Monster Beverage (MNST) balance sheet
NASDAQ · Consumer Defensive · Beverages - Non-Alcoholic · 6,332 employees · CEO Hilton H. Schlosberg
- Price
- $47.34 +2.14%
- Market cap
- $92.7B
- Enterprise value
- $90.5B
- Last report
- Q2 '26 filed 2026-08-07
- Next report
- 2026-11-05 EPS est. $0.30
At the end of Q2 '26 Monster Beverage (MNST) held $3.42B in cash and short-term investments against $0 of debt incl. leases. Total assets $11.4B, total liabilities $2.02B, shareholders' equity $9.36B.
Balance sheet
| Balance sheet | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $1.77B | $2.3B | $2.58B | $1.56B | $1.63B | $1.53B | $1.9B | $1.93B | $2.29B | $2.09B | $2.04B | $2.19B | |
| Short-term investments | $1.24B | $956M | $984M | $0 | $0 | $0 | $0 | $145M | $286M | $677M | $945M | $1.23B | |
| Receivables | $1.23B | $1.19B | $1.37B | $1.36B | $1.29B | $1.22B | $1.36B | $1.52B | $1.6B | $1.62B | $1.88B | $1.9B | |
| Inventory | $884M | $971M | $940M | $834M | $770M | $737M | $725M | $658M | $705M | $800M | $828M | $868M | |
| Other current assets | $163M | $116M | $125M | $129M | $125M | $107M | $113M | $137M | $143M | $104M | $166M | $149M | |
| Current assets | $5.31B | $5.59B | $6.04B | $3.95B | $3.9B | $3.64B | $4.14B | $4.43B | $5.07B | $5.36B | $5.91B | $6.41B | |
| Property, plant & equipment (net) | $731M | $891M | $923M | $961M | $1.06B | $1.1B | $1.12B | $1.09B | $1.11B | $1.08B | $1.07B | $1.1B | |
| Long-term investments | $52.6M | $76.4M | $8.16M | $0 | $77K | $6K | $87K | $138M | $359M | $487M | $770M | $781M | |
| Goodwill | $1.42B | $1.42B | $1.42B | $1.42B | $1.42B | $1.33B | $1.33B | $1.33B | $1.33B | $1.33B | $1.33B | $1.33B | |
| Intangible assets | $1.46B | $1.43B | $1.43B | $1.43B | $1.44B | $1.41B | $1.42B | $1.42B | $1.42B | $1.38B | $1.38B | $1.38B | |
| Deferred tax assets | $177M | $175M | $175M | $187M | $183M | $184M | $184M | $185M | $185M | $189M | $189M | $189M | |
| Other non-current assets | $165M | $110M | $107M | $107M | $49.1M | $45.2M | $43.2M | $136M | $139M | $159M | $186M | $197M | |
| Non-current assets | $4B | $4.1B | $4.06B | $4.11B | $4.16B | $4.08B | $4.09B | $4.3B | $4.55B | $4.63B | $4.93B | $4.98B | |
| Total assets | $9.31B | $9.69B | $10.1B | $8.06B | $8.05B | $7.72B | $8.23B | $8.73B | $9.61B | $9.99B | $10.8B | $11.4B | |
| Liabilities | |||||||||||||
| Accounts payable | $540M | $564M | $534M | $511M | $549M | $467M | $487M | $489M | $683M | $566M | $784M | $754M | |
| Accrued expenses | $504M | $453M | $524M | $534M | $561M | $488M | $567M | $619M | $718M | $690M | $69.7M | $770M | |
| Taxes payable | $17.6M | $15M | $75.1M | $11M | $7.64M | $4.01M | $67.8M | $28.1M | $0 | $74.6M | $49.1M | $58.3M | |
| Deferred revenue | $40.1M | $41.9M | $43.8M | $44.4M | $45.6M | $45.8M | $47.5M | $49.3M | $47.2M | $45.3M | $46.4M | $47.7M | |
| Other current liabilities | $76.8M | $87.4M | $52.6M | $60.4M | $81.8M | $92.5M | $55.8M | $72.8M | $102M | $114M | $799M | $88.2M | |
| Current liabilities | $1.18B | $1.16B | $1.23B | $1.16B | $1.25B | $1.1B | $1.23B | $1.26B | $1.59B | $1.45B | $1.82B | $1.72B | |
| Long-term debt | $0 | $0 | $0 | $749M | $749M | $374M | $199M | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue (non-current) | $209M | $204M | $199M | $192M | $186M | $179M | $174M | $170M | $165M | $160M | $155M | $151M | |
| Deferred tax liabilities | $0 | $0 | $0 | $28.9M | $28.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-current liabilities | $53.3M | $91.8M | $92.7M | $64.1M | $64.9M | $111M | $109M | $110M | $111M | $127M | $146M | $149M | |
| Non-current liabilities | $262M | $296M | $291M | $1.03B | $1.03B | $664M | $482M | $280M | $276M | $287M | $301M | $301M | |
| Total liabilities | $1.44B | $1.46B | $1.52B | $2.19B | $2.27B | $1.76B | $1.71B | $1.54B | $1.87B | $1.73B | $2.12B | $2.02B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $5.59M | $5.61M | $5.62M | $5.63M | $5.63M | $5.63M | $5.64M | $5.65M | $5.66M | $5.67M | $5.67M | $5.68M | |
| Retained earnings | $5.57B | $5.94B | $6.38B | $6.81B | $7.18B | $7.45B | $7.89B | $8.38B | $8.91B | $9.35B | $9.92B | $10.5B | |
| Accumulated other comprehensive income | -$198M | -$125M | -$158M | -$182M | -$138M | -$269M | -$203M | -$91.3M | -$93.4M | -$60.8M | -$205M | -$113M | |
| Shareholders' equity | $7.87B | $8.23B | $8.58B | $5.87B | $5.78B | $5.96B | $6.52B | $7.19B | $7.75B | $8.25B | $8.73B | $9.36B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $0 | $0 | $0 | $749M | $749M | $374M | $199M | $0 | $0 | $0 | $0 | $0 | |
| Net debt (debt - cash) | -$1.77B | -$2.3B | -$2.58B | -$816M | -$876M | -$1.16B | -$1.7B | -$1.93B | -$2.29B | -$2.09B | -$2.04B | -$2.19B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $378M | $529M | $638M | $798M | $1.18B | $1.33B | $1.31B | $2.3B | $1.53B | $2.09B | |
| Short-term investments | $221M | $673M | $321M | $533M | $881M | $1.75B | $1.36B | $956M | $0 | $677M | |
| Receivables | $573M | $449M | $485M | $540M | $666M | $897M | $1.02B | $1.19B | $1.22B | $1.62B | |
| Inventory | $162M | $256M | $278M | $361M | $333M | $593M | $936M | $971M | $737M | $800M | |
| Other current assets | $32.6M | $40.9M | $44.9M | $54.9M | $55.4M | $82.7M | $110M | $116M | $107M | $104M | |
| Current assets | $1.43B | $2.09B | $1.8B | $2.32B | $3.14B | $4.68B | $4.76B | $5.59B | $3.64B | $5.36B | |
| Property, plant & equipment (net) | $173M | $230M | $243M | $299M | $315M | $314M | $517M | $891M | $1.1B | $1.08B | |
| Long-term investments | $2.39M | $2.37M | $0 | $12.9M | $44.3M | $99.4M | $61.4M | $76.4M | $6K | $487M | |
| Goodwill | $1.33B | $1.33B | $1.33B | $1.33B | $1.33B | $1.33B | $1.42B | $1.42B | $1.33B | $1.33B | |
| Intangible assets | $1.03B | $1.03B | $1.05B | $1.05B | $1.06B | $1.07B | $1.22B | $1.43B | $1.41B | $1.38B | |
| Deferred tax assets | $160M | $92.3M | $85.7M | $84.8M | $242M | $225M | $177M | $175M | $184M | $189M | |
| Other non-current assets | $21.6M | $13.9M | $16.5M | $54M | $70.5M | $80.3M | $134M | $110M | $45.2M | $159M | |
| Non-current assets | $2.72B | $2.7B | $2.72B | $2.83B | $3.06B | $3.12B | $3.53B | $4.1B | $4.08B | $4.63B | |
| Total assets | $4.15B | $4.79B | $4.53B | $5.15B | $6.2B | $7.8B | $8.29B | $9.69B | $7.72B | $9.99B | |
| Liabilities | |||||||||||
| Accounts payable | $193M | $246M | $249M | $274M | $297M | $404M | $444M | $564M | $467M | $566M | |
| Accrued expenses | $198M | $226M | $258M | $281M | $329M | $422M | $429M | $453M | $488M | $690M | |
| Taxes payable | $7.66M | $10.6M | $10.2M | $14.7M | $23.4M | $30.4M | $13.3M | $15M | $4.01M | $74.6M | |
| Deferred revenue | $41.7M | $43.2M | $44M | $44.2M | $45.4M | $42.5M | $43.3M | $41.9M | $45.8M | $45.3M | |
| Other current liabilities | $30M | $35M | $39.9M | $47.3M | $55M | $65.5M | $72.5M | $87.4M | $92.5M | $114M | |
| Current liabilities | $471M | $560M | $601M | $661M | $750M | $965M | $1B | $1.16B | $1.1B | $1.45B | |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $374M | $0 | |
| Deferred revenue (non-current) | $353M | $334M | $312M | $287M | $264M | $243M | $224M | $204M | $179M | $160M | |
| Other non-current liabilities | $0 | $1.1M | $2.62M | $30.5M | $27.4M | $29.5M | $42.3M | $91.8M | $111M | $127M | |
| Non-current liabilities | $353M | $335M | $315M | $318M | $292M | $273M | $266M | $296M | $664M | $287M | |
| Total liabilities | $824M | $896M | $916M | $979M | $1.04B | $1.24B | $1.27B | $1.46B | $1.76B | $1.73B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $3.12M | $3.15M | $3.16M | $3.18M | $3.19M | $3.2M | $6.42M | $5.61M | $5.63M | $5.67M | |
| Retained earnings | $2.11B | $2.93B | $3.91B | $5.02B | $6.43B | $7.81B | $9B | $5.94B | $7.45B | $9.35B | |
| Accumulated other comprehensive income | -$23.2M | -$16.7M | -$32.9M | -$32.4M | $3.03M | -$69.2M | -$159M | -$125M | -$269M | -$60.8M | |
| Shareholders' equity | $3.33B | $3.9B | $3.61B | $4.17B | $5.16B | $6.57B | $7.03B | $8.23B | $5.96B | $8.25B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $374M | $0 | |
| Net debt (debt - cash) | -$378M | -$529M | -$638M | -$798M | -$1.18B | -$1.33B | -$1.31B | -$2.3B | -$1.16B | -$2.09B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01