Monster Beverage (MNST) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to the same period last year. The growth rate slowed from the prior quarter, resulting in a nearly flat sequential performance.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to the same period last year. The growth rate slowed from the prior quarter, resulting in a nearly flat sequential performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
+0.1%
Change from the immediately preceding quarter.
Year-over-year
+14.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $1.5B | +6.2% |
| Mar 31, 2023 | $1.7B | +11.9% |
| Jun 30, 2023 | $1.9B | +12.1% |
| Sep 30, 2023 | $1.9B | +14.3% |
Revenue performance
Revenue rose from the prior quarter and from the same quarter a year earlier.
Quarterly comparison
The increase versus the same quarter last year was substantial, while the change from the immediately preceding quarter was minimal.
What to watch
The near-flat sequential revenue change warrants attention regarding future growth trends.