MNST Q1 2023 Earnings — Monster Beverage Corporation Revenue & Financial Results | Market Cap Arena

MNSTMonster Beverage Corporation

$76B

Q1 2023 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$1.7B+11.9% YoY

Gross Profit

$898M52.8% margin

Operating Income

$485M28.6% margin

Net Income

$397M23.4% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

+12.3%

Cash Flow

Operating Cash Flow

$424M

Free Cash Flow

$380M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$8.8B

Total Liabilities

$1.4B

Stockholders' Equity

$7.4B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.5B	+11.9%
Gross Profit	$898M	$777M	+15.6%
Operating Income	$485M	$399M	+21.4%
Net Income	$397M	$294M	+35.1%

Revenue Segments

Monster Energy Drinks

$1.6B92%

Strategic Brands

$86M5%

Alcohol Brands

$46M3%

Other Segments

$5M0%

Geographic Segments

U.s. And Canada

$1.1B66%

E M E A

$308M18%

Latin America And Caribbean

$145M9%

Asia Pacific

$131M8%