Cost of Revenue

Total Cost of Revenue

Monster Beverage Total Cost of Revenue increased by 11.8% to $1.06B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 31.4%, from $806.60M to $1.06B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 10.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

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: total_cost_of_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
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$1.06B
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%+11.8%
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%+31.4%
Range$621.40M$1.06B
CAGR+11.8%
Avg YoY Growth+11.0%
Median YoY Growth+8.8%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Monster Energy Drinks$815.57M$810.60M$747.13M$745.70M$861.52M$902.09M$885.30M$990.66M
Strategic Brands$29.59M$31.75M$31.66M$30.69M$41.93M$41.55M$32.75M$43.57M
Alcohol Brands$31.05M$35.06M$27.19M$25.44M$27.24M$24.69M$24.94M$22.15M
All Other Segments$4.89M$3.76M$3.62M$4.78M$4.50M$4.32M$4.74M$3.57M
Total$881.09M$881.17M$809.60M$806.60M$935.18M$972.65M$947.72M$1.06B

Alcohol Brands, All Other Segments, Monster Energy Drinks, Strategic Brands were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Monster Beverage's total cost of revenue?
Monster Beverage (MNST) reported total cost of revenue of $1.06B in Q1 2026.
How has Monster Beverage's total cost of revenue changed year-over-year?
Monster Beverage's total cost of revenue increased by 31.4% year-over-year, from $806.60M to $1.06B.
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.