Monster Beverage Corporation earnings overview

MNST FY2026 Q1 · Calendar Q2 2026

Monster Beverage Corporation

Monster Beverage delivered a record Q1 2026 with net sales of $2.35 billion, up 27% year-over-year, surpassing $2 billion for the second consecutive quarter. The beat was broad-based, with double-digit growth across every geographic region, driven by a strong innovation pipeline including FLRT (female-focused line), Storm (wellness brand), and new Ultra variants. International markets now represent approximately 45% of total revenue. EPS of $0.58 exceeded the consensus estimate of $0.527 by roughly 10%, while revenue beat by approximately 9%. The stock surged 13.6% on the session following the report, on 3.4x baseline volume, with a further 2.5% drift higher. Despite gross margin pressure from aluminum tariffs, freight-in costs, and product mix, management expressed confidence in sustained growth through pricing actions, innovation, and the Coca-Cola distribution partnership. The…