Cost of Revenue

Total Cost of Revenue

Monster Beverage Total Cost of Revenue decreased by 2.6% to $947.72M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.1%, from $809.60M to $947.72M. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 10.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

An increase relative to revenue may indicate rising component costs or manufacturing inefficiencies, whereas a decrease suggests better economies of scale.

Detailed definition

The direct costs attributable to the production of the goods sold and the delivery of services. This typically encompass...

Peer comparison

In the consumer electronics industry, this is often compared against revenue to determine the efficiency of the supply chain.

Metric ID: is_total_cost_of_revenue

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$625.10M$621.40M$657.46M$741.91M$875.40M$790.56M$728.62M$801.08M$880.74M$872.27M$791.74M$871.97M$881.09M$881.17M$809.60M$806.60M$935.18M$972.65M$947.72M
QoQ Change-0.6%+5.8%+12.8%+18.0%-9.7%-7.8%+9.9%+9.9%-1.0%-9.2%+10.1%+1.0%+0.0%-8.1%-0.4%+15.9%+4.0%-2.6%
YoY Change+40.0%+27.2%+10.8%+8.0%+0.6%+10.3%+8.7%+8.8%+0.0%+1.0%+2.3%-7.5%+6.1%+10.4%+17.1%
Range$621.40M$972.65M
CAGR+9.7%
Avg YoY Growth+9.6%
Median YoY Growth+8.7%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25
Monster Energy Drinks$745.70M$861.52M$902.09M$885.30M
Strategic Brands$30.69M$41.93M$41.55M$32.75M
Alcohol Brands$25.44M$27.24M$24.69M$24.94M
All Other Segments$4.78M$4.50M$4.32M$4.74M
Total$806.60M$935.18M$972.65M$947.72M

Total Cost of Revenue at Other Companies

Frequently Asked Questions

What is Monster Beverage's total cost of revenue?
Monster Beverage (MNST) reported total cost of revenue of $947.72M in Q4 2025.
How has Monster Beverage's total cost of revenue changed year-over-year?
Monster Beverage's total cost of revenue increased by 17.1% year-over-year, from $809.60M to $947.72M.
What is the long-term trend for Monster Beverage's total cost of revenue?
Over 4 years (2021 to 2025), Monster Beverage's total cost of revenue has grown at a 10.8% compound annual growth rate (CAGR), from $2.43B to $3.66B.
What does total cost of revenue mean?
The direct cost of making the products or providing the services that a company sells.