Income StatementBalance SheetCash FlowSegments
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Monster Beverage Business Segments

Business, geographic, and product segment breakdowns

Monster Beverage generates $8.8B in annual revenue across 4 key segments: Alcohol Brands ($132.7M), All Other Segments ($24.3M), Monster Energy Drinks ($8.1B), and Strategic Brands ($497.1M). The company-wide operating margin is 29.34%. Based on the Q1 2026 filing.

Alcohol Brands (TTM)$132.7MAll Other Segments (TTM)$24.3MMonster Energy Drinks (TTM)$8.1BStrategic Brands (TTM)$497.1M
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$84.9B
P/E Ratio41.77
ROE26.65%

Geographic

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
U.s.And Canada$1.1B$1.2B$1.3B$1.3B$1.3B$1.3B
EMEA$356.3M$384.6M$498.2M$544.6M$472.2M$586.2M
Latin America And Caribbean$177.7M$160.8M$150.3M$174.1M$212.8M$218.5M
Asia Pacific$132.7M$144.5M$161.7M$170.1M$147.8M$201.9M

Concentration Risk %

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Non Us—40.0%41.0%43.0%—45.0%

Business Segments

Cost of Goods Sold

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$747.1M$745.7M$861.5M$902.1M$885.3M$990.7M
Strategic Brands$31.7M$30.7M$41.9M$41.5M$32.7M$43.6M
Alcohol Brands$27.2M$25.4M$27.2M$24.7M$24.9M$22.1M
All Other Segments$3.6M$4.8M$4.5M$4.3M$4.7M$3.6M

Depreciation Depletion And Amortization Excluding Right Of Use Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$14.1M$16.6M$19.2M$20.8M$21.8M$21.7M
Alcohol Brands$3.5M$5.1M$4.8M$4.8M$4.7M$1.9M
Strategic Brands$252.0K$259.0K$244.0K$310.0K$291.0K$294.0K
All Other Segments$55.0K$124.0K$325.0K$351.0K$418.0K$282.0K

Expense Related To Distribution Or Servicing And Underwriting Fees

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$73.3M$73.4M$77.8M$78.6M$85.1M$97.9M
Strategic Brands$1.4M$1.1M$1.6M$1.7M$1.9M$2.7M
Alcohol Brands$2.9M$3.0M$2.6M$2.3M$1.9M$2.3M
All Other Segments——$6.0K——$10.0K

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$693.6M$693.6M$693.6M$693.6M$693.6M$693.6M
Strategic Brands$638.0M$638.0M$638.0M$638.0M$638.0M$638.0M
Alcohol Brands$0.0$0.0$0.0$0.0$0.0$0.0
All Other Segments$0.0$0.0$0.0$0.0$0.0$0.0

Goodwill Acquired

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Alcohol Brands$0.0$0.0$0.0$0.0$0.0$0.0
All Other Segments$0.0$0.0$0.0$0.0$0.0$0.0
Monster Energy Drinks$0.0$0.0$0.0$0.0$0.0$0.0
Strategic Brands$0.0$0.0$0.0$0.0$0.0$0.0

Goodwill And Intangible Asset Impairment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Alcohol Brands$31.8M$9.6M$9.6M$9.6M$9.6M—

Goodwill And Other Intangible Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$1.7B$1.7B$1.7B$1.7B$1.7B$1.7B
Strategic Brands$982.0M$981.9M$982.4M$982.4M$982.5M$982.5M
Alcohol Brands$60.6M$57.8M$55.2M$52.6M$11.5M$11.2M

Goodwill Impaired Accumulated Impairment Loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Alcohol Brands$86.3M$86.3M$86.3M$86.3M$86.3M$86.3M

Gross Profit

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$922.9M$969.9M$1.1B$1.1B$1.1B$1.2B
Strategic Brands$70.3M$67.6M$88.0M$89.0M$77.2M$83.2M
Alcohol Brands$7.7M$9.3M$10.7M$8.3M$4.1M$10.5M
All Other Segments$1.5M$1.2M$1.9M$2.5M$1.1M$1.7M

Intangible Impairment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Alcohol Brands—$9.6M$9.6M$9.6M$9.6M—

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$616.5M$680.4M———$848.9M
Strategic Brands$49.9M$51.9M———$63.9M
Alcohol Brands-$149.0M-$21.5M———-$9.6M
All Other Segments$689.0K$236.0K———$381.0K

Labor And Related Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$41.7M$42.8M$44.1M$43.7M$46.5M$50.1M
Alcohol Brands$9.6M$9.3M$9.0M$8.9M$8.0M$9.7M
Strategic Brands$2.3M$2.5M$2.0M$2.7M$2.4M$2.9M
All Other Segments$577.0K$713.0K$414.0K$524.0K$494.0K$432.0K

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$1.7B$1.7B$1.9B$2.0B$2.0B$2.2B
Strategic Brands$102.0M$98.3M$129.9M$130.5M$110.0M$126.7M
Alcohol Brands$34.9M$34.7M$38.0M$33.0M$29.0M$32.7M
All Other Segments$5.1M$6.0M$6.4M$6.8M$5.9M$5.3M

Segment Reporting Other Item Amount

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$17.0M$18.7M$21.6M$22.9M$24.6M$23.3M
Alcohol Brands$10.3M$12.1M$7.3M$6.9M$23.1M$4.0M
Strategic Brands$799.0K$893.0K$875.0K$919.0K$913.0K$875.0K
All Other Segments$116.0K$136.0K$174.0K$201.0K$186.0K$824.0K

Sales & Marketing

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$170.5M$154.5M$174.8M$189.1M$196.5M$177.9M
Strategic Brands$15.9M$11.3M$15.6M$17.3M$17.4M$12.8M
Alcohol Brands$6.9M$6.3M$6.5M$8.0M$5.7M$4.2M
All Other Segments$76.0K$113.0K$59.0K$124.0K$123.0K$40.0K

Contract Manufacturing Expenses Related Party

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$13.2M$11.7M$12.9M$13.0M$16.6M$13.1M

Deferred Revenue Distribution Agreement

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$10.0M$9.9M$10.0M$10.1M$10.0M$9.9M