MNST Q1 2024 Earnings — Monster Beverage Corporation Revenue & Financial Results | Market Cap Arena

MNSTMonster Beverage Corporation

$76B

Q1 2024 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$1.9B+11.8% YoY

Gross Profit

$1.0B54.1% margin

Operating Income

$542M28.5% margin

Net Income

$442M23.3% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+9.8%

Cash Flow

Operating Cash Flow

$412M

Free Cash Flow

$337M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$10.1B

Total Liabilities

$1.5B

Stockholders' Equity

$8.6B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.7B	+11.8%
Gross Profit	$1.0B	$898M	+14.4%
Operating Income	$542M	$485M	+11.7%
Net Income	$442M	$397M	+11.2%

Revenue Segments

Monster Energy Drinks

$1.7B91%

Strategic Brands

$108M6%

Alcohol Brands

$56M3%

Other Segments

$6M0%

Geographic Segments

U.s. And Canada

$1.2B64%

E M E A

$396M21%

Latin America And Caribbean

$166M9%

Asia Pacific

$131M7%