MNST Profit Margins - Monster Beverage Corp

Complete source-backed margin history.

Historical Profit Margins

Date	Gross margin	Operating margin	Net margin
2026-06-30	55.95%	29.18%	23.04%
2026-03-31	54.96%	31.02%	24.20%
2025-12-31	55.53%	25.46%	21.08%
2025-09-30	55.73%	30.74%	23.87%
2025-06-30	55.71%	29.91%	23.15%
2025-03-31	56.51%	30.72%	23.89%
2024-12-31	55.32%	21.04%	14.94%
2024-09-30	53.15%	25.51%	19.72%
2024-06-30	53.64%	27.74%	22.38%
2024-03-31	54.09%	28.54%	23.28%
2023-12-31	54.24%	25.08%	21.21%
2023-09-30	53.00%	27.51%	—
2023-06-30	52.52%	28.24%	—
2023-03-31	52.85%	28.55%	23.39%
2022-12-31	51.84%	26.07%	19.94%
2022-09-30	51.33%	25.73%	—
2022-06-30	47.11%	22.53%	—
2022-03-31	51.14%	26.31%	19.37%
2021-12-31	53.86%	28.97%	22.55%
2021-09-30	55.95%	31.51%	—
2021-06-30	57.24%	35.98%	—
2021-03-31	57.48%	33.30%	25.34%
2020-12-31	57.74%	33.63%	39.43%
2020-09-30	59.09%	36.80%	—
2020-06-30	60.29%	37.23%	—
2020-03-31	59.99%	34.36%	26.25%
2019-12-31	60.04%	31.17%	25.06%
2019-09-30	59.37%	34.88%	—
2019-06-30	59.90%	34.33%	—
2019-03-31	60.63%	32.92%	27.64%
2018-12-31	59.75%	33.16%	25.87%
2018-09-30	59.80%	33.42%	—
2018-06-30	61.06%	35.20%	—
2018-03-31	60.55%	32.90%	25.39%
2017-12-31	62.15%	32.96%	24.84%
2017-09-30	62.64%	34.90%	—

Date	Gross margin	Operating margin	Net margin
2025-12-31	55.85%	29.17%	22.97%
2024-12-31	54.04%	25.76%	20.14%
2023-12-31	53.14%	27.36%	22.84%
2022-12-31	50.30%	25.11%	18.88%
2021-12-31	56.10%	32.44%	24.86%
2020-12-31	59.23%	35.51%	30.65%
2019-12-31	59.95%	33.40%	26.37%
2018-12-31	60.29%	33.72%	26.08%
2017-12-31	63.45%	35.58%	24.36%
2016-12-31	63.68%	35.59%	23.37%