Monster Beverage shares outstanding 1990–2026What are shares outstanding? Shares outstanding are all the shares a company has issued that investors hold, insiders included. Their number times the share price is the market value.
Monster Beverage had 1,959,050,000 shares outstanding on 8 November 2026. Monster Beverage had 1.98B diluted shares on average over the last twelve months, up 0.6% on the twelve months before. In fiscal year 2025 the average was 1.97B.
Last updated 6 Nov 2026 · Next report 25 Feb 2027
Shares outstanding
Change on the year
| Fiscal year | Period ending | Shares outstanding | Change on the year | Basic shares |
|---|---|---|---|---|
| TTM | 30 Sept 2026 | 1.98B | +0.57% | 1.96B |
| FY2025 | 31 Dec 2025 | 1.97B | -2.83% | 1.95B |
| FY2024 | 31 Dec 2024 | 2.03B | -4.24% | 2.01B |
| FY2023 | 31 Dec 2023 | 2.12B | -0.79% | 2.09B |
| FY2022 | 31 Dec 2022 | 2.13B | -0.45% | 2.11B |
| FY2021 | 31 Dec 2021 | 2.14B | +0.16% | 2.12B |
| FY2020 | 31 Dec 2020 | 2.14B | -2.16% | 2.12B |
| FY2019 | 31 Dec 2019 | 2.19B | -3.13% | 2.17B |
| FY2018 | 31 Dec 2018 | 2.26B | -2.23% | 2.23B |
| FY2017 | 31 Dec 2017 | 2.31B | -3.78% | 2.27B |
| FY2016 | 31 Dec 2016 | 2.40B | +3.82% | 2.35B |
| FY2015 | 31 Dec 2015 | 2.31B | +10.50% | 2.27B |
| FY2014 | 31 Dec 2014 | 2.09B | +0.52% | 2.01B |
| FY2013 | 31 Dec 2013 | 2.08B | -5.30% | 2.00B |
| FY2012 | 31 Dec 2012 | 2.20B | -1.92% | 2.08B |
| FY2011 | 31 Dec 2011 | 2.24B | +0.34% | 2.11B |
| FY2010 | 31 Dec 2010 | 2.23B | -1.71% | 2.12B |
| FY2009 | 31 Dec 2009 | 2.27B | -2.96% | 2.16B |
| FY2008 | 31 Dec 2008 | 2.34B | -1.36% | 2.22B |
| FY2007 | 31 Dec 2007 | 2.37B | +0.29% | 2.19B |
| FY2006 | 31 Dec 2006 | 2.37B | +1.54% | 2.16B |
| FY2005 | 31 Dec 2005 | 2.33B | +2.76% | 2.12B |
| FY2004 | 31 Dec 2004 | 2.27B | +9.74% | 2.05B |
| FY2003 | 31 Dec 2003 | 2.07B | +4.09% | 1.97B |
| FY2002 | 31 Dec 2002 | 1.99B | -4.12% | 1.93B |
| FY2001 | 31 Dec 2001 | 2.07B | +4.66% | 1.93B |
| FY2000 | 31 Dec 2000 | 1.98B | -1.98% | 1.93B |
| FY1999 | 31 Dec 1999 | 2.02B | +0.77% | 1.91B |
| FY1998 | 31 Dec 1998 | 2.00B | +4.31% | 1.80B |
| FY1997 | 31 Dec 1997 | 1.92B | 0.00% | 1.78B |
| FY1996 | 31 Dec 1996 | 1.92B | +15.38% | 1.77B |
| FY1995 | 31 Dec 1995 | 1.66B | -7.14% | 1.66B |
| FY1994 | 31 Dec 1994 | 1.79B | +8.89% | 1.79B |
| FY1993 | 31 Dec 1993 | 1.65B | +28.57% | 1.65B |
| FY1992 | 31 Dec 1992 | 1.28B | +84.88% | 1.28B |
| FY1991 | 31 Dec 1991 | 692.35M | +134.39% | 692.35M |
| FY1990 | 31 Dec 1990 | 295.38M | — | 295.38M |
| Quarter | Period ending | Shares outstanding | Growth on a year before | Basic shares |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 1.98B | +0.52% | 1.96B |
| Q2 FY2026 | 30 Jun 2026 | 1.98B | +0.46% | 1.96B |
| Q1 FY2026 | 31 Mar 2026 | 1.98B | +0.71% | 1.96B |
| Q4 FY2025 | 31 Dec 2025 | 1.97B | +0.60% | 1.96B |
| Q3 FY2025 | 30 Sept 2025 | 1.97B | +0.18% | 1.95B |
| Q2 FY2025 | 30 Jun 2025 | 1.97B | -5.15% | 1.95B |
| Q1 FY2025 | 31 Mar 2025 | 1.96B | -6.66% | 1.95B |
| Q4 FY2024 | 31 Dec 2024 | 1.96B | -6.80% | 1.95B |
| Q3 FY2024 | 30 Sept 2024 | 1.97B | -7.25% | 1.95B |
| Q2 FY2024 | 30 Jun 2024 | 2.07B | -2.14% | 2.06B |
| Q1 FY2024 | 31 Mar 2024 | 2.10B | -0.74% | 2.08B |
| Q4 FY2023 | 31 Dec 2023 | 2.11B | -0.55% | 2.08B |
| Q3 FY2023 | 30 Sept 2023 | 2.12B | -0.62% | 2.09B |
| Q2 FY2023 | 30 Jun 2023 | 2.12B | -0.89% | 2.09B |
| Q1 FY2023 | 31 Mar 2023 | 2.12B | -1.12% | 2.09B |
| Q4 FY2022 | 31 Dec 2022 | 2.12B | -1.23% | 2.09B |
| Q3 FY2022 | 30 Sept 2022 | 2.13B | -0.49% | 2.11B |
| Q2 FY2022 | 30 Jun 2022 | 2.14B | -0.14% | 2.11B |
| Q1 FY2022 | 31 Mar 2022 | 2.14B | +0.11% | 2.12B |
| Q4 FY2021 | 31 Dec 2021 | 2.14B | +0.29% | 2.12B |
| Q3 FY2021 | 30 Sept 2021 | 2.14B | +0.50% | 2.12B |
| Q2 FY2021 | 30 Jun 2021 | 2.14B | +0.82% | 2.11B |
| Q1 FY2021 | 31 Mar 2021 | 2.14B | -1.02% | 2.11B |
| Q4 FY2020 | 31 Dec 2020 | 2.14B | -1.30% | 2.11B |
| Q3 FY2020 | 30 Sept 2020 | 2.13B | -2.76% | 2.11B |
| Q2 FY2020 | 30 Jun 2020 | 2.12B | -3.11% | 2.11B |
| Q1 FY2020 | 31 Mar 2020 | 2.16B | -1.41% | 2.14B |
| Q4 FY2019 | 31 Dec 2019 | 2.16B | -2.77% | 2.15B |
| Q3 FY2019 | 30 Sept 2019 | 2.19B | -2.06% | 2.18B |
| Q2 FY2019 | 30 Jun 2019 | 2.19B | -3.20% | 2.18B |
| Q1 FY2019 | 31 Mar 2019 | 2.19B | -4.50% | 2.17B |
| Q4 FY2018 | 31 Dec 2018 | 2.23B | -3.19% | 2.20B |
| Q3 FY2018 | 30 Sept 2018 | 2.24B | -3.18% | 2.21B |
| Q2 FY2018 | 30 Jun 2018 | 2.27B | -2.02% | 2.24B |
| Q1 FY2018 | 31 Mar 2018 | 2.30B | -1.36% | 2.26B |
| Q4 FY2017 | 31 Dec 2017 | 2.30B | -0.94% | 2.26B |
| Q3 FY2017 | 30 Sept 2017 | 2.31B | -0.84% | 2.27B |
| Q2 FY2017 | 30 Jun 2017 | 2.31B | -6.00% | 2.27B |
| Q1 FY2017 | 31 Mar 2017 | 2.33B | -6.23% | 2.29B |
| Q4 FY2016 | 31 Dec 2016 | 2.32B | -5.97% | 2.28B |
| Q3 FY2016 | 30 Sept 2016 | 2.33B | -6.57% | 2.28B |
| Q2 FY2016 | 30 Jun 2016 | 2.46B | +12.98% | 2.41B |
| Q1 FY2016 | 31 Mar 2016 | 2.48B | +19.06% | 2.44B |
| Q4 FY2015 | 31 Dec 2015 | 2.47B | +17.64% | 2.43B |
| Q3 FY2015 | 30 Sept 2015 | 2.50B | +19.41% | 2.46B |
| Q2 FY2015 | 30 Jun 2015 | 2.18B | +4.28% | 2.12B |
| Q1 FY2015 | 31 Mar 2015 | 2.09B | +0.02% | 2.04B |
| Q4 FY2014 | 31 Dec 2014 | 2.10B | +0.90% | 2.01B |
| Q3 FY2014 | 30 Sept 2014 | 2.09B | +0.19% | 2.01B |
| Q2 FY2014 | 30 Jun 2014 | 2.09B | +0.35% | 2.01B |
| Q1 FY2014 | 31 Mar 2014 | 2.08B | +0.68% | 2.00B |
| Q4 FY2013 | 31 Dec 2013 | 2.08B | -1.56% | 2.01B |
| Q3 FY2013 | 30 Sept 2013 | 2.09B | -5.41% | 2.01B |
| Q2 FY2013 | 30 Jun 2013 | 2.08B | -6.94% | 2.00B |
| Q1 FY2013 | 31 Mar 2013 | 2.07B | -6.86% | 1.99B |
| Q4 FY2012 | 31 Dec 2012 | 2.11B | -5.66% | 2.03B |
| Q3 FY2012 | 30 Sept 2012 | 2.21B | -1.47% | 2.10B |
| Q2 FY2012 | 30 Jun 2012 | 2.24B | -0.49% | 2.11B |
| Q1 FY2012 | 31 Mar 2012 | 2.22B | -1.06% | 2.10B |
| Q4 FY2011 | 31 Dec 2011 | 2.24B | +0.34% | 2.11B |
| Q3 FY2011 | 30 Sept 2011 | 2.24B | +0.49% | 2.11B |
| Q2 FY2011 | 30 Jun 2011 | 2.25B | +0.68% | 2.12B |
| Q1 FY2011 | 31 Mar 2011 | 2.25B | +0.64% | 2.13B |
| Q4 FY2010 | 31 Dec 2010 | 2.23B | -1.71% | 2.12B |
| Q3 FY2010 | 30 Sept 2010 | 2.23B | -1.92% | 2.12B |
| Q2 FY2010 | 30 Jun 2010 | 2.23B | -2.46% | 2.13B |
| Q1 FY2010 | 31 Mar 2010 | 2.23B | -2.40% | 2.12B |
| Q4 FY2009 | 31 Dec 2009 | 2.27B | -2.96% | 2.16B |
| Q3 FY2009 | 30 Sept 2009 | 2.27B | -2.30% | 2.16B |
| Q2 FY2009 | 30 Jun 2009 | 2.29B | -2.73% | 2.17B |
| Q1 FY2009 | 31 Mar 2009 | 2.29B | -3.73% | 2.17B |
| Q4 FY2008 | 31 Dec 2008 | 2.34B | -1.36% | 2.22B |
| Q3 FY2008 | 30 Sept 2008 | 2.33B | -2.00% | 2.22B |
| Q2 FY2008 | 30 Jun 2008 | 2.35B | -0.47% | 2.23B |
| Q1 FY2008 | 31 Mar 2008 | 2.38B | +0.72% | 2.24B |
| Q4 FY2007 | 31 Dec 2007 | 2.37B | +0.29% | 2.19B |
| Q3 FY2007 | 30 Sept 2007 | 2.37B | +0.06% | 2.20B |
| Q2 FY2007 | 30 Jun 2007 | 2.36B | -0.84% | 2.16B |
| Q1 FY2007 | 31 Mar 2007 | 2.36B | -2.30% | 2.16B |
| Q4 FY2006 | 31 Dec 2006 | 2.37B | +1.54% | 2.16B |
| Q3 FY2006 | 30 Sept 2006 | 2.37B | +1.54% | 2.17B |
| Q2 FY2006 | 30 Jun 2006 | 2.38B | +1.79% | 2.16B |
| Q1 FY2006 | 31 Mar 2006 | 2.41B | +4.28% | 2.18B |
| Q4 FY2005 | 31 Dec 2005 | 2.33B | +2.76% | 2.12B |
| Q3 FY2005 | 30 Sept 2005 | 2.34B | +2.74% | 2.12B |
| Q2 FY2005 | 30 Jun 2005 | 2.34B | +4.37% | 2.11B |
| Q1 FY2005 | 31 Mar 2005 | 2.32B | +5.21% | 2.10B |
| Q4 FY2004 | 31 Dec 2004 | 2.27B | +9.74% | 2.05B |
| Q3 FY2004 | 30 Sept 2004 | 2.27B | +10.11% | 2.08B |
| Q2 FY2004 | 30 Jun 2004 | 2.24B | +11.75% | 2.02B |
| Q1 FY2004 | 31 Mar 2004 | 2.20B | +9.85% | 2.00B |
| Q4 FY2003 | 31 Dec 2003 | 2.07B | +4.09% | 1.97B |
| Q3 FY2003 | 30 Sept 2003 | 2.07B | +3.52% | 1.97B |
| Q2 FY2003 | 30 Jun 2003 | 2.01B | +1.12% | 1.97B |
| Q1 FY2003 | 31 Mar 2003 | 2.00B | +0.93% | 1.96B |
| Q4 FY2002 | 31 Dec 2002 | 1.99B | +0.24% | 1.93B |
| Q3 FY2002 | 30 Sept 2002 | 1.99B | +0.65% | 1.93B |
| Q2 FY2002 | 30 Jun 2002 | 1.98B | +0.44% | 1.93B |
| Q1 FY2002 | 31 Mar 2002 | 1.99B | +0.32% | 1.93B |
| Q4 FY2001 | 31 Dec 2001 | 1.98B | -0.87% | 1.93B |
| Q3 FY2001 | 30 Sept 2001 | 1.98B | -1.39% | 1.93B |
| Q2 FY2001 | 30 Jun 2001 | 1.98B | -0.73% | 1.93B |
| Q1 FY2001 | 31 Mar 2001 | 1.98B | -1.67% | 1.92B |
| Q4 FY2000 | 31 Dec 2000 | 2.00B | -1.00% | 1.91B |
| Q3 FY2000 | 30 Sept 2000 | 2.01B | +4.68% | 1.91B |
| Q2 FY2000 | 30 Jun 2000 | 1.99B | +3.68% | 1.91B |
| Q1 FY2000 | 31 Mar 2000 | 2.01B | -0.38% | 1.92B |
| Q4 FY1999 | 31 Dec 1999 | 2.02B | +0.77% | 1.91B |
| Q3 FY1999 | 30 Sept 1999 | 1.92B | 0.00% | 1.92B |
| Q2 FY1999 | 30 Jun 1999 | 1.92B | 0.00% | 1.92B |
| Q1 FY1999 | 31 Mar 1999 | 2.02B | +5.22% | 1.91B |
| Q4 FY1998 | 31 Dec 1998 | 2.00B | +12.30% | 1.80B |
| Q3 FY1998 | 30 Sept 1998 | 1.92B | 0.00% | 1.76B |
| Q2 FY1998 | 30 Jun 1998 | 1.92B | 0.00% | 1.75B |
| Q1 FY1998 | 31 Mar 1998 | 1.92B | +9.61% | 1.68B |
| Q4 FY1997 | 31 Dec 1997 | 1.78B | -7.11% | 1.75B |
| Q3 FY1997 | 30 Sept 1997 | 1.92B | 0.00% | 1.92B |
| Q2 FY1997 | 30 Jun 1997 | 1.92B | 0.00% | 1.92B |
| Q1 FY1997 | 31 Mar 1997 | 1.75B | 0.00% | 1.75B |
| Q4 FY1996 | 31 Dec 1996 | 1.92B | +15.38% | 1.77B |
| Q3 FY1996 | 30 Sept 1996 | 1.92B | +16.67% | 1.92B |
| Q2 FY1996 | 30 Jun 1996 | 1.92B | 0.00% | 1.92B |
| Q1 FY1996 | 31 Mar 1996 | 1.75B | -8.77% | 1.75B |
| Q4 FY1995 | 31 Dec 1995 | 1.66B | -7.14% | 1.66B |
| Q3 FY1995 | 30 Sept 1995 | 1.65B | -14.29% | 1.65B |
| Q2 FY1995 | 30 Jun 1995 | 1.92B | 0.00% | 1.92B |
| Q1 FY1995 | 31 Mar 1995 | 1.92B | 0.00% | 1.92B |
| Q4 FY1994 | 31 Dec 1994 | 1.79B | +8.89% | 1.79B |
| Q3 FY1994 | 30 Sept 1994 | 1.92B | 0.00% | 1.92B |
| Q2 FY1994 | 30 Jun 1994 | 1.92B | 0.00% | 1.92B |
| Q1 FY1994 | 31 Mar 1994 | 1.92B | 0.00% | 1.92B |
| Q4 FY1993 | 31 Dec 1993 | 1.65B | +28.57% | 1.65B |
| Q3 FY1993 | 30 Sept 1993 | 1.92B | +94.69% | 1.92B |
| Q2 FY1993 | 30 Jun 1993 | 1.92B | +94.69% | 1.92B |
| Q1 FY1993 | 31 Mar 1993 | 1.92B | +94.69% | 1.92B |
| Q4 FY1992 | 31 Dec 1992 | 1.28B | +29.79% | 1.28B |
| Q3 FY1992 | 30 Sept 1992 | 986.18M | +42.44% | 986.18M |
| Q2 FY1992 | 30 Jun 1992 | 986.18M | +42.44% | 986.18M |
| Q1 FY1992 | 31 Mar 1992 | 986.18M | +42.44% | 986.18M |
| Q4 FY1991 | 31 Dec 1991 | 986.18M | — | 986.18M |
| Q3 FY1991 | 30 Sept 1991 | 692.35M | +152.42% | 692.35M |
| Q2 FY1991 | 30 Jun 1991 | 692.35M | +139.04% | 692.35M |
| Q1 FY1991 | 31 Mar 1991 | 692.35M | +127.01% | 692.35M |
| Q3 FY1990 | 30 Sept 1990 | 274.29M | -10.07% | 274.29M |
| Q2 FY1990 | 30 Jun 1990 | 289.64M | — | 289.64M |
| Q1 FY1990 | 31 Mar 1990 | 304.99M | — | 304.99M |
| Q4 FY1989 | 31 Dec 1989 | 304.99M | — | 304.99M |
| Q3 FY1989 | 30 Sept 1989 | 304.99M | — | 304.99M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,Net income,EPS,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Monster Beverage's shares
Source: Financial Modeling Prep
