MNST · 10-Q · 2026Q2 · Full report
Liquidity and Debt Position
Monster Beverage Corp · 2026-08-07 · Importance 42 · Surprise 6 · No source text
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 cash balance, while no investments were held by foreign subsidiaries. The $750.0 million term loan was repaid in April 2025, and no borrowings were outstanding under the credit facilities at June 30, 2026. The amended revolving facility provides $500.0 million of capacity through May 2029, with all covenants complied with and full availability reported as of August 5, 2026.
Key facts
- In May 2024 the Company entered into a credit agreement providing for senior unsecured credit facilities in an aggregate principal amount of $1.50 billion. source
- At June 30, 2026, we had $2.19 billion in cash and cash equivalents, $1.23 billion in short-term investments, and $781.3 million in long-term investments. source
- $912.8 million of the $2.19 billion cash and cash equivalents was held by our foreign subsidiaries at June 30, 2026. source
- The Credit Facilities previously consisted of a $750.0 million term loan and up to $750.0 million in multicurrency revolving loan commitments; the Term Loan was repaid in April 2025 with no additional borrowings permitted. source
- Pursuant to Amendment No. 1 dated October 17, 2025, the Company’s aggregate borrowing capacity under the Revolving Credit Facility has been reduced to $500.0 million. source
- Borrowings under the Revolving Credit Facility may be reborrowed prior to the maturity date, which is set to occur in May 2029. source
- As of August 5, 2026, the Revolving Credit Facility had remaining availability of $500.0 million. source
- Cash used in financing activities was $58.7 million for the six-months ended June 30, 2026, as compared to cash used in financing activities of $309.0 million for the six-months ended June 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +19.2% | At June 30, 2026, we had $2.19 billion in cash and cash equivalents, $1.23 billion in short-term investments, and $781.3 million in… |
| assets | positive | realized | +10.8% | At June 30, 2026, we had $2.19 billion in cash and cash equivalents, $1.23 billion in short-term investments, and $781.3 million in… |
| assets | positive | realized | +6.9% | At June 30, 2026, we had $2.19 billion in cash and cash equivalents, $1.23 billion in short-term investments, and $781.3 million in… |