Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Monster Beverage (MNST) delivered strong Q1 FY2026 results with revenue surging 26.9% YoY to $2.35B, driven by robust top-line growth, while operating income rose 28.1% to $730M despite a slight compression in gross margin.
Revenue
$2.35B
+26.89% YoY
Gross Margin
55.0%
-1.5 pts YoY
Operating Income
$729.96M
+28.12% YoY
Source: SEC XBRL
Monster Beverage (MNST) reported Q1 FY2026 revenue of $2.35B, up 26.9% year over year. Operating margin was 31.0%, up 0.3 points from 30.7% a year earlier. Operating cash flow was $604.99M, up 19.2% year over year. MNST's fiscal Q1 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 4 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 0.60 | 0.59 | Beat +1.1% |
| Mar 2026This filing | 0.58 | 0.54 | Beat +8.3% |
| Dec 2025 | 0.51 | 0.49 | Beat +3.5% |
| Sep 2025 | 0.56 | 0.49 | Beat +13.7% |
Reported EPS of $0.58 versus the $0.54 analyst consensus — a +8.3% beat for Mar 2026.
Compiled by AI from this SEC filing
Revenue grew 26.9% YoY to $2.35B in Q1 FY2026 from $1.85B in the prior-year period, reflecting continued strong demand for Monster's energy drink portfolio and expansion across distribution channels.
Source: 10-Q Income Statement
Gross margin declined approximately 150 basis points YoY to 55.0% from 56.5%, as cost of revenue grew faster (31.4% YoY) than revenue (26.9% YoY), suggesting input cost pressures or unfavorable product/geographic mix shifts.
Source: 10-Q Income Statement
Despite gross margin headwinds, operating margin improved slightly by ~30 basis points to 31.0% from 30.7%, indicating effective operating expense management that partially offset higher cost of goods sold.
Source: 10-Q Income Statement
Investing cash flow swung sharply to -$520.7M from -$30.9M in the prior year period (a -1,587.5% change), suggesting a major acquisition, capital expenditure, or investment activity during Q1 FY2026.
Source: 10-Q Cash Flow Statement
Share repurchases surged 705.4% YoY to $134.0M from $16.6M, signaling management's confidence in the company's financial position and commitment to returning capital to shareholders.
Source: 10-Q Cash Flow Statement
Compiled by AI from this SEC filing · 1 high, 3 medium, 1 low
Cost of revenue grew 31.4% YoY, outpacing revenue growth of 26.9%, compressing gross margin by ~150 bps to 55.0%. Sustained commodity, packaging, or logistics cost inflation could further erode profitability if pricing power is insufficient to offset these pressures.
Source: 10-Q Income Statement
Investing cash outflows surged to -$520.7M in Q1 FY2026 versus -$30.9M in Q1 FY2025, a dramatic increase that may reflect a significant acquisition or capital deployment. Integration risks, overpayment risk, or delayed returns on such investments could weigh on future financial performance.
Source: 10-Q Cash Flow Statement
Current liabilities increased 48.1% YoY to $1.82B, growing faster than current assets (43.0% YoY), which caused the current ratio to remain healthy at 3.26 but trending in a direction that warrants monitoring. Continued acceleration in short-term obligations could pressure near-term liquidity.
Source: 10-Q Balance Sheet
Monster Beverage's revenue is heavily concentrated in the energy drink segment, making it vulnerable to shifts in consumer preferences, regulatory scrutiny of energy drinks (e.g., caffeine content regulations), or competitive pressure from new entrants and established beverage companies.
Source: 10-Q Income Statement
With significant international operations, Monster is exposed to currency fluctuation risk that can impact reported revenues and margins. A strengthening U.S. dollar could reduce the translated value of international sales and compress reported growth rates.
Source: 10-Q Income Statement
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 2.35 $B | 1.85 $B | +26.89% |
Cost of Revenue $B | 1.06 $B | 0.81 $B | +31.41% |
Gross Profit $B | 1.29 $B | 1.05 $B | +23.42% |
Operating Income $M | 729.96 $M | 569.75 $M | +28.12% |
Answers draw on this SEC filing and the data on this page
Monster Beverage delivered strong Q2 FY2026 growth driven by global Monster Energy demand and pricing actions, though increased marketing spending pressured operating margins.
Monster Beverage (MNST) delivered strong FY2025 results with revenue growing 10.7% to $8.29B and operating income surging 25.3% to $2.42B, driven by meaningful margin expansion and a robust balance sheet bolstered by $2.09B in cash.
Other companies in Soft Drinks & Non-alcoholic Beverages