2019-12-31$1.02B-10.27%
2019-09-30$1.13B2.67%
2019-06-30$1.10B16.71%
2019-03-31$945.99M2.35%
2018-12-31$924.23M-9.05%
2018-09-30$1.02B0.03%
2018-06-30$1.02B19.39%
2018-03-31$850.92M5.01%
2017-12-31$810.36M-10.90%
2017-09-30$909.48M0.27%
2017-06-30$907.07M22.22%
2017-03-31$742.15M-1.54%
2016-12-31$753.76M-4.34%
2016-09-30$787.95M-4.78%
2016-06-30$827.49M21.66%
2016-03-31$680.19M5.38%
2015-12-31$645.43M-14.70%
2015-09-30$756.62M9.07%
2015-06-30$693.72M10.68%
2015-03-31$626.79M3.50%
2014-12-31$605.57M-4.78%
2014-09-30$635.97M-7.45%
2014-06-30$687.20M28.18%
2014-03-31$536.13M-0.87%
2013-12-31$540.85M-8.40%
2013-09-30$590.42M-6.42%
2013-06-30$630.93M30.30%
2013-03-31$484.22M2.69%
2012-12-31$471.52M-12.99%
2012-09-30$541.94M-8.55%
2012-06-30$592.64M30.36%
2012-03-31$454.61M10.89%
2011-12-31$409.96M-13.64%
2011-09-30$474.71M2.72%
2011-06-30$462.14M29.66%
2011-03-31$356.42M11.85%
2010-12-31$318.67M-16.46%
2010-09-30$381.47M4.31%
2010-06-30$365.70M53.58%
2010-03-31$238.11M-18.15%
2009-12-31$290.91M-5.53%
2009-09-30$307.93M2.56%
2009-06-30$300.25M22.95%
2009-03-31$244.21M-4.00%
2008-12-31$254.37M-10.74%
2008-09-30$284.99M0.97%
2008-06-30$282.24M33.02%
2008-03-31$212.18M-13.97%
2007-12-31$246.64M-

Monster Beverage generated $2.76B in revenue during Q3 2024, up 45.33% compared to the previous quarter, and up 148.91% compared to the same period a year ago.

Monster Beverage Revenue Breakdown


Monster Beverage Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Monster Energy Drinks Segment$6.56B$5.83B$4.31B$3.90B-
Strategic Brands Segment$376.59M$353.49M$266.35M$274.93M-
Other Segments$23.49M$22.94M---
Alcohol Brands$184.85M$101.41M---
Strategic Brands--$294.76M--
Monster Energy Drinks--$5.22B--
Other--$25.92M--
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/ServiceSep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Monster Energy Drinks Segment$1.72B$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----
Alcohol Brands$39.78M$56.07M$77.49M$61.08M$46.29M$26.93M$26.82M$32.45M$15.21M-----------
Strategic Brands Segment$112.57M$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----
Other Segments-$5.53M$11.57M$7.31M$4.61M$4.59M--------------
Monster Energy Drinks------$1.50B$1.54B$1.40B$1.35B----------
Strategic Brands------$88.80M$79.14M$92.59M$65.57M----------
Other------$6.45M$5.98M$5.93M$5.96M----------
All Other Segments----------$6.32M$7.91M$5.73M$6.67M$8.62M$6.64M$5.11M$4.89M$5.86M$5.79M

Monster Beverage's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Monster Energy Drinks Segment (91.87%), Strategic Brands Segment (6.00%), and Alcohol Brands (2.12%).

Monster Beverage Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 21Dec 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-
Latin America And Caribbean--$2.06M
E M E A--$77.84M
U.s. And Canada--$179.68M

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

CountrySep 24Mar 24Sep 22Jun 22Mar 22Dec 21Mar 19Dec 18Sep 18Jun 18Mar 18
EMEA$417.59M$395.57M---------
U.S. and Canada$1.17B$1.21B---------
Latin America and Caribbean$159.18M$166.23M---------
Asia Pacific$132.05M$131.22M$6.22M$6.11M$8.23M$6.37M$5.55M----
Other---$5.98M$5.93M$5.96M-----
Latin America And Caribbean------$403.00K$270.00K$278.00K$343.00K$1.17M
E M E A------$21.91M$17.27M$18.29M$22.97M$19.31M
U.s. And Canada------$41.75M$42.17M$47.65M$50.13M$39.72M

Monster Beverage's latest quarterly revenue breakdown by geography, as of Sep 24: U.S. and Canada (62.32%), EMEA (22.20%), Latin America and Caribbean (8.46%), and Asia Pacific (7.02%).

Monster Beverage Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
KOFCoca-Cola FEMSA$245.09B$63.80B
PEPPepsiCo$91.47B$23.32B
KOCoca-Cola Company$45.75B$11.85B
CCEPCoca-Cola Europacific Partners$18.30B$9.32B
KDPKeurig Dr Pepper$14.81B$3.89B
MNSTMonster Beverage$10.49B$2.76B
COKECoca-Cola Consolidated$6.65B$1.77B
CELHCelsius$1.32B$265.75M
FIZZNational Beverage$1.19B$291.20M
COCOVita Coco Company$493.61M$132.91M

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 Q3 2024 was $2.76B, a 45.33% increase from the previous quarter (Q2 2024), and a 48.82% increase year-over-year (Q3 2023). The company'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). MNST'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).

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 Monster Energy Drinks Segment, Strategic Brands Segment, Other Segments, and Alcohol Brands. Monster Energy Drinks Segment generated $6.56B in revenue, accounting 91.81% of the company's total revenue, up 12.38% year-over-year. 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.

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.