# Who are Monster Beverage Corporation's customers? Who does Monster Beverage Corporation earn revenue from?
Canonical: https://valuechain.wiki/monster-beverage · Facet: customers · Updated: 2026-10-12T20:24:46.128+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Monster Beverage Corporation's confirmed revenue counterparties include Coca-Cola Europacific Partners plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 revenue edges, backed by 2 dated sources, 1 of them primary filings (as of 2026-10-12).

### Coca-Cola (high)  → /coca-cola.md
- metric: Market share 20.9% · 2026-02-13 · The Coca-Cola Company's ownership of Monster Beverage common stock
- note: As of February 13, 2026, Coca-Cola owned about 20.9% of Monster's common stock and had nominated one director. Korean brokerage research also confirms the 2014 equity investment that launched the strategic partnership.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-27) https://www.sec.gov/Archives/edgar/data/865752/000110465926020831/mnst-20251231x10k.htm: "TCCC owned approximately 20.9%"
- [confirms] Eugene Investment & Securities Research Center (KO, research, published 2021-09-01) https://www.eugenefn.com/common/files/amail/20210901_B_fruitism_207.pdf: "Monster sold a 16.7% stake to Coca-Cola in August 2014 and entered a strategic partnership."

### 코카콜라 유로퍼시픽 파트너스 (high)  → /coca-cola-europacific-partners.md
- metric: Revenue share 15% · FY2025 · Coca-Cola Europacific Partners' share of Monster Beverage FY2025 net sales
- note: Coca-Cola Europacific Partners is Monster's largest disclosed customer, accounting for about 15% of FY2025 net sales. The Coca-Cola distribution network is both a growth platform and a concentration risk.
- [confirms] Eightx (EN, analysis, published 2026-06-24) https://eightx.co/blog/monster-beverage-teardown: "Coca-Cola Europacific Partners alone was ~15% of FY2025 net sales."
- [confirms] SEC EDGAR (EN, filing, published 2026-02-27) https://www.sec.gov/Archives/edgar/data/865752/000110465926020831/mnst-20251231x10k.htm: "accounted for approximately 15%"

### 코카콜라 컨솔리데이티드 (high)
- metric: Revenue share 10% · FY2025 · Coca-Cola Consolidated's share of Monster Beverage FY2025 net sales
- note: Coca-Cola Consolidated is a major bottler customer that accounted for about 10% of Monster's net sales in each year from FY2023 through FY2025.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-27) https://www.sec.gov/Archives/edgar/data/865752/000110465926020831/mnst-20251231x10k.htm: "accounted for approximately 10%"

Reverse side: https://valuechain.wiki/monster-beverage/suppliers.md · Ripple: https://valuechain.wiki/monster-beverage/ripple.md

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Full node: https://valuechain.wiki/monster-beverage.md · JSON: https://valuechain.wiki/monster-beverage.json