Stock Analysis on Net
Stock Analysis on Net

Monster Beverage Corp. (NASDAQ:MNST)

This company has been moved to the archive! The financial data has not been updated since May 7, 2024.

Income Statement 
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Monster Beverage Corp., consolidated income statement (quarterly data)

US$ in thousands

Microsoft Excel
3 months ended: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net sales 1,899,098 1,730,108 1,856,028 1,854,961 1,698,930 1,512,930 1,624,286 1,655,260 1,518,574 1,425,045 1,410,557 1,461,934 1,243,816 1,196,283 1,246,362 1,093,896 1,062,097 1,017,206 1,133,577 1,104,045 945,991
Cost of sales (871,969) (791,736) (872,265) (880,739) (801,081) (728,616) (790,561) (875,399) (741,907) (657,463) (621,399) (625,096) (528,881) (505,599) (509,831) (434,427) (424,901) (406,438) (460,575) (442,762) (372,459)
Gross profit 1,027,129 938,372 983,763 974,222 897,849 784,314 833,725 779,861 776,667 767,582 789,158 836,838 714,935 690,684 736,531 659,469 637,196 610,768 673,002 661,283 573,532
Operating expenses (485,138) (504,413) (473,236) (450,417) (412,785) (389,963) (415,795) (406,910) (377,178) (354,700) (344,694) (310,863) (300,789) (288,384) (277,930) (252,205) (272,208) (293,723) (277,559) (282,293) (262,071)
Operating income 541,991 433,959 510,527 523,805 485,064 394,351 417,930 372,951 399,489 412,882 444,464 525,975 414,146 402,300 458,601 407,264 364,988 317,045 395,443 378,990 311,461
Interest and other income (expense), net 35,754 16,115 71,357 15,159 12,496 (825) 2,149 (6,781) (7,300) 6,129 (2,290) 872 (759) (1,504) (4,568) (1,796) 872 4,187 3,121 2,973 2,742
Income before provision for income taxes 577,745 450,074 581,884 538,964 497,560 393,526 420,079 366,170 392,189 419,011 442,174 526,847 413,387 400,796 454,033 405,468 365,860 321,232 398,564 381,963 314,203
Provision for income taxes (135,696) (83,095) (129,190) (125,093) (100,116) (91,852) (97,692) (92,810) (97,986) (97,697) (104,969) (123,085) (98,193) 70,940 (106,379) (94,099) (87,025) (66,278) (99,641) (89,490) (52,718)
Net income 442,049 366,979 452,694 413,871 397,444 301,674 322,387 273,360 294,203 321,314 337,205 403,762 315,194 471,736 347,654 311,369 278,835 254,954 298,923 292,473 261,485

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Income statement item Description The company
Net sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Monster Beverage Corp. net sales decreased from Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 exceeding Q3 2023 level.
Operating income The net result for the period of deducting operating expenses from operating revenues. Monster Beverage Corp. operating income decreased from Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 exceeding Q3 2023 level.
Income before provision for income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Monster Beverage Corp. income before provision for income taxes decreased from Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 not reaching Q3 2023 level.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Monster Beverage Corp. net income decreased from Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 not reaching Q3 2023 level.