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SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2025

SEGMENT INFORMATION

Schedule of reportable segments including the corporate and unallocated category

Three-Months Ended June 30, 2025


		Monster
		Energy®			Strategic			Alcohol						Corporate and
		Drinks			Brands			Brands			Other			Unallocated			Consolidated
Net sales¹		$	1,937,321		$	129,893		$	37,971		$	6,408		$	—		$	2,111,593

Cost of sales			861,518			41,931			27,235			4,496			—
Gross profit			1,075,803			87,962			10,736			1,912			—			1,176,413

Distribution expense			77,812			1,588			2,629			6			—
Selling and marketing expense			174,769			15,607			6,463			59			—
Nonmanufacturing payroll expense			44,074			2,025			8,989			414			115,232
Other segment items²			21,648			875			7,287			174			65,140
Operating income (loss)¹			757,500			67,867			(14,632)			1,259			(180,372)			631,622

Interest and other income, net																		15,065

Income before provision for income taxes																	$	646,687

Depreciation and amortization		$	19,214		$	244		$	4,808		$	325		$	2,966		$	27,557

¹For the Monster Energy® Drinks segment, includes $10.0 million related to the recognition of deferred revenue.

²Other segment items for each reportable segment include:

Monster Energy® Drinks - travel and entertainment expense, professional services expense, and certain overhead expenses

Strategic Brands - travel and entertainment expense, and certain overhead expenses

Alcohol Brands - depreciation and amortization expense, travel and entertainment expense, and certain overhead expenses

Other - certain overhead expenses

Three-Months Ended June 30, 2024


		Monster
		Energy®			Strategic			Alcohol						Corporate and
		Drinks			Brands			Brands			Other			Unallocated			Consolidated
Net sales¹		$	1,742,808		$	109,222		$	41,564		$	7,003		$	—		$	1,900,597

Cost of sales			815,570			29,585			31,045			4,891			—
Gross profit			927,238			79,637			10,519			2,112			—			1,019,506

Distribution expense			82,766			1,463			3,156			21			—
Selling and marketing expense			171,838			13,796			6,459			57			—
Nonmanufacturing payroll expense			41,060			2,005			9,970			551			87,523
Other segment items²			19,319			714			13,495			65			38,085
Operating income (loss)¹			612,255			61,659			(22,561)			1,418			(125,608)			527,163

Interest and other income, net																		24,376

Income before provision for income taxes																	$	551,539

Depreciation and amortization		$	13,105		$	224		$	3,668		$	57		$	2,384		$	19,438

¹For the Monster Energy® Drinks segment, includes $10.0 million related to the recognition of deferred revenue.

²Other segment items for each reportable segment include:

Monster Energy® Drinks - travel and entertainment expense, and certain overhead expenses

Strategic Brands - travel and entertainment expense, and certain overhead expenses

Alcohol Brands - depreciation and amortization expense, travel and entertainment expense, and certain overhead expenses

Other - certain overhead expenses

Six-Months Ended June 30, 2025


		Monster
		Energy®			Strategic			Alcohol						Corporate and
		Drinks			Brands			Brands			Other			Unallocated			Consolidated
Net sales¹		$	3,652,869		$	228,225		$	72,674		$	12,382		$	—		$	3,966,150

Cost of sales			1,607,215			72,618			52,670			9,272			—
Gross profit			2,045,654			155,607			20,004			3,110			—			2,224,375

Distribution expense			151,257			2,698			5,627			6			—
Selling and marketing expense			329,303			26,903			12,801			171			—
Nonmanufacturing payroll expense			86,880			4,475			18,312			1,128			212,333
Other segment items²			40,362			1,768			19,386			310			109,288
Operating income (loss)¹			1,437,852			119,763			(36,122)			1,495			(321,621)			1,201,367

Interest and other income, net																		23,337

Income before provision for income taxes																	$	1,224,704

Depreciation and amortization		$	35,839		$	503		$	9,902		$	449		$	5,712		$	52,405

¹For the Monster Energy® Drinks segment, includes $19.9 million related to the recognition of deferred revenue.

²Other segment items for each reportable segment include:

Monster Energy® Drinks - travel and entertainment expense, professional services expense, and certain overhead expenses

Strategic Brands - travel and entertainment expense, and certain overhead expenses

Alcohol Brands - depreciation and amortization expense, travel and entertainment expense, property and equipment impairment, and certain overhead expenses

Other - certain overhead expenses

Six-Months Ended June 30, 2024


		Monster
		Energy®			Strategic			Alcohol						Corporate and
		Drinks			Brands			Brands			Other			Unallocated			Consolidated
Net sales¹		$	3,471,859		$	217,666		$	97,634		$	12,536		$	—		$	3,799,695

Cost of sales			1,613,262			61,690			69,341			8,768			—
Gross profit			1,858,597			155,976			28,293			3,768			—			2,046,634

Distribution expense			171,069			3,121			7,616			33			—
Selling and marketing expense			331,332			23,318			11,843			105			—
Nonmanufacturing payroll expense			80,041			4,370			18,273			1,070			186,107
Other segment items²			35,778			1,490			19,138			141			82,635
Operating income (loss)¹			1,240,377			123,677			(28,577)			2,419			(268,742)			1,069,154

Interest and other income, net																		60,131

Income before provision for income taxes																	$	1,129,285

Depreciation and amortization		$	25,713		$	453		$	7,406		$	97		$	6,244		$	39,913

¹For the Monster Energy® Drinks segment, includes $19.9 million related to the recognition of deferred revenue.

²Other segment items for each reportable segment include:

Monster Energy® Drinks - travel and entertainment expense, and certain overhead expenses

Strategic Brands - travel and entertainment expense, and certain overhead expenses

Alcohol Brands - depreciation and amortization expense, travel and entertainment expense, professional services expense, and certain overhead expenses

Other - certain overhead expenses

Schedule of goodwill and other intangible assets for the reportable segments


		June 30,			December 31,
		2025			2024
Goodwill and other intangible assets:
Monster Energy® Drinks		$	1,712,928		$	1,703,256
Strategic Brands			982,389			982,035
Alcohol Brands			55,153			60,604
Other			—			—
		$	2,750,470		$	2,745,895