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CORONA, Calif., USA – Monster Beverage Corporation reported financial results for the three- and six-months ended June 30, 2025. Net sales for the 2025 second quarter increased 11.1 percent to $2.11 billion, from $1.90 billion in the same period last year. Net changes in foreign currency exchange rates had an unfavorable impact on net sales for the 2025 second quarter of $5.0 million. Net sales on a foreign currency adjusted basis (non-GAAP) increased 11.4 percent in the 2025 second quarter.
Net sales, excluding the Alcohol Brands segment, on a foreign currency adjusted basis (non-GAAP), increased 11.8 percent in the 2025 second 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 and Bang Energy® drinks, increased 11.2 percent to $1.94 billion for the 2025 second quarter, from $1.74 billion for the 2024 second quarter. Net changes in foreign currency exchange rates had an unfavorable impact on net sales for the Monster Energy® Drinks segment of approximately $4.8 million for the 2025 second quarter. Net sales on a foreign currency adjusted basis (non-GAAP) for the Monster Energy® Drinks segment increased 11.4 percent in the 2025 second quarter.
Net sales for the six-months ended June 30, 2025 increased 4.4 percent to $3.97 billion, from $3.80 billion in the comparable period last year. Net changes in foreign currency exchange rates had an unfavorable impact of $62.4 million on net sales for the six-months ended June 30, 2025.
Net sales on a foreign currency adjusted basis (non-GAAP) increased 6.0 percent in the six-months ended June 30, 2025. Net sales, excluding the Alcohol Brands segment, on a foreign currency adjusted basis (non-GAAP), increased 6.9 percent in the six-months ended June 30, 2025.
Gross profit as a percentage of net sales for the six-months ended June 30, 2025 was 56.1 percent, compared with 53.9 percent in the comparable period last year.
Operating expenses for the six-months ended June 30, 2025 were $1.02 billion, compared with $977.5 million in the comparable period last year.
Operating income for the six-months ended June 30, 2025 increased to $1.20 billion, from $1.07 billion in the comparable period last year.
The effective tax rate for the six-months ended June 30, 2025 was 23.9 percent, compared with 23.2 percent in the comparable period last year.
Net income for the six-months ended June 30, 2025 increased 7.4 percent to $931.8 million, from $867.4 million in the comparable period last year. Net income per diluted share for the six-months ended June 30, 2025 was $0.95, compared with $0.83 in the comparable period last year.
