Companies /Consumer Defensive

Monster Beverage Corp

NASDAQ: MNST Beverages - Non-alcoholic
$42.84
▼ $0.31 (−0.72%) today
Markets closed · 2:03am ET

Q2 2025 Earnings

Reported Aug 7, 2025, 4:22pm ET · SEC source
$0.52
Beat +8.27%
EPS · est. $0.48
$2.1B
Beat +1.34%
Revenue · est. $2.1B
−5.2%
Trailing market
MNST vs S&P since report
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−3%0+3%+6%Aug 7Aug 8report 4:22pm ETearnings+0.8%+3.0%
−3%0+3%+6%Aug 7Aug 8earnings+0.8%+3.0%
MNST +3.0%S&P 500 +0.8%
−3%0+3%+6%Aug 7Aug 8report 4:22pm ETearnings+1.1%+3.0%
−3%0+3%+6%Aug 7Aug 8earnings+1.1%+3.0%
MNST +3.0%NASDAQ +1.1%
−4%0+4%Aug 6Aug 15report 4:22pm ETearnings+1.6%+3.5%
−4%0+4%Aug 6Aug 15earnings+1.6%+3.5%
MNST +3.5%S&P 500 +1.6%
−4%0+4%Aug 6Aug 15report 4:22pm ETearnings+1.3%+3.5%
−4%0+4%Aug 6Aug 15earnings+1.3%+3.5%
MNST +3.5%NASDAQ +1.3%
+6.40%
Day of report
−1.59%
Next session
−0.08%
One week
−2.88%
30 days

S&P 500 over the same 30 days: +2.36%.

Did MNST Beat Earnings? Q2 2025 Results

Monster Beverage posted a standout second quarter, with adjusted diluted EPS of $0.52 beating the $0.48 consensus by 8.27% and net sales of $2.11 billion edging past the $2.08 billion estimate by 1.34%, representing 11.1% growth year over year. The headline beat was underpinned by a meaningful expansion in gross margin, which widened to 55.7% from 53.6% a year ago, as pricing actions, supply chain optimization, and easing input costs more than offset geographic mix headwinds and higher promotional allowances. The core Monster Energy Drinks segment led the charge, with net sales climbing 11.2% to $1.94 billion, while the Strategic Brands segment added further momentum with an 18.9% gain to $129.89 million; international sales were a particular bright spot, rising 15.8% to $864.22 million and representing roughly 41% of total revenue. Operating income rose 19.8% to $631.62 million, reflecting the improved margin structure. Shares jumped more than 7% in after-hours trading following the results, underscoring investor confidence in the company's demand trajectory and pricing power.

Key Takeaways
  • Pricing actions driving gross margin expansion
  • Supply chain optimization and lower input costs
  • Strong international sales growth of 15.8%, representing 41% of total net sales
  • Energy drink case sales increased to 249,336 thousand from 212,194 thousand year-over-year
  • Monster Energy Drinks segment net sales up 11.2%
  • Strategic Brands segment net sales up 18.9%
  • Increased household penetration and per capita consumption of energy drinks

“We achieved record net sales for the second quarter, exceeding the $2.0 billion mark for the first time, underscoring the strength of our brands, talent of our team, and continued appeal of our products around the world. The quarter's performance also reflects the success of our product innovations, which are resonating strongly with consumers.”

Monster Beverage CEO, on the earnings call

MNST YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$600.0M$1.2B$1.8B$1.9B$2.1BRevenue$1.0B$1.2BGross Profit$527.1M$631.6MOperating Income$425.4M$488.8MNet Income
$0$600.0M$1.2B$1.8BRevenueGross ProfitOperating IncomeNet Income

MNST Revenue by Segment

Monster Energy Drinks$1.9B+11.2%
Strategic Brands$129.9M+18.9%
Alcohol Brands$38.0M−8.6%
Other$6.4M−8.5%

MNST Revenue by Geography

United States
Rest of World$864.2M+15.8%

Figures from SEC filings and company reports. Not investment advice.