MNST on Nasdaq

Monster Beverage

American beverage company

Monster Beverage Corporation is an American beverage company that manufactures energy drinks including Monster Energy, Relentless, Reign and Burn. The company was originally founded as Hansen's in 1935 in Southern California, originally selling juice products. The company renamed itself as Monster Beverage in 2012.3 Its shares trade on Nasdaq under the symbol MNST.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

1935Founded1

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  • TickerMNST on Nasdaq1
  • Industrybeverage industry1
  • HeadquartersMinnesota1
  • Websitewww.monsterbevcorp.com
  • Legal formDelaware corporation1
  • Business address1 Monster Way, Corona, Ca 928795
  • Filer categoryLarge accelerated filer5
  • LEI52990090AP0E7HCB6F334
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 55735034
Monster Beverage Headquarters
Photo: Coolcaesar, CC BY-SA 4.0, via Wikimedia Commons8

Monster Beverage Corporation is an American beverage company that manufactures energy drinks including Monster Energy, Relentless, Reign and Burn. The company was originally founded as Hansen's in 1935 in Southern California, originally selling juice products. The company renamed itself as Monster Beverage in 2012.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

55.8%Gross margin9
29.2%Operating margin9
23.0%Net margin9
10.7%Revenue growth, 20259
23.1%Return on equity9
$2.0BFree cash flow9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Monster Energy Drinks brought in 92% of the revenue Monster Beverage broke down this way in fiscal 2025.

  1. Monster Energy Drinks$7.7B992%up 12% from 2024
  2. Strategic Brands$468.7M96%up 8% from 2024
  3. Alcohol Brands$134.7M92%down 22% from 2024
  4. Other Operating$25.0M90%up 6% from 2024
Business segments by year
Business segments202320242025
Monster Energy Drinks$6.6B$6.9B$7.7B
Strategic Brands$376.6M$432.2M$468.7M
Alcohol Brands$184.9M$172.3M$134.7M
Other Operating$23.5M$23.6M$25.0M

Regions

U.S. and Canada brought in 61% of the revenue Monster Beverage broke down this way in fiscal 2025.

  1. U.S. and Canada$5.1B961%up 7% from 2024
  2. EMEA$1.9B923%up 22% from 2024
  3. Latin America and Caribbean$698.0M98%up 5% from 2024
  4. Asia Pacific$624.1M98%up 15% from 2024
Regions by year
Regions202320242025
U.S. and Canada$4.6B$4.7B$5.1B
EMEA$1.4B$1.6B$1.9B
Latin America and Caribbean$624.9M$666.5M$698.0M
Asia Pacific$514.4M$541.0M$624.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue44¢$3.7B
  • Other costs26¢$2.1B
  • Income tax7¢$577.1M
  • Profit23¢$1.9B

Out of $8.3B in revenue.9

Where each dollar of operating cash went, fiscal 2025

  • Capital spending6¢$132.3M
  • Share buybacks5¢$103.6M
  • Kept or used elsewhere89¢$1.9B

Out of $2.1B of cash from operations.9

Financial statements

Revenue101112139$8.3B in 2025+97% since 2019
0$2.5B$5.0B$7.5B$10.0B2019: $4.2B$4.2B20192020: $4.6B$4.6B2020+9%2021: $5.5B$5.5B2021+20%2022: $6.3B$6.3B2022+14%2023: $7.1B$7.1B2023+13%2024: $7.5B$7.5B2024+5%2025: $8.3B$8.3B2025+11%
Gross profit101112139$4.6B in 2025+84% since 2019
0$2.0B$4.0B$6.0B2019: $2.5B$2.5B20192020: $2.7B$2.7B2020+8%2021: $3.1B$3.1B2021+14%2022: $3.2B$3.2B2022+2%2023: $3.8B$3.8B2023+20%2024: $4.0B$4.0B2024+7%2025: $4.6B$4.6B2025+14%
Operating income101112139$2.4B in 2025+72% since 2019
0$1.0B$2.0B$3.0B2019: $1.4B$1.4B20192020: $1.6B$1.6B2020+16%2021: $1.8B$1.8B2021+10%2022: $1.6B$1.6B2022−12%2023: $2.0B$2.0B2023+23%2024: $1.9B$1.9B2024−1%2025: $2.4B$2.4B2025+25%
Net income101112139$1.9B in 2025+72% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $1.1B$1.1B20192020: $1.4B$1.4B2020+27%2021: $1.4B$1.4B2021−2%2022: $1.2B$1.2B2022−13%2023: $1.6B$1.6B2023+37%2024: $1.5B$1.5B2024−7%2025: $1.9B$1.9B2025+26%

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
NET SALES$8.3B$7.5B$7.1B
COST OF SALES$3.7B$3.4B$3.3B
GROSS PROFIT$4.6B$4.0B$3.8B
OPERATING EXPENSES$2.2B$2.1B$1.8B
OPERATING INCOME$2.4B$1.9B$2.0B
INTEREST AND OTHER INCOME, NET$63.2M$59.2M$115.1M
INCOME BEFORE PROVISION FOR INCOME TAXES$2.5B$2.0B$2.1B
PROVISION FOR INCOME TAXES$577.1M$480.4M$437.5M
NET INCOME$1.9B$1.5B$1.6B
Basic (in dollar per share)$2$2$2
Diluted (in dollar per share)$2$1$2
Basic (in shares)975.9M shares1.0B shares1.0B shares
Diluted (in shares)984.5M shares1.0B shares1.1B shares

Compare Monster Beverage with another company

Corporate structure

Monster Beverage sits at the top of its group. 102 entities, 39 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Monster Beverage

  • Monster Beverage Corona, California, United States
    • Bang Subsidiary · Weston
    • 75-6099 Kuakini Highway, LLC Subsidiary · Hawaii, United States
    • AFF Brasil Comercio de Aromatizantes LTDA Subsidiary · Brazil
    • AFF Library LLC Subsidiary · California, United States
    • AFF Vaughn LLC Subsidiary · California, United States
    • American Fruits and Flavors Ireland Limited Subsidiary · Ireland
    • American Fruits and Flavors San Fernando, LLC Subsidiary · California, United States
    • American Fruits and Flavors, LLC Subsidiary · Delaware, United States
    • Bang Energy LLC Subsidiary · Delaware, United States
    • Blast Asset Acquisition LLC Subsidiary · Delaware, United States
    • EBC Beverage (Shanghai) Co., Ltd. Subsidiary · China
    • Energy Beverages Australia Pty Ltd Subsidiary · Australia
    • Energy Beverages Canada Ltd. Subsidiary · Canada
    • Energy Beverages Chile SpA doing business as Reign SpA Subsidiary · Chile
    • Energy Beverages Europe Limited Subsidiary · Ireland
    • Energy Beverages Japan Godo Kaisha Subsidiary · Japan
    • Energy Beverages LLC Subsidiary · Delaware, United States
    • Energy Beverages Rus LLC Subsidiary · Russia
    • Energy Beverages UK Limited Subsidiary · United Kingdom
    • Energy Beverages Vietnam Company Ltd. Subsidiary · Vietnam
    • Fastest, LLC Subsidiary · Delaware, United States
    • Flare Acquisition LLC Subsidiary · Delaware, United States
    • FLRT Wellness LLC Subsidiary · Delaware, United States
    • Full Throttle Energy Company Subsidiary · Delaware, United States
    • Kuakini Holdings LLC Subsidiary · Delaware, United States
    • and 76 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Monster Beverage reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.4B9 Dec 31, 2025$1.3B9 Dec 31, 2024+5.8%
Accumulated depreciation$339.0M9 Dec 31, 2025$295.2M9 Dec 31, 2024+14.8%
Property and equipment, net$1.1B9 Dec 31, 2025$1.0B9 Dec 31, 2024+3.3%
Finance-lease assets$6.1M13 Dec 31, 2024$11.1M13 Dec 31, 2023−45.0%
Operating-lease assets (leased space)$55.2M13 Dec 31, 2024$58.8M13 Dec 31, 2023−6.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.1B9 Dec 31, 2025$1.5B9 Dec 31, 2024+36.2%
Marketable securities, current$677.1M9 Dec 31, 2025$09 Dec 31, 2024
Debt securities available for sale$1.2B9 Dec 31, 2025$1.0B13 Dec 31, 2023+12.8%
Long-term investments$487.3M9 Dec 31, 2025$09 Dec 31, 2024

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.3B9 Dec 31, 2025$1.3B9 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$1.4B9 Dec 31, 2025$1.4B9 Dec 31, 2024−2.5%
Indefinite-lived intangibles (excluding goodwill)$1.3B9 Dec 31, 2025$1.3B9 Dec 31, 2024+0.9%
Finite-lived intangibles, gross$137.7M9 Dec 31, 2025$183.8M9 Dec 31, 2024−25.1%
Accumulated amortization$87.0M9 Dec 31, 2025$86.7M9 Dec 31, 2024+0.3%
Finite-lived intangibles, net$50.7M9 Dec 31, 2025$97.1M9 Dec 31, 2024−47.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$799.6M9 Dec 31, 2025$737.1M9 Dec 31, 2024+8.5%
Raw materials$322.6M9 Dec 31, 2025$232.7M9 Dec 31, 2024+38.6%
Work in process$1.1M9 Dec 31, 2025$1.2M9 Dec 31, 2024−7.2%
Finished goods$475.9M9 Dec 31, 2025$503.2M9 Dec 31, 2024−5.4%

Properties, in its own words

As of February 13, 2026, our principal properties include the following:

● · Our owned corporate headquarters located in Corona, California, consist of (i) a free-standing, six-story building (LEED Gold and ENERGY STAR certified), (ii) a three-story parking structure and storage facility, which houses our quality control laboratory, (iii) a free-standing, three-story building (currently pursuing ENERGY STAR certification), (iv) a free-standing, single-story building and (v) a free-standing, two-story building;

The rest of Item 2

● · Our owned Southern California warehouse and distribution center is located in Rialto, California, which is LEED certified;

● · Our owned beverage production facilities in Phoenix, Arizona, and Norwalk, California, where we manufacture certain of our energy drink products;

● · Our two owned office buildings located in Uxbridge, United Kingdom;

● · Our manufacturing plants and adjoining land in Athy, County Kildare, Ireland, which produces certain ingredients, including flavors, for certain of our international markets; and

● · Our production facility in San Fernando, California, which produces certain ingredients, including flavors, for our U.S. market and certain of our international markets.

In addition, we lease many smaller office and/or warehouse/manufacturing spaces, both domestically and in certain international locations.

Item 2 of the 10-K filed Feb 27, 2026.17

The story

Hansen's was founded in 1935. In the 1930s, Hubert Hansen and his three sons began selling juice to film studios and retailers in Southern California under the Hansen's name. In the 1970s, Tim Hansen (the grandson of Hubert) developed and marketed a variety of sodas and juices, also under the Hansen's label.

The company became Hansen's Juices, and later The Fresh Juice Company of California. The plant that was opened in Los Angeles in 1946 was used until operations were moved to a new plant in Azusa, California, in 1993. The company filed for bankruptcy in 1988, and was acquired by the California CoPackers Corporation and renamed Hansen Natural Company. In 1990, Hansen's (original ticker symbol: HANS) went public with an initial public offering. In 1997, Hansen's launched their first energy drink, called Hansen's Energy. In 1998, the company moved from Anaheim, California, to Corona, California. On January 5, 2012, after energy drinks had grown to the largest source of revenue, shareholders agreed to change the name of the company from Hansen's Natural to Monster Beverage Corporation, under the new ticker MNST. Shareholders also approved an increase in the number of authorized shares of common stock from 120,000,000 shares to 240,000,000 shares.

In April 2008, the U.S. Food and Drug Administration ruled products containing high-fructose corn syrup could not be labeled "natural". Shortly after, Hansen's Natural Corporation announced they had begun using cane sugar instead.

In September 2009, Hansen brand Monster Energy sent a cease and desist letter to Rock Art Brewery, demanding the microbrewery stop selling its new Vermonster beer, drop its pursuit of a federal trademark for the name, and pay Hansen's lawyer fees. This resulted in a boycott of all Hansen products by a few Vermont retailers.

The Coca-Cola Company bought a 16.7% stake for $2.15 billion in Monster Beverage Corp in 2015. This stake peaked at 19.3% due to share buybacks conducted by Monster Beverage Corp in 2018.

In January 2022, the company acquired CANarchy Craft Brewery Collective for US$330 million. In

February 2022, it was reported Monster and Constellation Brands were considering a merger which would have a combined market capitalization above $90 billion. In June 2023, Monster reached an agreement to acquire Vital Pharmaceuticals, the owner of Bang Energy.

From Wikipedia’s article on Monster Beverage, shared under CC BY-SA 4.0.6

Leadership

Who has led Monster Beverage, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (23)

Products and brands

  • energy drink

Listed on Wikidata.1

Products

Monster Energy

Full Throttle

NOS

Bang Energy

Read the full text

Reign

Relentless

Mother

Burn

Predator

Live+

True North

Peace Iced Tea

Peace Iced Tea (often labeled Peace Tea) is an American brand of assorted iced tea beverages produced by the Coca-Cola Company. It was originally produced by Monster Beverage. The product launched on December 21, 2007. It is served in 16 oz cans in the United States, and 695 mL cans in Canada. Peace Tea is also a competitor of Arizona brand iced teas in the ready-to-drink beverage category, as well as drinks from Snapple and Pepsi. The peace symbol is a universal symbol for peace, which was the inspiration behind the creation of Peace Tea. "Peace Tea is whatever you want it to be," says the brand's official web site, which is festooned with peace signs. Peace Tea "stands for social awareness while maintaining its soul. In the form of a mere liquid, it can be your own form of poetry."

The original Peace Tea can designs were created by Steve Jugan (Peace Tea brand manager) and artist John Malloy, aka FLuX, in homage to the different peace movements throughout history. Malloy is a mixed-media artist who began drawing at a young age. He later earned a background in old master's style painting and has since been self-taught in fine art, illustration, comics, and design. His illustrations have been featured in a variety of publications, including The Big Book of Contemporary Illustration and the 'Illusive 3' Book of Contemporary Illustration. His artwork led each Peace Tea packaging can to tell a story behind a significant peace movement throughout history.

Upon Peace Tea's 2015 transfer to the Coca-Cola Company, they produced simpler can designs.

Burn

Burn is an energy drink owned and distributed by Monster Beverage Corporation, carrying the official tagline "Fuel your fire". Burn is distributed in more than 80 countries.

Former products

Natural soda

Natural Soda came in twelve flavors: Original Cola, Ginger Ale, Key Lime Twist, Cherry Vanilla Creme, Grapefruit, Kiwi Strawberry, Vanilla Cola, Mandarin Lime, Creamy Root Beer, Raspberry, Mango Orange, and Pomegranate. All Hansen's sodas are made with cane sugar.

Diet soda

Their Diet Soda was available in ten flavors: Cola, Black Cherry, Peach, Kiwi Strawberry, Vanilla Cherry Crème, Tangerine, Lime, Ginger Ale, Root Beer, Grapefruit, and Pomegranate. Hansen's diet soda is sweetened with acesulfame potassium and sucralose. All diet sodas are OU Kosher certified.

Drink mixers

Monster Beverage sells three flavors of soda mixer: Tonic, Ginger Ale, and Club Soda.

Fruit juices

The company sells thirteen fruit juices in 64-ounce PET bottles, several of which are available in smaller bottles for kids. These include Apple, Grape, White Grape, Pineapple, Apple Grape, Apple Strawberry, Orange, Cranberry Apple, Ruby Red Grapefruit, Pomegranate, Organic Apple White Grape, Organic Apple Wild Berry and Organic Apple. These juices contain 120% of the United States Recommended Daily Allowances (USRDA) for Vitamin C (except Pomegranate, which contains 100%).

In 2009, Monster Beverage introduced Hansen's Natural Lo-Cal 64-ounce juice cocktails, in four flavors. They are sweetened with Truvia.

Hansen's fruit juice smoothies contain approximately 25% juice and provide 100% of the recommended daily adult intake of Vitamins A, C, and E. They are packaged in 11.5-ounce aluminum cans.

Childrens' drinks

Hansen's Juice Blast line of children's juice drinks was launched in conjunction with Costco and sold in Costco stores. Hansen also has a Juice Slam line of children's juice drinks. Both lines are sold in 6.75-ounce boxes.

In May 2001, Hansen's acquired the Junior Juice beverage business. Hansen's Junior Juice is 100% juice, sold in 4.23-ounce cartons and targeted at toddlers and preschoolers. Certain flavors of Junior Juice have calcium added and all flavors contain 100% of the daily recommended allowance of Vitamin C. The brand was introduced in 1991 by McCain Foods, and sold to the Pasco Beverage Group in 2000 before being sold again, to Hansen's. Hansen's replaced the original four mascots, Uncle Froggy, Emily the Mouse, Ronald Rabbit, and Nick the Fox, with Clifford the Big Red Dog.

In July 2008, Hansen's introduced Hansen's Organic Junior Water, in 4.23-ounce packages aimed at children between two and six years old. The Hansen's Organic Junior Water line of flavored water contains 100% of the daily recommended allowance of Vitamin C and thirty calories per serving. Also in 2008, organic Junior Water was introduced. Hansen's later introduced Coconut Water Twist, containing coconut water, and Garden Twist, a combination of fruits and vegetables, which is the only Junior Juice variant to be sold in bottles.

Other beverages

Smoothies, Rumba Energy Juice, Energade, and Energy Formula, are minor products. Monster owns Blue Sky Beverage Company, which manufactures several soft drinks. Monster produces the Monster, Lost, and Rumba energy drinks, which were previously distributed in the United States by Anheuser Busch.

In August 2009, Hansen's introduced the SELF Beauty Elixir line, a low-calorie beverage containing vitamins, minerals, natural fruit & botanical extracts, antioxidants and 30% fruit juice. The beverage contains 35 calories and a low amount of sodium per 8-ounce aluminum can.

Signature Soda

Hansen's Signature Soda line included Black Cherry, Vanilla Cream, Orange Cream, Ginger Beer, and Sarsaparilla flavors.

Natural and diet tea sodas

Hansen's Natural and Diet Soda flavors included: Black Cherry, Tangerine, Tropical, Orange Mango, Peach Mango, Peach, Cherry, Cranberry, Clear Root Beer, Vanilla Coffee, Low Cal Wildberry, Low Cal Cola, and Low Cal Creamy Cola.

In 2006, Hansen's introduced a line of iced teas in 16-ounce PET bottles. Some varieties were sweetened with cane sugar and some were unsweetened. Flavors included Lemon Mint, Pomegranate, Ginger, and Tangerine. There were also three flavors of diet green tea soda: Lemon Mint, Ginger and Tangerine. Each bottle of tea contained 75 mg of Epigallocatechin gallate. Hansen's also made tea bags.

From Wikipedia’s article on Monster Beverage, shared under CC BY-SA 4.0.6

Subsidiaries and ownership

Owners

Subsidiaries

Subsidiaries (Exhibit 21)

  • 75-6099 Kuakini Highway, LLC Hawaii7
  • AFF Brasil Comercio de Aromatizantes LTDA Brazil7
  • AFF Library LLC California7
  • AFF Vaughn LLC California7
  • American Fruits and Flavors Ireland Limited Ireland7
  • American Fruits and Flavors San Fernando, LLC California7
  • American Fruits and Flavors, LLC Delaware7
  • Bang Energy LLC Delaware7
  • Blast Asset Acquisition LLC Delaware7
  • EBC Beverage (Shanghai) Co., Ltd. China7
  • Energy Beverages Australia Pty Ltd Australia7
  • Energy Beverages Canada Ltd. Canada7
  • Energy Beverages Chile SpA doing business as Reign SpA Chile7
  • Energy Beverages Europe Limited Ireland7
  • Energy Beverages Japan Godo Kaisha Japan7
  • Energy Beverages LLC Delaware7
  • Energy Beverages Rus LLC Russian Federation7
  • Energy Beverages UK Limited United Kingdom7
  • Energy Beverages Vietnam Company Ltd. Vietnam7
  • FLRT Wellness LLC Delaware7
  • Fastest, LLC Delaware7
  • Flare Acquisition LLC Delaware7
  • Full Throttle Energy Company Delaware7
  • Kuakini Holdings LLC Delaware7
All 102 listed subsidiaries
  • Kuakini Operations LLC Delaware7
  • ME Canada 1 ULC Canada7
  • ME Canada 2 ULC Canada7
  • ME Canada GP Canada7
  • ME Canada KY GP Cayman Islands7
  • ME Canada LP Canada7
  • MEC Arizona Manufacturing LLC Delaware7
  • MEC Corona Summit II LLC California7
  • MEC Corona Summit III LLC California7
  • MEC Corona Summit IV LLC California7
  • MEC Corona Summit LLC California7
  • MEC Kona I LLC Delaware7
  • MEC Manufacturing LLC Delaware7
  • MEC Norwalk LLC California7
  • MECEB Productions II, LLC Delaware7
  • MECEB Productions, LLC Delaware7
  • Monarchy Beverage Company LLC Delaware7
  • Monster 2535 Anselmo LLC California7
  • Monster Beverage Company Connecticut7
  • Monster Beverage Company Peru S.R.L. Peru7
  • Monster Brewing Brands LLC California7
  • Monster Brewing Company LLC Colorado7
  • Monster Brewing LLC Delaware7
  • Monster Energy AU Pty Ltd Australia7
  • Monster Energy Argentina S.A. Argentina7
  • Monster Energy Austria GmbH Austria7
  • Monster Energy Bebidas Ecuador Cia. Ltda. Ecuador7
  • Monster Energy Beverage (Shanghai) Co., Ltd. China7
  • Monster Energy Beverage Company of South Africa (Proprietary) Limited South Africa7
  • Monster Energy Brasil Comércio de Bebidas Ltda. Brazil7
  • Monster Energy Canada ULC Canada7
  • Monster Energy Colombia SAS Colombia7
  • Monster Energy Company Delaware7
  • Monster Energy Company (Swaziland) (Proprietary) Limited Eswatini7
  • Monster Energy Company (Taiwan) Taiwan7
  • Monster Energy Company -Chile- Limitada Chile7
  • Monster Energy Costa Rica, Limitada Costa Rica7
  • Monster Energy Dominican Republic, S.R.L. Dominican Republic7
  • Monster Energy Egypt L.L.C. Egypt7
  • Monster Energy Europe Limited United Kingdom7
  • Monster Energy France S.A.S. France7
  • Monster Energy Hong Kong Limited Hong Kong7
  • Monster Energy India Private Limited India7
  • Monster Energy International Company Delaware7
  • Monster Energy Israel Ltd. Israel7
  • Monster Energy Japan Godo Kaisha Japan7
  • Monster Energy Kazakhstan LLP Kazakhstan7
  • Monster Energy Korea, Ltd. South Korea7
  • Monster Energy Limited Ireland7
  • Monster Energy Music Group LLC Delaware7
  • Monster Energy México, S. de R.L. de C.V. Mexico7
  • Monster Energy Nigeria Limited Nigeria7
  • Monster Energy PRC Holdings (HK) Limited Hong Kong7
  • Monster Energy Pakistan (Private) Limited Pakistan7
  • Monster Energy Rus LLC Russian Federation7
  • Monster Energy SER doo Beograd-Vracar Serbia7
  • Monster Energy Singapore Pte. Ltd. Singapore7
  • Monster Energy Southeast Asia Sdn. Bhd. Malaysia7
  • Monster Energy Trading L.L.C. United Arab Emirates7
  • Monster Energy Trinidad Limited Trinidad and Tobago7
  • Monster Energy UK Financing Company Limited United Kingdom7
  • Monster Energy UK Holding 1 Company Limited United Kingdom7
  • Monster Energy UK Holding 2 Company Limited United Kingdom7
  • Monster Energy UK Limited United Kingdom7
  • Monster Energy US LLC Delaware7
  • Monster Energy Ukraine, Limited Liability Company Ukraine7
  • Monster Energy Vietnam Company Ltd. Vietnam7
  • Monster House 2 Limited United Kingdom7
  • Monster House Limited United Kingdom7
  • Monster Icecek Ticaret Limited Sirketi Turkey7
  • Monster Intermediate Brewery LLC Delaware7
  • Monster LDA Company Delaware7
  • NOS Energy Company California7
  • Reign Beverage Company LLC Delaware7
  • Rialto Renaissance LLC California7
  • Rule Beverage Company LLC Delaware7
  • Storm Beverage Company LLC Delaware7
  • True North Beverage LLC Delaware7

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

  1. 2023Acquired Bang1

Former names

  • HANSEN NATURAL CORPNov 13, 1996 to Dec 21, 20115

Timeline

  1. Sep 25, 20268-K Executive or director change50
  2. Sep 4, 20268-K Executive or director change51
  3. Aug 6, 20268-K Results of operations; Regulation FD disclosure52
  4. Jul 8, 20268-K Other events53
  5. Jun 4, 20268-K Executive or director change54
  6. May 15, 20268-K Shareholder vote; Other events55
  7. May 7, 20268-K Results of operations; Regulation FD disclosure56
  8. Mar 17, 2026New chief executive Rob L. Gehring becomes CEO19
  9. Mar 16, 2026New chief executive Guy Carling becomes CEO18
  10. Feb 26, 20268-K Results of operations; Regulation FD disclosure57
  11. Dec 2, 20258-K Regulation FD disclosure58
  12. Nov 6, 20258-K Results of operations; Regulation FD disclosure59
  13. Aug 7, 20258-K Results of operations; Regulation FD disclosure60
  14. Jun 16, 20258-K Shareholder vote61
  15. Mar 15, 2021New chief executive Hilton H. Schlosberg becomes CEO20
  16. Jan 10, 2006New chief executive Rodney C. Sacks becomes CEO21
  17. 1935Founded Founded1

Calendar

Coming up

  1. Nov 5, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.28 a share, on Nov 6, 2025.62

When it reported results

  1. Aug 6, 2026Reported quarterly or annual results52
  2. May 7, 2026Reported quarterly or annual results56
  3. Feb 26, 2026Reported quarterly or annual results57
  4. Nov 6, 2025Reported quarterly or annual results59
  5. Aug 7, 2025Reported quarterly or annual results60
  6. May 8, 2025Reported quarterly or annual results63
  7. Feb 27, 2025Reported quarterly or annual results64
  8. Nov 7, 2024Reported quarterly or annual results65

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

409 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 44 major events, 253 insider forms, 18 large holders, 74 other. The latest 20:

  1. Oct 9, 20264 EDGAR
  2. Oct 9, 20264 EDGAR
  3. Oct 9, 20264 EDGAR
  4. Sep 25, 20268-K EDGAR
  5. Sep 16, 20264 EDGAR
  6. Sep 14, 20263 EDGAR
  7. Sep 14, 20263 EDGAR
  8. Sep 8, 20264 EDGAR
  9. Sep 4, 20268-K EDGAR
  10. Aug 7, 202610-Q EDGAR
  11. Aug 6, 20268-K EDGAR
  12. Jul 10, 20264 EDGAR
  13. Jul 10, 20264 EDGAR
  14. Jul 10, 20264 EDGAR
  15. Jul 8, 20268-K EDGAR
  16. Jun 12, 20264 EDGAR
  17. Jun 10, 2026144 EDGAR
  18. Jun 4, 20268-K EDGAR
  19. May 27, 20264 EDGAR
  20. May 27, 20264 EDGAR

The 409 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

56 open-market trades by officers, directors and large owners since October 2021: 0 buys and 56 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 10, 2026Carling GuyCEO, EMEA and OSPSale19,000$90.90$1.7MForm 4
May 14, 2026Tirre EmelieChief Strategy OfficerSale10,000$85.74$857.4KForm 4
May 14, 2026HALL MARK JDirectorSale54,000$85.81$4.6MForm 4
May 13, 2026Tirre EmelieChief Strategy OfficerSale88,700$85.96$7.6MForm 4
May 13, 2026KELLY THOMAS JChief Financial OfficerSale7,000$87.81$614.7KForm 4
Mar 13, 2026KELLY THOMAS JChief Financial OfficerSale8,000$77.22$617.8KForm 4
Dec 12, 2025Tirre EmelieChief Strategy OfficerSale30,000$73.31$2.2MForm 4
Dec 12, 2025SACKS RODNEY CDirectorSale206,543$73.58$15.2MForm 4
Nov 13, 2025Carling GuyCEO, EMEA and OSPSale38,438$71.33$2.7MForm 4
Aug 13, 2025VIDERGAUZ MARKDirectorSale10,000$63.73$637.3KForm 4
May 29, 2025KELLY THOMAS JChief Financial OfficerSale27,000$63.40$1.7MForm 4
May 16, 2025Tirre EmelieChief Strategy OfficerSale8,796$62.46$549.4KForm 4
May 14, 2025VIDERGAUZ MARKDirectorSale3,500$60.62$212.2KForm 4
Mar 14, 2025KELLY THOMAS JChief Financial OfficerSale10,000$55.27$552.7KForm 4
Mar 14, 2025HALL MARK JDirectorSale21,000$55.00$1.2MForm 4
Mar 14, 2025Carling GuyCEO, EMEA and OSPSale47,000$55.02$2.6MForm 4
Mar 13, 2025HALL MARK JDirectorSale12,000$54.50$654.0KForm 4
Mar 12, 2025HALL MARK JDirectorSale10,000$54.50$545.0KForm 4
Mar 11, 2025HALL MARK JDirectorSale48,000$54.89$2.6MForm 4
Mar 4, 2025Tirre EmelieChief Strategy OfficerSale91,316$55.38$5.1MForm 4

All 56 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Rob L. GehringChief Executive Officer, Americas59$780.0K$3.0M73

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.60,029,175$5.8B0.1%−2,967,212
Vanguard Capital Management LLC45,682,732$4.4B0.1%+281,141
State Street Corp36,082,601$3.5B0.1%−1,846,151
Invesco Ltd.32,685,479$3.1B0.2%−1,160,283
Jpmorgan Chase & Co29,719,793$2.9B0.2%+1,338,611
Loomis Sayles & Co L P24,849,175$2.4B3.0%−1,056,049
Geode Capital Management, LLC20,321,184$2.0B0.1%−248,045
Alliancebernstein L.P.27,060,016$2.0B0.6%−1,738,882
Vanguard Portfolio Management LLC15,025,043$1.4B0.1%−614,651
Bank Of America Corp /de/12,436,117$1.2B0.1%−96,345
Morgan Stanley12,308,366$1.2B0.1%+464,830
Schroder Investment Management Group9,905,932$952.2M0.7%−535,643
Fmr LLC9,689,025$931.3M0.0%+321,066
Broadwood Capital Inc8,107,796$779.3M40.7%No change
Norges Bank7,674,799$737.7M0.1%New
Wellington Management Group Llp7,465,974$717.6M0.1%+1,624,416
Northern Trust Corp7,407,177$712.0M0.1%−345,028
Ninety One UK Ltd6,930,282$666.1M1.5%−525,024
Massachusetts Financial Services Co /ma/6,725,020$653.7M0.2%−45,437
Arrowstreet Capital, Limited Partnership6,710,230$645.0M0.3%−927,284
Jupiter Topco LLC6,170,193$593.1M0.2%New
Capital Research Global Investors5,981,701$575.0M0.1%−271,229
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC5,709,532$548.8M0.1%+139,686
Goldman Sachs Group Inc5,644,561$542.6M0.1%+467,980
Clearbridge Investments, LLC5,568,869$535.3M0.4%−326,493

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

33 trades disclosed by members of Congress, the latest 25. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jul 17, 2026Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000−10.8%Report
Jun 17, 2026Jared MoskowitzDemocratic, HouseBuy$1,001 - $15,000−5.2%Report
Jun 17, 2026Jared MoskowitzDemocratic, HouseBuy$1,001 - $15,000−5.2%Report
Mar 23, 2026Jared MoskowitzDemocratic, HouseBuy$1,001 - $15,000+4.8%Report
Mar 23, 2026Jared MoskowitzDemocratic, HouseBuy$1,001 - $15,000+4.8%Report
Feb 2, 2026Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000+0.8%Report
Sep 25, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000−23.1%Report
Sep 23, 2025Julie JohnsonDemocratic, HouseBuy$1,001 - $15,000+24.3%Report
Sep 23, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000−24.3%Report
Jul 10, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000−29.9%Report
Jun 17, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000+15.3%Report
Jan 15, 2025Julie JohnsonDemocratic, HousePartial sale$1,001 - $15,000−53.9%Report
Jun 3, 2024John JamesRepublican, HouseSale$1,001 - $15,000−28.5%Report
May 20, 2024Josh GottheimerDemocratic, HouseSale$1,001 - $15,000−23.6%Report
Jan 22, 2024Tommy TubervilleRepublican, SenateSale$1,001 - $15,000−1.4%Report
Dec 4, 2023Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+4.6%Report
Nov 20, 2023Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+4.5%Report
Nov 10, 2023John JamesRepublican, HouseBuy$1,001 - $15,000−11.1%Report
Nov 9, 2023Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+13.3%Report
Oct 17, 2023Tommy TubervilleRepublican, SenateBuy$1,001 - $15,000+5.1%Report
Jun 26, 2023Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000−21.8%Report
Jun 6, 2023Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+24.9%Report
Apr 27, 2023Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000−23.1%Report
Apr 10, 2023Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+15.2%Report
Jan 11, 2023Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000−16.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Monster Beverage is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMonster Beverage Corp2
  • CIK0000865752
  • Employer ID (EIN)47-180939317
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
  • Incorporated inDelaware17
  • Fiscal year endsDecember 312
  • Industry code (SIC)2086 Bottled & Canned Soft Drinks & Carbonated Waters2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address1 Monster Way, Corona, CA 928792
  • Phone909-739-62002
  • Shares outstanding979,525,882 as of Jul 31, 202615
  • Public float$56.5B as of Jun 30, 202517
  • AuditorErnst & Young LLP, Irvine, California PCAOB ID 42; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceMay 10, 19962
  • Filings1,635 in all: 4 (898), 8-K (224), 10-Q (92), SC 13G/A (56), 144 (40), DEF 14A (34), UPLOAD (33), 10-K (30)2
    All 39 form types

    SC 13D/A (29), 3 (28), CORRESP (24), SC 13G (23), DEFA14A (22), 4/A (13), NO ACT (9), S-8 (9), S-8 POS (9), PX14A6G (7), SC TO-I/A (6), 5 (5), CT ORDER (5), 425 (4), ARS (4), PRE 14A (4), SC TO-C (4), 10-K/A (3), 8-K/A (3), SCHEDULE 13G/A (3), NT 10-Q (2), SC TO-I (2), SCHEDULE 13G (2), 144/A (1), 15-12G (1), 25-NSE (1), 3/A (1), 8-K12B (1), NT 10-K (1), SC 13D (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Feb 27, 2026
    Quarterly report (10-Q) Aug 7, 2026
    Proxy statement (DEF 14A) Mar 27, 2026
    Latest 8-K (8-K) Sep 25, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.005 par value per shareMNSTNasdaq Global Select Market

From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks Monster Beverage names in Item 1A of its 10-K filed Feb 27, 2026: 40 risks under these headings, as written.17

  • Operational and Industry Risks
  • Government Regulation and Litigation Risks
  • Intellectual Property, Information Technology and Data Privacy and Security Risks
  • Financial Risks
  • The Company and TCCC have extensive commercial arrangements and, as a result, the Company’s future performance is substantially dependent on the success of its relationship with TCCC.
  • Provisions in our organizational documents and control by insiders or TCCC may prevent changes in control even if such changes would be beneficial to other stockholders.
  • We primarily rely on bottlers and other contract packers to manufacture our products. If we are unable to maintain good relationships with our bottlers and contract packers and/or their ability to manufacture our products becomes constrained or unavailable to us, our business could suffer.
  • We rely on limited Company-owned facilities for production of certain of our non-alcohol and alcohol beverages, and developments negatively affecting production at such facilities could materially impact the financial results of our business.
  • We rely on bottlers and distributors to distribute our products. If we are unable to maintain good relationships with our existing bottlers and distributors and/or secure such bottlers and distributors, our business could suffer.
  • We currently derive most of our revenues from energy drinks, and competitive pressure in the energy drink category could adversely affect our business and operating results.
  • Criticism or negative perceptions of our products (regardless of accuracy) generally could adversely affect us.
  • Increased competition in the beverage industry and changing retail landscape could hurt our business.
The other 32 risks
  • Our inability to implement our growth strategy, including expanding our business in existing and new sectors, or to successfully recognize the anticipated benefits of acquired businesses or assets could adversely affect our business and financial results.
  • Changes in consumer product and shopping preferences may reduce demand for our products.
  • Our continued expansion outside of the United States exposes us to uncertain conditions and other risks in international markets.
  • If we are not able to pass on increases in the costs of raw materials, including aluminum cans, ingredients, fuel, costs of co-packing, and/or tariffs, we may face a higher cost base, and our business and results of operations could be adversely affected.
  • Our failure to accurately estimate demand for our products or maintain sufficient inventory levels or anticipate shortages of raw materials could adversely affect our business and financial results.
  • The costs of packaging supplies, raw material inputs, ocean and domestic freight, tariffs, and inflation generally may adversely affect our results of operations.
  • Global or regional catastrophic events could impact our operations and affect our ability to grow our business.
  • Failure to meet evolving corporate governance expectations or standards, including those related to sustainability matters, could expose us to increased costs, reputational harm, or other adverse consequences.
  • Our use of artificial intelligence technologies in our operations may expose us to risks.
  • Climate change and natural disasters may negatively affect our business.
  • If we are not able to retain the services of our workforce, there may be an adverse effect on our operations and/or our operating performance until we find suitable replacements.
  • Negative publicity (whether or not warranted) could damage our brand image and corporate reputation and may cause our business to suffer.
  • Changes in government regulation, or a failure to comply with existing regulations, including those related to energy drinks, data protection and advertising, could adversely affect our business, financial condition and results of operations.
  • Regulations concerning our alcohol beverages may adversely affect our business, financial condition or results of operations and inhibit the sales of such products.
  • Significant changes to or failure to comply with various environmental laws may expose us to liability and/or cause certain of our facilities and/or those of our co-packers to close, relocate or operate at reduced production levels, which could adversely affect our business, financial condition and results of operations.
  • Changes in the regulation of artificial intelligence could result in enforcement actions, fines, or other adverse consequences.
  • We cannot predict the effect of inquiries from and/or actions by litigants, attorneys general, and/or other (quasi-) government agencies into the production, advertising, marketing, promotion, labeling, ingredients, usage and/or sale of our products.
  • Litigation regarding our products and practices, and related unfavorable media attention, could expose us to significant liabilities and reduce demand for our products, thus negatively affecting our financial results.
  • If we encounter material product recalls, our business may suffer material losses and such recalls could damage our brand image and corporate reputation, also resulting in material losses.
  • Our intellectual property rights are critical to our success, and the loss of such rights could materially adversely affect our business.
  • Our use of information technology exposes us to the risk of cybersecurity incidents and other costs and interruptions that could disrupt our business operations and adversely impact our reputation and results of operations.
  • Cybersecurity incidents, business interruptions and compliance issues experienced by third parties could materially and adversely affect our financial condition, results of operation and cash flows.
  • If we fail to comply with data privacy and personal data protection laws and emerging cybersecurity laws, we could be subject to adverse publicity, government enforcement actions and/or private litigation, which may negatively impact our business and operating results.
  • Fluctuations in our effective tax rate could adversely affect our financial condition and results of operations.
  • We may be required to record a charge to earnings if our goodwill or intangible assets become impaired.
  • Fluctuations in foreign currency exchange rates may adversely affect our operating results.
  • Potential changes in accounting standards or practices and/or taxation may adversely affect our financial results.
  • If we fail to maintain effective disclosure controls and procedures and internal control over financial reporting on a consolidated basis, our stock price and investor confidence in the Company could be materially and adversely affected.
  • Uncertainty in the financial markets and other adverse changes in general economic or political conditions in any of the major countries in which we do business could adversely affect our industry, business and results of operations.
  • Default by or failure of one or more of our counterparty financial institutions could cause us to incur significant losses.
  • Volatility of our stock price may restrict sale opportunities.
  • Our investments are subject to risks which may cause losses and affect the liquidity of such investments.

Legal proceedings

From time to time in the normal course of business, the Company is named in litigation, including mediation, arbitration, administrative proceedings, labor and employment matters, personal injury matters, consumer class actions, intellectual property matters, data privacy matters, and claims, including from prior distributors. Although it is not possible to predict the ultimate outcome of such litigation, based on the facts known to the Company, management believes that such litigation in aggregate will likely not have a material adverse effect on the Company’s financial position or results of operations.

The Company evaluates, on a quarterly basis, developments in legal proceedings and other matters that could cause an increase or decrease in the amount of the liability that is accrued, if any, and any related insurance reimbursements. As of December 31, 2025 and 2024, $36.2 million and $16.8 million, respectively, of loss contingencies were included in the Company’s accompanying consolidated balance sheets.

The opening of Item 3, Legal Proceedings.17

Sources

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