---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-086151"
form_type: "8-K"
ticker: "MNST"
cik: "0000865752"
company_name: "Monster Beverage Corp"
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:41:32.355922+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.82
calibrated_materiality_score: 0.82
confidence: "high"
source: SEC EDGAR
---

# Monster Beverage Q2 net income down 32.3% to $273.4M; gross margin drops to 47.1%

## Summary
- Net sales up 13.2% to $1.66B record, but net income falls 32.3% to $273.4M ($0.51 EPS vs $0.75).
- Gross margin sinks to 47.1% from 57.2% due to higher freight, aluminum, and input costs.
- Price increase effective Sept 1, 2022 in US; additional international price hikes planned.
- Alcohol brand 'The Beast Unleashed' launching Q4 2022, initially through beer distributors.
- Company repurchased 3.3M shares for $284.1M in Q2; $657.4M remaining under buyback.

## SEC filing metadata
- accession: 0001104659-22-086151
- form_type: 8-K
- ticker: MNST
- cik: 0000865752
- company_name: Monster Beverage Corp
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.82
- calibrated_materiality_score: 0.82
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/865752/000110465922086151/0001104659-22-086151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/865752/000110465922086151/tm2222570d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-086151
- JSON: https://secwatch.observer/filing/0001104659-22-086151.json
- Plain text: https://secwatch.observer/filing/0001104659-22-086151.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.