Monster Beverage Corporation stock research
FY2025 Q4
Monster Beverage (MNST) Gross Margin — Quarter Ended Dec 31, 2025
Revenue decreased compared to the prior quarter, while gross profit remained stable, resulting in a slightly lower gross margin. Cost of revenue declined proportionally less than revenue, which put modest pressure on margin.
Gross margin takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue decreased compared to the prior quarter, while gross profit remained stable, resulting in a slightly lower gross margin. Cost of revenue declined proportionally less than revenue, which put modest pressure on margin.
- Gross profit held steady despite lower revenue, indicating that cost of revenue declined in absolute terms. The gross margin weakened marginally from the prior quarter but remained higher than the same quarter one year earlier.
- Compared to the immediately preceding quarter, revenue was lower and gross margin weakened slightly. Versus the same quarter one year earlier, both revenue and gross profit were higher, and gross margin improved modestly.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
55.5%
Gross profit
$1.2B
Revenue
$2.1B
Cost of revenue
$947.7M
Quarter-over-quarter change
-0.2 pts
Year-over-year change
+0.2 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Mar 31, 2025 | $1.9B | $1.0B | $806.6M | 56.5% |
| Jun 30, 2025 | $2.1B | $1.2B | $935.2M | 55.7% |
| Sep 30, 2025 | $2.2B | $1.2B | $972.7M | 55.7% |
| Dec 31, 2025 | $2.1B | $1.2B | $947.7M | 55.5% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2025
-0.2 pts
Year-over-year change
Dec 31, 2024
+0.2 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross profit held steady despite lower revenue, indicating that cost of revenue declined in absolute terms. The gross margin weakened marginally from the prior quarter but remained higher than the same quarter one year earlier.
Compared to the immediately preceding quarter, revenue was lower and gross margin weakened slightly. Versus the same quarter one year earlier, both revenue and gross profit were higher, and gross margin improved modestly.
Monitor whether cost of revenue continues to decline in absolute terms if revenue remains under pressure.