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Monster Beverage vs Reed'S: revenue, profit, margins and growth compared

Monster Beverage brought in $8.3B of revenue in fiscal 2025, Reed'S $34.1M in fiscal 2025. Revenue changed by +10.7% at Monster Beverage and -10.2% at Reed'S on the year before, so Monster Beverage grew faster. Monster Beverage kept 23.0% of its revenue as net profit, Reed'S -46.5%. Free cash flow was $2B at Monster Beverage and -$17.3M at Reed'S.

Side by side, latest fiscal year

MNSTREED
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$8.3B$34.1M
Revenue growth+10.7%-10.2%
Net income$1.9B-$15.8M
Net margin23.0%-46.5%
Free cash flow$2B-$17.3M
Free cash flow margin23.7%-50.8%
Earnings per share (diluted)n/a-$1.91
Cash$2.1B$10.4M
Debtn/an/a
Price to earningsn/an/a
Market value$126.7B$7.7M
Dividend yieldn/an/a
Rank by revenue in sector#28 of 125 · Consumer staples#95 of 125 · Consumer staples

Over the years

Revenue
MNST FY2018: $3.8BMNST FY2019: $4.2BMNST FY2020: $4.6BMNST FY2021: $5.5BMNST FY2022: $6.3BMNST FY2023: $7.1BMNST FY2024: $7.5BMNST FY2025: $8.3BREED FY2018: $38.1MREED FY2019: $33.8MREED FY2020: $41.6MREED FY2021: $49.6MREED FY2022: $53MREED FY2023: $44.7MREED FY2024: $38MREED FY2025: $34.1MFY18FY19FY20FY21FY22FY23FY24FY25
MNST $8.3BREED $34.1M
Net income
MNST FY2018: $993MMNST FY2019: $1.1BMNST FY2020: $1.4BMNST FY2021: $1.4BMNST FY2022: $1.2BMNST FY2023: $1.6BMNST FY2024: $1.5BMNST FY2025: $1.9BREED FY2018: -$10.3MREED FY2019: -$16.1MREED FY2020: -$10.2MREED FY2021: -$16.4MREED FY2022: -$20.1MREED FY2023: -$15.5MREED FY2024: -$13.2MREED FY2025: -$15.8MFY18FY19FY20FY21FY22FY23FY24FY25
MNST $1.9BREED -$15.8M
Net margin
MNST FY2018: 26.1%MNST FY2019: 26.4%MNST FY2020: 30.7%MNST FY2021: 24.9%MNST FY2022: 18.9%MNST FY2023: 22.8%MNST FY2024: 20.1%MNST FY2025: 23.0%REED FY2018: -27.1%REED FY2019: -47.6%REED FY2020: -24.5%REED FY2021: -33.1%REED FY2022: -37.8%REED FY2023: -34.7%REED FY2024: -34.7%REED FY2025: -46.5%FY18FY19FY20FY21FY22FY23FY24FY25
MNST 23.0%REED -46.5%
Revenue growth
MNST FY2019: +10.3%MNST FY2020: +9.5%MNST FY2021: +20.5%MNST FY2022: +13.9%MNST FY2023: +13.1%MNST FY2024: +4.9%MNST FY2025: +10.7%REED FY2019: -11.2%REED FY2020: +23.0%REED FY2021: +19.2%REED FY2022: +6.9%REED FY2023: -15.7%REED FY2024: -15.1%REED FY2025: -10.2%FY19FY20FY21FY22FY23FY24FY25
MNST +10.7%REED -10.2%
Free cash flow
MNST FY2018: $1.1BMNST FY2019: $1BMNST FY2020: $1.3BMNST FY2021: $1.1BMNST FY2022: $699MMNST FY2023: $1.5BMNST FY2024: $1.7BMNST FY2025: $2BREED FY2018: -$9.4MREED FY2019: -$18.5MREED FY2020: -$9.6MREED FY2021: -$17.9MREED FY2023: -$4.4MREED FY2024: -$6.3MREED FY2025: -$17.3MFY18FY19FY20FY21FY22FY23FY24FY25
MNST $2BREED -$17.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Monster Beverage and Reed'S

Which is bigger by revenue, Monster Beverage or Reed'S?

Monster Beverage is bigger by revenue: $8.3B in fiscal 2025, against $34.1M for Reed'S in fiscal 2025.

Which keeps more of its revenue as profit, Monster Beverage or Reed'S?

Monster Beverage had a net margin of 23.0% in fiscal 2025; Reed'S had -46.5% in fiscal 2025.

Which grew revenue faster, Monster Beverage or Reed'S?

In their latest fiscal years revenue changed by +10.7% at Monster Beverage and -10.2% at Reed'S.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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