Monster Beverage annual free cash flow
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2025
Monster Beverage Free Cash Flow (FCF) History (MNST)
Monster Beverage reported $1.97B in free cash flow for fiscal 2025, an increase of 18.11% from the previous fiscal year, with a free cash flow margin of 23.70%.
View full Monster Beverage company overviewMonster Beverage free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.97B | $301.4M | +18.11% | +23.70% |
| 2024 | 2024-12-31 | $1.66B | $168.1M | +11.24% | +22.21% |
| 2023 | 2023-12-31 | $1.50B | $797.4M | +114.07% | +20.96% |
| 2022 | 2022-12-31 | $699.0M | −$412.9M | −37.14% | +11.08% |
| 2021 | 2021-12-31 | $1.11B | −$203.6M | −15.48% | +20.07% |
| 2020 | 2020-12-31 | $1.32B | $303.3M | +29.97% | +28.61% |
| 2019 | 2019-12-31 | $1.01B | −$87.8M | −7.99% | +24.09% |
| 2018 | 2018-12-31 | $1.10B | $195.6M | +21.63% | +28.89% |
| 2017 | 2017-12-31 | $904.3M | $302.8M | +50.33% | +26.84% |
| 2016 | 2016-12-31 | $601.5M | $114.4M | +23.49% | +19.73% |
| 2015 | 2015-12-31 | $487.1M | −$82.4M | −14.47% | — |
| 2014 | 2014-12-31 | $569.5M | $268.3M | +89.05% | — |
| 2013 | 2013-12-31 | $301.3M | $56.5M | +23.10% | — |
| 2012 | 2012-12-31 | $244.7M | −$63.5M | −20.61% | — |
| 2011 | 2011-12-31 | $308.3M | $91.8M | +42.39% | — |
| 2010 | 2010-12-31 | $216.5M | $83.9M | +63.23% | — |
| 2009 | 2009-12-31 | $132.6M | −$60.1M | −31.20% | — |
| 2008 | 2008-12-31 | $192.8M | — | — | — |
Monster Beverage quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $460.8M | $26.2M | +6.02% | +18.16% |
| Q1 2026 | 2026-03-31 | $584.4M | $105.8M | +22.12% | +24.83% |
| Q4 2025 | 2025-12-31 | $351.2M | −$19.2M | −5.18% | +16.48% |
| Q3 2025 | 2025-09-30 | $701.5M | $130.1M | +22.77% | +31.93% |
| Q2 2025 | 2025-06-30 | $434.6M | $58.1M | +15.43% | +20.58% |
| Q1 2025 | 2025-03-31 | $478.5M | $132.4M | +38.27% | +25.80% |
| Q4 2024 | 2024-12-31 | $370.4M | $47.3M | +14.64% | +20.44% |
| Q3 2024 | 2024-09-30 | $571.4M | $79.0M | +16.03% | +30.38% |
| Q2 2024 | 2024-06-30 | $376.5M | $80.2M | +27.05% | +19.81% |
| Q1 2024 | 2024-03-31 | $346.1M | −$38.3M | −9.96% | +18.22% |
| Q4 2023 | 2023-12-31 | $323.1M | $77.2M | +31.38% | +18.68% |
| Q3 2023 | 2023-09-30 | $492.5M | $70.7M | +16.75% | +26.53% |
| Q2 2023 | 2023-06-30 | $296.4M | $243.3M | +458.34% | +15.98% |
| Q1 2023 | 2023-03-31 | $384.4M | $406.2M | — | +22.62% |
| Q4 2022 | 2022-12-31 | $245.9M | $33.9M | +16.00% | +16.26% |
| Q3 2022 | 2022-09-30 | $421.8M | $93.0M | +28.29% | +25.97% |
| Q2 2022 | 2022-06-30 | $53.1M | −$350.9M | −86.86% | +3.21% |
| Q1 2022 | 2022-03-31 | −$21.9M | −$188.9M | — | −1.44% |
| Q4 2021 | 2021-12-31 | $212.0M | −$196.2M | −48.07% | +14.88% |
| Q3 2021 | 2021-09-30 | $328.8M | −$167.0M | −33.69% | +23.31% |
| Q2 2021 | 2021-06-30 | $404.0M | $172.7M | +74.64% | +27.63% |
| Q1 2021 | 2021-03-31 | $167.1M | −$12.9M | −7.19% | +13.43% |
| Q4 2020 | 2020-12-31 | $408.3M | $172.8M | +73.42% | +34.13% |
| Q3 2020 | 2020-09-30 | $495.8M | $152.9M | +44.57% | +39.78% |
| Q2 2020 | 2020-06-30 | $231.3M | −$87.5M | −27.44% | +21.15% |
| Q1 2020 | 2020-03-31 | $180.0M | $65.1M | +56.65% | +16.95% |
| Q4 2019 | 2019-12-31 | $235.4M | −$93.0M | −28.32% | +23.14% |
| Q3 2019 | 2019-09-30 | $343.0M | $38.2M | +12.52% | +30.26% |
| Q2 2019 | 2019-06-30 | $318.8M | −$12.0M | −3.63% | +28.88% |
| Q1 2019 | 2019-03-31 | $114.9M | −$21.0M | −15.42% | +12.15% |
| Q4 2018 | 2018-12-31 | $328.4M | $146.5M | +80.49% | +35.54% |
| Q3 2018 | 2018-09-30 | $304.8M | $75.2M | +32.78% | +30.00% |
| Q2 2018 | 2018-06-30 | $330.8M | $11.9M | +3.75% | +32.56% |
| Q1 2018 | 2018-03-31 | $135.9M | −$38.0M | −21.86% | +15.97% |
| Q4 2017 | 2017-12-31 | $182.0M | −$66.4M | −26.73% | — |
| Q3 2017 | 2017-09-30 | $229.6M | $106.1M | +85.99% | +25.24% |
| Q2 2017 | 2017-06-30 | $318.9M | $190.5M | +148.37% | — |
| Q1 2017 | 2017-03-31 | $173.9M | $72.5M | +71.55% | — |
| Q4 2016 | 2016-12-31 | $248.4M | $87.3M | +54.25% | — |
| Q3 2016 | 2016-09-30 | $123.4M | −$57.7M | −31.86% | — |
| Q2 2016 | 2016-06-30 | $128.4M | $81.7M | +174.73% | — |
| Q1 2016 | 2016-03-31 | $101.4M | $3.1M | +3.17% | — |
| Q4 2015 | 2015-12-31 | $161.0M | −$20.8M | −11.43% | — |
| Q3 2015 | 2015-09-30 | $181.1M | $37.3M | +25.92% | — |
| Q2 2015 | 2015-06-30 | $46.7M | −$70.6M | −60.18% | — |
| Q1 2015 | 2015-03-31 | $98.2M | −$28.3M | −22.36% | — |
| Q4 2014 | 2014-12-31 | $181.8M | $123.7M | +213.17% | — |
| Q3 2014 | 2014-09-30 | $143.8M | −$22.2M | −13.35% | — |
| Q2 2014 | 2014-06-30 | $117.4M | $77.3M | +192.98% | — |
| Q1 2014 | 2014-03-31 | $126.5M | $89.4M | +240.49% | — |
| Q4 2013 | 2013-12-31 | $58.0M | $5.5M | +10.56% | — |
| Q3 2013 | 2013-09-30 | $166.0M | $64.0M | +62.67% | — |
| Q2 2013 | 2013-06-30 | $40.1M | −$27.9M | −41.05% | — |
| Q1 2013 | 2013-03-31 | $37.2M | $14.9M | +67.18% | — |
| Q4 2012 | 2012-12-31 | $52.5M | −$42.7M | −44.85% | — |
| Q3 2012 | 2012-09-30 | $102.0M | $625,000 | +0.62% | — |
| Q2 2012 | 2012-06-30 | $68.0M | −$26.6M | −28.13% | — |
| Q1 2012 | 2012-03-31 | $22.2M | $5.1M | +30.06% | — |
| Q4 2011 | 2011-12-31 | $95.2M | $41.5M | +77.44% | — |
| Q3 2011 | 2011-09-30 | $101.4M | $60.9M | +150.37% | — |
| Q2 2011 | 2011-06-30 | $94.6M | $38.8M | +69.56% | — |
| Q1 2011 | 2011-03-31 | $17.1M | −$49.5M | −74.33% | — |
| Q4 2010 | 2010-12-31 | $53.7M | −$32.6M | −37.78% | — |
| Q3 2010 | 2010-09-30 | $40.5M | — | — | — |
| Q2 2010 | 2010-06-30 | $55.8M | — | — | — |
| Q1 2010 | 2010-03-31 | $66.6M | — | — | — |
| Q3 2009 | 2009-09-30 | $86.2M | — | — | — |
Monster Beverage free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $1.32B to $1.97B, a compound annual growth rate of 8.37%. Monster Beverage's latest reported quarter, Q2 2026, generated $460.8M in free cash flow, an increase of 6.02% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Monster Beverage filings at SEC.gov ↗