MNST · 10-Q · 2026Q3 · Full report

International Market Growth

Monster Beverage Corp · 2026-11-06 · Importance 59 · Surprise 48

Sales to customers outside the United States increased 28.1%, or approximately $262.9 million, to $1.20 billion in the three months ended September 30, 2026, from $937.1 million in the prior-year quarter. International sales represented approximately 47% of net sales, up from 43% in the three months ended September 30, 2025. Excluding favorable foreign-exchange effects of approximately $8.1 million, international sales increased 27.2%; foreign exchange contributed approximately $145.9 million to total net sales in the nine months ended September 30, 2026.

Key facts

• Net sales to customers outside the United States were $1.20 billion in the three months ended September 30, 2026, up approximately $262.9 million, or 28.1%, from $937.1 million in 2025. source
• Sales outside the United States were approximately 47% of net sales in the three months ended September 30, 2026, compared with 43% in 2025. source
• Monster Beverage Corp identified expropriation, nationalization, government takeovers, foreign-ownership limits, and restrictions on repatriating or recovering assets or funds as risks to its or its bottlers’ and distributors’ operations. source