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Screener / SEC EDGAR /CIK 0000865752 /10-K filed Feb 27, 2026, compared with Feb 28, 2025 /Numbers from the XBRL of the 10-Ks
Consumer staples peers:
HRLMNSTSTZSJMMKCHSY
Nasdaq Consumer staples · Soft Drinks

Monster Beverage MNST

MNST quote by TradingView

When this report uses the words “the Company”, “we”, “us” and “our”, these words refer to Monster Beverage Corporation and its subsidiaries, unless the context otherwise requires. 10-K, Item 1

Employees
6,891
Headquarters
Corona, CA
CEO
Hilton H. Schlosberg
Next results
around Feb 25, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $8.3B through the costs to a net profit of $1.9B · income statement of the 10-K

29% operating margin
Revenue to Gross profit: $4.6BRevenue to Cost of revenue: $3.7BGross profit to Operating profit: $2.4BGross profit to Operating expenses: $2.2BOperating profit to Net profit: $1.9BOperating profit to Tax & other: $513.9M Revenue: $8.3B REVENUE $8.3B +11% Y/Y Gross profit: $4.6B · 56% margin GROSS PROFIT $4.6B 56% margin · +14% Y/Y Cost of revenue: $3.7B · 44% of revenue COST OF REVENUE $3.7B 44% of revenue Operating profit: $2.4B · 29% margin OPERATING PROFIT $2.4B 29% margin · +25% Y/Y Operating expenses: $2.2B · 27% of revenue OPERATING EXPENSES $2.2B 27% of revenue Net profit: $1.9B · 23% margin NET PROFIT $1.9B 23% margin · +26% Y/Y Tax & other: $513.9M · 6% of revenue TAX & OTHER $513.9M 6% of revenue
Gross profit $4.6B 56% margin · +14% Y/Y
Operating profit $2.4B 29% margin · +25% Y/Y
Net profit $1.9B 23% margin · +26% Y/Y
The full income statement, year by year

MNST among Consumer staples peers

Six ratios from the latest 10-K. Each corner is the share of 32 peers the company is above, not a score.

Compare
Revenue growth: 10.7%, above 97% of 32 peers (their median 2.0%) REVENUE GROWTH 10.7% · above 97% Gross margin: 55.3%, above 77% of 30 peers (their median 38.9%) GROSS MARGIN 55.3% · above 77% Operating margin: 28.5%, above 86% of 28 peers (their median 13.6%) OPERATING MARGIN 28.5% · above 86% Net margin: 22.7%, above 91% of 32 peers (their median 7.6%) NET MARGIN 22.7% · above 91% FCF margin: 20.0%, above 88% of 32 peers (their median 10.4%) FCF MARGIN 20.0% · above 88% Return on capital: 18.2%, above 88% of 24 peers (their median 12.1%) RETURN ON CAPITAL 18.2% · above 88%
MNST Peer median Below the median

What changed

12 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 27, 2026 against Feb 28, 2025.

Risk factors
12 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Receivables growing faster than revenue
Receivables +32.5% vs revenue +10.7% (+21.8 pts)
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Receivables growing faster than revenue
    Receivables +32.5% vs revenue +10.7% (+21.8 pts)
  • Cash from operations $2.1B vs net income $1.9B (FY ending Dec 31, 2025)
9 more checks with nothing to note
  • Inventory +8.5% vs revenue +10.7% (-2.2 pts)
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Accrued Promotional Allowances
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

12 paragraphs in Risk Factors that were not in the 10-K filed Feb 28, 2025. Quoted as filed.

All 12 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 28, 2025 10-K, ITEM 1A
    Our use of artificial intelligence technologies in our operations may expose us to risks. We rely on artificial intelligence (“AI”) technologies to support and enhance various aspects of our products, services, and internal operations. These systems may not perform as intended and expose us to risks. In particular, AI models can…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 28, 2025 10-K, ITEM 1A
    Changes in the regulation of artificial intelligence could result in enforcement actions, fines, or other adverse consequences. We operate in a global market, and our use of AI is subject to different levels of regulations in different markets. These differences, as well as changes in the way AI is regulated—including potential new…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 28, 2025 10-K, ITEM 1A
    We are upgrading our enterprise resource planning system, including implementing SAP S4 HANA with a planned go-live date of January 1, 2028, in order to improve operational efficiency, scalability, and overall business management. These upgrades involve personnel training, data migration, and potential security and stability risks, and…
  4. Item 1A · new paragraph · not in the 10-K filed Feb 28, 2025 10-K, ITEM 1A
    Our investments are subject to risks which may cause losses and affect the liquidity of such investments. At December 31, 2025, we had $2.09 billion in cash and cash equivalents, $677.1 million in short-term investments and $487.3 million in long-term investments, including commercial paper, certificates of deposit, municipal…

New risk paragraphs, against peers

Latest 10-K of each, Consumer staples companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$6.3B$7.1B$7.5B$8.3B
Net income$1.2B$1.6B$1.5B$1.9B
Operating cash flow$887.7M$1.7B$1.9B$2.1B
Free cash flow$699.0M$1.5B$1.7B$2.0B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$8.3B ▲ 10.7% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Monster Beverage, Corona, CA · from the 10-K filed Feb 27, 2026

When this report uses the words “the Company”, “we”, “us” and “our”, these words refer to Monster Beverage Corporation and its subsidiaries, unless the context otherwise requires. Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business, except through its consolidated subsidiaries. The Company’s subsidiaries primarily develop and market energy drinks. We develop, market, sell and distribute energy drink beverages and concentrates for energy drink beverages, primarily under the following brand names:

Headquarters
Corona, CA
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
December 31
Last results
Nov 5, 2026

Employees, at the top of the page: "As of December 31, 2025, we have employees in 80 countries, with a total of 6,891 employees working worldwide" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 27, 2026 (open at SEC), compared with the 10-K filed Feb 28, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/MNST/export.csv") into a cell.