MNST Q3 2023 Earnings — Monster Beverage Corporation Revenue & Financial Results | Market Cap Arena

MNSTMonster Beverage Corporation

$76B

Q3 2023 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$1.9B+14.3% YoY

Gross Profit

$984M53.0% margin

Operating Income

$511M27.5% margin

Net Income

$453M24.4% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$520M

Free Cash Flow

$489M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$9.3B

Total Liabilities

$1.4B

Stockholders' Equity

$7.9B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.6B	+14.3%
Gross Profit	$984M	$834M	+18.0%
Operating Income	$511M	$418M	+22.2%
Net Income	$453M	$322M	+40.4%

Revenue Segments

Monster Energy Drinks

$1.7B92%

Strategic Brands

$99M5%

Alcohol Brands

$42M2%

Other Segments

$7M0%

Geographic Segments

U.s. And Canada

$1.2B63%

E M E A

$392M21%

Latin America And Caribbean

$168M9%

Asia Pacific

$127M7%