Companies /Consumer Defensive

Monster Beverage Corp

NASDAQ: MNST Beverages - Non-alcoholic
$42.84
▼ $0.31 (−0.72%) today
Markets closed · 2:04am ET

Q4 2025 Earnings

Reported Feb 26, 2026, 4:24pm ET · SEC source
$0.51
Beat +5.88%
EPS · est. $0.48 Adjusted

GAAP EPS of $0.46 includes $51.2 million in Alcohol Brands segment impairment charges (net of tax $0.04/share) and Alcohol Brands segment losses (net of tax $0.01/share). Non-GAAP adjusted EPS of $0.51 excludes these items.

$2.1B
Beat +4.24%
Revenue · est. $2.0B
−9.9%
Trailing market
MNST vs S&P since report
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+2%+4%Feb 26Feb 27report 4:24pm ETearnings−0.7%+2.3%
0+2%+4%Feb 26Feb 27earnings−0.7%+2.3%
MNST +2.3%S&P 500 −0.7%
0+2%+4%Feb 26Feb 27report 4:24pm ETearnings−0.6%+2.3%
0+2%+4%Feb 26Feb 27earnings−0.6%+2.3%
MNST +2.3%NASDAQ −0.6%
−8%−4%0Feb 25Mar 6report 4:24pm ETearnings−2.3%−10.5%
−8%−4%0Feb 25Mar 6earnings−2.3%−10.5%
MNST −10.5%S&P 500 −2.3%
−8%−4%0Feb 25Mar 6report 4:24pm ETearnings−1.4%−10.5%
−8%−4%0Feb 25Mar 6earnings−1.4%−10.5%
MNST −10.5%NASDAQ −1.4%
−1.57%
Day of report
−4.97%
Next session
−11.36%
One week
−15.05%
30 days

S&P 500 over the same 30 days: −5.20%.

Did MNST Beat Earnings? Q4 2025 Results

Monster Beverage capped fiscal 2025 with a notably strong fourth quarter, posting adjusted diluted EPS of $0.51 against a consensus estimate of $0.48, a beat of 5.88%, while net sales climbed 17.6% year-over-year to $2.13 billion, topping the $2.04 billion Wall Street expected by 4.24%. The primary engine behind the quarter's momentum was international expansion, with overseas sales surging 26.9% to $903.26 million and representing roughly 42% of total revenue, up from 39% a year ago, led by EMEA's 32.6% dollar growth. The core Monster Energy Drinks segment carried its weight as well, with net sales rising 18.9% to $1.99 billion, while a sharply lower effective tax rate of 21.0%, compared to 29.9% in Q4 2024, provided additional lift to the bottom line. The Alcohol Brands segment remained a drag, recording $51.20 million in impairment charges, though that figure was down considerably from $130.70 million a year earlier. For the full year, net sales reached $8.29 billion, up 10.7%, and the company, which has now eliminated its long-term debt entirely, signaled continued confidence through planned new product launches and a regional leadership restructuring aimed at accelerating growth across key geographies.

Key Takeaways
  • Strong international growth with net sales outside the US up 26.9%
  • EMEA net sales increased 32.6% in dollars
  • Monster Energy Drinks segment net sales up 18.9%
  • Pricing actions and supply chain optimization supporting margins
  • Energy drink case sales increased to 238.1 million from 203.6 million
  • Favorable foreign currency impact of $27.7 million on Q4 net sales
  • Lower effective tax rate of 21.0% vs 29.9% in prior year quarter
  • Reduced Alcohol Brands impairment charges ($51.2M vs $130.7M year ago)

“The global energy drink category demonstrated solid growth in 2025, driven by increased consumer demand. We delivered a strong close to the year in both our domestic and international markets, with record 2025 fourth quarter net sales increasing 17.6 percent and crossing the $2.0 billion threshold for the first time in the Company's history for a fiscal fourth quarter. Our net sales to customers outside the United States increased 26.9 percent in the 2025 fourth quarter to approximately 42 percent of total net sales. EMEA in particular, had a solid 2025 fourth quarter with increased net sales of 32.6 percent in dollars.”

Monster Beverage CEO, on the earnings call

Forward Guidance & Outlook

Monster Beverage expressed excitement about planned new product offerings for the remainder of 2026 and beyond, with innovation remaining central to its long-term growth strategy. The company announced regional leadership restructuring to advance growth, strategic initiatives, and regional performance, including new CEO roles for the Americas and EMEA & OSP regions.

MNST YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$600.0M$1.2B$1.8B$1.8B$2.1BRevenue$1.0B$1.2BGross Profit$381.2M$542.6MOperating Income$270.7M$449.2MNet Income
$0$600.0M$1.2B$1.8BRevenueGross ProfitOperating IncomeNet Income

MNST Revenue by Segment

Monster Energy Drinks$2.0B+18.9%
Strategic Brands$110.0M+7.8%
Alcohol Brands$29.0M−16.8%
Other$5.9M+15.1%

MNST Revenue by Geography

United States
Rest of World$903.3M+26.9%

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