MNST · 10-Q · 2026Q3

Monster Beverage Corp

Filed 2026-11-06 · Consumer · View original filing on EDGAR

Everything MNST's SEC filings said, ranked

Ranked Events

• Operating Expense TrendsImportance 61 · Surprise 66
  Operating expenses increased 24.2% to $682.0 million in the three months ended September 30, 2026, exceeding 16.7% sales growth; expenses rose to 26.6% of sales from 25.0%. Quarterly increases included $53.7 million in…
• Energy Drink Demand TrendsImportance 59 · Surprise 48
  Worldwide consumer demand for Monster Energy® brand drinks drove growth in the Monster Energy® Drinks segment. Energy drink case sales rose 18.0% to 304.9 million 192-ounce case equivalents in the third quarter and…
• International Market GrowthImportance 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…
• Revenue Performance and MixImportance 59 · Surprise 48
  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…
• Investing ActivitiesImportance 58 · Surprise 46
  Cash used in investing activities rose to $1.43 billion for the nine months ended September 30, 2026, from $719.2 million in the comparable 2025 period, an increase of approximately 99%. Purchases of available-for-sale…
• Purchase Commitments and ObligationsImportance 56 · Surprise 24
  As of September 30, 2026, total listed contractual obligations were $1,014.1 million, including $738.0 million of contractual obligations, $86.0 million of operating leases, $4.1 million of finance leases and $186.0…
• Customer ConcentrationImportance 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…
• Operating Cash Flow TrendsImportance 49 · Surprise 32
  Cash provided by operating activities was $1.67 billion for the nine months ended September 30, 2026, compared with $1.72 billion in the same 2025 period, a decrease of approximately 2.9%. 2026 cash generation included…
• Operating Income and MarginsImportance 49 · Surprise 32
  Operating income increased 6.4% to $718.7 million in the third quarter of 2026, while operating margin contracted to 28.0% from 30.7%. Nine-month operating income rose 16.6% to $2.189 billion, with margin down to 29.4%…
• FX / Currency ImpactImportance 48 · Surprise 40
  For the nine months ended September 30, 2026, foreign currency exchange-rate changes favorably affected consolidated net sales by approximately $145.9 million; sales grew 18.6% on a foreign-currency-adjusted basis. The…
• Capital Return ProgramImportance 45 · Surprise 64
  Cash used in financing activities was $146.9 million for the nine months ended September 30, 2026, compared with $312.6 million for the same period in 2025, a decrease of approximately 53%. The company said 2026…
• Net Income and EPS PerformanceImportance 42 · Surprise 14
  Third-quarter net income increased 8.4% to $568.4 million, while net income as a percentage of sales declined to 22.2% from 23.9%. Basic and diluted earnings per share were each $0.29, up 8.1% and 7.8%, respectively,…
• Interest and Other IncomeImportance 40 · Surprise 46
  Interest and other income, net, increased 145.2% to $34.8 million in the three months ended September 30, 2026, from $14.2 million a year earlier. Interest income rose to $41.3 million from $24.2 million, while…
• Liquidity and Cash PositionImportance 37 · Surprise 6
  At September 30, 2026, the Company held $2.15 billion in cash and cash equivalents, $1.56 billion in short-term investments, and $927.0 million in long-term investments. Foreign subsidiaries held $1.06 billion of cash,…
• Gross Margin DriversImportance 36 · Surprise 40
  Gross profit increased 14.4% to $1.401 billion in the three months ended September 30, 2026, while gross margin declined to 54.7% from 55.7%. For the nine months, gross profit rose 19.3% to $4.114 billion, while gross…
• Product Launch and TransitionImportance 31 · Surprise 42
  Monster expanded its beverage portfolio and distribution markets in multiple countries during the third quarter of 2026. New products sold to customers included FLRT™ Apple Bottoms Up™, Java Monster® Dubai Chocolate,…
• Income Tax Rate ChangesImportance 23 · Surprise 22
  The effective combined federal, state and foreign tax rate increased to 24.6% from 23.9% in the third quarter of 2026, and the tax provision rose $20.0 million to $185.1 million. The rate increase primarily reflected a…
• Alcohol Brands Demand TrendsImportance 21 · Surprise 40
  Alcohol Brands segment net sales decreased 13.6% to $28.5 million in the third quarter and 11.6% to $93.4 million in the first nine months of 2026. The declines were primarily driven by lower sales of The Beast™…
• Pricing ActionsImportance 20 · Surprise 24
  Monster implemented price increases in the fourth quarter of 2025 for core brands and packages in the United States, and at various times in certain international markets during 2025 and 2026. Management said these…
• Capital Expenditure PlansImportance 16 · Surprise 6
  Monster expects to use a portion of cash in excess of operating requirements for short- and long-term investments, leasehold improvements, and capital equipment. Planned equipment includes vans, trucks, promotional…

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