Operating Income for Monster Beverage (MNST)
According to Monster Beverage's latest reported financial statements, the company's current operating income (TTM) is $2.42B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

MNST
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$2.42B
YoY change
+25.3%
5Y CAGR
+8.2%
Peak year (2025)
$2.42B
Cumulative operating income
$20.93B
Operating Income history chart for Monster Beverage (MNST) from 1990 to 2025
Operating Income history table for Monster Beverage (MNST) from 1990 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $2.42B | +25.3% | ||
| 2024 | $1.93B | -1.2% | ||
| 2023 | $1.95B | +23.3% | ||
| 2022 | $1.58B | -11.8% | ||
| 2021 | $1.80B | +10.1% | ||
| 2020 | $1.63B | +16.4% | ||
| 2019 | $1.40B | +9.3% | ||
| 2018 | $1.28B | +7.1% | ||
| 2017 | $1.20B | +10.5% | ||
| 2016 | $1.09B | +21.4% | ||
| 2015 | $893.65M | +19.6% | ||
| 2014 | $747.50M | +30.5% | ||
| 2013 | $572.92M | +4.0% | ||
| 2012 | $550.62M | +20.6% | ||
| 2011 | $456.42M | +31.2% | ||
| 2010 | $347.81M | +3.1% | ||
| 2009 | $337.31M | +106.2% | ||
| 2008 | $163.59M | -29.2% | ||
| 2007 | $230.99M | +45.7% | ||
| 2006 | $158.58M | +53.3% | ||
| 2005 | $103.44M | +205.3% | ||
| 2004 | $33.89M | +244.9% | ||
| 2003 | $9.83M | +85.6% | ||
| 2002 | $5.29M | -4.6% | ||
| 2001 | $5.55M | -19.6% | ||
| 2000 | $6.90M | -8.0% | ||
| 1999 | $7.50M | +25.0% | ||
| 1998 | $6.00M | +215.8% | ||
| 1997 | $1.90M | +111.1% | ||
| 1996 | $900,000 | -175.0% | ||
| 1995 | -$1.20M | 0.0% | ||
| 1994 | -$1.20M | -209.1% | ||
| 1993 | $1.10M | +266.7% | ||
| 1992 | $300,000 | — | ||
| 1991 | $0 | -100.0% | ||
| 1990 | -$200,000 | — |
Operating Income values are taken from Monster Beverage's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Monster Beverage (MNST) reported operating income of $2.42B – grew 25.3% year-over-year.
Monster Beverage operating income compound annual growth for the 2020–2025 (5 years) window is +8.2%, with the latest reading among the more recent periods of the dataset.
The dataset's maximum operating income sits at $2.42B (2025); the minimum reading of -$1.20M dates to 1994.
Monster Beverage (MNST) sits 9th of 8 Consumer Defensive peers we track on this metric, against a peer median of $14.35B.
Monster Beverage Operating Income by Year
Monster Beverage Operating Income 2025: $2.42B
Monster Beverage operating income in 2025 was $2.42B, grew 25.3% from 2024. This figure represents the highest annual value in the available history.
Monster Beverage Operating Income 2024: $1.93B
Monster Beverage operating income in 2024 was $1.93B, edged down 1.2% below 2023.
Monster Beverage Operating Income 2023: $1.95B
Monster Beverage operating income in 2023 was $1.95B, grew 23.3% from 2022.
Monster Beverage Operating Income 2022: $1.58B
Monster Beverage operating income in 2022 was $1.58B, declined 11.8% below 2021.
Monster Beverage Operating Income 2021: $1.80B
Monster Beverage operating income in 2021 was $1.80B.
See more financial history for Monster Beverage (MNST).
Sector peers — Operating Income
Companies in the same sector as Monster Beverage, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $29.82B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $20.45B | Consumer Defensive |
| Altria Group, Inc. (MO) | $15.06B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $14.93B | Consumer Defensive |
| The Coca-Cola Company (KO) | $13.76B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $13.49B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $10.38B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | $3.62B | Consumer Defensive |
Frequently asked questions
What is Monster Beverage's operating income?
- Latest reported operating income for Monster Beverage (MNST) is $2.42B (period ending December 31, 2025).
How has Monster Beverage operating income changed year-over-year?
- Monster Beverage (MNST) operating income changed +25.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Monster Beverage operating income?
- Monster Beverage (MNST) operating income compound annual growth rate is +8.2% over the most recent 5 years available.
When did Monster Beverage operating income hit its highest annual value?
- Monster Beverage operating income reached its highest annual value of $2.42B in 2025.
What was Monster Beverage operating income in 2024?
- Monster Beverage (MNST) operating income in 2024 was $1.93B.
What was Monster Beverage operating income in 2025?
- Monster Beverage (MNST) operating income in 2025 was $2.42B.
Metrics overview
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MNST Overview
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