MNST Filing
8-KFiling Date: Aug 6, 2026
Monster Beverage Corp (MNST) · Material Event (8-K) SEC Filing
Earnings Release, Reg FD Disclosure, Financial Statements
descriptionView SEC Filing
ACC: 0001104659-26-092046open_in_new
Event Type
Earnings ReleaseReg FD DisclosureFinancial Statements
hourglass_top
Event Description
Describing this filing...errorInterpretation failed
hourglass_emptyPending
descriptionEvent Description
Item 2.02. Earnings Release expand_more
Event Description
Item 2.02. Earnings Releasehourglass_top
Event Description
Describing this filing...errorInterpretation failed
hourglass_emptyPending
descriptionEvent Description
Item 7.01. Reg FD Disclosure expand_more
Event Description
Item 7.01. Reg FD Disclosureattach_file附件展品(2)
EX-99.1tm2622396d1_ex99-1.htm26,754 charsexpand_more
EX-99.1
2
tm2622396d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Investor Relations
Strategic Public Relations
PondelWilkinson Inc.
2945 Townsgate Road, Suite 200
Westlake Village, CA 91361
T (310)
279 5980
W www.pondel.com
CONTACTS:
NEWS
RELEASE
Mark Astrachan
SVP, Investor Relations &
Corporate Development
(951) 739-6200
Roger S. Pondel / Judy Lin
PondelWilkinson Inc.
(310) 279-5980
MONSTER BEVERAGE REPORTS 2026 SECOND QUARTER
FINANCIAL RESULTS
2026 Second Quarter Highlights
· Net Sales rise 20.2 percent to $2.54 billion
· Net Income increases 19.6 percent to $584.5 million (15.7 percent to
$590.5 million on a non-GAAP adjusted basis)1
· Net Income Per Diluted Share increases 19.0 percent to $0.59 per share
(15.2 percent to $0.60 per share on a non-GAAP adjusted basis)
1The tables at the end of this press release provide
a reconciliation of non-GAAP financial measures to the Company’s results, as reported under GAAP. (See “Reconciliation of
GAAP and Non-GAAP Information” below).
Corona, CA – August 6, 2026 –
Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three- and six-months ended June 30, 2026.
Net sales for the 2026 second quarter increased
20.2 percent to $2.54 billion, from $2.11 billion in the same period last year. Net changes in foreign currency exchange rates had a favorable
impact on net sales for the 2026 second quarter of $48.5 million. Net sales on a foreign currency adjusted basis (non-GAAP) increased
17.9 percent in the 2026 second quarter.
Net sales, excluding the Alcohol Brands segment
(non-GAAP), increased 20.8 percent in the 2026 second quarter. Net sales, excluding the Alcohol Brands segment, on a foreign currency
adjusted basis (non-GAAP), increased 18.5 percent in the 2026 second quarter.
Net sales for the Company’s Monster Energy®
Drinks segment, which primarily includes the Company’s Monster Energy® drinks, Reign Total Body Fuel® high performance energy
drinks, Bang Energy® drinks, StormTM and Reign Storm® total wellness energy drinks and FLRTTM total wellness
energy drinks, increased 21.6 percent to $2.36 billion for the 2026 second quarter, from $1.94 billion for the 2025 second quarter. Net
changes in foreign currency exchange rates had a favorable impact on net sales for the Monster Energy® Drinks segment of approximately
$45.3 million for the 2026 second quarter. Net sales on a foreign currency adjusted basis (non-GAAP) for the Monster Energy® Drinks
segment increased 19.3 percent in the 2026 second quarter.
(more)
Monster Beverage Corporation
2-2-2
Net sales for the Company’s Strategic
Brands segment, which primarily includes the various energy drink brands acquired from The Coca-Cola Company, as well as the
Company’s affordable energy brands, Predator® and Fury®, increased 10.6 percent to $143.7 million for the 2026 second
quarter, from $129.9 million in the 2025 second quarter. Net changes in foreign currency exchange rates had a favorable impact on
net sales for the Strategic Brands segment of approximately $3.3 million for the 2026 second quarter. Net sales on a foreign
currency adjusted basis (non-GAAP) for the Strategic Brands segment increased 8.1 percent in the 2026 second quarter.
Net sales for the Alcohol Brands segment, which
is comprised of various craft beers, flavored malt beverages and hard seltzers, decreased 15.2 percent to $32.2 million for the 2026 second
quarter, from $38.0 million in the 2025 second quarter.
Net sales for the Company’s Other segment,
which primarily includes certain products of American Fruits and Flavors, LLC, a wholly owned subsidiary of the Company, sold to independent
third-party customers, decreased 15.3 percent to $5.4 million for the 2026 second quarter, from $6.4 million in the 2025 second quarter.
Net sales to customers outside the United States
increased 34.6 percent to $1.16 billion in the 2026 second quarter, from $864.2 million in the 2025 second quarter, representing approximately
46 percent and 41 percent of total reported net sales for the 2026 and 2025 second quarters, respectively. Net sales to customers outside
the United States, on a foreign currency adjusted basis (non-GAAP), increased 29.0 percent to $1.11 billion in the 2026 second quarter.
Gross profit as a percentage of net sales for the
2026 second quarter was 55.9 percent, compared with 55.7 percent in the 2025 second quarter. The increase in gross profit as a percentage
of net sales for the 2026 second quarter was primarily the result of pricing actions and product sales mix, partially offset by increased
aluminum can costs, geographical sales mix and increased freight-in costs. Adjusted gross profit (non-GAAP)
as a percentage of net sales, excluding the Alcohol Brands segment, for the 2026 second quarter was 56.3 percent, compared with 56.2 percent
in the 2025 second quarter.
Distribution expenses for the 2026 second quarter
were $118.8 million, or 4.7 percent of net sales, compared with $82.0 million, or 3.9 percent of net sales, in the 2025 second quarter.
Selling expenses for the 2026 second quarter were
$269.2 million, or 10.6 percent of net sales, compared with $196.9 million, or 9.3 percent of net sales, in the 2025 second quarter. The
increase in selling expenses for the 2026 second quarter was primarily due to increased social, digital, media and other marketing expenses,
including sponsorships and endorsements, in order to reach a broader consumer audience and increase household penetration.
General and administrative expenses for the 2026
second quarter were $291.2 million, or 11.5 percent of net sales, compared with $265.9 million, or 12.6 percent of net sales, for the
2025 second quarter. Stock-based compensation was $35.7 million for the 2026 second quarter, compared with $33.2 million in the 2025 second
quarter.
Operating expenses for the 2026 second quarter
were $679.2 million, compared with $544.8 million in the 2025 second quarter. Adjusted operating expenses (non-GAAP) for the 2026 second
quarter were $662.7 million, compared with $505.6 million in the 2025 second quarter. Operating expenses as a percentage of net sales
for the 2026 second quarter were 26.8 percent, compared with 25.8 percent in the 2025 second quarter. Adjusted operating expenses (non-GAAP)
as a percentage of net sales, less the Alcohol Brands segment, were 26.5 percent and 24.4 percent for the 2026 and 2025 second quarters,
respectively.
(more)
Monster Beverage Corporation
3-3-3
Operating income for the 2026 second quarter increased
17.2 percent to $740.4 million, from $631.6 million in the 2025 second quarter. Adjusted operating income (non-GAAP) for the 2026 second
quarter increased 13.3 percent to $748.1 million, from $660.1 million in the 2025 second quarter.
The effective tax rate for the 2026 second quarter
was 23.9 percent, compared with 24.4 percent in the 2025 second quarter.
Net income for the 2026 second quarter increased
19.6 percent to $584.5 million, from $488.8 million in the 2025 second quarter. Adjusted net income (non-GAAP) for the 2026 second quarter
increased 15.7 percent to $590.5 million, from $510.4 million in the 2025 second quarter. Net income per diluted share for the 2026 second
quarter increased 19.0 percent to $0.59, from $0.50 in the 2025 second quarter. Adjusted net income per diluted share (non-GAAP) for the
2026 second quarter increased 15.2 percent to $0.60, from $0.52 in the second quarter of 2025.
Hilton H. Schlosberg, Chief Executive Officer,
said, “We delivered a strong 2026 second quarter, with net sales increasing 20.2 percent and net income per diluted share increasing
19.0 percent.
“Our international operations continued their
meaningful contribution to revenue growth, with net sales to customers outside the United States increasing 34.6 percent in the 2026 second
quarter to approximately 46 percent of total net sales.
“The energy drink category continues to attract
new consumers, expand usage occasions and increase household penetration. Our 2026 marketing strategy includes increased marketing investments
across a variety of new platforms and partnerships, including social, digital and media, to support both existing product offerings and
new product launches, as well as reach a broadening consumer base for the Company.
“We remain focused on the growth of our existing
core offerings as well as the continued introduction of product innovations, which remain central to our long-term growth strategy,”
Mr. Schlosberg added.
2026 Six-Months Results
Net sales for the six-months ended June 30,
2026 increased 23.3 percent to $4.89 billion, from $3.97 billion in the comparable period last year. Net changes in foreign currency exchange
rates had a favorable impact of $137.8 million on net sales for the six-months ended June 30, 2026. Net sales on a foreign currency
adjusted basis (non-GAAP) increased 19.8 percent in the six-months ended June 30, 2026. Net sales, excluding the Alcohol Brands segment,
on a foreign currency adjusted basis (non-GAAP), increased 20.4 percent in the six-months ended June 30, 2026.
Gross profit as a percentage of net sales for the
six-months ended June 30, 2026 was 55.5 percent, compared with 56.1 percent in the comparable period last year.
Operating expenses for the six-months ended June 30,
2026 were $1.24 billion, compared with $1.02 billion in the comparable period last year.
Operating income for the six-months ended June 30,
2026 increased to $1.47 billion, from $1.20 billion in the comparable period last year.
The effective tax rate for the six-months ended
June 30, 2026 was 24.0 percent, compared with 23.9 percent in the comparable period last year.
Net income for the six-months ended June 30,
2026 increased 23.9 percent to $1.15 billion, from $931.8 million in the comparable period last year. Net income per diluted share
for the six-months ended June 30, 2026 was $1.17, compared with $0.95 in the comparable period last year.
(more)
Monster Beverage Corporation
4-4-4
Share Repurchase Program
During the 2026 second quarter, no shares of the
Company’s common stock were repurchased. As of August 5, 2026, approximately $900.0 million remained available for repurchase
under the previously authorized repurchase programs.
Stock Split
As previously announced, the Company’s Board
of Directors approved and declared a two-for-one stock split of its common stock to be effected in the form of a 100% stock dividend.
The stock dividend will be distributed after close of trading on August 10, 2026. The Company anticipates its common stock to begin
trading at the split-adjusted price on August 11, 2026.
Investor Conference Call
The Company will host an investor conference call
today, August 6, 2026, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The conference call will be open to all interested
investors through a live audio web broadcast via the internet at www.monsterbevcorp.com in the “Events & Presentations”
section. For those who are not able to listen to the live broadcast, the call will be archived for approximately one year on the website.
Monster Beverage Corporation
Based in Corona, California, Monster Beverage
Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company’s
subsidiaries develop and market energy drinks, including Monster Energy® drinks, Monster Energy Ultra® energy drinks, Juice Monster®
and Punch Monster® Energy + Juice energy drinks, Java Monster® and Monster Killer Brew® non-carbonated coffee + energy drinks,
Rehab® Monster® non-carbonated energy drinks, Monster Energy® Nitro energy drinks, Reign Total Body Fuel® high performance
energy drinks, StormTM and Reign Storm® total wellness energy drinks, NOS® energy drinks, Full Throttle® energy
drinks, Bang Energy® drinks, FLRT™ total wellness energy drinks, BPM® energy drinks, BU® energy drinks, Burn® energy
drinks, Live+® energy drinks, Mother® energy drinks, Nalu® energy drinks, Play® and Power Play® (stylized) energy
drinks, Relentless® energy drinks, Samurai® energy drinks, Ultra Energy® drinks, Predator® energy drinks and Fury®
energy drinks. The Company’s subsidiaries also develop and market craft beers, flavored malt beverages and hard seltzers under
a number of brands, including Jai Alai® IPA, Dale’s Pale Ale®, Dallas Blonde®, Wild Basin® hard seltzers, The BeastTM,
Blind Lemon® and Blinder Lemon™. For more information visit www.monsterbevcorp.com.
(more)
Monster Beverage Corporation
5-5-5
Caution Concerning Forward-Looking Statements
Certain statements made in this announcement
may constitute “forward-looking statements” within the meaning of the U.S. federal securities laws, as amended, regarding
the expectations of management with respect to our future operating results and other future events including revenues and profitability.
The Company cautions that these statements are based on management’s current knowledge and expectations and are subject to certain
risks and uncertainties, many of which are outside of the control of the Company, that could cause actual results and events to differ
materially from the statements made herein. Such risks and uncertainties include, but are not limited to, the following: the timing and
completion of the stock split; our ability to sustain and/or surpass the current level of sales of our products, to adapt to changing
consumer preferences, and to effectively respond to competitive products and pricing pressures; our ability to implement our growth strategy,
including expanding our business in existing and new sectors and achieving profitability within our Alcohol Brands segment; our ability
to adapt to the changing retail landscape with the rapid growth in e-commerce retailers and e-commerce websites; our ability to absorb,
reduce or pass on to our bottlers/distributors increases in costs and expenses, including, but not limited to, increases to the cost of
aluminum and other raw materials, the Midwest Premium, and freight costs; the impact of the current U.S. presidential administration’s
policies on our energy drinks due to concerns about sugar-sweetened beverages, particular ingredients, such as food dyes, and the “generally
recognized as safe” (GRAS) process; the impact of proposed or adopted domestic and/or foreign legislation to limit or restrict the
sale of energy drinks (including the prohibition of the sale of energy drinks to certain demographics, at certain establishments, in certain
container sizes or pursuant to certain governmental programs, such as the Supplemental Nutrition Assistance Program (SNAP)); the impact
of changes in U.S. trade policies, including the imposition of additional tariffs; the impact of adverse changes in our costs, supply
chain, inflation or consumer demand for our products; the imposition of new and/or increased excise sales and/or other taxes on our products;
our extensive commercial arrangements with The Coca-Cola Company (TCCC) and, as a result, our future performance’s substantial dependence
on the success of our relationship with TCCC; the effects of unilateral decisions by bottlers/distributors and/or retailers on our business,
including their distribution and placement of our products, their consolidation, their discontinuation, or restriction of the range of,
all or any of our products that they carry, their limitations on the sale or sizes of our products, and/or their allocation of less resources
to the sale of our products; changes in the price and/or availability of raw materials and other supply chain issues, such as the availability
of products, suitable production facilities and/or co-packing arrangements; possible recalls of our products and/or the consequences and
costs of defective production; disruption to our manufacturing facilities and operations related to climate, labor, production difficulties,
capacity limitations, regulations or other causes; disruption to and/or lack of effectiveness of our information technology systems, including
internal and external cybersecurity threats and breaches; adverse publicity surrounding obesity, alcohol consumption and other health
concerns related to our products, product safety and quality; liabilities resulting from legal or regulatory proceedings, government investigations,
and/or injunctions; the inherent operational risks, including the abuse or misuse of our products presented by the alcoholic beverage
industry and/or related claims that may not be adequately covered by insurance or may lead to litigation; the current uncertainty and
volatility in the national and global economy and changes in demand due to such economic conditions, including a slowdown in consumer
spending generally; and the impact of military and geopolitical conflicts, including supply chain disruptions, volatility in commodity
prices, increased economic uncertainty and escalating geopolitical tensions. For a more detailed discussion of these and other risks that
could affect our operating results, see the Company’s reports filed with the Securities and Exchange Commission, including our annual
report on Form 10-K for the year ended December 31, 2025 and our subsequently filed quarterly report. The Company’s actual
results could differ materially from those contained in the forward-looking statements. The Company assumes no obligation to update any
forward-looking statements, whether as a result of new information, future events or otherwise.
# # #
(tables below)
MONSTER BEVERAGE CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND OTHER INFORMATION
FOR THE THREE- AND SIX-MONTHS ENDED JUNE 30, 2026 AND 2025
(In Thousands, Except Per Share Amounts) (Unaudited)
Three-Months Ended
Six-Months Ended
June 30,
June 30,
2026
2025
2026
2025
Net
sales1
$ 2,537,473
$ 2,111,593
$ 4,890,764
$ 3,966,150
Cost of sales
1,117,839
935,180
2,177,781
1,741,775
Gross profit1
1,419,634
1,176,413
2,712,983
2,224,375
Gross profit as a percentage of net sales
55.9 %
55.7 %
55.5 %
56.1 %
Operating expenses
679,192
544,791
1,242,582
1,023,008
Operating expenses as a percentage of net sales
26.8 %
25.8 %
25.4 %
25.8 %
Operating income1
740,442
631,622
1,470,401
1,201,367
Operating income as a percentage of net sales
29.2 %
29.9 %
30.1 %
30.3 %
Interest and other income, net
27,827
15,065
47,997
23,337
Income before
provision for income taxes1
768,269
646,687
1,518,398
1,224,704
Provision for income taxes
183,729
157,893
364,373
292,917
Income taxes as a percentage of income before taxes
23.9 %
24.4 %
24.0 %
23.9 %
Net income
$ 584,540
$ 488,794
$ 1,154,025
$ 931,787
Net income as a percentage of net sales
23.0 %
23.1 %
23.6 %
23.5 %
Net income per common share:
Basic
$ 0.60
$ 0.50
$ 1.18
$ 0.96
Diluted
$ 0.59
$ 0.50
$ 1.17
$ 0.95
Weighted average number of shares of common stock and common stock equivalents:
Basic
978,662
975,749
978,487
974,691
Diluted
988,479
983,997
988,456
982,748
Energy drink case sales (in thousands) (in 192-ounce case equivalents)
304,944
249,336
579,404
462,436
Average net sales per case2
$ 8.20
$ 8.29
$ 8.31
$ 8.39
1Includes
$10.0 million for both the three-months ended June 30, 2026 and 2025, related to the recognition of deferred revenue. Includes $19.9
million for both the six-months ended June 30, 2026 and 2025, related to the recognition of deferred revenue.
2Excludes Alcohol Brands segment
and Other segment net sales.
MONSTER BEVERAGE CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
AS OF JUNE 30, 2026 AND DECEMBER 31, 2025
(In Thousands, Except Par Value)
(Unaudited)
June 30, 2026
December 31, 2025
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
$ 2,192,424
$ 2,088,117
Short-term investments
1,226,832
677,084
Accounts receivable, net
1,902,421
1,618,072
Inventories
867,674
799,623
Prepaid expenses and other current assets
148,691
103,551
Prepaid income taxes
67,034
74,637
Total current assets
6,405,076
5,361,084
INVESTMENTS
781,314
487,329
PROPERTY AND EQUIPMENT, net
1,095,810
1,081,544
DEFERRED INCOME TAXES, net
189,427
188,646
GOODWILL
1,331,643
1,331,643
OTHER INTANGIBLE ASSETS, net
1,381,827
1,379,268
OTHER ASSETS
197,194
159,431
Total Assets
$ 11,382,291
$ 9,988,945
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable
$ 753,751
$ 565,974
Accrued liabilities
335,527
306,085
Accrued promotional allowances
434,012
384,070
Deferred revenue
47,695
45,323
Accrued compensation
88,194
114,023
Income taxes payable
58,315
32,305
Total current liabilities
1,717,494
1,447,780
DEFERRED REVENUE
151,344
159,991
OTHER LIABILITIES
149,305
127,066
STOCKHOLDERS’ EQUITY:
Common stock - $0.005 par value;
5,000,000 shares authorized;
1,136,078 shares issued and 979,490 shares outstanding as of June 30, 2026; 1,132,906 shares issued
and 978,113 shares outstanding as of December 31, 2025
5,680
5,665
Additional paid-in capital
5,572,830
5,430,847
Retained earnings
10,508,241
9,354,216
Accumulated other comprehensive loss
(112,846 )
(60,841 )
Common stock in treasury, at cost; 156,588 shares and 154,793 shares as of June 30, 2026 and December 31, 2025, respectively
(6,609,757 )
(6,475,779 )
Total stockholders’ equity
9,364,148
8,254,108
Total Liabilities and Stockholders’ Equity
$ 11,382,291
$ 9,988,945
Reconciliation of GAAP
and Non-GAAP Information
($ in Thousands, Except Per
Share Amounts, unaudited)
The Company believes the following non-GAAP items
are useful to investors in evaluating the Company’s ongoing operating and financial results. The non-GAAP items should be considered
in addition to, and not in lieu of, U.S. GAAP financial measures. The non-GAAP financial measures do not represent a comprehensive basis
of accounting. Therefore, our non-GAAP financial measures may not be comparable to similarly titled measures reported by other companies.
Three-Months Ended
Percentage
Six-Months Ended
Percentage
June 30,
Change
June 30,
Change
2026
2025
26 vs. 25
2026
2025
26 vs. 25
Net Sales
$ 2,537,473
$ 2,111,593
20.2 %
$ 4,890,764
$ 3,966,150
23.3 %
Currency Impact
(48,539 )
N/A
(137,816 )
N/A
Adjusted Net Sales – FX Neutral
$ 2,488,934
$ 2,111,593
17.9 %
$ 4,752,948
$ 3,966,150
19.8 %
Three-Months Ended
Percentage
Six-Months Ended
Percentage
June 30,
Change
June 30,
Change
2026
2025
26 vs. 25
2026
2025
26 vs. 25
Net Sales
$ 2,537,473
$ 2,111,593
20.2 %
$ 4,890,764
$ 3,966,150
23.3 %
Alcohol Brands Segment
(32,194 )
(37,971 )
(64,851 )
(72,674 )
Adjusted Net Sales – Less Alcohol
$ 2,505,279
$ 2,073,622
20.8 %
$ 4,825,913
$ 3,893,476
23.9 %
Three-Months Ended
Percentage
Six-Months Ended
Percentage
June 30,
Change
June 30,
Change
2026
2025
26 vs. 25
2026
2025
26 vs. 25
Net Sales
$ 2,537,473
$ 2,111,593
20.2 %
$ 4,890,764
$ 3,966,150
23.3 %
Alcohol Brands Segment
(32,194 )
(37,971 )
(64,851 )
(72,674 )
Currency Impact
(48,539 )
N/A
(137,816 )
N/A
Adjusted Net Sales – FX Neutral/Less Alcohol
$ 2,456,740
$ 2,073,622
18.5 %
$ 4,688,097
$ 3,893,476
20.4 %
Monster Energy® Drinks
Three-Months Ended
Percentage
Six-Months Ended
Percentage
Segment
June 30,
Change
June 30,
Change
2026
2025
26 vs. 25
2026
2025
26 vs. 25
Net Sales
$ 2,356,131
$ 1,937,321
21.6 %
$ 4,544,785
$ 3,652,869
24.4 %
Currency Impact
(45,263 )
N/A
(127,218 )
N/A
Adjusted Net Sales
$ 2,310,868
$ 1,937,321
19.3 %
$ 4,417,567
$ 3,652,869
20.9 %
Strategic Brands Segment
Three-Months Ended
Percentage
Six-Months Ended
Percentage
June 30,
Change
June 30,
Change
2026
2025
26 vs. 25
2026
2025
26 vs. 25
Net Sales
$ 143,721
$ 129,893
10.6 %
$ 270,441
$ 228,225
18.5 %
Currency Impact
(3,276 )
N/A
(10,598 )
N/A
Adjusted Net Sales
$ 140,445
$ 129,893
8.1 %
$ 259,843
$ 228,225
13.9 %
Foreign
Three-Months Ended
Percentage
Six-Months Ended
Percentage
June 30,
Change
June 30,
Change
2026
2025
26 vs. 25
2026
2025
26 vs. 25
Net Sales
$ 1,163,111
$ 864,224
34.6 %
$ 2,225,656
$ 1,597,426
39.3 %
Currency Impact
(48,539 )
N/A
(137,816 )
N/A
Adjusted Net Sales
$ 1,114,572
$ 864,224
29.0 %
$ 2,087,840
$ 1,597,426
30.7 %
Reconciliation of GAAP and Non-GAAP Information
($ in Thousands, Except Per Share Amounts, unaudited)
- continued
Three-Months Ended
Percentage
Six-Months Ended
Percentage
June 30,
Change
June 30,
Change
2026
2025
26 vs. 25
2026
2025
26 vs. 25
Gross Profit
$ 1,419,634
$ 1,176,413
20.7 %
$ 2,712,983
$ 2,224,375
22.0 %
Alcohol Brands Segment
(8,874 )
(10,736 )
(19,384 )
(20,004 )
Adjusted Gross Profit
$ 1,410,760
$ 1,165,677
21.0 %
$ 2,693,599
$ 2,204,371
22.2 %
Adjusted Gross Profit as a percentage of Adjusted Net Sales – Less Alcohol
56.3 %
56.2 %
55.8 %
56.6 %
Three-Months Ended
Percentage
Six-Months Ended
Percentage
June 30,
Change
June 30,
Change
2026
2025
26 vs. 25
2026
2025
26 vs. 25
Operating Expenses
$ 679,192
$ 544,791
24.7 %
$ 1,242,582
$ 1,023,008
21.5 %
Alcohol Brands Segment
(16,209 )
(25,368 )
(36,367 )
(56,126 )
Litigation Provisions/ Adjustments
(309 )
(13,818 )
5,783
(13,818 )
Adjusted Operating Expenses
$ 662,674
$ 505,605
31.1 %
$ 1,211,998
$ 953,064
27.2 %
Adjusted Operating Expenses as a percentage of Adjusted Net Sales – Less Alcohol
26.5 %
24.4 %
25.1 %
24.5 %
Three-Months Ended
Percentage
Six-Months Ended
Percentage
June 30,
Change
June 30,
Change
2026
2025
26 vs. 25
2026
2025
26 vs. 25
Operating Income
$ 740,442
$ 631,622
17.2 %
$ 1,470,401
$ 1,201,367
22.4 %
Alcohol Brands Segment
7,335
14,632
16,983
36,122
Litigation Provisions/ Adjustments
309
13,818
(5,783 )
13,818
Adjusted Operating Income
$ 748,086
$ 660,072
13.3 %
$ 1,481,601
$ 1,251,307
18.4 %
Three-Months Ended
Percentage
Six-Months Ended
Percentage
June 30,
Change
June 30,
Change
2026
2025
26 vs. 25
2026
2025
26 vs. 25
Net Income
$ 584,540
$ 488,794
19.6 %
$ 1,154,025
$ 931,787
23.9 %
Alcohol Brands Segment
5,734
11,245
13,220
27,760
Litigation Provisions/ Adjustments
233
10,389
(4,355 )
10,389
Adjusted Net Income
$ 590,507
$ 510,428
15.7 %
$ 1,162,890
$ 969,936
19.9 %
Adjustments in this table are net
of tax.
Three-Months Ended
Percentage
Six-Months Ended
Percentage
June 30,
Change
June 30,
Change
2026
2025
26 vs. 25
2026
2025
26 vs. 25
Net Income per common share - Diluted
$ 0.59
$ 0.50
19.0 %
$ 1.17
$ 0.95
23.1 %
Alcohol Brands Segment
0.01
0.01
0.01
0.03
Litigation Provisions/ Adjustments
-
0.01
-
0.01
Adjusted Net Income per common share - Diluted
$ 0.60
$ 0.52
15.2 %
$ 1.18
$ 0.99
19.2 %
Adjustments in this table are net of tax.
EX-99.2tm2622396d1_ex99-2.htm4,940 charsexpand_more
EX-99.2
3
tm2622396d1_ex99-2.htm
EXHIBIT 99.2
Exhibit 99.2
The information presented herein is derived from Monster Energy Company s proprietary, custom NielsenIQ database (and is not derived from our, or any industry participant s, financial statements). While such information is based on data received from NielsenIQ , the results reported in this presentation may vary from those found in publicly available syndicated sources such as NielsenIQ and IRI Circana due to differing definitions of the energy drinks category and other factors. Further, Monster Energy Company has not independently verified industry data collected or provided by Nielsen and makes no representations as to its accuracy or completeness. Data provided by NielsenIQ (and other third - party sources), as well as our analysis of such data, involve a variety of assumptions and methodologies that are subject to uncertainties, and therefore you are cautioned not to give undue weight to the information contained in this presentation.
UNITED STATES SCANNER DATA Source: NielsenIQ p eriod ending 07/25/2026 TNA Energy $ % Change YA Total U.S. All Measured Channels (13 - weeks) 7.1% TOTAL NON - ALCOHOLIC (TNA) ENERGY (Total U.S. xAOC + Conv) 6.0% MEC 10.1% MONSTER - 29.1% REIGN - 1.1% NOS - 25.8% BANG - 1.4% FULL THROTTLE 1.3% RED BULL $ Share Change YA $ Share $ % Change YA U.S. Convenience & Gas (4 - weeks) 5.0% TNA ENERGY - 0.1 35.4 4.7% MEC +1.1 29.4 9.1% MONSTER - 0.8 1.7 - 28.0% REIGN - 0.1 2.3 - 1.2% NOS - 0.4 1.2 - 19.1% BANG - 0.1 0.6 - 4.2% FULL THROTTLE - 1.5 35.1 0.9% RED BULL - 0.9 7.1 - 7.2% CELSIUS +2.0 5.1 74.2% ALANI NU - 0.4 2.1 - 12.5% ROCKSTAR 0.0 3.3 +4.7% C4 +0.5 3.6 20.3% GHOST - 0.3 2.4 - 7.2% 5 - HOUR - 2.8% COFFEE + ENERGY CATEGORY +0.3 60.7 - 2.4% MEC +0.8 39.0 - 0.9% STARBUCKS
CANADA SCANNER DATA Source: NielsenIQ Total Canada All Channels 12 Weeks ending 07/11/2026 $ Share Change YA $ Share $ % Change YA Total Canada All Measured Channels 11.2% TNA Energy +0.1 39.5 11.5% MEC +1.1 35.8 14.7% Monster - 0.2 1.4 - 3.1% Reign - 0.1 0.9 - 1.2% NOS - 0.3 0.5 - 28.2% Bang - 0.4 0.4 - 48.2% Reign Storm - 0.1 0.3 - 8.6% Full Throttle
EMEA SCANNER DATA % Share Change YA Share % Change YA 2.2% 19.9% 20.0% BELGIUM 2.2% 27.2% 26.1% CZECH REPUBLIC 1.2% 29.7% 13.5% DENMARK 1.5% 30.3% 22.6% FRANCE 1.5% 35.6% 14.1% GREAT BRITAIN 0.8% 37.8% 3.9% GREECE 4.1% 21.2% 30.0% GERMANY 1.1% 33.6% 15.0% ITALY 3.6% 17.0% 40.7% NETHERLANDS 2.6% 40.7% 10.1% NORWAY 2.5% 23.1% 30.5% POLAND - 0.0% 33.5% 9.3% REPUBLIC OF IRELAND - 0.3% 18.1% 13.9% SOUTH AFRICA 0.8% 41.4% 15.7% SPAIN 2.9% 18.2% 26.0% SWEDEN % Change YA 2026 Share % Change YA 6.4% 19.2% 141.0% EGYPT 1.6% 45.0% 15.7% KENYA 0.7% 24.4% 9.0% NIGERIA Note: Egypt, Kenya and Nigeria reflect the 13 - week period ended May 26, 2026. France and Great Britain reflect the 13 - week period ended June 13, 2026. Belgium, Czech Republic, Denmark, Netherlands, Norway, Republic of Ireland, Spain, and Sweden reflect the 13 - week period ended June 14, 2026. Poland reflects the 13 - week period ended June 2026. Germany, Greece, Italy, and South Africa reflect the 13 - week period ended June 28, 2026. The data source for EMEA is Nielsen IQ. All amounts are MEC. EMEA ALL MEASURED CHANNELS ENERGY DRINK CATEGORY GROWTH % Value Sales Change YA Monster, Total All Measured Channels Predator/Fury, Total All Measured Channels 10.4%
ASIA PACIFIC SCANNER DATA Note: Australia reflects the 13 - week period ending June 28, 2026. New Zealand reflects the 13 - week period ending June 28, 2026. Asia Pacific country data reflects the months of April June 2026. Japan data source is Intage ; Australia is Circana . All other is Nielsen IQ. 11 .7% $ % Change YA ASIA PACIFIC ALL MEASURED CHANNELS ENERGY DRINK CATEGORY GROWTH $ Share Change YA $ Share $ % Change YA 16.5% TOTAL ENERGY 3.3 25.4% 34.1% MONSTER - 1.6 6.8% - 5.3% MOTHER AUSTRALIA $ Share Change YA $ Share $ % Change YA 8.6% TOTAL ENERGY 3.5 18.6% 33.7% MONSTER - 1.0 4.5% - 11.8% MOTHER - 0.6 3.9% - 5.8% LIVE+ $ Share Change YA $ Share $ % Change YA 6.0% TOTAL ENERGY 1.4 58.5% 8.7% MONSTER 0.4% REIGN STORM $ Share Change YA $ Share $ % Change YA 24.7% TOTAL ENERGY - 4.1 46.4% 14.6% MONSTER NEW ZEALAND SOUTH KOREA JAPAN Total All Measured Channels
LATIN AMERICA SCANNER DATA 23.8% $ % Change YA LATIN AMERICA ALL MEASURED CHANNELS ENERGY DRINK CATEGORY GROWTH $ Share Change YA $ Share $ % Change YA 15.3% TOTAL ENERGY 1.1 32.0 19.2% MONSTER 0.4 6.7 22.2% PREDATOR MEXICO $ Share Change YA $ Share $ % Change YA 37.2% TOTAL ENERGY 5.8 58.1 52.4% MONSTER $ Share Change YA $ Share $ % Change YA 8.5% TOTAL ENERGY - 0.2 39.1 7.8% MONSTER CHILE ARGENTINA Total All Measured Channels $ Share Change YA $ Share $ % Change YA 32.1% TOTAL ENERGY 5.6 48.5 49.5% MONSTER BRAZIL Note: Latin America data reflects the three - months ending June 30 , 2026. All tracked markets are FX neutral. The data source for Latin America is NielsenIQ .
hourglass_top
Event Description
Describing this filing...errorInterpretation failed
hourglass_emptyPending