$CELH · Celsius Holdings, Inc.
Celsius Holdings filed its Q3 FY2026 10-Q. Revenue rose 16.8% YoY to $847.2M, gross margin was 46.8%, operating margin 20.3%, and net income was $127M versus a $61M loss a year earlier. GAAP diluted EPS was $0.39 versus a loss of $0.27. The prior-year quarter included $246.7M in distributor termination fees, which fell to $3.5M this quarter.
- Revenue rose 16.8% YoY to $847.2M in Q3 FY2026.
- Net income was $127M versus a $61M loss a year earlier.
- Gross margin was 46.8% and operating margin 20.3%.
- Distributor termination fees fell to $3.5M from $246.7M a year ago.
- Nine-month revenue reached $2.45B, up from $1.79B.
Extended-hours trading shows CELH at $32.60, up 6.02% versus the regular close and 8.74% versus the filing price, indicating a positive reaction to the swing to profitability.
Celsius returned to profitability with double-digit revenue growth, validating its Pepsi distribution and acquisition strategy.
Celsius's 16.8% revenue growth and return to profitability reflect the Pepsi Captaincy distribution and Al Nu/Rockstar acquisitions scaling, positioning it against larger energy-drink peers.
The prior-year quarter's $246.7M distributor termination fees highlight integration and transition costs tied to the Pepsi distribution restructuring; related-party concentration with Pepsi remains substantial.