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Monster Beverage (MNST) operating margin by quarter

Monster Beverage's operating margin was 28.0% in Q3 2026 (third quarter 2026), -1.1 pts from Q2 2026. Over the last 7 quarters it ranged from 25.5% (Q4 2025) to 31.0% (Q1 2026).

Monster Beverage operating margin by quarterMonster Beverage operating margin by quarter30.7%Q1 202529.9%Q2 202530.7%Q3 202525.5%Q4 202531.0%Q1 202629.2%Q2 202628.0%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202628.0%-1.1 pts-2.7 pts
Q2 202629.2%-1.8 pts-0.7 pts
Q1 202631.0%+5.6 pts+0.3 pts
Q4 202525.5%-5.3 pts—
Q3 202530.7%+0.8 pts—
Q2 202529.9%-0.8 pts—
Q1 202530.7%——

Q3 2026 at a glance

Monster Beverage, Q3 2026: revenue $2.6B (+17% year over year), operating margin 28.0%, net earnings $568M, operating cash flow $557M. The chart follows the revenue to costs, profit and cash.

Questions

What is Monster Beverage's operating margin?

Monster Beverage's operating margin was 28.0% in Q3 2026 (third quarter 2026), -1.1 pts from Q2 2026.

How has Monster Beverage's operating margin changed?

Over the last 7 quarters it ranged from 25.5% (Q4 2025) to 31.0% (Q1 2026).

Q3 2026 results → · How Monster Beverage makes money →