WS Investor
07 Aug 2026, 08:57
Monster Beverage (MNST) Stock Edges Higher After Strong Q2 Sales and Earnings Growth
Monster Beverage (NASDAQ: MNST) shares edged up about 0.3% on Friday after the energy drink company reported strong second-quarter results, including double-digit growth in revenue, operating income, and earnings.
Net sales increased 20.2% year over year to $2.54 billion, while net income rose 19.6% to $584.5 million. Diluted EPS increased 19% to $0.59, while adjusted EPS reached $0.60, up 15.2%.
International Sales Drive Growth
Monster Energy Drinks remained the main growth engine, with segment sales climbing 21.6% to $2.36 billion. International performance was particularly strong: sales outside the U.S. jumped 34.6% to $1.16 billion and represented approximately 46% of total revenue.
Gross margin improved slightly to 55.9% from 55.7%, helped by pricing and product mix. Operating income increased 17.2% to $740.4 million. However, operating expenses rose to $679.2 million from $544.8 million, partly reflecting increased spending on marketing, sponsorships, and endorsements.
Stock Split Approaches
Monster also has a near-term corporate catalyst. Its previously announced two-for-one stock split will be distributed after the market closes on August 10, with shares expected to begin trading on a split-adjusted basis on August 11.
Friday's relatively modest stock gain suggests investors welcomed the strong sales and international growth but also weighed higher operating expenses and continued weakness in the Alcohol Brands business, where sales declined 15.2%.
Monster Beverage (NASDAQ: MNST) shares edged up about 0.3% on Friday after the energy drink company reported strong second-quarter results, including double-digit growth in revenue, operating income, and earnings.
Net sales increased 20.2% year over year to $2.54 billion, while net income rose 19.6% to $584.5 million. Diluted EPS increased 19% to $0.59, while adjusted EPS reached $0.60, up 15.2%.
International Sales Drive Growth
Monster Energy Drinks remained the main growth engine, with segment sales climbing 21.6% to $2.36 billion. International performance was particularly strong: sales outside the U.S. jumped 34.6% to $1.16 billion and represented approximately 46% of total revenue.
Gross margin improved slightly to 55.9% from 55.7%, helped by pricing and product mix. Operating income increased 17.2% to $740.4 million. However, operating expenses rose to $679.2 million from $544.8 million, partly reflecting increased spending on marketing, sponsorships, and endorsements.
Stock Split Approaches
Monster also has a near-term corporate catalyst. Its previously announced two-for-one stock split will be distributed after the market closes on August 10, with shares expected to begin trading on a split-adjusted basis on August 11.
Friday's relatively modest stock gain suggests investors welcomed the strong sales and international growth but also weighed higher operating expenses and continued weakness in the Alcohol Brands business, where sales declined 15.2%.
