怪物饮料 2026年季度报告

Form10-Q Quarterly Report Pursuant to Section13 or 15(d)of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2026Commission File Number 001-18761 MONSTER BEVERAGE CORPORATION (Exact name of registrant as specified in its charter) 47-1809393(I.R.S. EmployerIdentification No.) Delaware(State or other jurisdiction ofincorporation or organization) 1 Monster WayCorona, California 92879(Address of principal executive offices) (Zip code)(951) 739 - 6200(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)ofthe Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant wasrequired to file such reports), and (2)has been subject to such filing requirements for the past 90 days. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required tobe submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for suchshorter period that the registrant was required to submit such files). Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-acceleratedfiler, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,”“accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐ Accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). The registrant had 978,008,110 shares of common stock, par value $0.005 per share, outstanding as of April 30, MONSTER BEVERAGE CORPORATION AND SUBSIDIARIESMARCH 31, 2026 INDEX Part I.FINANCIAL INFORMATIONPageNo.Item 1.Condensed Consolidated Financial Statements (Unaudited)Condensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 20253Condensed Consolidated Statements of Income for the Three-Months Ended March 31, 2026 and20254Condensed Consolidated Statements of Comprehensive Income for the Three-Months EndedMarch 31, 2026 and 20255Condensed Consolidated Statements of Stockholders’ Equity for the Three-Months Ended March31, 2026 and 20256Condensed Consolidated Statements of Cash Flows for the Three-Months Ended March 31, 2026and 20257Notes to Condensed Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations27Item 3.Quantitative and Qualitative Disclosures About Market Risk38Item 4.Controls and Procedures38Part II.OTHER INFORMATIONItem 1.Legal Proceedings39Item 1A.Risk Factors39Item 2.Unregistered Sales of Equity Securities and Use of Proceeds39Item 3.Defaults Upon Senior Securities40Item 4.Mine Safety Disclosures40Item 5.Other Information40Item 6.Exhibits40Signatures41 PARTI – FINANCIAL INFORMATION MONSTER BEVERAGE CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETSAS OF MARCH 31, 2026 AND DECEMBER 31, 2025(In Thousands, Except Par Value) (Unaudited) MONSTER BEVERAGE CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOMEFOR THETHREE-MONTHS ENDED MARCH 31, 2026 AND 2025(In Thousands) (Unaudited) MONSTER BEVERAGE CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITYFOR THETHREE-MONTHS ENDED MARCH 31, 2026 AND 2025(In Thousands) (Unaudited) MONSTER BEVERAGE CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWSFOR THE THREE-MONTHS ENDED MARCH 31, 2026 AND 2025(In Thousands) (Unaudited) MONSTER BEVERAGE CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWSFOR THE THREE-MONTHS ENDED MARCH 31, 2026 AND 2025(In Thousands) (Unaudited) (Continued) SUPPLEMENTAL DISCLOSURE OF NON-CASH ITEMS Included in accrued liabilities as of March 31, 2026 and 2025 were additions to other intangible assets of $1.8million and $5.1 million, respectively. Included in accounts payable as of March 31, 2026 and 2025 were property and equipment purchases of $0.7million and $4.0 million, respectively. Included in accounts payable as of March 31, 2026 were available-for-sale short-term investment purchases of$28.4 million. Included in accounts payable as of March 31, 2026 were available-for-sale long-term investment purchases of$28.8 million. See accompanying notes to condensed consolidated financial statements. Table of Contents MONSTER BEVERAGE CORPORATION AND SUBSIDIARIESNOTES TO