Monster Beverage reports Q1 non-GAAP EPS 58c, consensus 53c

Reports Q1 revenue $2.35B, consensus $2.16B. Hilton Schlosberg, CEO, 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%, operating income increasing 28.1% and net income per diluted share increasing 27.6% for the 2026 first quarter. Net sales crossed the $2.0B 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% in the 2026 first quarter to approximately 45% 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.”