Monster Beverage's Q3 sales beat estimates on robust international demand and energy-drink growth, while earnings met expectations amid rising cost pressures.

Monster Beverage is executing a powerful growth acceleration, with Q2 2026 revenue up 20.2% year-over-year and gross margin stabilizing at 55.9%, driven by strong core demand and improved cost management.
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Revenue growth accelerated to 20.2% in Q2 2026, with gross margin expanding to 55.9% from 53.2% in Q4 2024, while operating margin reached 29.2%, indicating strong operating leverage and cost discipline.
Monster Beverage Corporation has a wide moat, indicating strong competitive advantages and sustainable profitability.
Coca-Cola Company is the top institutional holder with 20.9% ownership, providing strategic distribution and support.
Monster offers energy drinks, brewed coffee, juices, and teas, catering to a broad consumer base.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
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Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $0.30+0.3% vs $0.30 | $2.6B+2.8% vs $2.5B |
Q3 2026 Aug 6, 2026 | $0.30+3.2% vs $0.29 | $2.5B+4.5% vs $2.4B |
Q2 2026 May 7, 2026 | $0.29+10.1% vs $0.26 | $2.4B+8.9% vs $2.2B |
Q1 2026 Feb 26, 2026 | $0.25+3.3% vs $0.24 | $2.1B+4.2% vs $2.0B |
Monster Beverage's Q3 sales beat estimates on robust international demand and energy-drink growth, while earnings met expectations amid rising cost pressures.

D.A. Davidson and CO. grew its holdings in shares of Monster Beverage Corporation (NASDAQ: MNST) by 114.9% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,148 shares of the company's stock after buying an additional 11,841 shares during the
Monster Beverage Corporation ( MNST ) Q3 2026 Earnings Call November 5, 2026 5:00 PM EST Company Participants Hilton Schlosberg - CEO & Vice Chairman Mark Astrachan - SVP of Investor Relations & Corporate Development Guy Carling - Chief Executive Officer for EMEA & OSP Rob Gehring - Chief Executive Officer for Americas Conference Call Participants Dara Mohsenian - Morgan Stanley, Research Division Peter Galbo - BofA Securities, Research Division Kaumil Gajrawala - Jefferies LLC, Research Division Bonnie Herzog - Goldman Sachs Group, Inc., Research Division Matthew Smith - Stifel, Nicolaus & Company, Incorporated, Research Division Peter Grom - UBS Investment Bank, Research Division Presentation Operator Good day, and welcome to the Monster Beverage Corporation Third Quarter 2026 Financial Results Conference Call. [Operator Instructions] Please note, this event is being recorded.
Monster Beverage NASDAQ: MNST reported a 16.7% increase in third-quarter net sales as international growth outpaced its domestic business, while higher costs and a shift in geographic sales mix weighed on gross margin.
Benchmark MNST against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Monster Beverage Corporation (MNST)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $45.72 | $89.43B | 41.69 | 10.7% | 22.66% | 24.01% | — | |
| $32.16 | $8.22B | 27.49 | 85.54% | 9.41% | 11.71% | 0.49% | |
| $37.14 | $3.48B | 19.89 | -1.73% | 14.81% | 32.6% | — | |
| $95.67 | $411.62B | 28.21 | 1.87% | 28.65% | 39.58% | 2.13% | |
| $141.34 | $193.07B | 17.71 | 2.25% | 11.1% | 50.24% | 3.94% | |
| $36.63 | $49.84B | 30.38 | 8.16% | 7.12% | 5.8% | 2.5% |
Monster Beverage Corporation (MNST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Monster Beverage Corporation (MNST) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 6, 2026·SEC
Jul 8, 2026·SEC
Jun 4, 2026·SEC
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Monster Beverage Corporation (MNST) stock FAQ — growth, dividends, profitability & financials explained
Monster Beverage Corporation (MNST) reported $9.58B in revenue over the trailing twelve months. Revenue was $8.29B in fiscal year 2025. That is 23199% more than the $35.6M of fiscal year 1996.
Monster Beverage Corporation (MNST) grew revenue by 20.2% over the trailing twelve months, compared with the twelve months before.
Yes. Monster Beverage Corporation (MNST) earned $2.17B in net income over the trailing twelve months (a 22.7% net margin).
Monster Beverage Corporation (MNST) had a return on equity (ROE) of 24.0% over the trailing twelve months. That is well above the market's typical 10-15%.
Monster Beverage Corporation (MNST) generated $1.92B in free cash flow over the trailing twelve months.