Monster Beverage Q2 2026: net sales up 20.2%, EPS up 19.0%
Monster Beverage posted a strong quarter: net sales rose 20.2% to $2.54 billion and diluted EPS rose 19.0% to $0.59, with gross margin ticking up to 55.9%. Growth leaned on international markets, where sales rose 34.6% and reached 46.0% of the total. The catch: operating expenses grew faster than sales and the beat rests on foreign currency, so read the quality of the growth, not just the headline.
1 · Expected vs. Actual
Free preview belowDiluted EPS rose 19.0% to $0.59 from $0.50, and adjusted EPS rose 15.2% to $0.60. Net income rose 19.6% to $584.5 million, with the effective tax rate easing to 23.9% from 24.4%. The consensus estimate in our data was $0.2967, an unusually wide gap that predates the two-for-one stock split distribution on August 10, 2026, so treat any 'beat' framing with caution.
Net sales rose 20.2% to $2.54 billion from $2.11 billion a year ago, and the Monster Energy Drinks segment did most of the work at $2.36 billion, up 21.6%. Strip out currency and growth was 17.9%, still healthy; sales outside the US rose 34.6% to $1.16 billion and made up about 46.0% of the total. The weak spots are small: Alcohol Brands fell 15.2% to $32.2 million and Other fell 15.3% to $5.4 million.
Log in to read 5 analyses a week for free
Create a free account to read 5 full earnings analyses each week — all five steps: expected vs. actual, guidance tracker, money flow, balance sheet and risks. Members get unlimited access.
Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
Answers are based on the earnings release and the analysis above. Free accounts get 3 questions a week; members get 30 a day.