10-K · March 2, 2026
Celsius completed two material strategic transactions in 2025 (Alani Nu closed April 1, 2025; Rockstar closed August 28, 2025) and entered into an enhanced commercial relationship with Pepsi (Captaincy and amended…
Earnings analysis · 10-Q
CELH earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Celsius Holdings reported impressive Q1 2026 results with revenue reaching $782.6 million, a significant increase of 137.7% year-over-year, outpacing analyst estimates of $759.5 million. The company also reported a…
Read full summary
Celsius Holdings reported impressive Q1 2026 results with revenue reaching $782.6 million, a significant increase of 137.7% year-over-year, outpacing analyst estimates of $759.5 million. The company also reported a diluted EPS of $0.33, exceeding the estimated $0.29, as it benefited from recent acquisitions and geographic expansion.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.33
- Gross margin
- 48.3%
What stood out
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Strong Revenue Growth
Revenue increased to $782.6 million, up 137.7% from $329.3 million in Q1 2025.
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Assured EPS Beat
Diluted EPS stood at $0.33, up from $0.15 in the prior year and above the $0.29 estimate.
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Acquisition-Driven Expansion
The Alani Nu and Rockstar acquisitions contributed approximately $368.1 million and $66.6 million to Q1 revenue.
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Improved Cash Position
Unrestricted cash and cash equivalents totaled approximately $549.2 million.
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Margins Under Pressure
Gross profit margin decreased to 48.3% from 52.3% due to increased promotional activity and costs.
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Operating Cash Flow Positive
Cash provided by operating activities was $73.7 million despite increased expenses.
What to watch
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Higher SG&A Costs
SG&A expenses rose to $234.6 million, an increase of 95% year-over-year, impacting profitability.
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Interest Expense Increase
Interest expense increased significantly due to new debt, rising to $11.8 million from none in the prior year.
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Margin Compression
Gross margin decreased by 4% due to increased aluminum costs and promotional activities.
Management's outlook
Outlook deferred to earnings press release / call.
Earlier filings 4
10-K · March 3, 2025
Celsius positions itself as a premium functional energy drink company with a proprietary MetaPlus® formulation, an expanding product roadmap (CELSIUS Originals/Vibe, CELSIUS ESSENTIALS™, powders, and 2025 Hydration) and…
10-Q · May 7, 2024
Celsius reported quarterly revenue of $355,708,000, up from $259,939,000 a year earlier, with gross profit of $182,207,000 and operating income of $83,190,000. Diluted EPS was $0.27 (basic $0.28), and operating cash…
10-K · February 29, 2024
Celsius positions itself as a fast-growing player in functional energy drinks, leaning on a proprietary MetaPlus® formulation, new 16-oz CELSIUS® Essentials line (2023), and expanded distribution via a strategic…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.