Monster Beverage annual operating expenses
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Monster Beverage Operating Expenses Growth & History (MNST)
Monster Beverage's operating expenses was $2.21B for fiscal 2025.
View full Monster Beverage company overviewMonster Beverage annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.21B | $94.3M | +4.45% |
| 2024 | 2024-12-31 | $2.12B | $277.7M | +15.09% |
| 2023 | 2023-12-31 | $1.84B | $251.0M | +15.79% |
| 2022 | 2022-12-31 | $1.59B | $278.8M | +21.27% |
| 2021 | 2021-12-31 | $1.31B | $220.3M | +20.20% |
| 2020 | 2020-12-31 | $1.09B | −$24.9M | −2.23% |
| 2019 | 2019-12-31 | $1.12B | $103.9M | +10.27% |
| 2018 | 2018-12-31 | $1.01B | $72.9M | +7.76% |
| 2017 | 2017-12-31 | $938.9M | $82.2M | +9.60% |
| 2016 | 2016-12-31 | $856.7M | −$43.5M | −4.83% |
| 2015 | 2015-12-31 | $900.1M | $307.8M | +51.97% |
| 2014 | 2014-12-31 | $592.3M | −$7.7M | −1.28% |
| 2013 | 2013-12-31 | $600.0M | $85.0M | +16.50% |
| 2012 | 2012-12-31 | $515.0M | $77.1M | +17.62% |
| 2011 | 2011-12-31 | $437.9M | $105.5M | +31.72% |
| 2010 | 2010-12-31 | $332.4M | $57.4M | +20.88% |
| 2009 | 2009-12-31 | $275.0M | −$100.2M | −26.70% |
| 2008 | 2008-12-31 | $375.2M | — | — |
Monster Beverage quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $679.2M | $134.4M | +24.67% |
| Q1 2026 | 2026-03-31 | $563.4M | $85.2M | +17.81% |
| Q4 2025 | 2025-12-31 | $640.7M | $19.5M | +3.14% |
| Q3 2025 | 2025-09-30 | $549.1M | $29.3M | +5.63% |
| Q2 2025 | 2025-06-30 | $544.8M | $52.4M | +10.65% |
| Q1 2025 | 2025-03-31 | $478.2M | −$6.9M | −1.43% |
| Q4 2024 | 2024-12-31 | $621.2M | $116.8M | +23.16% |
| Q3 2024 | 2024-09-30 | $519.9M | $46.6M | +9.86% |
| Q2 2024 | 2024-06-30 | $492.3M | $41.9M | +9.31% |
| Q1 2024 | 2024-03-31 | $485.1M | $72.4M | +17.53% |
| Q4 2023 | 2023-12-31 | $504.4M | $114.5M | +29.35% |
| Q3 2023 | 2023-09-30 | $473.2M | $57.4M | +13.81% |
| Q2 2023 | 2023-06-30 | $450.4M | $43.5M | +10.69% |
| Q1 2023 | 2023-03-31 | $412.8M | $35.6M | +9.44% |
| Q4 2022 | 2022-12-31 | $390.0M | $35.3M | +9.94% |
| Q3 2022 | 2022-09-30 | $415.8M | $71.1M | +20.63% |
| Q2 2022 | 2022-06-30 | $406.9M | $96.0M | +30.90% |
| Q1 2022 | 2022-03-31 | $377.2M | $76.4M | +25.40% |
| Q4 2021 | 2021-12-31 | $354.7M | $66.3M | +23.00% |
| Q3 2021 | 2021-09-30 | $344.7M | $66.8M | +24.02% |
| Q2 2021 | 2021-06-30 | $310.9M | $58.7M | +23.26% |
| Q1 2021 | 2021-03-31 | $300.8M | $28.6M | +10.50% |
| Q4 2020 | 2020-12-31 | $288.4M | −$5.3M | −1.82% |
| Q3 2020 | 2020-09-30 | $277.9M | $371,000 | +0.13% |
| Q2 2020 | 2020-06-30 | $252.2M | −$30.1M | −10.66% |
| Q1 2020 | 2020-03-31 | $272.2M | $10.1M | +3.87% |
| Q4 2019 | 2019-12-31 | $293.7M | $48.0M | +19.55% |
| Q3 2019 | 2019-09-30 | $277.6M | $9.5M | +3.53% |
| Q2 2019 | 2019-06-30 | $282.3M | $19.7M | +7.48% |
| Q1 2019 | 2019-03-31 | $262.1M | $26.7M | +11.36% |
| Q4 2018 | 2018-12-31 | $245.7M | $9.2M | +3.89% |
| Q3 2018 | 2018-09-30 | $268.1M | $15.7M | +6.24% |
| Q2 2018 | 2018-06-30 | $262.6M | $29.2M | +12.50% |
| Q1 2018 | 2018-03-31 | $235.3M | $18.7M | +8.65% |
| Q4 2017 | 2017-12-31 | $236.5M | −$9.9M | −4.01% |
| Q3 2017 | 2017-09-30 | $252.3M | $39.7M | +18.69% |
| Q2 2017 | 2017-06-30 | $233.5M | $4.2M | +1.82% |
| Q1 2017 | 2017-03-31 | $216.6M | $48.2M | +28.64% |
| Q4 2016 | 2016-12-31 | $246.4M | $71.5M | +40.86% |
| Q3 2016 | 2016-09-30 | $212.6M | $38.6M | +22.16% |
| Q2 2016 | 2016-06-30 | $229.3M | $39.5M | +20.78% |
| Q1 2016 | 2016-03-31 | $168.4M | −$192.9M | −53.40% |
| Q4 2015 | 2015-12-31 | $174.9M | $36.1M | +25.96% |
| Q3 2015 | 2015-09-30 | $174.0M | $22.0M | +14.49% |
| Q2 2015 | 2015-06-30 | $189.8M | $26.4M | +16.13% |
| Q1 2015 | 2015-03-31 | $361.3M | $223.4M | +161.92% |
| Q4 2014 | 2014-12-31 | $138.9M | −$3.5M | −2.49% |
| Q3 2014 | 2014-09-30 | $152.0M | −$4.0M | −2.58% |
| Q2 2014 | 2014-06-30 | $163.5M | $6.6M | +4.23% |
| Q1 2014 | 2014-03-31 | $138.0M | −$6.8M | −4.68% |
| Q4 2013 | 2013-12-31 | $142.4M | $12.4M | +9.54% |
| Q3 2013 | 2013-09-30 | $156.0M | $23.1M | +17.41% |
| Q2 2013 | 2013-06-30 | $156.8M | $19.6M | +14.28% |
| Q1 2013 | 2013-03-31 | $144.7M | $29.8M | +25.98% |
| Q4 2012 | 2012-12-31 | $130.0M | $19.2M | +17.28% |
| Q3 2012 | 2012-09-30 | $132.9M | $14.7M | +12.43% |
| Q2 2012 | 2012-06-30 | $137.2M | $25.5M | +22.82% |
| Q1 2012 | 2012-03-31 | $114.9M | $17.8M | +18.34% |
| Q4 2011 | 2011-12-31 | $110.8M | $26.2M | +31.01% |
| Q3 2011 | 2011-09-30 | $118.2M | $27.8M | +30.81% |
| Q2 2011 | 2011-06-30 | $111.7M | $28.1M | +33.54% |
| Q1 2011 | 2011-03-31 | $97.1M | $23.3M | +31.60% |
| Q4 2010 | 2010-12-31 | $84.6M | — | — |
| Q3 2010 | 2010-09-30 | $90.4M | $18.3M | +25.31% |
| Q2 2010 | 2010-06-30 | $83.7M | $14.6M | +21.19% |
| Q1 2010 | 2010-03-31 | $73.8M | — | — |
| Q3 2009 | 2009-09-30 | $72.1M | — | — |
| Q2 2009 | 2009-06-30 | $69.0M | — | — |
Monster Beverage operating expenses trends
Over the last five fiscal years, Monster Beverage's operating expenses increased from $1.09B to $2.21B, a change of $1.12B. The latest reported quarter, Q2 2026, shows $679.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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