Celsius Holdings (CELH) Q3 2026 Earnings
Non-GAAP adjusted diluted EPS excludes Q3 2026 distributor termination fees of $3,481 thousand, acquisition and integration costs of $1,618 thousand, legal settlement costs of $1,212 thousand and reorganization costs of $1,512 thousand (net tax impact of $(0.01) per share); GAAP diluted EPS was $0.39
How Did CELH Stock React to Q3 2026 Earnings?
Did CELH Beat Earnings? Q3 2026 Results
Yes. Celsius Holdings reported Q3 2026 earnings of $0.41 a share on Nov 5, 2026, beating the $0.34 consensus estimate by 21.6%. Revenue was $847.2M against a $800.7M estimate.
Celsius Holdings, Inc. delivered a strong third-quarter 2026 earnings beat, extending its streak to four consecutive quarters of exceeding consensus EPS estimates as adjusted diluted EPS of $0.41 cleared the $0.34 analyst estimate by 21.55%, while revenue of $847.23 million beat the $800.66 million consensus by 5.82% and rose 16.8% year over year. The clearest driver of the top-line result was the Alani Nu brand, which overtook the flagship CELSIUS line to become the company's largest revenue contributor at $410.10 million, up roughly 24%, fueled by wider distribution through PepsiCo's direct-store-delivery network and a limited-time flavor launch management called the brand's most successful to date. Gross margin compressed to 46.8% from 51.3%, pressured by aluminum and fuel cost inflation alongside a heavier DSD mix, though management said freight lane optimization, raw material alignment, and revenue growth management initiatives are progressing and expected to drive margin expansion as the company's multi-brand platform matures. No formal financial guidance was issued.
- Alani Nu growth from increased distribution in the PepsiCo DSD system and the Witch's Brew LTO
- Rockstar Energy strength in Canada due to order timing across Q2 and Q3 2026
- CELSIUS international revenue up 78% on Nordic momentum and expansion markets
- CELSIUS brand revenue down about 6% due to SKU optimization, inventory rebalancing shipment timing and club channel softness
- Gross margin down 450 bps due to aluminum and fuel inflation and higher DSD mix
- SG&A leverage improved to 26.1% of revenue from 28.4%
- Portfolio U.S. retail sales up 14.7% with a 20.7% RTD energy dollar share
“We delivered record quarterly revenue in the third quarter of 2026, reflecting the strength of our scaled, multi-brand Modern Energy platform and continued execution of our total energy portfolio strategy.”
Celsius Holdings CEO, on the earnings call
What Is Celsius Holdings's Outlook?
No formal financial guidance was provided. Management said its margin-expansion initiatives continue to progress: freight and freight lane optimization, raw material alignment, revenue growth-management capabilities, and mix improvement through price-pack architecture. These near-term benefits are partially offsetting commodity inflation in aluminum and fuel. As the initiatives mature, the company expects to increasingly benefit from the platform built by integrating its recent acquisitions. It is also implementing a brand-led organizational structure to position each brand for sustainable growth.
CELH YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $847.2M | $725.1M | +16.8% |
| Gross Profit | $396.3M | $372.3M | +6.4% |
| Operating Income | $172.1M | $41.5M | +315.1% |
| Net Income | $127.0M | $31.1M | +308.1% |
CELH Revenue by Segment
CELH Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.