Monster Beverage delivered adjusted earnings of $0.51 per share in the fourth quarter, topping the consensus of $0.49 and marking a 30.4% year-over-year increase. Net sales reached $2.13 billion, outpacing the $2.05 billion estimate and rising 17.6% on strength in core energy drinks and zero-sugar innovations.

Sales in Europe, Middle East and Africa jumped 32.6%, while Asia-Pacific grew 11.5%. Latin America net sales surged 90.8% in dollars (15.1% currency-neutral), and U.S. and Canada revenues climbed 13.3% driven by Monster Energy Ultra line expansion.

The Monster Energy Drinks segment generated $1.99 billion in revenue, an 18.9% increase (17.5% currency-adjusted). Strategic Brands grew 7.8% to $110 million, while Alcohol Brands declined 16.8% to $29 million, reflecting shifting consumer demand.

Gross margin expanded 20 basis points to 55.5% due to pricing actions and supply-chain efficiencies offsetting higher aluminum and packaging costs. Adjusted operating expenses rose 21.4%, and management flagged near-term input and packaging cost pressures but remains optimistic on 2026 innovation and geographic expansion opportunities.