Monster Beverage's first quarter 2026 revenue surged 27% to $2.35 billion, beating estimates on strong international growth.

Monster Beverage reported first quarter 2026 net sales of $2.35 billion, an increase of 26.9% year-over-year, with diluted earnings per share growing 27.6% to $0.58. These results surpassed analyst expectations for both revenue and EPS.

Key Highlights

• International sales grew 44.9% to $1.06 billion, now representing 45% of total net sales, up from 40% in the prior year's quarter.
• The core Monster Energy® Drinks segment saw net sales increase 27.6% to $2.19 billion, while the smaller Alcohol Brands segment declined by 5.9%.
• Gross margin contracted to 55.0% from 56.5% year-over-year, missing the 56.0% consensus estimate due to geographical sales mix and increased aluminum and freight costs.