---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-087294"
form_type: "8-K"
ticker: "MNST"
cik: "0000865752"
company_name: "Monster Beverage Corp"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T10:29:54.442073+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Monster Q2 net sales hit record $1.85B (+12.1%); net income +51.4% to $413.9M

## Summary
- Diluted EPS rose 52.8% to $0.39 from $0.26; operating income $523.8M vs $373.0M.
- Gross margin improved to 52.5% from 47.1% on pricing actions and lower freight/aluminum costs.
- Monster Energy Drinks segment sales up 12.1% on a foreign-currency-adjusted basis.
- Alcohol Brands segment sales surged 88.2% to $61.1M driven by The Beast Unleashed rollout.
- Completed acquisition of Bang Energy on July 31, 2023 for ~$362M; share repurchase authorization remaining $682.8M.

## SEC filing metadata
- accession: 0001104659-23-087294
- form_type: 8-K
- ticker: MNST
- cik: 0000865752
- company_name: Monster Beverage Corp
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/865752/000110465923087294/0001104659-23-087294-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/865752/000110465923087294/tm2322746d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-087294
- JSON: https://secwatch.observer/filing/0001104659-23-087294.json
- Plain text: https://secwatch.observer/filing/0001104659-23-087294.txt

## Key facts
- Earnings Releases
  Monster Beverage Corp reported financial results for second quarter ended June 30, 2023.
  - Period: second quarter ended June 30, 2023
  - Result: reported results
  source text: Net sales for the 2023 second quarter increased 12.1 percent to $1.85 billion, from $1.66 billion in the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/865752/000110465923087294/0001104659-23-087294-index.htm
- Earnings Releases
  Monster Beverage Corp reported financial results for second quarter ended June 30, 2023.
  - Period: second quarter ended June 30, 2023
  - Result: reported results
  source text: Net income for the 2023 second quarter increased 51.4 percent to $413.9 million, from $273.4 million in the 2022 second quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/865752/000110465923087294/0001104659-23-087294-index.htm
- Earnings Releases
  Monster Beverage Corp reported financial results for second quarter ended June 30, 2023.
  - Period: second quarter ended June 30, 2023
  - Result: reported results
  source text: Net income per diluted share for the 2023 second quarter increased 52.8 percent to $0.39, from $0.26 in the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/865752/000110465923087294/0001104659-23-087294-index.htm

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