For the year ending 2025-12-31, MNST had $554,830K increase in cash & cash equivalents over the period. $1,965,902K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 1,905,432 | 1,509,048 | 1,630,988 | 1,191,624 |
| Depreciation and amortization | 114,441 | 80,434 | 68,898 | 61,241 |
| Non-cash lease expense | 15,398 | 13,521 | 9,043 | 7,337 |
| Loss on disposal of property and equipment | -2,781 | -3,328 | -166 | 185 |
| Gain on bang transaction | - | - | 45,382 | - |
| Loss on impairment of intangibles | - | - | 38,700 | 2,200 |
| Impairment of goodwill and other intangibles | 38,411 | 127,098 | - | - |
| Impairment of property and equipment | 12,029 | 8,184 | 4,336 | - |
| Stock-based compensation | 125,687 | 90,985 | 68,836 | 64,109 |
| Deferred income taxes | -4,210 | 11,705 | -2,040 | -48,182 |
| Accounts receivable | 300,600 | 93,915 | 163,158 | 128,981 |
| Inventories | 34,918 | -211,503 | -7,898 | 347,712 |
| Prepaid expenses and other assets | 39,307 | -8,959 | 10,215 | 38,268 |
| Prepaid income taxes | 21,094 | -3,062 | 18,833 | 4,439 |
| Accounts payable | 78,460 | -61,491 | 112,786 | 49,765 |
| Accrued liabilities | 81,341 | 18,371 | -10,393 | -30,419 |
| Accrued promotional allowances | 98,266 | 9,736 | 8,418 | 50,821 |
| Accrued compensation | 17,801 | 5,947 | 13,398 | 3,729 |
| Income taxes payable | 27,779 | 9,438 | 1,748 | -16,860 |
| Other liabilities | -4,935 | 13,390 | 22,951 | -4,540 |
| Deferred revenue | -23,005 | -17,360 | -24,472 | -19,905 |
| Net cash provided by operating activities | 2,098,177 | 1,928,533 | 1,717,753 | 887,699 |
| Sales of available-for-sale investments | 105,794 | 1,377,915 | 2,029,737 | 2,252,355 |
| Purchases of available-for-sale investments | 1,268,944 | 342,121 | 1,620,718 | 1,847,067 |
| Acquisition of canarchy, net of cash | - | - | - | 329,472 |
| Acquisition, net of cash-Bang Energy | - | - | 363,385 | - |
| Purchases of property and equipment | 132,275 | 264,074 | 221,428 | 188,726 |
| Proceeds from sale of property and equipment | 4,299 | 2,732 | 2,520 | 1,313 |
| Additions to intangibles | 25,254 | 42,360 | 13,296 | 23,427 |
| Decrease (increase) in other assets | 398 | -1,635 | 6,825 | 26,343 |
| Net cash (used in) provided by investing activities | -1,316,778 | 733,727 | -193,395 | -161,367 |
| Payments on short-term debt | -10,344 | -8,223 | -13,914 | 75 |
| Borrowings on credit facilities | - | 750,000 | - | - |
| Payments on credit facilities | 375,000 | 375,000 | - | - |
| Payments for debt issuance costs | - | 2,904 | - | - |
| Issuance of common stock | 164,568 | 78,973 | 130,267 | 64,015 |
| Purchases of common stock held in treasury | 103,646 | 3,771,875 | 658,952 | 771,028 |
| Net cash used in financing activities | -324,422 | -3,329,029 | -542,599 | -706,938 |
| Effect of exchange rate changes on cash and cash equivalents | 97,853 | -97,619 | 8,775 | -38,715 |
| Net increase (decrease) in cash and cash equivalents | 554,830 | -764,388 | 990,534 | -19,321 |
| Cash and cash equivalents, beginning of year | 1,533,287 | 2,297,675 | 1,307,141 | 1,326,462 |
| Cash and cash equivalents, end of year | 2,088,117 | 1,533,287 | 2,297,675 | 1,307,141 |
Monster Beverage Corp (MNST)
Monster Beverage Corp (MNST)