Monster Beverage Tops Q3 2026 Estimates as Revenue Rises 17% to $2.56B

Monster Beverage (MNST) topped estimates for the third quarter of 2026. Revenue was $2.56 billion, up 17% from a year earlier, above the $2.49 billion estimate, and adjusted EPS was $0.30, up 7.1% from a year earlier, in line with the $0.30 estimate.

Shares fell 3.2% in after-hours trading as of 4:13 p.m. ET, to $46.30 from a $47.83 close.

Q3 2026 scorecard

By our calculation, revenue was $70.0 million above the estimate. The QoQ column compares with the previous quarter's revenue of $2.54 billion and adjusted EPS of $0.30. The YoY column compares with $2.20 billion and $0.28 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 6 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 7 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $2.20 billion, $2.13 billion, $2.35 billion, $2.54 billion and $2.56 billion.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $0.28 and revenue of $2.38 billion next quarter, based on 9 analysts.
• Next report. Monster Beverage is next expected to report on March 4, 2027.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 17% increase to $2.56 billion.
• Related coverage. See our reports on ePlus, Northern Oil and Gas, Live Nation Entertainment and Applied Optoelectronics.

Sources: Results are from Monster Beverage's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Monster Beverage's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.