NASDAQ$MNST

Monster Beverage Corp · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Monster Beverage reported Q4 2025 net sales of $2.13B, net income of $449.2M, and adjusted EPS of $0.51.

Q4 2025 net sales were $2.13 billion with net income of $449.2 million. Diluted EPS was $0.46 and adjusted EPS was $0.51 as energy drink demand remained robust across domestic and international markets.

  • Net sales $2.13B in Q4.
  • Net income $449.2M; diluted EPS $0.46.
  • Adjusted EPS $0.51.
  • Category share gains in energy drinks.

Headline financials

Total Revenue

$2.13B

Previous: $1.81B+17.6%
EPS (adj)

$0.51

Previous: $0.38+34.2%
Gross Margin

55.5%

Previous: 55.3%+0.4%
Operating Expenses

$641M

Previous: $621M+3.1%
OpEx % of Sales

30.1%

Previous: 34.3%-12.2%
Operating Margin

25.5%

Previous: 21.0%+21.4%
Interest & Other Income

$25.7M

Previous: $4.85M+428.5%
Income Before Taxes

$568M

Previous: $386M+47.2%
Income Tax Provision

$119M

Previous: $115M+3.2%
Effective Tax Rate

21.0%

Previous: 29.9%-29.8%
Net Margin

21.1%

Previous: 14.9%+41.6%
Basic EPS

$0.46

Previous: $0.28+64.3%
Weighted Avg Basic Shares

977.5M

Previous: 972.7M+0.5%
Weighted Avg Diluted Shares

986.8M

Previous: 980.9M+0.6%
Energy Drink Case Sales

238.1M

Previous: 203.6M+16.9%
Avg Net Sales per Case

$8.80

Previous: $8.70+1.1%
Distribution Expenses

$88.9M

Previous: $77.6M+14.6%
Distribution % of Sales

4.2%

Previous: 4.3%-2.3%
Selling Expenses

$220M

Previous: $193M+13.6%
Selling % of Sales

10.3%

Previous: 10.7%-3.7%
G&A Expenses

$332M

Previous: $350M-5.2%
G&A % of Sales

15.6%

Previous: 19.3%-19.2%
Stock-Based Compensation

$39M

Previous: $22.2M+75.7%
Net Income

$449M

Previous: $271M+65.9%
Operating Income

$543M

Previous: $381M+42.3%
Gross Profit

$1.18B

Previous: $1B+18.0%
Cash & Equivalents

$2.09B

No prior period
Total Assets

$9.99B

No prior period

Revenue & EPS history

Monster Beverage · Revenue · Quarterly

$2.13B

Q4 2025+17.6%vs Q4 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Monster Beverage · $1.86B total across 4 segments · Q3 2023

  • Monster Energy Drinks
    $1.71B+14.0%
  • Strategic Brands
    $98.8M+11.3%
  • Alcohol Brands
    $42.3M+57.8%
  • Other
    $6.7M+4.7%

Forward guidance

Management focuses on innovation pipeline and international expansion without quarterly EPS guide.

Tailwinds

  • Premium brand momentum and margin strength.
  • Global distribution footprint expanding.

Headwinds

  • Input cost and aluminum tariff sensitivity.
  • Competitive promotional activity in energy category.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.2%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+2.1%

Avg return

30 days after

58%

40 / 69 earnings

Positive

+15.7%

Q1 2016

Best reaction

-19.9%

Q2 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.6%+9.6%+16.1%
Q4 2025+1.5%-9.3%-17.1%
Q3 2025+5.1%+6.3%+11.2%
Q2 2025+0.0%-0.8%-2.6%
Q1 2025+1.5%+1.4%+5.4%
Q4 2024+5.3%+6.6%+11.4%
Q3 2024-0.6%+2.9%-4.0%
Q2 2024-11.4%-9.7%-4.2%
Q1 2024+2.7%+2.1%-3.0%
Q4 2023+5.3%+4.3%+5.6%
Q3 2023+7.6%+8.4%+6.9%
Q2 2023-4.4%-0.4%-1.9%
Q1 2023+2.3%+0.6%+1.9%
Q4 2022-3.0%-0.3%+2.6%
Q3 2022+6.8%+6.7%+13.4%
Q2 2022-4.9%-7.5%-8.0%
Q1 2022+0.0%-2.9%+2.5%
Q4 2021+6.5%+4.8%-0.9%
Q3 2021+4.9%+5.1%-4.1%
Q2 2021+5.4%+7.4%+6.1%
Q1 2021-3.4%-3.1%+1.0%
Q4 2020-0.6%-1.5%+3.9%
Q3 2020+0.7%-1.4%+5.7%
Q2 2020+6.8%+6.9%+6.2%
Q1 2020+7.3%+8.0%+17.8%
Q4 2019-5.3%-3.2%-14.4%
Q3 2019+3.9%+4.3%+7.2%
Q2 2019+3.3%-6.1%-5.0%
Q1 2019+8.9%+6.3%+6.8%
Q4 2018+8.7%+10.7%-7.1%
Q3 2018-1.2%-0.1%+4.8%
Q2 2018+2.0%+1.1%+0.9%
Q1 2018-7.9%-7.6%-0.9%
Q4 2017-15.5%-13.1%-10.8%
Q3 2017+1.3%+7.4%+9.2%
Q2 2017-1.6%+1.8%+6.6%
Q1 2017+5.6%+6.8%+14.1%
Q4 2016+14.3%+13.4%+11.4%
Q3 2016-6.3%-5.7%-7.6%
Q2 2016+3.0%+0.9%-2.5%
Q1 2016+15.7%
Q4 2015-1.2%
Q3 2015+13.1%
Q2 2015-3.2%
Q1 2015-8.5%
Q4 2014+14.0%
Q3 2014+9.3%
Q2 2014+5.2%
Q1 2014+2.9%
Q4 2013+4.2%
Q3 2013-4.7%
Q2 2013+2.0%
Q1 2013-5.6%
Q4 2012-1.3%
Q3 2012+1.8%
Q2 2012-19.9%
Q1 2012+9.6%
Q4 2011+0.7%
Q3 2011-4.7%
Q2 2011+11.0%
Q1 2010-0.7%
Q1 2011+1.2%
Q4 2008-3.7%
Q4 2010-3.7%
Q3 2010-2.8%
Q3 2009-2.8%
Q2 2010+1.6%
Q2 2009+1.6%
Q4 2009+1.6%

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