Monster Beverage said net sales for Q1 2025 were $1.85 billion, a decrease of approximately $44.5 million or 2.3% from $1.90 billion in the prior-year period. Net changes in foreign currency exchange rates had an unfavorable impact on net sales of approximately $57.3 million. Net sales on a foreign currency adjusted basis increased 0.7%.

1. 01

   Monster Beverage said net sales for Q1 2025 were $1.85 billion, a decrease of approximately $44.5 million or 2.3% from $1.90 billion in the prior-year period. Net changes in foreign currency exchange rates had an unfavorable impact on net sales of approximately $57.3 million. Net sales on a foreign currency adjusted basis increased 0.7%.

2. 02

   The company said gross profit as a percentage of net sales for Q1 2025 increased to 56.5% from 54.1% in the prior-year period, citing the Pricing Actions and supply chain optimization as factors. Operating income was $569.7 million, an increase of 5.1%, and operating income as a percentage of net sales was 30.7%.

3. 03

   Monster Beverage said net sales for the Monster Energy® Drinks segment for Q1 2025 were $1.72 billion, a decrease of 0.8%, Strategic Brands net sales were $98.3 million, a decrease of 9.3%, and Alcohol Brands net sales were $34.7 million, a decrease of 38.1%.

4. 04

   The company said cash and cash equivalents as of March 31, 2025 were $1.90 billion, of which $1.25 billion was held by foreign subsidiaries. Operating cash flow for Q1 2025 was $507.6 million, compared to $412.1 million in the prior-year period.

Key figures

Quarter ended March 31, 2025

Revenue

$1.9B

Operating income

$570M

Net income

$443M

Gross profit

$1.0B

Operating cash flow

$508M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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