Monster Beverage reported Q4 2024 revenue of $1.81 billion, up 4.7% YoY. GAAP EPS decreased to $0.28, while non-GAAP EPS remained at $0.38. Net income fell 26.2% to $270.7 million, while operating income declined 12.2% to $381.2 million. The Monster Energy Drinks segment continued to grow, while the Alcohol Brands segment saw a slight decline in sales.
Total revenue increased 4.7% YoY to $1.81 billion.
GAAP EPS dropped to $0.28, while non-GAAP EPS held at $0.38.
Net income fell 26.2% to $270.7 million.
Monster Energy Drinks segment grew by 4.5% to $1.67 billion.
Monster Beverage expects continued revenue growth in 2025, driven by product innovation and international expansion. However, the Alcohol Brands segment remains a challenge due to impairments and inventory reserves.
Visualization of income flow from segment revenue to net income