Celsius Holdings (CELH) Q3 FY2026 earnings: revenue $847 million, up 16.8% on the year

Celsius Holdings, Inc. (CELH) reported revenue of $847 million for Q3 FY2026, the quarter ended 30 September 2026, up 16.8% on the same quarter a year earlier. Net income was $127 million, and diluted earnings per share $0.39. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$847 million

+16.8% on the year · +3.6% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

20.3%

-11.0% a year earlier

Q4 FY2024Q3 FY2026

Net income

$127 million

+129.6% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.39

+178.6% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Record third-quarter revenue of $847.2 million: The company reported revenue of $847.2 million, up from $725.1 million, which management described as record quarterly revenue. Year-to-date revenue rose 36% to $2,447.8 million.
Alani Nu revenue rose about 24%: Alani Nu revenue rose about 24% to $410.1 million. The company cited increased PepsiCo DSD distribution, the Witch's Brew limited-time flavors and continued consumer demand. Rockstar contributed $80.3 million.
CELSIUS brand revenue fell about 6%: CELSIUS brand revenue declined to $356.8 million from $381.0 million. The company attributed the decline to SKU optimization, shipment timing tied to inventory rebalancing and softness in the club channel.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	847	818	725	+3.6%	+16.8%
Cost of revenue	451	424	353	+6.3%	+27.8%
Gross profit	396	394	372	+0.7%	+6.4%
Gross margin	46.8%	48.1%	51.3%
Selling, general and administrative	221	238	206	-7.1%	+7.4%
Operating income	172	75.3	-80.0	+128.6%
Operating margin	20.3%	9.2%	-11.0%
Interest expense	11.3	11.6	18.2	-2.5%	-38.2%
Pre-tax income	163	69.5	-88.0	+134.5%
Income tax	36.1	14.2	-27.0	+153.6%
Effective tax rate	22.1%	20.5%	n/a
Net income	127	55.3	-61.0	+129.6%
Net margin	15.0%	6.8%	-8.4%
Diluted EPS	$0.39	$0.14	-$0.27	+178.6%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	154	223	332	-30.8%	-53.6%
Capital expenditure	26.2	17.1	10.3	+53.7%	+153.5%
Free cash flow	128	205	321	-37.9%	-60.3%
Free cash flow margin	15.1%	25.1%	44.3%
Cash from investing	-26.2	-17.1	-2.1
Cash from financing	-60.0	-120	-12.4
Depreciation and amortisation	10.5	10.1	8.8	+4.0%	+19.3%
Share-based compensation	8.7	10.6	7.4	-17.5%	+18.0%
Buybacks	0.3	1.0	0.4	-70.0%	-25.0%
Diluted shares, weighted	255m	257m	258m	-0.8%	-1.1%
Shares outstanding at period end	252m	253m	258m	-0.6%	-2.4%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	1,275	1,200	1,203	+6.3%	+6.0%
Debt	675	675	870	-0.0%	-22.5%
Other liabilities	3,202	3,294	3,192	-2.8%	+0.3%
Total liabilities and equity	5,152	5,168	5,266	-0.3%	-2.2%
Fixed assets	124	109	80.9	+14.4%	+53.7%
Goodwill	920	920	915	-0.0%	+0.5%
Intangible assets	93.8	99.8	118	-6.0%	-20.4%
Cash and equivalents	701	631	806	+11.0%	-13.1%
Receivables	667	735	514	-9.3%	+29.8%
Inventory	372	391	283	-4.8%	+31.6%
Other assets	2,276	2,283	2,550	-0.3%	-10.8%
Total assets	5,152	5,168	5,266	-0.3%	-2.2%

Questions

What was Celsius Holdings' revenue in Q3 FY2026?

Celsius Holdings (CELH) reported revenue of $847 million for Q3 FY2026, the quarter ended 30 September 2026, up 16.8% on the same quarter a year earlier.

How much did Celsius Holdings earn in Q3 FY2026?

Net income for Q3 FY2026 was $127 million, and diluted earnings per share $0.39.

When did Celsius Holdings report Q3 FY2026 results?

Celsius Holdings filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 * †	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023 †	Q2 FY2023	Q3 FY2023	Q4 FY2023 * †	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	104	133	154	188	178	260	326	385	347	356	402	266	332	329	739	725	722	783	818	847
Cost of revenue	62.6	79.5	94.7	110	99.0	146	167	191	181	174	193	144	166	157	358	353	380	405	424	451
Gross profit	41.6	53.9	59.3	78.7	79.0	114	159	194	166	182	209	122	167	172	381	372	342	378	394	396
Gross margin	40%	40%	39%	42%	44%	44%	49%	50%	48%	51%	52%	46%	50%	52%	52%	51%	47%	48%	48%	47%
R&D	0.3	0.1	0.1	0.1	0.1	0.3	0.2	0.5	0.7	0.2	0.2	0.3	0.3	n/a	n/a	n/a	n/a	n/a	n/a	n/a
SG&A	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	99.0	115	125	185	120	238	206	235	235	238	221
Operating income	-12.4	10.1	12.4	-148	-32.7	44.9	64.8	97.7	58.9	83.2	94.2	-3.2	-18.5	52.0	143	-80.0	26.1	139	75.3	172
Operating margin	-12%	8%	8%	-78%	-18%	17%	20%	25%	17%	23%	23%	-1%	-6%	16%	19%	-11%	4%	18%	9%	20%
Interest expense	n/a	0.0	-0.0	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	n/a	0.0	18.1	18.2	12.7	11.8	11.6	11.3
Pre-tax income	-12.2	10.0	12.0	-146	-28.3	49.8	69.5	105	67.8	92.5	105	8.2	-10.2	61.0	129	-88.0	22.6	138	69.5	163
Tax rate	n/a	33%	23%	n/a	n/a	17%	26%	20%	26%	16%	24%	22%	n/a	27%	23%	n/a	-9%	20%	20%	22%
Net income	-3.4	6.7	9.2	-182	-21.2	41.2	51.5	83.9	50.1	77.8	79.8	6.4	-18.9	44.4	99.9	-61.0	24.7	110	55.3	127
Net margin	-3%	5%	6%	-97%	-12%	16%	16%	22%	14%	22%	20%	2%	-6%	13%	14%	-8%	3%	14%	7%	15%
Diluted EPS	-$0.01	$0.03	$0.04	-$0.82	-$0.13	$0.13	$0.17	$0.30	$0.17	$0.27	$0.28	$0.00	-$0.11	$0.15	$0.33	-$0.27	$0.04	$0.33	$0.14	$0.39
Operating cash flow	-44.5	9.1	33.2	129	-62.8	-13.8	59.0	90.8	5.2	135	39.6	12.9	75.7	103	43.7	332	-119	73.7	223	154
Capital expenditure	0.8	0.7	1.7	1.0	4.8	2.3	4.6	5.9	4.7	4.5	9.2	4.2	5.4	6.9	8.2	10.3	10.5	7.9	17.1	26.2
Free cash flow	-45.3	8.4	31.5	128	-67.6	-16.1	54.5	85.0	0.4	130	30.4	8.7	70.3	96.4	35.5	321	-130	65.8	205	128
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	1.7	0.6	1.9	0.9	0.4	2.5	8.8	1.0	0.3
Shares outstanding	225m	226m	227m	229m	229m	230m	231m	232m	232m	233m	233m	235m	235m	235m	258m	258m	257m	257m	253m	252m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.