---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-026733"
form_type: "8-K"
ticker: "MNST"
cik: "0000865752"
company_name: "Monster Beverage Corp"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T23:04:02.607103+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Monster Beverage Q4 net sales record $1.51B (+6.2% YoY); net income down 6.1% to $301.7M; declares 2-for-1 stock split

## Summary
- Q4 net sales $1.51B, up 6.2% YoY; adjusted for FX up 11.9%.
- Q4 net income $301.7M ($0.57 diluted EPS), down 6.1% from $321.3M ($0.60).
- Gross margin 51.8% improved sequentially from 51.3% in Q3 2022.
- Full-year net sales $6.31B (+13.9% YoY); net income $1.19B ($2.23 EPS), down 13.5% YoY.
- Board declares 2-for-1 stock split; record date March 13, distribution March 27, trading split-adjusted March 28.

## SEC filing metadata
- accession: 0001104659-23-026733
- form_type: 8-K
- ticker: MNST
- cik: 0000865752
- company_name: Monster Beverage Corp
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/865752/000110465923026733/0001104659-23-026733-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/865752/000110465923026733/tm237882d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-026733
- JSON: https://secwatch.observer/filing/0001104659-23-026733.json
- Plain text: https://secwatch.observer/filing/0001104659-23-026733.txt

## Key facts
- Earnings Releases
  Monster Beverage Corp reported Q4 2022 results: revenue Net sales increased 6.2% to $1.51 billion.
  - Period: Q4 2022
  - Revenue: Net sales increased 6.2% to $1.51 billion
  - Result: reported results
  source text: Net sales for the 2022 fourth quarter increased 6.2 percent to $1.51 billion from $1.43 billion in the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/865752/000110465923026733/0001104659-23-026733-index.htm

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