MNST · 10-Q · 2026Q3 · Full report

Customer Concentration

Monster Beverage Corp · 2026-11-06 · Importance 49 · Surprise 6

Monster sells non-alcohol beverages through full-service beverage bottlers and distributors as well as grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience and gas chains, drug stores, foodservice, value stores, e-commerce retailers and the military. Coca-Cola Europacific Partners accounted for approximately 17% of net sales in the third quarter of both 2026 and 2025, and 16% and 15% in the respective nine-month periods. Coca-Cola Consolidated accounted for approximately 9% of quarterly net sales in both years and 9% and 10% in the respective nine-month periods.

Key facts

• Coca-Cola Europacific Partners accounted for approximately 17% of Monster Beverage’s net sales in both the three-month periods ended September 30, 2026 and 2025, and 16% and 15% in the respective nine-month periods. source
• Coca-Cola Consolidated accounted for approximately 9% of Monster Beverage’s net sales in both three-month periods ended September 30, 2026 and 2025, and 9% and 10% in the respective nine-month periods. source
• A decision by any large customer to reduce purchases from Monster Beverage or stop carrying its products could materially adversely affect the Company’s financial condition and consolidated results of operations. source
• Monster Beverage Corp stated that its future performance substantially depends on the success of its extensive commercial arrangements with The Coca-Cola Company. source