Monster Beverage (MNST) 10-K Summary — Year Ended Dec 31, 2024
Based on the filing, Monster Beverage Corporation is a holding company that operates through its subsidiaries to develop and market energy drinks and other beverages. The company reported increased revenue and strong operating cash flow for the period.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
Based on the filing, Monster Beverage Corporation is a holding company that operates through its subsidiaries to develop and market energy drinks and other beverages. The company reported increased revenue and strong operating cash flow for the period.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$7.5B
Revenue reported for the fiscal year.
Operating income
$1.9B
Income from operations reported for the year.
Net income
$1.5B
Net income reported for the year.
Operating cash flow
$1.9B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $5.5B | n/a |
| Dec 31, 2022 | $6.3B | +13.9% |
| Dec 31, 2023 | $7.1B | +13.1% |
| Dec 31, 2024 | $7.5B | +4.9% |
Business overview
Monster Beverage Corporation is a holding company based in California that conducts no operating business except through its consolidated subsidiaries. These subsidiaries primarily develop and market energy drinks under numerous brand names, and also produce craft beers, flavored malt beverages, hard seltzers, and still and sparkling waters.
Financial performance
The company's revenue has grown consistently over recent years. Operating income and net income were positive, and operating cash flow was robust.
Material risks
The filing lists risk factors including unresolved staff comments from the SEC and cybersecurity matters, but the specific details of these risks are not provided in the supplied excerpt.
Liquidity and capital
The filing includes an analysis of liquidity and capital resources, discussing cash flows, sources, and uses of cash, though no specific themes are elaborated in the provided context.
What to watch
Readers should monitor the resolution of the unresolved staff comments mentioned in the risk factors section.