怪物饮料 2024年度报告

Washington, D.C. 20549 Form10-K(Mark One)☒ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d)OFTHE SECURITIES EXCHANGE ACT OF 1934For the fiscal year endedDecember 31,2024OR☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OFTHE SECURITIES EXCHANGE ACT OF 1934For the transition period from _____ to _____Commission file number001-18761 MONSTER BEVERAGE CORPORATION (Exact name of registrant as specified in its charter) Delaware47-1809393(State or other jurisdiction of(I.R.S. Employerincorporation or organization)Identification No.)1 Monster WayCorona,California92879(Address of principal executive offices)(Zip Code)Registrant’s telephone number, including area code: (951)739 - 6200Securities registered pursuant to Section12(b)of the Act: Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act.Yes☑No☐ Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filingrequirements for the past 90 days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” inRule12b-2 of the Exchange Act: Accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared orissued its audit report.þ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included inthe filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined by Rule12b-2 of the Exchange Act.). Yes☐No☑ The aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant was $45,414,209,071computed byreference to the closing sale price for such stock on the Nasdaq Global Select Market on June 30, 2024, the last business day of the registrant’s most recentlycompleted second fiscal quarter. The number of shares of the registrant’s common stock, $0.005 par value per share (being the only class of common stock of the registrant),outstanding on February14, 2025 was973,158,896shares. DOCUMENTS INCORPORATED BY REFERENCE: Portions of the registrant’s Definitive Proxy Statement to be filed subsequent to the date hereof with the Commission pursuant to Regulation 14A inconnection with the registrant’s 2025 Annual Meeting of Stockholders are incorporated by reference into PartIII of this Report. Such Definitive Proxy Statementwill be filed with the Securities and Exchange Commission no later than 120 days after the conclusion of the registrant’s fiscal year ended December 31, 2024. MONSTER BEVERAGE CORPORATION FORM10-K TABLE OF CONTENTS ItemNumber PageNumber PARTI 1.Business31A.Risk Factors191B.Unresolved Staff Comments371C.Cybersecurity372.Properties383.Legal Proceedings384.Mine Safety Disclosures38 PARTII 5.Market for the Registrant’s Common Equity, Related Stockholder Matters and IssuerPurchasesof Equity Securities396.[Reserved]417.Management’s Discussion and Analysis of Financial Condition and Results ofOperations417A.Quantitative and Qualitative Disclosures about Market Risk618.Financial Statements and Supplementary Data629.Changes in and Disagreements with Accountants on Accounting and FinancialDisclosure629A.Controls and Procedures629B.Other Information649C.Disclosures Regarding Foreign Jurisdictions that Prevent Inspections64 PARTIII 10.Directors, Executive