[MNST] Monster Beverage: Q3 2026 Earnings Test of Sales Growth Versus Margins

Monster Beverage is a beverage company built around its Monster line of energy drinks; it sells finished drinks and concentrates mainly to bottlers in the Coca-Cola system, which then place the products in convenience stores, supermarkets and foodservice outlets[1]. Ahead of its Monster Beverage Q3 2026 earnings on 2026-11-05, the company will report results for Third quarter 2026 (three months ended September 30, 2026)[2]. The latest disclosed quarter is the second quarter of 2026: net sales rose 20.2% year over year to $2.54 billion, or 17.9% on a currency-adjusted basis, and gross margin was 55.9%, slightly above 55.7% a year earlier[3]. Energy drink case volume grew 22.3% to 304.9 million 192-ounce case equivalents, operating income rose 17.2% to $740.4 million, but operating margin fell from 29.9% to 29.2%, and diluted earnings per share before the stock split were $0.59[4]. Analyst consensus compiled by Drillr on October 26 puts third-quarter revenue at $2.492 billion (12 analysts, range $2.412 billion to $2.543 billion) and split-adjusted earnings per share at $0.299 (9 analysts, range $0.289 to $0.339)[5]. Because the company completed its split through a stock dividend and began trading at the split-adjusted price on August 11, that per-share figure cannot be compared directly with the second quarter's $0.59[4].

Three things matter most in this report. The first is whether sales can keep growing at a double-digit pace against a tougher prior-year base: net sales in the first half of 2026 were about $4.89 billion, up about 23.3%[6][4], while Drillr financial data put third-quarter 2025 net sales at $2.197 billion, so consensus implies growth of about 13%[5]; whether case volume growth and roughly 11.5% growth in the U.S. and Canada hold up[7] will separate demand growth from one-time bottler buying. The second is whether gross margin can hold last year's roughly 55.7% for the same quarter: international sales have risen from 41% to 46% of the total in a year[3], gross margins in EMEA, Asia-Pacific and Latin America range only from 38.8% to 46.2%, and management said tariff-driven Midwest aluminum premiums will keep pushing costs modestly higher quarter over quarter through at least the end of 2026[7]. The third is whether expenses stop eroding operating leverage: in the second quarter the distribution expense ratio rose from 3.9% to 4.7% and the selling expense ratio from 9.3% to 10.6%[3], so operating income lagged sales, while Drillr financial data put last year's third-quarter operating margin at about 30.7%, a demanding comparison.

Company Background and Business Structure

Monster Beverage's revenue is highly concentrated in a single category, energy drinks. The company reports four segments: the Monster Energy Drinks segment accounted for 92.4% of 2025 net sales, the Strategic Brands segment for 5.7% and the Alcohol Brands segment for 1.6%[1]. The energy drinks segment mainly sells finished beverages to bottlers and distributors and earns higher revenue but a lower gross margin per case, while the Strategic Brands segment mainly sells concentrates and beverage bases to authorized bottling and canning operations and earns lower revenue but a higher gross margin per case[1]. The alcohol segment is still shrinking, with second-quarter 2026 net sales down 15.2% to $32.2 million[3].

The company depends heavily on a few Coca-Cola system bottlers. Coca-Cola Europacific Partners (CCEP) accounted for about 15% of 2025 net sales and Coca-Cola Consolidated for about 10%, together roughly a quarter of the total[1]. The geographic mix is also shifting quickly: sales outside the United States were about 41% of net sales in 2025[1] and rose to about 46% in the second quarter of 2026, or $1.16 billion for the quarter, up 34.6% year over year[3].

Monster recognizes revenue when bottlers buy, not when consumers buy at retail. After consumers purchase in convenience stores, supermarkets and foodservice outlets, bottlers order from the company according to demand and their own inventory plans; the company recognizes revenue at its selling price net of promotional allowances and bears the cost of sales, including aluminum cans, sweeteners and flavors, co-packing fees and freight-in, as well as distribution, selling and administrative expenses. Reported case volume therefore reflects bottlers' ordering pace, which may include inventory changes, and does not move in perfect step with retail consumption.

Both the share structure and the management team changed in the second half of 2026. The company split its stock through a stock dividend distributed after the close on August 10, and the shares began trading at the split-adjusted price on August 11[4]. On September 25, the company announced that Rob Gehring, Chief Executive Officer of the Americas, will leave on November 30 and that Emelie C. Tirre will take over on December 1[8]; the handover falls in the period when the company plans to carry out selective U.S. price increases in the fourth quarter of 2026[7].

Financial History and Current Position

Monster Beverage has combined steady revenue growth with high margins over the past five years. According to Drillr financial data, net sales grew from $5.541 billion in 2021 to $8.294 billion in 2025, up 10.7% in 2025, with operating income of $2.419 billion and net income of $1.905 billion that year. According to the fiscal 2025 annual report, gross profit was $4.63 billion, up about $583.3 million or 14.4% from $4.05 billion in 2024, and net cash from operating activities was $2.098 billion, up from $1.929 billion in 2024[1].

The balance sheet consists mainly of cash and investments. At the end of 2025 the company held $2.09 billion in cash and cash equivalents, $677.1 million in short-term investments and $487.3 million in long-term investments[1]. Average net sales per case for energy drinks were $8.48 in 2025, 1.6% below $8.62 in 2024, which shows that product and geographic mix shifts, beyond pricing, were pushing per-case revenue down[1].

The first quarter of 2026 delivered the fastest growth but the weakest gross margin. Net sales rose 26.9% to $2.353 billion, gross margin was 55.0% versus 56.5% a year earlier, the operating expense ratio fell from 25.8% to 23.9%, operating income rose 28.1% to $730.0 million and diluted earnings per share rose from $0.45 to $0.58[9][6]. Energy drink case volume grew 28.8% to 274.5 million cases, operating cash flow was $605.0 million versus $507.6 million a year earlier, and the company repurchased about $134.0 million of stock[6].

Sales kept growing quickly in the second quarter of 2026, but operating margin declined year over year. Net sales rose 20.2% to $2.537 billion, including $2.36 billion from the energy drinks segment, up 21.6%, and $143.7 million from Strategic Brands, up 10.6%, while gross margin recovered to 55.9%[3]. Operating income was $740.4 million, up 17.2%, for an operating margin of 29.2% versus 29.9% a year earlier; operating income from international operations excluding Canada was $481.3 million in the first half, compared with $306.7 million a year earlier[4]. About $900 million remained under the existing share repurchase authorization as of August 5[7].

Taken together, first-half growth came from volume, while per-case pricing slipped slightly. Net sales in the first half of 2026 were about $4.89 billion, up about 23.3% from about $3.97 billion a year earlier, and average net sales per case for energy drinks were $8.31, slightly below $8.39 a year earlier[6][4].

Operating Model

Monster Beverage's revenue breaks down into two variables: case volume and net sales per case. Net sales roughly equal energy drink case volume multiplied by net sales per case, plus a small amount of revenue from the alcohol and other segments; second-quarter 2026 case volume was 304.9 million, up 22.3%, and first-half net sales per case were $8.31[4]. Case volume depends on category growth, market share, new-product distribution and bottler inventories, and it shows up directly in the same quarter's revenue; on the first-quarter call, the company said innovation accounted for about 45% of growth and existing products about 55%, and that it used additional production facilities to meet demand[10].

Net sales per case depend on pricing, promotional allowances, package and product mix, geographic mix and currency. The company raised prices on core brands and packages in the United States in the fourth quarter of 2025 and in certain international markets at various times during 2025, and those increases lifted gross margins in 2026[4]. Management plans selective U.S. price increases in the fourth quarter of 2026 and continued periodic low single-digit increases across individual EMEA markets[7]. Currency is another same-quarter variable: exchange-rate changes added $48.5 million to second-quarter net sales[3].

Consolidated gross margin depends on geographic mix and per-case cost. It roughly equals the sum of each region's share of sales multiplied by that region's gross margin; in the second quarter, gross margins in EMEA, Asia-Pacific and Latin America were 38.8%, 41.4% and 46.2%, all below the consolidated 55.9%, so a rising international share mechanically lowers consolidated gross margin and has to be offset by pricing and a richer product mix[7]. The main cost variable is aluminum cans: apart from aluminum, the company generally does not hedge commodity prices[1], and management anticipates that Midwest aluminum premiums will rise modestly quarter over quarter through at least the end of 2026, which means aluminum pressure will work its way into cost of sales over the next several quarters[7].

Operating income is what remains of gross profit after three expense lines. Operating income equals gross profit minus distribution, selling and general and administrative expenses; in the second quarter of 2026 those three lines were 4.7%, 10.6% and 11.5% of net sales[3], leaving an operating margin of 29.2%[4]. Distribution expenses move in the same quarter with volume, freight and fuel prices, and management said freight and fuel costs remain volatile depending on market and geopolitical conditions[7]; selling expenses are investments to raise household penetration whose return appears later in share and sales; and administrative expenses are diluted as revenue grows.

Cash flow tracks earnings closely and is used mainly for share repurchases. Bottlers pay on credit terms, so operating cash flow is close to net income: operating cash flow was $2.098 billion in 2025[1], while net income that year was $1.905 billion according to Drillr financial data. Operating cash flow was $605.0 million in the first quarter of 2026, when the company repurchased about $134.0 million of stock[6], and about $900 million remained under the repurchase authorization as of August 5[7].

Industry and Competitive Position

Energy drinks remain one of the faster-growing beverage categories, and Monster Beverage is growing faster than the category in every major region. On the currency-neutral basis disclosed on the second-quarter call, the category grew 7.1% in U.S. all outlets, 10.4% in tracked EMEA markets, 11.7% in tracked Asia-Pacific channels and 23.8% in tracked Latin American markets; over the same period, the company's U.S. and Canada net sales rose 11.5%, it gained 70 basis points of U.S. value share, and its currency-neutral growth in EMEA, Asia-Pacific and Latin America was 22.2%, 36.7% and 40.4%[7].

The company's advantages come from its brand, its pace of new launches and the Coca-Cola distribution network, and its main competitors include energy drink brands such as Red Bull, Celsius and Rockstar. The first-quarter call showed that innovation accounted for about 45% of growth, that new products such as Viking Berry in EMEA were performing well, and that the company launched a 12-pack variety pack to expand in multipacks[10]. Distribution through large bottlers such as CCEP and Coca-Cola Consolidated gives the company global reach but also creates customer concentration[1]. Its main weakness is that international gross margins are clearly below U.S. margins, so the larger the international share, the greater the pressure on consolidated gross margin[7].

This comparison has clear limits. Category growth and regional gross margins come from earnings call summaries and are not audited figures; competitors' financials are outside this comparison, so their margins cannot be compared directly; and the company's case volumes reflect bottler purchases while share data reflect retail sales, leaving timing and inventory gaps between the two.

Core Debates

Case volume rose 25% in the first half; against a tougher prior-year base, can Monster keep shipments and sales growing at a double-digit pace in the third quarter?

Sales growth is the starting point for Monster Beverage's gross profit and operating income growth, so third-quarter growth is the most direct test in this report. Net sales in the first half of 2026 were about $4.89 billion, up about 23.3%, and energy drink case volume rose from about 462 million to about 579 million cases, up about 25%[6][4], well ahead of the 10.7% full-year 2025 revenue growth shown in Drillr financial data. According to the company's prior-year third-quarter disclosure, however, third-quarter 2025 case volume had already grown 17.8%, and consensus calls for only about 13% revenue growth in the third quarter[5]; that figure can separate sustained share and penetration gains from a one-time boost from bottler restocking, currency and product launches.

Second-quarter data show broad growth, with international markets contributing a larger share. Net sales rose 20.2% to $2.537 billion, or 17.9% currency-adjusted, energy drinks segment sales rose 21.6% to $2.36 billion and Strategic Brands sales rose 10.6% to $143.7 million[3]; case volume was 304.9 million, up 22.3% from 249.3 million a year earlier[4]. U.S. and Canada sales rose 11.5%, faster than the 7.1% U.S. category growth, the company gained 70 basis points of U.S. value share, and international net sales rose 34.6% to $1.16 billion[7].

This debate reaches net sales through case volume and per-case revenue, but case volume itself includes bottler inventory. The chain runs from category growth and share gains to bottler orders, and case volume multiplied by net sales per case (an estimated $8.20 in the second quarter) gives net sales, with currency adding a further $48.5 million in the second quarter[3]. For the comparison base, Drillr financial data put third-quarter 2025 net sales at $2.197 billion, and the company's prior-year third-quarter disclosure put case volume at 258.4 million. An alternative explanation has not been ruled out: multipack promotions such as the 12-pack variety pack launched in the first quarter[10], new-product distribution and international bottler expansion may have produced one-time buying, which could make third-quarter case growth slow sharply.

The third quarter needs revenue, volume and the U.S. market to hold up at the same time. Readers can watch whether net sales beat the roughly $2.49 billion consensus[5] and whether currency-adjusted growth stays above 13%, whether case volume growth stays above 15%, and whether U.S. and Canada growth stays around 11% (11.6% in the prior-year third quarter, according to the company's November 2025 call) with continued U.S. share gains. If case volume growth falls below 10%, the first-half acceleration included one-time restocking or launch fill; if U.S. growth keeps beating the category with continued share gains, that supports growth driven by end demand rather than shipment timing.

With international sales now 46% of revenue and aluminum can costs still rising, can pricing hold third-quarter gross margin at last year's roughly 55.7%?

Gross margin determines how much of the sales growth turns into profit, and international expansion itself is pushing gross margin down. The fastest-growing international markets carry clearly lower gross margins, with EMEA, Asia-Pacific and Latin America at only 38.8%, 41.4% and 46.2% in the second quarter[7], so a rising international share mechanically lowers consolidated gross margin. According to Drillr financial data, full-year 2025 gross margin was about 55.8%, about 1.8 percentage points above 2024, and the company said U.S. and international price increases lifted gross margins in 2026[4]; first-quarter 2026 gross margin fell to 55.0%[9] before recovering to 55.9% in the second quarter[3].

The company's explanations for the two quarters show pricing and mix pulling against each other. Second-quarter gross margin of 55.9% was above 55.7% a year earlier, and the company attributed the increase to pricing and product mix, partly offset by aluminum can costs, geographic mix and freight-in costs[3]; first-quarter gross margin of 55.0% was below 56.5% a year earlier, mainly because of geographic mix, aluminum can costs and freight-in, with pricing offsetting only part of the pressure[9]. By region, EMEA gross margin rose 270 basis points to 38.8% in the second quarter, Latin America rose 100 basis points to 46.2% and Asia-Pacific held at 41.4%[7]; first-half net sales per case were $8.31, down about 1.0% from $8.39, which shows mix diluting the price increases[4].

This debate reaches gross profit along two lines: per-case revenue and per-case cost. Pricing raises net sales per case, while the rising international share (46% in the second quarter versus 41% a year earlier)[3] and Midwest aluminum premiums raise per-case cost; the balance sets gross margin, and second-quarter gross profit, estimated from net sales and gross margin, was about $1.42 billion. For the comparison base, Drillr financial data put third-quarter 2025 gross margin at about 55.7% ($1.224 billion of gross profit divided by $2.197 billion of net sales). What remains unresolved is how much of the second-quarter recovery came from one-time product mix: apart from aluminum, the company generally does not hedge commodity prices[1], and if aluminum premiums keep rising as management described[7], third-quarter gross margin could still fall year over year again.

The third quarter needs to show both the level of gross margin and the drivers the company lists. Readers can watch whether gross margin stays at or above 55.7% and which positive and negative factors the company lists, whether the international share keeps rising and EMEA gross margin stays above 38%, and whether the year-to-date decline in net sales per case widens. If gross margin falls back below 55.0% with aluminum costs named as the main cause, pricing is not keeping up with costs; if gross margin holds near 55.9% while the international share keeps rising, better international margins and pricing are enough to offset the mix drag.

Second-quarter sales rose 20% but operating income only 17%; can freight and marketing spending stop eroding operating margin in the third quarter?

Operating margin determines how much profit sales growth finally leaves behind, and operating leverage turned negative in the second quarter. Operating margin fell from 29.9% a year earlier to 29.2%[4], mainly because the distribution and selling expense ratios rose by a combined 2.1 percentage points[3]. According to Drillr financial data, third-quarter 2025 operating margin was about 30.7% ($675.4 million of operating income divided by $2.197 billion of net sales), a demanding comparison; if expense ratios keep expanding, profit growth will lag even if sales meet expectations.

The second quarter's expense pattern was almost the opposite of the first quarter's. Second-quarter distribution expenses were $118.8 million, or 4.7% of net sales versus 3.9% a year earlier, selling expenses were $269.2 million, rising from 9.3% to 10.6% of net sales, and the general and administrative ratio fell from 12.6% to 11.5%[3], with management attributing the rise in distribution expenses to higher freight and fuel costs[7]. The first quarter ran the other way: the selling expense ratio fell from 9.3% to 8.3%, the distribution ratio edged up from 4.2% to 4.4%, and operating income of $730.0 million produced an operating margin of about 31.0%, above about 30.7% a year earlier[9].

This debate reaches operating income and earnings per share through the three expense ratios. Volume growth, the use of additional facilities to meet demand[10] and fuel prices raise distribution expenses, larger marketing investment raises selling expenses, and revenue scale dilutes administrative expenses; on balance, second-quarter operating income rose 17.2% to $740.4 million, slower than the 20.2% sales growth[4]. What remains unresolved is whether this gap will persist: an alternative view holds that the concentrated second-quarter marketing push and higher fuel prices were seasonal and temporary and that expense ratios will ease in the third quarter, but management also said freight and fuel costs remain volatile depending on market and geopolitical conditions[7].

The third quarter needs to show whether operating margin returns to last year's level and whether the spending is buying growth. Readers can watch whether operating margin stays at or above last year's roughly 30.7%, whether the distribution expense ratio falls back below 4.3%, and whether any rise in the selling expense ratio comes with faster sales and share gains. If distribution and selling expense ratios expand year over year for two consecutive quarters, the cost of buying growth is rising; if expense ratios fall and operating income grows faster than sales, the second-quarter margin decline was temporary.

Risks and Falsifiers

Bottler concentration is the most direct risk to revenue. Coca-Cola Europacific Partners and Coca-Cola Consolidated accounted for about 15% and 10% of 2025 net sales, together about $2 billion based on full-year net sales of $8.294 billion[1]; if either one cuts orders, adjusts inventory or reduces its commitment to Monster, quarterly revenue would be hit directly. If third-quarter case volume and growth in the United States and EMEA stay stable and the company reports no bottler destocking, this risk has not materialized.

The management handover in the Americas is an execution risk. Rob Gehring, Chief Executive Officer of the Americas, leaves on November 30, 2026, and Emelie C. Tirre takes over on December 1[8], during the execution period for selective fourth-quarter U.S. price increases and 2027 new-product planning[7]. With sales outside the United States at 46% in the second quarter, the U.S. accounts for about 54% of net sales[3] and is also the highest-margin market; if the fourth-quarter U.S. price increases take effect as planned and U.S. growth and share hold, the risk has not shown up in the financials.

A slowdown in U.S. category growth or a loss of share would hurt both revenue and gross margin. The United States is the highest-margin market, accounting for about 54% of second-quarter net sales, or about $1.37 billion of quarterly revenue[3], so slower U.S. growth would pressure profit through both revenue and geographic mix. If third-quarter U.S. and Canada growth is at least 11% and the company keeps reporting share gains, the current reading still holds[7].

Aluminum can costs are the main cost risk to gross margin. Apart from aluminum, the company generally does not hedge commodity prices[1], and management anticipates that tariff-driven Midwest aluminum premiums will rise modestly quarter over quarter through at least the end of 2026[7]; based on second-quarter net sales, each 1-point decline in gross margin cuts quarterly gross profit by about $25 million[3]. If third-quarter gross margin stays at or above 55.7% and management keeps describing the aluminum impact as modest, this risk remains contained.

Continued increases in freight, fuel and marketing spending would make operating income grow more slowly than sales. Second-quarter distribution and selling expenses totaled $388.0 million, or 15.3% of net sales, and each 1-point rise in the expense ratio cuts quarterly operating income by about $25 million[3]. If third-quarter operating margin stays at or above 30.7% and operating income grows at least as fast as sales, this risk has not materialized.

What to Watch Next

• Sales growth against a high base: watch whether third-quarter net sales beat the $2.492 billion consensus, whether currency-adjusted growth stays above 13% and whether case growth stays above 15%, against second-quarter net sales of $2.537 billion, up 20.2%, and case growth of 22.3%. Case growth below 10% would point to one-time buying; U.S. growth above the category with share gains would support demand-driven growth.
• U.S. and Canada: watch whether growth stays around 11% from 11.5% in the second quarter and whether U.S. value share keeps rising after a 70-basis-point gain. Growth below 11% with share losses would weaken the demand explanation.
• Gross margin: watch whether third-quarter gross margin stays at or above about 55.7%, against 55.9% in the second quarter, and which factors the company lists. A drop below 55.0% with aluminum named as the main cause would show pricing falling behind costs.
• International mix and per-case revenue: watch the international share (46%), EMEA gross margin above 38% and whether the 1.0% first-half decline in net sales per case to $8.31 widens. Gross margin steady near 55.9% while the international share rises would show the mix drag being offset.
• Expenses and operating leverage: watch whether operating margin returns to about 30.7% from 29.2% and whether the distribution ratio falls below 4.3% from 4.7%. Two consecutive quarters of higher expense ratios would show rising growth costs; falling ratios with operating income outgrowing sales would show the decline was temporary.
• Americas leadership handover: Emelie C. Tirre takes over on December 1; watch whether fourth-quarter U.S. price increases take effect and whether U.S. growth and share hold.

Conclusion

Monster Beverage's results are driven by energy drink case volume, per-case revenue and three expense ratios, and the central tension today is the gap between rapid sales growth and margins. In the first half of 2026, net sales rose about 23.3% and case volume about 25%, but net sales per case fell about 1.0%[6][4]; second-quarter gross margin recovered to 55.9%, yet operating margin fell from 29.9% to 29.2% as the international share rose to 46% and distribution and selling expense ratios climbed at the same time[3]. The company holds about $2.09 billion in cash and equivalents plus more than $1.1 billion in investments, and operating cash flow is close to earnings[1], so the question is not funding but whether growth can continue without diluting margins.

After the second-quarter results, independent outside commentary focused on margins. In an August 7 piece, Gian Estrada of the investment research platform TIKR wrote "The beat didn't come free.", arguing that the second-quarter revenue beat came at the cost of margins: operating income grew in dollars, but EBIT margin fell year over year because freight and fuel raised distribution expenses, sponsorships raised selling expenses and the low-margin international business grew as a share of sales; he also argued that management emphasized dollar profit growth while the margin data made that message harder to accept[11]. This reading matches the pessimistic side of the second and third debates above, while the company itself attributed the second-quarter gross margin increase to pricing and product mix; the two accounts diverge on whether the rise in expense ratios is temporary or structural. TIKR is an investment research platform blog, not sell-side research, and full sell-side research reports were not found in the material available between August 6 and October 27, so this is one outside view and should not be treated as a market consensus.

Operating and financial signals need to be watched together to judge whether the current understanding is strengthened or weakened. If third-quarter case growth stays above 15%, U.S. share keeps rising, gross margin holds at or above 55.7%, operating margin returns to about 30.7% and operating income again grows faster than sales, the reading that growth is demand-driven and pricing can offset the mix drag would be strengthened. Conversely, if case growth falls below 10%, gross margin drops below 55.0% with aluminum named as the main cause, and distribution and selling expense ratios expand year over year for a second consecutive quarter, the current understanding would be materially weakened.

Sources

[1] MNST FY2025 10-K filed 2026-02-27 · 2026-02-27 · 10-K · https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000865752&type=10-K&dateb=&owner=include&count=40

[2] MNST earnings calendar updated 2026-10-26 · 2026-10-26 · Drillr earnings calendar

[3] MNST Q2 2026 8-K filed 2026-08-06 · 2026-08-06 · 8-K · https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000865752&type=8-K&dateb=&owner=include&count=40

[4] MNST Q2 2026 10-Q filed 2026-08-07 · 2026-08-07 · 10-Q · https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000865752&type=10-Q&dateb=&owner=include&count=40

[5] Drillr analyst estimates MNST Q3 2026 retrieved 2026-10-26 · 2026-10-26 · Drillr analyst estimates · https://gateway.drillr.ai/mcp/private

[6] MNST Q1 2026 10-Q filed 2026-05-08 · 2026-05-08 · 10-Q · https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000865752&type=10-Q&dateb=&owner=include&count=40

[7] MNST Q2 2026 earnings call 2026-08-06 · 2026-08-06 · earnings-call · https://gateway.drillr.ai/mcp/private

[8] MNST 8-K filed 2026-09-25 · 2026-09-25 · 8-K · https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000865752&type=8-K&dateb=&owner=include&count=40

[9] MNST Q1 2026 8-K filed 2026-05-07 · 2026-05-07 · 8-K · https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000865752&type=8-K&dateb=&owner=include&count=40

[10] MNST Q1 2026 earnings call 2026-05-07 · 2026-05-07 · earnings-call · https://gateway.drillr.ai/mcp/private

[11] TIKR view on Monster Beverage via TIKR blog 2026-08-07 · 2026-08-07 · TIKR · https://www.tikr.com/blog/monster-beverages-q2-earnings-crossed-2-5-billion-but-margins-told-a-different-story