MNST · 10-Q · 2026Q2 · Full report

Operating Cash Flow Trends

Monster Beverage Corp · 2026-08-07 · Importance 54 · Surprise 40 · In source text

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 lease expense, and $64.0 million of stock-based compensation. Working-capital sources included a $192.2 million increase in accounts payable, a $56.5 million increase in accrued promotional allowances and a $25.8 million increase in income taxes payable. These sources were partly offset by a $290.4 million increase in accounts receivable and a $73.8 million increase in inventories.

Key facts

• Net cash provided by operating activities was $1,114,201 thousand for the six-months ended June 30, 2026 and $973,616 thousand for the six-months ended June 30, 2025. source
• Cash provided by operating activities for the six-months ended June 30, 2026 was primarily attributable to net income of $1.15 billion and adjustments including $65.9 million of depreciation and amortization and non-cash lease expense and $64.0 million of stock-based compensation. source
• For the six-months ended June 30, 2026, cash provided by operating activities increased due to a $192.2 million increase in accounts payable, a $56.5 million increase in accrued promotional allowances, a $25.8 million increase in income taxes payable, and an $18.4 million increase in accrued liabilities. source
• For the six-months ended June 30, 2025, cash provided by operating activities was primarily attributable to net income earned of $931.8 million. source
• For the six-months ended June 30, 2026, cash used in operating activities was primarily attributable to a $290.4 million increase in accounts receivable, a $73.8 million increase in inventories, a $62.3 million increase in prepaid expenses and other assets, and a $27.1 million decrease in accrued compensation. source
• For the six-months ended June 30, 2025, cash used in operating activities was primarily attributable to a $222.2 million increase in accounts receivable. source
• For the six-months ended June 30, 2025, cash used in operating activities was attributable to a $63.7 million increase in prepaid expenses and other assets. source
• For the six-months ended June 30, 2025, cash provided by operating activities increased due to a $104.6 million decrease in inventories. source

Impact estimates