Monster Beverage Corporation (NASDAQ: MNST) is a beverage company that develops, markets, and sells energy drinks and alcohol beverages through subsidiaries, with its holding company incorporated and headquartered in Corona, California. It generates revenue by selling ready-to-drink packaged products primarily to bottlers and full-service beverage distributors, and in some cases directly to retail grocery chains, convenience and gas chains, club stores, mass merchandisers, wholesalers, drug stores, foodservice customers, value stores, e-commerce retailers, and the military. Monster operates four reportable segments: Monster Energy Drinks (Monster Energy, Reign Total Body Fuel, Reign Storm, and Bang Energy), Strategic Brands (energy drink brands acquired from The Coca-Cola Company in 2015, plus Predator and Fury affordable energy brands), Alcohol Brands (craft beers, flavored malt beverages, and hard seltzers), and Other (flavor products sold by subsidiary American Fruits and Flavors LLC to third-party customers). The Monster Energy Drinks segment is the primary revenue driver across the portfolio.
- Revenue model
- Transactional sales of ready-to-drink packaged beverages, sold primarily to bottlers and distributors, with some direct sales to retailers and foodservice customers. The Strategic Brands segment also generates revenue through royalties and concentrate sales. The Alcohol Brands and Other segments contribute additional transactional revenue.
- Products and services
- Monster Energy drinks, Reign Total Body Fuel high performance energy drinks, Reign Storm total wellness energy drinks, Bang Energy drinks, energy drink brands acquired from The Coca-Cola Company in 2015, Predator and Fury affordable energy brands, craft beers, flavored malt beverages (FMBs), hard seltzers, and flavor products produced by American Fruits and Flavors LLC for third-party customers.
- Customers and end markets
- Primary customers are bottlers and full-service beverage distributors. Direct customers include retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience and gas chains, drug stores, foodservice customers, value stores, e-commerce retailers, and the military. End markets span energy drinks, performance beverages, wellness beverages, affordable energy, and alcohol.
- Value-chain role
- Brand owner and product developer that outsources manufacturing and relies on a distributor and bottler network for fulfillment. Sells finished packaged beverages and, in the Strategic Brands segment, also supplies concentrates and collects royalties.
- Geographic exposure
- Filing excerpts do not provide a specific geographic revenue breakdown. Company is headquartered in Corona, California.
Source: SEC 10-K, filed 2026-02-27
Industry:
Bottled & Canned Soft Drinks & Carbonated Waters
Peers:
Vita Coco Company Inc
Celsius Holdings Inc
Coca-Cola Consolidated Inc
Coca-Cola Co
Keurig Dr Pepper Inc
National Beverage Corp
PepsiCo Inc
Zevia PBC