MNST Q2 2023 Earnings — Monster Beverage Corporation Revenue & Financial Results | Market Cap Arena

MNSTMonster Beverage Corporation

$76B

Q2 2023 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$1.9B+12.1% YoY

Gross Profit

$974M52.5% margin

Operating Income

$524M28.2% margin

Net Income

$414M22.3% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+9.2%

Cash Flow

Operating Cash Flow

$339M

Free Cash Flow

$294M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$9.3B

Total Liabilities

$1.4B

Stockholders' Equity

$7.8B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.7B	+12.1%
Gross Profit	$974M	$780M	+24.9%
Operating Income	$524M	$373M	+40.4%
Net Income	$414M	$273M	+51.4%

Revenue Segments

Monster Energy Drinks

$1.7B91%

Strategic Brands

$100M5%

Alcohol Brands

$61M3%

Other Segments

$7M0%

Geographic Segments

U.s. And Canada

$1.2B64%

E M E A

$382M21%

Asia Pacific

$146M8%

Latin America And Caribbean

$143M8%