Quarterly ResultMay 7, 2026, 04:12 PM
Monster Beverage Q1 Net Sales +26.9% to $2.35B; EPS $0.58
AI Summary
Monster Beverage Corporation reported strong financial results for the first quarter of 2026, with net sales increasing 26.9% to $2.35 billion, marking the first time Q1 net sales crossed the $2.0 billion threshold. Operating income grew 28.1% to $730.0 million, and net income per diluted share increased 27.6% to $0.58. International sales showed significant growth, rising 44.9% and representing 45% of total net sales. The company also repurchased $100.0 million of its common stock during the quarter.
Key Highlights
- Net sales increased 26.9% to $2.35 billion in Q1 2026.
- Operating income rose 28.1% to $730.0 million.
- Net income increased 28.6% to $569.5 million.
- Diluted net income per share grew 27.6% to $0.58.
- Monster Energy® Drinks segment net sales increased 27.6% to $2.19 billion.
- Strategic Brands segment net sales increased 28.9% to $126.7 million.
- Net sales to customers outside the U.S. increased 44.9% to $1.06 billion.
- The company repurchased approximately 1.4 million shares for $100.0 million.