MN
MNST
Quarter ended Dec 31, 2023 · FY2023 Q4

Monster Beverage (MNST) Revenue — Quarter Ended Dec 31, 2023

Revenue for the quarter declined compared to the immediately preceding quarter. Despite this sequential decrease, revenue rose compared to the same quarter one year earlier.

Key takeaway

Quarter ended Dec 31, 2023 · FY2023 Q4

Revenue for the quarter declined compared to the immediately preceding quarter. Despite this sequential decrease, revenue rose compared to the same quarter one year earlier.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$1.7B

Revenue reported for this quarter.

Quarter-over-quarter

-6.8%

Change from the immediately preceding quarter.

Year-over-year

+14.4%

Change from the comparable year-ago quarter.

Trailing four quarters

$7.1B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Mar 31, 2023$1.7B+11.9%
Jun 30, 2023$1.9B+12.1%
Sep 30, 2023$1.9B+14.3%
Dec 31, 2023$1.7B+14.4%

Revenue performance

The reported revenue moved downward from the prior quarter, reflecting a sequential contraction.

Quarterly comparison

When set against the immediately preceding quarter, revenue was lower. However, compared with the same quarter one year prior, revenue was higher.

What to watch

Monitor whether the sequential revenue decline continues or reverses in the upcoming period.