Monster Beverage 8-K
PositiveEarnings
International sales fueled growth; pricing and product mix lifted gross margin despite higher aluminum can and freight-in costs.
Filed 2026-08-06 16:23 ET
- 2.02 Results of Operations
- 7.01 Regulation FD Disclosure
- 9.01 Financial Statements and Exhibits
Summary
Q2 2026 results with no financial outlook figures. Net sales rose 20.2% and diluted EPS rose 19.0% Y/Y; international sales contributed strongly, while increased marketing spending raised selling expenses. A previously announced 2-for-1 stock split is scheduled for distribution after trading on 8/10/2026, with split-adjusted trading expected to begin 8/11/2026.
Key Figures
| Metric | Q2 2026 | Q2 2025 | Y/Y |
|---|---|---|---|
| Net sales | $2.54B | $2.11B | +20.2% |
| Gross profit margin | 55.9% | 55.7% | +20 bp |
| Adjusted gross profit margin, non-GAAP, excluding Alcohol Brands | 56.3% | 56.2% | +10 bp |
| Operating income | $740M | $632M | +17.2% |
| Adjusted operating income, non-GAAP | $748M | $660M | +13.3% |
| Net income | $585M | $489M | +19.6% |
| Adjusted net income, non-GAAP | $591M | $510M | +15.7% |
| Diluted EPS | $0.59 | $0.50 | +19.0% |
| Adjusted diluted EPS, non-GAAP | $0.60 | $0.52 | +15.2% |
| Energy drink case sales | 305M | 249M | +22.3% |
| Metric | 6M 2026 | 6M 2025 | Y/Y |
|---|---|---|---|
| Net sales | $4.89B | $3.97B | +23.3% |
| Gross profit margin | 55.5% | 56.1% | −60 bp |
| Adjusted gross profit margin, non-GAAP, excluding Alcohol Brands | 55.8% | 56.6% | −80 bp |
| Operating income | $1.47B | $1.20B | +22.4% |
| Adjusted operating income, non-GAAP | $1.48B | $1.25B | +18.4% |
| Net income | $1.15B | $932M | +23.9% |
| Adjusted net income, non-GAAP | $1.16B | $970M | +19.9% |
| Diluted EPS | $1.17 | $0.95 | +23.1% |
| Adjusted diluted EPS, non-GAAP | $1.18 | $0.99 | +19.2% |
| Energy drink case sales | 579M | 462M | +25.3% |
- Foreign currency added $48.5M to Q2 sales; sales growth was 17.9% on a foreign currency-adjusted basis. International sales rose 34.6% to $1.16B, about 46% of total sales.
- Q2 gross margin improved on pricing and product mix, partly offset by higher aluminum can and freight-in costs and geographic sales mix. Selling expense rose to $269M from $197M, primarily due to increased social, digital, media, sponsorship and endorsement marketing.
- No shares were repurchased in Q2; $900M remained authorized as of 8/5/2026. Shares outstanding were 979M at 6/30/2026 vs 978M at 12/31/2025. Cash was $2.19B and short-term investments were $1.23B at 6/30/2026.
Guidance
No guidance in this filing.
Investor Takeaways
- Latest U.S. convenience-and-gas scanner data showed Monster Energy Company sales growth of 9.1% and a 1.1-point share gain to 29.4%; subsequent scanner trends will indicate whether that momentum continues.
The summary is written by an AI model reading the filing.
Model 005 · prompt 01d34d48e3