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SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2025

SEGMENT INFORMATION

Schedule of reportable segments including the corporate and unallocated category

Three-Months Ended September 30, 2025


		Monster
		Energy®			Strategic			Alcohol						Corporate and
		Drinks			Brands			Brands			Other			Unallocated			Consolidated
Net sales¹		$	2,026,843		$	130,501		$	33,009		$	6,786		$	—		$	2,197,139

Cost of sales			902,094			41,546			24,694			4,319			—
Gross profit			1,124,749			88,955			8,315			2,467			—			1,224,486

Distribution expense			78,569			1,704			2,341			—			—
Selling and marketing expense			189,136			17,339			7,976			124			—
Nonmanufacturing payroll expense			43,684			2,711			8,908			524			112,924
Other segment items²			22,880			919			6,941			201			52,253
Operating income (loss)¹			790,480			66,282			(17,851)			1,618			(165,177)			675,352

Interest and other income (expense), net																		14,185

Income before provision for income taxes																	$	689,537

Depreciation and amortization		$	20,835		$	310		$	4,816		$	351		$	3,306		$	29,618

¹For the Monster Energy® Drinks segment, includes $10.1 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 September 30, 2024


		Monster
		Energy®			Strategic			Alcohol						Corporate and
		Drinks			Brands			Brands			Other			Unallocated			Consolidated
Net sales¹		$	1,722,693		$	112,566		$	39,784		$	5,930		$	—		$	1,880,973

Cost of sales			810,604			31,750			35,056			3,764			—
Gross profit			912,089			80,816			4,728			2,166			—			999,799

Distribution expense			78,089			1,555			3,067			(10)			—
Selling and marketing expense			170,718			16,436			8,918			55			—
Nonmanufacturing payroll expense			42,362			2,090			8,988			526			96,588
Other segment items²			19,232			644			6,364			85			64,176
Operating income (loss)¹			601,688			60,091			(22,609)			1,510			(160,764)			479,916

Interest and other income (expense), net																		(5,820)

Income before provision for income taxes																	$	474,096

Depreciation and amortization		$	13,330		$	237		$	3,419		$	48		$	2,875		$	19,909

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

Nine-Months Ended September 30, 2025


		Monster
		Energy®			Strategic			Alcohol						Corporate and
		Drinks			Brands			Brands			Other			Unallocated			Consolidated
Net sales¹		$	5,679,711		$	358,727		$	105,683		$	19,169		$	—		$	6,163,290

Cost of sales			2,509,309			114,165			77,364			13,590			—
Gross profit			3,170,402			244,562			28,319			5,579			—			3,448,862

Distribution expense			229,826			4,403			7,968			2			—
Selling and marketing expense			518,439			44,241			20,777			298			—
Nonmanufacturing payroll expense			130,564			7,186			27,220			1,653			325,257
Other segment items²			63,241			2,687			26,327			512			161,541
Operating income (loss)¹			2,228,332			186,045			(53,973)			3,114			(486,798)			1,876,720

Interest and other income (expense), net																		37,522

Income before provision for income taxes																	$	1,914,242

Depreciation and amortization		$	56,674		$	813		$	14,718		$	800		$	9,018		$	82,023

¹For the Monster Energy® Drinks segment, includes $30.0 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, property and equipment impairment, and certain overhead expenses

Other - certain overhead expenses

Nine-Months Ended September 30, 2024


		Monster
		Energy®			Strategic			Alcohol						Corporate and
		Drinks			Brands			Brands			Other			Unallocated			Consolidated
Net sales¹		$	5,194,552		$	330,232		$	137,417		$	18,467		$	—		$	5,680,668

Cost of sales			2,423,866			93,440			104,397			12,532			—
Gross profit			2,770,686			236,792			33,020			5,935			—			3,046,433

Distribution expense			249,158			4,676			10,683			24			—
Selling and marketing expense			502,050			39,754			20,762			159			—
Nonmanufacturing payroll expense			122,403			6,460			27,260			1,597			282,695
Other segment items²			55,009			2,134			25,502			226			146,811
Operating income (loss)¹			1,842,066			183,768			(51,187)			3,929			(429,506)			1,549,070

Interest and other income (expense), net																		54,311

Income before provision for income taxes																	$	1,603,381

Depreciation and amortization		$	39,043		$	690		$	10,825		$	145		$	9,119		$	59,822

¹For the Monster Energy® Drinks segment, includes $29.9 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


		September 30,			December 31,
		2025			2024
Goodwill and other intangible assets:
Monster Energy® Drinks		$	1,715,964		$	1,703,256
Strategic Brands			982,408			982,035
Alcohol Brands			52,577			60,604
Other			—			—
		$	2,750,949		$	2,745,895