MNST · 10-Q · 2026Q2 · Full report

Income Tax Rate Changes

Monster Beverage Corp · 2026-08-07 · Importance 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 points. For the six-month period, the tax provision increased 24.4% to $364.4 million. The six-month effective tax rate increased slightly to 24.0% from 23.9%.

Key facts

• Provision for income taxes was $183,729 thousand for the three-months ended June 30, 2026, an increase of $25,836 thousand from $157,893 thousand for the three-months ended June 30, 2025. source
• Provision for income taxes was $364,373 thousand for the six-months ended June 30, 2026, an increase of $71,456 thousand from $292,917 thousand for the six-months ended June 30, 2025. source
• The effective combined federal, state and foreign tax rate decreased to 23.9% from 24.4% for the three-months ended June 30, 2026 and 2025, respectively. source
• The effective combined federal, state and foreign tax rate increased to 24.0% from 23.9% for the six-months ended June 30, 2026 and 2025, respectively. source