MNST · 10-Q · 2026Q3 · Full report
Revenue Performance and Mix
Monster Beverage Corp · 2026-11-06 · Importance 59 · Surprise 48 · In source text
Net sales increased 16.7% to $2.563 billion in the three months ended September 30, 2026, and rose 20.9% to $7.454 billion in the nine months ended September 30, 2026, versus the corresponding 2025 periods. Monster Energy® Drinks generated $2.37 billion of quarterly sales, up 17.1%, and $6.92 billion of nine-month sales, up 21.8%; Strategic Brands sales rose 19.8% quarterly to $156.4 million and 19.0% for nine months to $426.8 million. Alcohol Brands sales declined 13.6% quarterly to $28.5 million and 11.6% for nine months to $93.4 million, primarily due to lower sales of The Beast™; Other segment sales fell 29.5% quarterly to $4.8 million and 19.3% for nine months to $15.5 million. Energy drink case sales grew 18.0% quarterly to 304.9 million and 22.7% for nine months to 884.3 million, while average net sales per case decreased to $8.30 from $8.35 quarterly and $8.31 from $8.38 for nine months.
Key facts
- Monster Beverage’s net sales were $7.45 billion for the nine months ended September 30, 2026, up 20.9% from $6.16 billion in 2025. source
- Monster Energy Drinks segment net sales were $6.92 billion for the nine months ended September 30, 2026, up 21.8% from $5.68 billion in 2025. source
- Monster Beverage’s net sales were $2.56 billion for the three months ended September 30, 2026, up 16.7% from $2.20 billion in the comparable 2025 period. source
- Monster Energy Drinks segment net sales were $2.37 billion for the three months ended September 30, 2026, up 17.1% from $2.03 billion in 2025. source
- Strategic Brands segment net sales were $156.4 million for the three months ended September 30, 2026, up 19.8% from $130.5 million in 2025, primarily due to increased Burn and Fury energy drink sales. source
- Strategic Brands segment net sales were $426.8 million for the nine months ended September 30, 2026, up 19.0% from $358.7 million, primarily due to increased Fury, Burn, and Predator energy drink sales. source
- Monster Beverage’s net sales mix was 92.6% Monster Energy Drinks, 6.1% Strategic Brands, 1.1% Alcohol Brands, and 0.2% Other for the three months ended September 30, 2026. source
- Monster Beverage’s net sales mix in the three months ended September 30, 2025 was 92.3% Monster Energy Drinks, 5.9% Strategic Brands, 1.5% Alcohol Brands, and 0.3% Other. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +50.3% | Monster Beverage’s net sales were $7.45 billion for the nine months ended September 30, 2026, up 20.9% from $6.16 billion in 2025. |
| revenue | positive | realized | +2.7% | Strategic Brands segment net sales were $426.8 million for the nine months ended September 30, 2026, up 19.0% from $358.7 million,… |
| revenue | positive | realized | +1.0% | Strategic Brands segment net sales were $156.4 million for the three months ended September 30, 2026, up 19.8% from $130.5 million in… |