MNST · 10-Q · 2026Q2 · Full report
Operating Income and Margins
Monster Beverage Corp · 2026-08-07 · Importance 54 · Surprise 40 · No source text
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 billion, with margin decreasing to 30.1% from 30.3%. Monster Energy® Drinks segment operating income rose 19.9% to $1.72 billion for the six-month period, while Strategic Brands operating income increased 8.7% to $130.2 million. Alcohol Brands reduced its six-month operating loss by 53.0% to $17.0 million due to lower general and administrative expenses.
Key facts
- Operating income was $1,470,401 thousand for the six-months ended June 30, 2026, an increase of 22.4% from $1,201,367 thousand for the six-months ended June 30, 2025. source
- Net income was $1,154,025 thousand for the six-months ended June 30, 2026, an increase of $222,238 thousand, or 23.9% higher than net income of $931,787 thousand for the six-months ended June 30, 2025. source
- Operating income was $740,442 thousand for the three-months ended June 30, 2026, a 17.2% increase from $631,622 thousand for the three-months ended June 30, 2025. source
- Operating income for the Monster Energy® Drinks segment, exclusive of corporate and unallocated expenses, was $875.7 million for the three-months ended June 30, 2026, an increase of 15.6% from $757.5 million for the three-months ended June 30, 2025. source
- Net income was $584,540 thousand for the three-months ended June 30, 2026, a 19.6% increase from $488,794 thousand for the three-months ended June 30, 2025. source
- Operating income for the Monster Energy® Drinks segment, exclusive of corporate and unallocated expenses, was $1.72 billion for the six-months ended June 30, 2026, an increase of approximately $286.7 million, or 19.9% higher than $1.44 billion for the six-months ended June 30, 2025. source
- Operating income for the Strategic Brands segment, exclusive of corporate and unallocated expenses, was $66.3 million for the three-months ended June 30, 2026, a decrease of 2.2% from $67.9 million for the three-months ended June 30, 2025. source
- Operating loss for the Alcohol Brands segment, exclusive of corporate and unallocated expenses, was $7.3 million for the three-months ended June 30, 2026, a 49.9% decrease from the operating loss of $14.6 million for the three-months ended June 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +11.3% | Operating income for the Monster Energy® Drinks segment, exclusive of corporate and unallocated expenses, was $1.72 billion for the… |
| operating_income | positive | realized | +10.6% | Operating income was $1,470,401 thousand for the six-months ended June 30, 2026, an increase of 22.4% from $1,201,367 thousand for the… |
| net_income | positive | realized | +8.8% | Net income was $1,154,025 thousand for the six-months ended June 30, 2026, an increase of $222,238 thousand, or 23.9% higher than net… |
| operating_income | positive | realized | +4.7% | Operating income for the Monster Energy® Drinks segment, exclusive of corporate and unallocated expenses, was $875.7 million for the… |
| operating_income | positive | realized | +4.3% | Operating income was $740,442 thousand for the three-months ended June 30, 2026, a 17.2% increase from $631,622 thousand for the… |
| net_income | positive | realized | +3.8% | Net income was $584,540 thousand for the three-months ended June 30, 2026, a 19.6% increase from $488,794 thousand for the three-months… |