Monster Beverage | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 2.537 B

Revenue: As of FY2026 Q2, the actual value is USD 2.537 B, beating the estimate of USD 2.429 B.

EPS: As of FY2026 Q2, the actual value is USD 0.59, beating the estimate of USD 0.5793.

EBIT: As of FY2026 Q2, the actual value is USD 740.44 M.

2026 Second Quarter Financial Highlights (Three Months Ended June 30, 2026 vs. 2025)

Overall Performance

• Net income increased 19.6% to $584.5 million, from $488.8 million in the prior year.
• Non-GAAP adjusted net income increased 15.7% to $590.5 million, from $510.4 million in the prior year.

Segment Revenue

• Monster Energy® Drinks Segment: Net sales increased 21.6% to $2.36 billion, from $1.94 billion in the prior year.
• Strategic Brands Segment: Net sales increased 10.6% to $143.7 million, from $129.9 million in the prior year.
• Alcohol Brands Segment: Net sales decreased 15.2% to $32.2 million, from $38.0 million in the prior year.
• Other Segment: Net sales decreased 15.3% to $5.4 million, from $6.4 million in the prior year.
• Net sales to customers outside the United States increased 34.6% to $1.16 billion, from $864.2 million in the prior year, representing approximately 46% of total reported net sales.

Operational Metrics

• Gross Profit Margin: Gross profit as a percentage of net sales was 55.9%, compared with 55.7% in the prior year.
• Distribution Expenses: Were $118.8 million, or 4.7% of net sales, compared with $82.0 million, or 3.9% of net sales, in the prior year.
• Selling Expenses: Were $269.2 million, or 10.6% of net sales, compared with $196.9 million, or 9.3% of net sales, in the prior year.
• General and Administrative Expenses: Were $291.2 million, or 11.5% of net sales, compared with $265.9 million, or 12.6% of net sales, in the prior year.
• Stock-Based Compensation: Was $35.7 million, compared with $33.2 million in the prior year.
• Operating Expenses: Were $679.2 million, compared with $544.8 million in the prior year, and as a percentage of net sales were 26.8%, compared with 25.8% in the prior year.
• Operating Income: Increased 17.2% to $740.4 million, from $631.6 million in the prior year.
• Effective Tax Rate: Was 23.9%, compared with 24.4% in the prior year.

Unique Metrics

• Energy Drink Case Sales: Reached 304,944 thousand cases (in 192-ounce case equivalents), compared to 249,336 thousand cases in the prior year.
• Average Net Sales Per Case: Was $8.20, compared to $8.29 in the prior year.

2026 Six-Months Results (Six Months Ended June 30, 2026 vs. 2025)

Overall Performance

• Net income increased 23.9% to $1.15 billion, from $931.8 million in the comparable period last year.

Operational Metrics

• Gross Profit Margin: Gross profit as a percentage of net sales was 55.5%, compared with 56.1% in the comparable period last year.
• Operating Expenses: Were $1.24 billion, compared with $1.02 billion in the comparable period last year.
• Operating Income: Increased to $1.47 billion, from $1.20 billion in the comparable period last year.
• Effective Tax Rate: Was 24.0%, compared with 23.9% in the comparable period last year.

Unique Metrics

• Energy Drink Case Sales: Reached 579,404 thousand cases (in 192-ounce case equivalents), compared to 462,436 thousand cases in the comparable period last year.
• Average Net Sales Per Case: Was $8.31, compared to $8.39 in the comparable period last year.

Outlook / Guidance

Monster Beverage Corporation’s CEO, Hilton H. Schlosberg, stated that the 2026 marketing strategy includes increased marketing investments across new platforms and partnerships. The company aims to support existing products, new launches, and reach a broader consumer base. A focus on the growth of core offerings and continuous product innovation remains central to its long-term growth strategy.

Share Repurchase Program

Approximately $900.0 million remained available for repurchase under previously authorized programs as of August 5, 2026.

Stock Split

The Board of Directors approved a two-for-one stock split of common stock, to be effected as a 100% stock dividend distributed after market close on August 10, 2026.