Form 8-K

8-K — Monster Beverage Corp

Accession: 0001104659-26-057188

Filed: 2026-05-07

Period: 2026-05-07

CIK: 0000865752

SIC: 2086 (BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — tm2613885d1_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (tm2613885d1_ex99-1.htm)

EX-99.2 — EXHIBIT 99.2 (tm2613885d1_ex99-2.htm)

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8-K (Primary)

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0000865752

2026-05-07

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 7, 2026

Monster

Beverage Corporation

(Exact name of registrant as specified in its

charter)

Delaware

(State or other jurisdiction of incorporation)

001-18761

47-1809393

(Commission

File Number)

(IRS

Employer Identification No.)

Monster Way

Corona,

California 92879

(Address

of principal executive offices and zip code)

(951)

739

- 6200

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since

last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17

CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR

240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the

Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the

Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which

registered

Common

Stock

MNST

Nasdaq

Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)

or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging

growth company ¨

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for

complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02. Results of Operations and Financial Condition.

On May 7, 2026, Monster Beverage

Corporation (the “Company”) issued a press release relating to its financial results for the first quarter ended March 31,

2026, a copy of which is furnished as Exhibit 99.1 hereto. The press release did not include certain financial statements, related footnotes

and certain other financial information that will be filed with the Securities and Exchange Commission as part of the Company’s

Quarterly Report on Form 10-Q.

May 7, 2026, the Company will conduct a conference call at 2:00 p.m. Pacific Time. The conference call will be open to all interested

investors through a live audio web broadcast via the internet at www.monsterbevcorp.com in the “Events & Presentations”

section. For those who are not able to listen to the live broadcast, the call will be archived for approximately one year on the website.

Item 7.01. Regulation FD Disclosure.

The Company’s investor

presentation containing scanner data for the first quarter ended March 31, 2026 is furnished as Exhibit 99.2 to this Current Report on

Form 8-K.

The information under Items

2.02 and 7.01 above (including Exhibits 99.1 and 99.2 hereto) is being furnished and shall not be deemed “filed” for purposes

of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it

be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific

reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit 99.1

Press Release dated May 7, 2026.

Exhibit 99.2

Investor Presentation.

Exhibit 104

The cover page from this Current Report on Form 8-K, formatted in iXBRL (Inline eXtensible Business Reporting Language).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,

the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Monster Beverage Corporation

Date: May 7, 2026

/s/ Hilton H. Schlosberg

Hilton H. Schlosberg

Vice Chairman of the Board of Directors and Chief Executive Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2613885d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

Investor Relations

Strategic Public Relations

PondelWilkinson Inc.

2945 Townsgate Road, Suite 200

Westlake Village, CA 91361

T         (310)

279 5980

W  www.pondel.com

CONTACTS:

NEWS

RELEASE

Mark Astrachan

SVP, Investor Relations &

Corporate Development

(951) 739-6200

Roger S. Pondel / Judy Lin

PondelWilkinson Inc.

(310) 279-5980

MONSTER BEVERAGE REPORTS 2026 FIRST QUARTER

FINANCIAL

RESULTS

2026 First Quarter Highlights

· Net

Sales rise 26.9 percent to $2.35 billion

· Operating

Income increases 28.1 percent to $730.0 million (24.1 percent to $733.5 million on a non-GAAP

adjusted basis)1

· Net

Income increases 28.6 percent to $569.5 million (24.6 percent to $572.4 million on a non-GAAP

adjusted basis)

· Net

Income Per Diluted Share increases 27.6 percent to $0.58 per share (23.7 percent to $0.58

per share on a non-GAAP adjusted basis)

1The tables at the end of this press release provide

a reconciliation of non-GAAP financial measures to the Company’s results, as reported under GAAP. (See “Reconciliation of

GAAP and Non-GAAP Information” below).

Corona, CA – May 7, 2026 –

Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2026.

Net sales for the 2026 first quarter increased

26.9 percent to $2.35 billion, from $1.85 billion in the same period last year. Net changes in foreign currency exchange rates had a

favorable impact on net sales for the 2026 first quarter of $89.3 million. Net sales on a foreign currency adjusted basis (non-GAAP)

increased 22.1 percent in the 2026 first quarter.

Net sales, excluding the Alcohol Brands segment

(non-GAAP), increased 27.5 percent in the 2026 first quarter. Net sales, excluding the Alcohol Brands segment, on a foreign currency

adjusted basis (non-GAAP), increased 22.6 percent in the 2026 first quarter.

Net sales for the Company’s Monster Energy®

Drinks segment, which primarily includes the Company’s Monster Energy® drinks, Reign Total Body Fuel® high performance

energy drinks, Reign Storm® total wellness energy drinks, Bang Energy® drinks and FLRTTM total wellness energy drinks,

increased 27.6 percent to $2.19 billion for the 2026 first quarter, from $1.72 billion for the 2025 first quarter. Net changes in foreign

currency exchange rates had a favorable impact on net sales for the Monster Energy® Drinks segment of approximately $82.0 million

for the 2026 first quarter. Net sales on a foreign currency adjusted basis (non-GAAP) for the Monster Energy® Drinks segment increased

22.8 percent in the 2026 first quarter.

(more)

Monster Beverage Corporation

2-2-2

Net sales for the Company’s Strategic Brands

segment, which primarily includes the various energy drink brands acquired from The Coca-Cola Company, as well as the Company’s

affordable energy brands, Predator® and Fury®, increased 28.9 percent to $126.7 million for the 2026 first quarter, from $98.3

million in the 2025 first quarter. Net changes in foreign currency exchange rates had a favorable impact on net sales for the Strategic

Brands segment of approximately $7.3 million for the 2026 first quarter. Net sales on a foreign currency adjusted basis (non-GAAP) for

the Strategic Brands segment increased 21.4 percent in the 2026 first quarter.

Net sales for the Alcohol Brands segment, which

is comprised of various craft beers, flavored malt beverages and hard seltzers, decreased 5.9 percent to $32.7 million for the 2026 first

quarter, from $34.7 million in the 2025 first quarter.

Net sales for the Company’s Other segment,

which primarily includes certain products of American Fruits and Flavors, LLC, a wholly owned subsidiary of the Company, sold to independent

third-party customers, decreased 12.0 percent to $5.3 million for the 2026 first quarter, from $6.0 million in the 2025 first quarter.

Net sales to customers outside the United States

increased 44.9 percent to $1.06 billion in the 2026 first quarter, from $733.2 million in the 2025 first quarter, representing approximately

45 percent and 40 percent of total reported net sales for the 2026 and 2025 first quarters, respectively. Net sales to customers outside

the United States, on a foreign currency adjusted basis (non-GAAP), increased 32.7 percent to $973.3 million in the 2026 first quarter.

Gross profit as a percentage of net sales for

the 2026 first quarter was 55.0 percent, compared with 56.5 percent in the 2025 first quarter. The decrease in gross profit as a percentage

of net sales for the 2026 first quarter was primarily the result of geographical sales mix, increased aluminum can costs and increased

freight-in costs, partially offset by pricing actions. The increase in freight-in costs was primarily the

result of out-of-orbit production due to increased demand. Adjusted gross profit (non-GAAP) as a percentage of net sales, excluding

the Alcohol Brands segment, for the 2026 first quarter was 55.3 percent, compared with 57.1 percent in the 2025 first quarter.

Distribution expenses for the 2026 first quarter

were $102.8 million, or 4.4 percent of net sales, compared with $77.6 million, or 4.2 percent of net sales, in the 2025 first quarter.

Selling expenses for the 2026 first quarter were

$195.0 million, or 8.3 percent of net sales, compared with $172.3 million, or 9.3 percent of net sales, in the 2025 first quarter.

General and administrative expenses for the 2026

first quarter were $265.5 million, or 11.3 percent of net sales, compared with $228.4 million, or 12.3 percent of net sales, for the

2025 first quarter. Stock-based compensation was $28.3 million for the 2026 first quarter, compared with $20.7 million in the 2025 first

quarter. The increase in stock-based compensation for the 2026 first quarter included $4.0 million related to certain equity awards that

contain a retirement clause.

Operating expenses for the 2026 first quarter

were $563.4 million, compared with $478.2 million in the 2025 first quarter. Adjusted operating expenses (non-GAAP) for the 2026 first

quarter were $549.3 million, compared with $447.5 million in the 2025 first quarter. Operating expenses as a percentage of net sales

for the 2026 first quarter were 23.9 percent, compared with 25.8 percent in the 2025 first quarter. Adjusted operating expenses (non-GAAP)

as a percentage of net sales, less alcohol, were 23.7 percent and 24.6 percent for the 2026 and 2025 first quarters, respectively.

(more)

Monster Beverage Corporation

3-3-3

Operating income for the 2026 first quarter increased

28.1 percent to $730.0 million, from $569.7 million in the 2025 first quarter. Adjusted operating income (non-GAAP) for the 2026 first

quarter increased 24.1 percent to $733.5 million, from $591.2 million in the 2025 first quarter.

The effective tax rate for the 2026 first quarter

was 24.1 percent, compared with 23.4 percent in the 2025 first quarter.

Net income for the 2026 first quarter increased

28.6 percent to $569.5 million, from $443.0 million in the 2025 first quarter. Adjusted net income (non-GAAP) for the 2026 first quarter

increased 24.6 percent to $572.4 million, from $459.5 million in the 2025 first quarter. Net income per diluted share for the 2026 first

quarter increased 27.6 percent to $0.58, from $0.45 in the 2025 first quarter. Adjusted net income per diluted share (non-GAAP) for the

2026 first quarter increased 23.7 percent to $0.58, from $0.47 in the first quarter of 2025.

Hilton H. Schlosberg, Chief Executive Officer,

said, “The global energy drink category continues to demonstrate solid growth, driven by increased consumer demand. We delivered

a strong start to the year, with net sales increasing 26.9 percent, operating income increasing 28.1 percent and net income per diluted

share increasing 27.6 percent for the 2026 first quarter. Net sales crossed the $2.0 billion threshold for the first time in the Company’s

history for a fiscal first quarter.

“Our net sales to customers outside the

United States increased 44.9 percent in the 2026 first quarter to approximately 45 percent of total net sales. This represents the highest

percentage of net sales to customers outside the United States recorded by the Company to date for a single quarter.

“We remain focused on the growth of our

existing core offerings as well as the continued introduction of product innovations, which remain central to our long-term growth strategy,”

Mr. Schlosberg added.

Share Repurchase Program

During the 2026 first quarter, the Company purchased

approximately 1.4 million shares of its common stock at an average purchase price of $73.86 per share, for a total amount of approximately

$100.0 million. As of May 6, 2026, approximately $400.0 million remained available for repurchase under the previously authorized

repurchase program.

Investor Conference Call

The Company will host an investor conference call

today, May 7, 2026, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The conference call will be open to all interested

investors through a live audio web broadcast via the internet at www.monsterbevcorp.com in the “Events & Presentations”

section. For those who are not able to listen to the live broadcast, the call will be archived for approximately one year on the website.

(more)

Monster Beverage Corporation

4-4-4

Monster Beverage Corporation

Based in Corona, California, Monster Beverage

Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company’s

subsidiaries develop and market energy drinks, including Monster Energy® drinks, Monster Energy Ultra® energy drinks, Juice Monster®

and Punch Monster® Energy + Juice energy drinks, Java Monster® and Monster Killer Brew® non-carbonated coffee + energy drinks,

Rehab® Monster® non-carbonated energy drinks, Monster Energy® Nitro energy drinks, Reign Total Body Fuel® high performance

energy drinks, Reign Storm® and StormTM total wellness energy drinks, NOS® energy drinks, Full Throttle® energy

drinks, Bang Energy® drinks, FLRTTM total wellness energy drinks, BPM® energy drinks, BU® energy drinks, Burn®

energy drinks, Live+® energy drinks, Mother® energy drinks, Nalu® energy drinks, Play® and Power Play® (stylized)

energy drinks, Relentless® energy drinks, Samurai® energy drinks, Ultra Energy® drinks, Predator® energy drinks and Fury®

energy drinks. The Company’s subsidiaries also develop and market craft beers, flavored malt beverages and hard seltzers under

a number of brands, including Jai Alai® IPA, Dale’s Pale Ale®, Dallas Blonde®, Wild Basin® hard seltzers, The BeastTM,

Beast® Tea, Blind Lemon® and Blinder Lemon™. For more information visit www.monsterbevcorp.com.

(more)

Monster Beverage Corporation

5-5-5

Caution Concerning Forward-Looking Statements

Certain statements made in this announcement

may constitute “forward-looking statements” within the meaning of the U.S. federal securities laws, as amended, regarding

the expectations of management with respect to our future operating results and other future events including revenues and profitability.

The Company cautions that these statements are based on management’s current knowledge and expectations and are subject to certain

risks and uncertainties, many of which are outside of the control of the Company, that could cause actual results and events to differ

materially from the statements made herein. Such risks and uncertainties include, but are not limited to, the following: our ability

to sustain and/or surpass the current level of sales of our products, to adapt to changing consumer preferences, and to effectively respond

to competitive products and pricing pressures; our ability to implement our growth strategy, including expanding our business in existing

and new sectors and achieving profitability within our Alcohol Brands segment; our ability to adapt to the changing retail landscape

with the rapid growth in e-commerce retailers and e-commerce websites; our ability to absorb, reduce or pass on to our bottlers/distributors

increases in costs and expenses, including, but not limited to, increases to the cost of aluminum and other raw materials, the Midwest

Premium, and freight costs; the impact of the current U.S. presidential administration’s policies on our energy drinks due to concerns

about sugar-sweetened beverages, particular ingredients, such as food dyes, and the “generally recognized as safe” (GRAS)

process; the impact of proposed or adopted domestic and/or foreign legislation to limit or restrict the sale of energy drinks (including

the prohibition of the sale of energy drinks to certain demographics, at certain establishments, in certain container sizes or pursuant

to certain governmental programs, such as the Supplemental Nutrition Assistance Program (SNAP)); the impact of changes in U.S. trade

policies, including the imposition of additional tariffs; the impact of adverse changes in our costs, our supply chain, inflation or

consumer demand for our products; the imposition of new and/or increased excise sales and/or other taxes on our products; our extensive

commercial arrangements with The Coca-Cola Company (TCCC) and, as a result, our future performance’s substantial dependence on

the success of our relationship with TCCC; the effects of unilateral decisions by bottlers/distributors and/or retailers on our business,

including their distribution and placement of our products, their consolidation, their discontinuation, or restriction of the range of,

all or any of our products that they carry, their limitations on the sale or sizes of our products, and/or their allocation of less resources

to the sale of our products; changes in the price and/or availability of raw materials and other supply chain issues, such as the availability

of products, suitable production facilities and/or co-packing arrangements; possible recalls of our products and/or the consequences

and costs of defective production; disruption to our manufacturing facilities and operations related to climate, labor, production difficulties,

capacity limitations, regulations or other causes; disruption to and/or lack of effectiveness of our information technology systems,

including internal and external cybersecurity threats and breaches; adverse publicity surrounding obesity, alcohol consumption and other

health concerns related to our products, product safety and quality; liabilities resulting from legal or regulatory proceedings, government

investigations, and/or injunctions; the inherent operational risks, including the abuse or misuse of our products presented by the alcoholic

beverage industry and/or related claims that may not be adequately covered by insurance or may lead to litigation; the current uncertainty

and volatility in the national and global economy and changes in demand due to such economic conditions, including a slowdown in consumer

spending generally; and the impact of military conflicts, including supply chain disruptions, volatility in commodity prices, increased

economic uncertainty and escalating geopolitical tensions. For a more detailed discussion of these and other risks that could affect

our operating results, see the Company’s reports filed with the Securities and Exchange Commission, including our annual report

on Form 10-K for the year ended December 31, 2025. The Company’s actual results could differ materially from those contained

in the forward-looking statements. The Company assumes no obligation to update any forward-looking statements, whether as a result of

new information, future events or otherwise.

# # #

(tables below)

MONSTER BEVERAGE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND OTHER INFORMATION

FOR THE THREE-MONTHS ENDED MARCH 31, 2026 AND 2025

(In Thousands, Except Per Share

Amounts) (Unaudited)

Three-Months Ended

March 31,

2026

2025

Net sales1

$ 2,353,291

$ 1,854,558

Cost of sales

1,059,942

806,596

Gross profit1

1,293,349

1,047,962

Gross profit as a percentage of net sales

55.0 %

56.5 %

Operating expenses

563,391

478,217

Operating expenses as a percentage of

net sales

23.9 %

25.8 %

Operating income1

729,958

569,745

Operating income as a percentage of net sales

31.0 %

30.7 %

Interest and other income, net

20,170

8,272

Income before provision for income taxes1

750,128

578,017

Provision for income taxes

180,643

135,024

Income taxes as a percentage of income before taxes

24.1 %

23.4 %

Net income

$ 569,485

$ 442,993

Net income as a percentage of net sales

24.2 %

23.9 %

Net income per common share:

Basic

$ 0.58

$ 0.45

Diluted

$ 0.58

$ 0.45

Weighted average number of shares of common stock and common

stock equivalents:

Basic

978,309

973,622

Diluted

988,258

981,282

Energy drink case sales (in thousands) (in 192-ounce case

equivalents)

274,460

213,100

Average

net sales per case2

$ 8.44

$ 8.51

1Includes $9.9 million for both the three-months

ended March 31, 2026 and 2025, related to the recognition of deferred revenue.

2Excludes Alcohol Brands segment

and Other segment net sales.

MONSTER BEVERAGE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

AS OF MARCH 31, 2026 AND DECEMBER 31, 2025

(In Thousands, Except Par Value)

(Unaudited)

March 31,

2026

December 31,

2025

ASSETS

CURRENT ASSETS:

Cash and cash equivalents

$ 2,039,700

$ 2,088,117

Short-term investments

945,293

677,084

Accounts receivable, net

1,882,808

1,618,072

Inventories

828,260

799,623

Prepaid expenses and other current assets

166,477

103,551

Prepaid income taxes

49,073

74,637

Total current assets

5,911,611

5,361,084

INVESTMENTS

770,400

487,329

PROPERTY AND EQUIPMENT, net

1,074,598

1,081,544

DEFERRED INCOME TAXES, net

189,055

188,646

GOODWILL

1,331,643

OTHER INTANGIBLE ASSETS, net

1,380,311

1,379,268

OTHER ASSETS

185,915

159,431

Total Assets

$ 10,843,533

$ 9,988,945

LIABILITIES AND STOCKHOLDERS’

EQUITY

CURRENT LIABILITIES:

Accounts payable

$ 783,859

$ 565,974

Accrued liabilities

396,864

306,085

Accrued promotional allowances

402,440

384,070

Deferred revenue

46,448

45,323

Accrued compensation

69,740

114,023

Income taxes payable

115,713

32,305

Total current liabilities

1,815,064

1,447,780

DEFERRED REVENUE

155,281

159,991

OTHER LIABILITIES

146,153

127,066

STOCKHOLDERS’ EQUITY:

Common stock - $0.005 par value;

5,000,000 shares authorized;

1,134,502 shares issued and 977,916 shares outstanding as of March 31, 2026;

1,132,906

shares issued and 978,113 shares outstanding as of December 31, 2025

5,673

5,665

Additional paid-in capital

5,476,746

5,430,847

Retained earnings

9,923,701

9,354,216

Accumulated other comprehensive loss

(69,336 )

(60,841 )

Common

stock in treasury, at cost; 156,586 shares and 154,793 shares as of March 31, 2026 and December 31, 2025, respectively

(6,609,749 )

(6,475,779 )

Total stockholders’

equity

8,727,035

8,254,108

Total Liabilities

and Stockholders’ Equity

$ 10,843,533

$ 9,988,945

Reconciliation of GAAP and Non-GAAP Information

($ in Thousands, Except Per Share Amounts,

unaudited)

The Company believes the following non-GAAP items

are useful to investors in evaluating the Company’s ongoing operating and financial results. The non-GAAP items should be considered

in addition to, and not in lieu of, U.S. GAAP financial measures. The non-GAAP financial measures do not represent a comprehensive basis

of accounting. Therefore, our non-GAAP financial measures may not be comparable to similarly titled measures reported by other companies.

Three-Months Ended

Percentage

March 31,

Change

2026

2025

26 vs.

Net Sales

$ 2,353,291

$ 1,854,558

26.9 %

Currency Impact

(89,277 )

N/A

Adjusted Net Sales – FX Neutral

$ 2,264,014

$ 1,854,558

22.1 %

Three-Months Ended

Percentage

March 31,

Change

2026

2025

26 vs.

Net Sales

$ 2,353,291

$ 1,854,558

26.9 %

Alcohol Brands Segment

(32,657 )

(34,703 )

Adjusted Net Sales – Less Alcohol

$ 2,320,634

$ 1,819,855

27.5 %

Three-Months Ended

Percentage

March 31,

Change

2026

2025

26 vs.

Net Sales

$ 2,353,291

$ 1,854,558

26.9 %

Alcohol Brands Segment

(32,657 )

(34,703 )

Currency Impact

(89,277 )

N/A

Adjusted Net Sales – FX Neutral/Less

Alcohol

$ 2,231,357

$ 1,819,855

22.6 %

Monster Energy® Drinks Segment

Three-Months Ended

Percentage

March 31,

Change

2026

2025

26 vs.

Net Sales

$ 2,188,654

$ 1,715,548

27.6 %

Currency Impact

(81,955 )

N/A

Adjusted Net Sales

$ 2,106,699

$ 1,715,548

22.8 %

Strategic Brands Segment

Three-Months Ended

Percentage

March 31,

Change

2026

2025

26 vs.

Net Sales

$ 126,720

$ 98,332

28.9 %

Currency Impact

(7,322 )

N/A

Adjusted Net Sales

$ 119,398

$ 98,332

21.4 %

Foreign

Three-Months Ended

Percentage

March 31,

Change

2026

2025

26 vs.

Net Sales

$ 1,062,545

$ 733,202

44.9 %

Currency Impact

(89,277 )

N/A

Adjusted Net Sales

$ 973,268

$ 733,202

32.7 %

Reconciliation of GAAP and Non-GAAP Information

($ in Thousands, Except Per Share Amounts,

unaudited) - continued

Three-Months Ended

Percentage

March 31,

Change

2026

2025

26 vs.

Gross Profit

$ 1,293,349

$ 1,047,962

23.4 %

Alcohol

Brands Segment1

(10,510 )

(9,267 )

Adjusted Gross Profit

$ 1,282,839

$ 1,038,695

23.5 %

Adjusted Gross Profit as a Percentage of Adjusted Net Sales

– Less Alcohol

55.3 %

57.1 %

Three-Months Ended

Percentage

March 31,

Change

2026

2025

26 vs.

Operating Expenses

$ 563,391

$ 478,217

17.8 %

Alcohol

Brands Segment – Impairments2

(67 )

(2,369 )

Alcohol

Brands Segment – Operations1

(20,090 )

(28,388 )

Litigation Provisions/Adjustments

6,093

Adjusted Operating Expenses

$ 549,327

$ 447,460

22.8 %

Adjusted Operating Expenses as a percentage of Adjusted Net

Sales – Less Alcohol

23.7 %

24.6 %

Three-Months Ended

Percentage

March 31,

Change

2026

2025

26 vs.

Operating Income

$ 729,958

$ 569,745

28.1 %

Alcohol

Brands Segment – Impairments2

2,369

Alcohol

Brands Segment – Losses1

9,580

19,121

Litigation Provisions/Adjustments

(6,093 )

Adjusted Operating

Income

$ 733,512

$ 591,235

24.1 %

Three-Months Ended

Percentage

March 31,

Change

2026

2025

26 vs.

Net Income

$ 569,485

$ 442,993

28.6 %

Alcohol

Brands Segment – Impairments2

1,821

Alcohol

Brands Segment – Losses1

7,435

14,714

Litigation Provisions/Adjustments

(4,588 )

Adjusted Net Income

$ 572,384

$ 459,528

24.6 %

Adjustments in this table are net

of tax.

Three-Months Ended

Percentage

March 31,

Change

2026

2025

26 vs.

Net Income per common share - Diluted

$ 0.58

$ 0.45

27.6 %

Alcohol

Brands Segment – Impairments2

Alcohol

Brands Segment – Losses1

0.01

0.02

Litigation Provisions/Adjustments

(0.01 )

Adjusted Net Income per common share

- Diluted

$ 0.58

$ 0.47

23.7 %

Adjustments in this table are net of tax.

1Includes $1.2 million of inventory reserves for the

three-months ended March 31, 2025.

2Includes $0.1 million and $2.4 million of Alcohol Brands

segment impairment charges for the three-months ended March 31, 2026 and 2025, respectively.

EX-99.2 — EXHIBIT 99.2

EX-99.2

Filename: tm2613885d1_ex99-2.htm · Sequence: 3

Exhibit 99.2

The information presented herein is derived from Monster Energy Company’s proprietary, custom NielsenIQ database (and is not derived from our, or any industry participant’s, financial statements). While such information is based on data received from NielsenIQ , the results reported in this presentation may vary from those found in publicly available syndicated sources such as NielsenIQ and IRI Circana due to differing definitions of the energy drinks category and other factors. Further, Monster Energy Company has not independently verified industry data collected or provided by Nielsen and makes no representations as to its accuracy or completeness. Data provided by NielsenIQ (and other third - party sources), as well as our analysis of such data, involve a variety of assumptions and methodologies that are subject to uncertainties, and therefore you are cautioned not to give undue weight to the information contained in this presentation.

UNITED STATES SCANNER DATA Source: NielsenIQ p eriod ending 04/25/2026 TNA Energy $ % Change YA Total U.S. All Measured Channels (13 - weeks) 10.7% TOTAL NON - ALCOHOLIC (TNA) ENERGY (Total U.S. xAOC + Conv) 6.7% MEC 10.7% MONSTER - 18.7% REIGN - 5.4% NOS - 19.7% BANG - 5.4% FULL THROTTLE 7.4% RED BULL $ Share Change YA $ Share $ % Change YA U.S. Convenience & Gas (4 - weeks) 4.9% TNA ENERGY - 0.4 35.7 3.8% MEC 0.8 29.6 7.8% MONSTER - 0.5 2.0 - 15.9% REIGN - 0.2 2.3 - 2.9% NOS - 0.4 1.3 - 22.6% BANG 0.0 0.6 - 2.6% FULL THROTTLE - 1.3 35.5 1.2% RED BULL - 0.6 7.2 - 2.6% CELSIUS 2.4 5.3 95.3% ALANI NU - 0.4 2.1 - 10.0% ROCKSTAR - 0.3 3.2 - 5.0% C4 0.4 3.3 19.4% GHOST - 0.4 2.4 - 9.5% 5 - HOUR - 3.2% COFFEE + ENERGY CATEGORY 1.0 63.0 - 1.7% MEC - 0.2 36.5 - 3.8% STARBUCKS Note: Canada data reflects the 12 - week period ending 07/12/2025.

CANADA SCANNER DATA Source: NielsenIQ Total Canada All Channels 12 Weeks ending 04/18/2026 $ Share Change YA $ Share $ % Change YA Total Canada All Measured Channels 15.8% TNA Energy - 1.3 39.6 12.1% MEC - 0.5 35.5 14.3% Monster - 0.1 1.6 7.3% Reign - 0.2 0.9 - 3.6% NOS - 0.2 0.6 - 9.0% Bang - 0.3 0.5 - 29.3% Reign Storm 0.0 0.4 5.5% Full Throttle

EMEA SCANNER DATA % Share Change YA € Share € % Change YA 2.1% 20.0% 23.3% BELGIUM 3.5% 28.0% 33.2% CZECH REPUBLIC 3.0% 30.5% 22.1% DENMARK 3.9% 31.1% 37.5% FRANCE 2.4% 35.7% 18.5% GREAT BRITAIN 2.5% 38.5% 15.0% GREECE 2.8% 20.9% 29.4% GERMANY 1.5% 33.2% 17.4% ITALY 5.2% 15.8% 65.9% NETHERLANDS 4.2% 41.1% 15.0% NORWAY 2.3% 23.2% 24.5% POLAND 1.5% 34.3% 13.4% REPUBLIC OF IRELAND - 1.0% 17.9% 11.3% SOUTH AFRICA 0.7% 41.2% 13.5% SPAIN 4.3% 19.0% 39.1% SWEDEN % Change YA € Share € % Change YA 3.5% 14.9% 105.1% EGYPT 4.8% 46.9% 18.2% KENYA 1.2% 25.0% 17.7% NIGERIA Note: Kenya reflects the 13 - week period ended February 28, 2026. Nigeria and Egypt reflect the 13 - week period ended March 28, 2026. Belgium, Czech Republic, Denmark, France, Greece, Germany, Italy, Netherlands, Norway, Poland, Republic of Ireland, South Africa, Spain, and Sweden reflect the 13 - week period ended March 22, 2026. Great Britain reflects the 13 - week period ended March 21, 2026. The data source for EMEA is Nielsen IQ. All amounts are MEC. EMEA ALL MEASURED CHANNELS ENERGY DRINK CATEGORY GROWTH 10.5% € % Value Sales Change YA Monster, Total All Measured Channels Predator/Fury, Total All Measured Channels

ASIA PACIFIC SCANNER DATA Note: Australia reflect the 13 - week period ending March 29, 2026. New Zealand reflect the 13 - week period ending March 29, 2026. Asia Pacific country data reflects the months of January – March 2026. Japan data source is Intage , Australia is Circana. All other is Nielsen IQ. 16 .7% $ % Change YA ASIA PACIFIC ALL MEASURED CHANNELS ENERGY DRINK CATEGORY GROWTH $ Share Change YA $ Share $ % Change YA 16.3% TOTAL ENERGY 3.9 25.2% 37.4% MONSTER - 2.5 7.0% - 14.1% MOTHER AUSTRALIA $ Share Change YA $ Share $ % Change YA 7.2% TOTAL ENERGY 4.0 18.8% 36.4% MONSTER - 0.9 4.6% - 10.6% MOTHER - 0.7 3.9% - 8.3% LIVE+ $ Share Change YA $ Share $ % Change YA 5.9% TOTAL ENERGY 1.4 56.8% 8.6% MONSTER 0.6 0.6% REIGN STORM $ Share Change YA $ Share $ % Change YA 16.8% TOTAL ENERGY - 5.5 46.2% 4.4% MONSTER NEW ZEALAND SOUTH KOREA JAPAN Total All Measured Channels

LATIN AMERICA SCANNER DATA 15.6% $ % Change YA LATIN AMERICA ALL MEASURED CHANNELS ENERGY DRINK CATEGORY GROWTH $ Share Change YA $ Share $ % Change YA 9.2% TOTAL ENERGY 2.5 33.5 18.2% MONSTER 0.6 7.0 20.3% PREDATOR MEXICO $ Share Change YA $ Share $ % Change YA 41.4% TOTAL ENERGY 4.4 55.9 53.5% MONSTER $ Share Change YA $ Share $ % Change YA 9.9% TOTAL ENERGY - 1.3 38.8 6.4% MONSTER CHILE ARGENTINA Total All Measured Channels $ Share Change YA $ Share $ % Change YA 15.3% TOTAL ENERGY 4.2 46.2 26.9% MONSTER BRAZIL Note: Latin America data reflects the three - months ending March 31, 2026 All tracked markets are FX neutral. The data source for Latin America is NielsenIQ .

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