Monster Beverage Q1 sales rise 26.9%, beat estimates on strong demand and international growth

Monster Beverage

07/05/2026 21:20

Overview

U.S. energy drink maker's Q1 net sales rose 26.9%, beating analyst expectations

Adjusted EPS for Q1 rose 27.6% yr/yr

Company repurchased $100 mln of shares during Q1

Outlook

Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

CORE ENERGY DRINKS GROWTH - Net sales in the Monster Energy Drinks segment rose 27.6% yr/yr, driven by increased consumer demand

INTERNATIONAL SALES - Net sales to customers outside the U.S. increased 44.9% yr/yr, representing 45% of total net sales

GROSS MARGIN PRESSURE - Gross profit margin fell to 55.0% from 56.5% mainly due to geographical sales mix, higher aluminum can and freight-in costs, partially offset by pricing actions

Company press release: ID:nGNX2w8W7T

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$2.35 bln
$2.16 bln (16 Analysts)
Q1 EPS
$0.58
Q1 Net Income
$569.49 mln
Q1 Operating Expenses
$563.39 mln
Q1 Operating income
$729.96 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the non-alcoholic beverages peer group is "hold."

Wall Street's median 12-month price target for Monster Beverage Corp is $87.00, about 12.7% above its May 6 closing price of $77.20

The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 36 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)