MNST · 10-Q · 2026Q2 · Full report
Geographic Revenue Shift
Monster Beverage Corp · 2026-08-07 · Importance 70 · Surprise 56 · From source text
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 46% of total net sales, compared with 41% in the prior-year quarter. On a foreign-currency-adjusted basis, international sales increased 29.0%, while the Monster Energy® Drinks segment’s adjusted sales increased 19.3%. International growth contributed to the company’s strategy of reducing the seasonal impact associated with traditional beverage demand.
Key facts
- Net sales to customers outside the United States were $1.16 billion for the three-months ended June 30, 2026, an increase of approximately $298.9 million, or 34.6% higher than net sales to customers outside of the United States of $864.2 million for the three-months ended June 30, 2025. source
- Operating income was $247.5 million for international operations (exclusive of Canada) for the three-months ended June 30, 2026, compared to $164.1 million for the three-months ended June 30, 2025. source
- Operating income was $481.3 million for international operations (exclusive of Canada) for the six-months ended June 30, 2026, compared to $306.7 million for the six-months ended June 30, 2025. source
- Our Monster Energy® Drinks segment represented 92.8% of our net sales for the three-months ended June 30, 2026. source
- Sales to customers outside the United States were approximately 46% of net sales for the three-months ended June 30, 2026 and 41% for the three-months ended June 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +11.8% | Net sales to customers outside the United States were $1.16 billion for the three-months ended June 30, 2026, an increase of approximately… |
| operating_income | positive | realized | +6.9% | Operating income was $481.3 million for international operations (exclusive of Canada) for the six-months ended June 30, 2026, compared to… |
| operating_income | positive | realized | +3.3% | Operating income was $247.5 million for international operations (exclusive of Canada) for the three-months ended June 30, 2026, compared… |