Monster Beverage (MNST) 10-K Summary — Year Ended Dec 31, 2025
Monster Beverage Corporation is a holding company whose subsidiaries primarily develop and market energy drinks. The company reported positive financial results for the most recent fiscal year, with revenue growth continuing a multi-year trend.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Monster Beverage Corporation is a holding company whose subsidiaries primarily develop and market energy drinks. The company reported positive financial results for the most recent fiscal year, with revenue growth continuing a multi-year trend.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$8.3B
Revenue reported for the fiscal year.
Operating income
$2.4B
Income from operations reported for the year.
Net income
$1.9B
Net income reported for the year.
Operating cash flow
$2.1B
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, 2022 | $6.3B | +13.9% |
| Dec 31, 2023 | $7.1B | +13.1% |
| Dec 31, 2024 | $7.5B | +4.9% |
| Dec 31, 2025 | $8.3B | +10.7% |
Business overview
The company's subsidiaries develop, market, sell, and distribute energy drink beverages and concentrates under brands such as Monster Energy, Reign, Bang, and others. They also produce craft beers, flavored malt beverages, and hard seltzers under various brands. Monster Beverage Corporation itself is a holding company based in Corona, California, that conducts no operating business except through its consolidated subsidiaries.
Financial performance
Revenue increased year over year for the most recent fiscal year, continuing a pattern of growth. Operating income, net income, and operating cash flow were all positive. The reported financial metrics indicate a profitable operation.
Material risks
The filing includes a risk factors section, but the supplied context does not contain the specific risk descriptions. Therefore, no material risks can be identified from the provided information.
Liquidity and capital
The filing includes a liquidity and capital resources discussion, but no specific details are supplied in the context. Thus, no liquidity or capital allocation themes can be explained.
What to watch
Monitor whether the company's revenue growth continues in the next annual filing.