MNST · Consumer

Monster Beverage Corp

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

10-Q · 2026-08-07

• Geographic Revenue ShiftImportance 70 · Surprise 56
  Monster continued pursuing domestic market development while expanding internationally. Sales to customers outside the United States increased 34.6% to $1.16 billion in the second quarter and represented approximately…
• Investing ActivitiesImportance 69 · Surprise 64
  Cash used in investing activities increased to $929.3 million for the six months ended June 30, 2026, from $357.7 million in the comparable 2025 period, a 160% year-over-year increase. Purchases of available-for-sale…
• Gross Margin DriversImportance 65 · Surprise 48
  Second-quarter gross profit increased 20.7% to $1.42 billion, while gross margin expanded to 55.9% from 55.7%. The improvement reflected the 2025 Pricing Actions and product sales mix. Higher aluminum can costs,…
• Operating Expense TrendsImportance 65 · Surprise 48
  Second-quarter operating expenses increased 24.7% to $679.2 million, exceeding the 20.2% net-sales growth rate. Selling and marketing expenses rose $72.3 million because of higher social, digital, media, sponsorship…
• Purchase Commitments and ObligationsImportance 64 · Surprise 42
  Total contractual obligations were $1,058.447 million as of June 30, 2026, including $746.637 million of contractual obligations, $5.138 million of finance leases, $87.794 million of operating leases, and $218.878…
• Capital Expenditure PlansImportance 62 · Surprise 42
  Monster Beverage expects capital expenditures, excluding common-stock repurchases, to be less than $250.0 million through June 30, 2027. Planned capital uses include purchases of capital assets, equipment, real…
• Customer ConcentrationImportance 61 · Surprise 32
  Coca-Cola Europacific Partners accounted for approximately 16% of second-quarter net sales in 2026, up from 15% in 2025. Coca-Cola Consolidated accounted for approximately 9% of second-quarter net sales in 2026, down…
• Revenue Performance and DemandImportance 59 · Surprise 48
  Worldwide consumer demand for Monster Energy® brand energy drinks increased, driving net sales growth of 20.2% in the second quarter and 23.3% in the first six months of 2026. Energy drink case sales increased 22.3% to…
• Operating Income and MarginsImportance 54 · Surprise 40
  Second-quarter operating income increased 17.2% to $740.4 million, but operating margin declined to 29.2% from 29.9% as operating expenses grew faster than sales. Six-month operating income increased 22.4% to $1.47…
• Operating Cash Flow TrendsImportance 54 · Surprise 40
  Six-month operating cash flow increased to $1.11 billion from $973.6 million in the prior-year period. Cash generation included $1.15 billion of net income, $65.9 million of depreciation and amortization and non-cash…
• Pricing ActionsImportance 45 · Surprise 50
  Monster implemented price increases for core brands and packages in the United States during the fourth quarter of 2025 and at various times in international markets during 2025. These Pricing Actions supported gross…
• Capital Return ProgramImportance 45 · Surprise 64
  Cash used in financing activities was $58.7 million for the six months ended June 30, 2026, compared with $309.0 million in the 2025 period. The 2026 financing cash outflow was primarily attributable to repurchases of…
• Liquidity and Debt PositionImportance 42 · Surprise 6
  At June 30, 2026, Monster Beverage held $2.19 billion of cash and cash equivalents, $1.23 billion of short-term investments and $781.3 million of long-term investments. Foreign subsidiaries held $912.8 million of the…
• Income Tax Rate ChangesImportance 41 · Surprise 22
  Second-quarter income-tax provision increased 16.4% to $183.7 million from $157.9 million. The effective combined federal, state and foreign tax rate decreased to 23.9% from 24.4%, reducing the tax rate by 50 basis…
• Supply Chain ConstraintsImportance 38 · Surprise 24
  Monster identified increased aluminum can costs and freight-in costs as pressures on gross profit margins. These cost pressures were partly offset by the Pricing Actions and product sales mix. The company also reported…
• Interest Rate EnvironmentImportance 38 · Surprise 6
  At June 30, 2026, Monster held $2.19 billion of cash and cash equivalents, $1.23 billion of short-term investments, and $781.3 million of long-term investments. The portfolio included commercial paper, municipal…
• Product Launch and TransitionImportance 31 · Surprise 42
  Monster expanded its beverage portfolio during the second quarter by launching six products across energy and total wellness categories. New products included Bang Energy® American Berry, Bang Energy® White Gummy Bear,…
• FX / Currency ImpactImportance 26 · Surprise 24
  Net changes in foreign currency exchange rates favorably impacted net sales by approximately $48.5 million in the three months ended June 30, 2026 and $137.8 million in the six months ended June 30, 2026. International…
• Distribution ChannelsImportance 10 · Surprise 6
  Monster sells through a broad beverage distribution network that includes full-service bottlers and distributors, retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience and gas…
• InflationImportance 3 · Surprise 6
  Monster stated that inflation did not have a significant impact on its results of operations for the three- and six-month periods ended June 30, 2026. The filing therefore indicates no material inflation-related…

News · 2026-08-07

• Revenue Performance and MixImportance 59 · Surprise 48
  Monster Beverage reported Q2 2026 net sales of $2.54 billion, up 20.2% year over year and above the $2.43 billion consensus estimate. International net sales increased 34.6% to $1.16 billion, representing 46% of total…
• Marketing and Distribution InvestmentImportance 31 · Surprise 42
  Monster Beverage increased investments in marketing, distribution, and payroll during Q2 2026. The spending was intended to support continued global growth and product demand. The company also continued investing in…
• Pricing and Input CostsImportance 31 · Surprise 42
  Monster is considering selective price increases in the United States during the fourth quarter of 2026. The potential pricing action is intended to address higher aluminum, freight, and marketing costs while…
• Energy Drink Demand TrendsImportance 20 · Surprise 24
  Monster reported broad-based sales growth led by its Monster Energy drinks segment. Third-party coverage characterized the energy-drink category as resilient, with heightened global demand supporting the company’s…

8-K · 2026-08-06

• Geographic Revenue ShiftImportance 64 · Surprise 56
  Second-quarter sales outside the United States increased 34.6% to $1.16 billion from $864.2 million. International sales represented approximately 46% of total reported revenue, up from 41% in the prior-year quarter.…
• Geographic Market CommentaryImportance 64 · Surprise 56
  International sales increased 34.6% year over year to $1.16 billion in the second quarter of 2026, representing approximately 46% of total reported net sales versus 41% a year earlier. On a foreign-currency-adjusted…
• Liquidity and Cash PositionImportance 62 · Surprise 46
  Cash and cash equivalents increased to $2.19 billion at June 30, 2026 from $2.09 billion at December 31, 2025. Short-term investments increased to $1.23 billion from $677.1 million, while longer-term investments…
• Market Demand TrendsImportance 59 · Surprise 48
  Monster Energy Drinks segment net sales increased 21.6% year over year to $2.36 billion, with foreign-currency-adjusted growth of 19.3%. Energy drink case sales rose 22.3% to 304.9 million 192-ounce case equivalents…
• Revenue Performance and MixImportance 52 · Surprise 30
  Second-quarter net sales increased 20.2% year over year to $2.54 billion from $2.11 billion, including a favorable $48.5 million foreign-currency impact and 17.9% growth on a currency-adjusted basis. Monster Energy…
• Gross Margin DriversImportance 52 · Surprise 30
  Second-quarter gross margin increased to 55.9% from 55.7% year over year, with gross profit rising 20.7% to $1.42 billion. Pricing actions and product sales mix supported the margin improvement. Higher aluminum can…
• Operating Expense TrendsImportance 52 · Surprise 30
  Second-quarter operating expenses increased 24.7% to $679.2 million from $544.8 million, reaching 26.8% of sales versus 25.8% previously. Distribution expenses rose to $118.8 million, or 4.7% of sales, from $82.0…
• Operating Income and MarginsImportance 47 · Surprise 22
  Second-quarter operating income increased 17.2% to $740.4 million from $631.6 million. Operating margin declined to 29.2% from 29.9% because operating expenses grew faster than revenue despite the modest gross-margin…
• Net Income and EPS PerformanceImportance 47 · Surprise 22
  Second-quarter net income increased 19.6% to $584.5 million from $488.8 million. Diluted earnings per share increased 19.0% to $0.59 from $0.50, while adjusted diluted EPS increased 15.2% to $0.60 from $0.52. Six-month…
• Income Tax Rate ChangesImportance 41 · Surprise 22
  The second-quarter effective tax rate decreased to 23.9% from 24.4% in the prior-year quarter. Second-quarter income tax provision increased to $183.7 million from $157.9 million as pretax income increased to $768.3…
• Product Launch And InnovationImportance 31 · Surprise 42
  Monster said its 2026 marketing strategy supports both existing product offerings and new product launches. The company’s portfolio includes Monster Energy, Monster Energy Ultra, Juice Monster, Punch Monster, Java…
• Guidance / OutlookImportance 31 · Surprise 42
  Management said its 2026 marketing strategy includes increased investments across social, digital and media platforms and partnerships. The investments are intended to support existing products, new product launches…
• Capital Return ProgramImportance 28 · Surprise 42
  Monster Beverage repurchased no common shares during the 2026 second quarter. Approximately $900.0 million remained available under previously authorized repurchase programs as of August 5, 2026. The Board approved a…
• FX / Currency ImpactImportance 15 · Surprise 6
  Net changes in foreign currency exchange rates favorably affected second-quarter 2026 net sales by $48.5 million, including approximately $45.3 million for the Monster Energy® Drinks segment and $3.3 million for the…

News · 2026-08-06

• International Market GrowthImportance 64 · Surprise 56
  Monster Beverage’s second-quarter sales growth was driven primarily by customers outside the United States. International net sales increased 34.6% year over year to $1.16 billion and represented approximately 46% of…
• Revenue Performance and MixImportance 59 · Surprise 48
  Monster Beverage reported Q2 2026 net sales of $2.54 billion, up 20.2% year over year and above the $2.43 billion consensus estimate. International net sales increased 34.6% to $1.16 billion, representing 46% of total…
• Two-for-One Stock SplitImportance 25 · Surprise 60
  Monster Beverage announced a two-for-one stock split structured as a stock dividend. The split was scheduled to take effect on August 10, 2026. The action doubles the number of shares held by investors without changing…

News · 2026-08-05

• Revenue Performance and MixImportance 59 · Surprise 48
  Monster Beverage reported Q2 2026 net sales of $2.54 billion, up 20.2% year over year and above the $2.43 billion consensus estimate. International net sales increased 34.6% to $1.16 billion, representing 46% of total…
• Gross Margin DriversImportance 23 · Surprise 24
  Monster Beverage reported a gross profit margin of 55.5% over the past year. Q2 2026 margin performance improved despite higher aluminum, freight, and marketing costs. Easing commodity pressures and anticipated…