Celsius (CELH) Financials

$30.12 +0.42 (+1.41%)

Closing price 05/22/2026 04:00 PM Eastern

Extended Trading

$30.11 -0.01 (-0.04%)

As of 05/22/2026 07:59 PM Eastern

Annual Income Statements for Celsius

This table shows Celsius' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-2.57	-3.43	-8.61	-11	9.97	8.52	3.94	-199	182	107	64
Consolidated Net Income / (Loss)	-2.15	-3.07	-8.24	-11	9.97	8.52	3.94	-187	227	145	108
Net Income / (Loss) Continuing Operations	-2.15	-3.07	-8.24	-11	9.97	8.52	3.94	-187	227	145	108
Total Pre-Tax Income	-2.15	-3.07	-8.24	-11	9.97	8.64	-4.06	-153	292	195	125
Total Operating Income	-1.83	-2.84	-8.08	-11	-1.45	7.91	-4.09	-158	266	156	141
Total Gross Profit	7.04	9.73	15	21	31	61	128	271	633	680	1,267
Total Revenue	17	23	36	53	75	131	314	654	1,318	1,356	2,515
Operating Revenue	17	23	36	53	75	131	314	654	1,318	1,356	2,515
Total Cost of Revenue	10	13	21	32	44	70	186	383	685	675	1,248
Operating Cost of Revenue	10	13	21	32	44	70	186	383	685	675	1,248
Total Operating Expenses	8.87	13	24	32	33	53	132	429	367	524	1,126
Selling, General & Admin Expense	3.17	3.90	6.90	10	12	18	132	429	367	524	799
Restructuring Charge	-	-	-	-	-	-	-	-	0.00	0.00	327
Total Other Income / (Expense), net	-0.32	-0.22	-0.16	-0.57	11	0.73	0.03	5.14	25	39	-16
Interest Expense	0.32	0.23	0.16	0.55	0.51	0.07	0.01	-5.29	-27	-39	28
Other Income / (Expense), net	0.00	0.01	-	-0.01	-0.86	0.44	-0.28	-0.39	-1.25	0.06	12
Income Tax Expense	-	-	-	-	-	0.12	-8.00	35	65	50	17
Preferred Stock Dividends Declared	0.42	0.37	0.37	0.21	0.00	0.00	0.00	12	27	28	38
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	-	-	0.00	-	17	10	6.55
Basic Earnings per Share	($0.08)	($0.09)	($0.19)	($0.23)	$0.16	$0.12	$0.02	($0.88)	$0.79	$0.46	$0.25
Weighted Average Basic Shares Outstanding	33.18M	38.57M	44.42M	50.05M	60.76M	70.20M	221.34M	226.95M	230.78M	233.67M	252.30M
Diluted Earnings per Share	($0.08)	($0.09)	($0.19)	($0.23)	$0.16	$0.11	$0.02	($0.88)	$0.77	$0.45	$0.25
Weighted Average Diluted Shares Outstanding	33.18M	38.57M	44.42M	50.05M	64.18M	74.44M	233.07M	226.95M	236.96M	237.40M	254.91M
Weighted Average Basic & Diluted Shares Outstanding	33.18M	38.57M	44.42M	50.05M	69.24M	72.59M	75.34M	76.71M	232.79M	235.13M	256.98M

This table shows Celsius' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	70	39	65	67	-0.56	-23	34	86	-71	14	85
Consolidated Net Income / (Loss)	84	50	78	80	6.36	-19	44	100	-61	25	110
Net Income / (Loss) Continuing Operations	84	50	78	80	6.36	-19	44	100	-61	25	110
Total Pre-Tax Income	105	68	92	105	8.18	-10	61	129	-88	23	138
Total Operating Income	98	59	83	94	-3.21	-18	52	143	-80	26	139
Total Gross Profit	194	166	182	209	122	167	172	381	372	342	378
Total Revenue	385	347	356	402	266	332	329	739	725	722	783
Operating Revenue	385	347	356	402	266	332	329	739	725	722	783
Total Cost of Revenue	191	181	174	193	144	166	157	358	353	380	405
Operating Cost of Revenue	191	181	174	193	144	166	157	358	353	380	405
Total Operating Expenses	96	107	99	115	125	185	120	238	452	316	239
Selling, General & Admin Expense	96	107	99	115	125	185	120	238	206	235	235
Restructuring Charge	-	-	-	-	0.00	-	0.00	-	247	-	4.43
Total Other Income / (Expense), net	7.05	8.84	9.27	10	11	8.28	8.96	-14	-8.03	-3.46	-1.46
Interest Expense	-7.20	-8.84	-9.61	-11	-11	-7.89	-7.85	14	13	8.30	8.85
Other Income / (Expense), net	-0.18	-0.02	-0.34	-0.26	0.28	0.42	1.12	0.54	5.36	4.84	7.39
Income Tax Expense	21	18	15	25	1.82	8.66	17	30	-27	-2.13	27
Preferred Stock Dividends Declared	14	11	13	13	6.91	4.61	6.78	14	9.66	3.79	14
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	0.00	-	3.22	-	0.00	-	11
Basic Earnings per Share	$0.30	$0.17	$0.28	$0.29	$0.00	($0.10)	$0.15	$0.33	($0.27)	$0.06	$0.33
Weighted Average Basic Shares Outstanding	231.01M	230.78M	232.78M	233.20M	233.70M	233.67M	235.19M	257.75M	257.78M	252.30M	257.01M
Diluted Earnings per Share	$0.30	$0.17	$0.27	$0.28	$0.00	($0.10)	$0.15	$0.33	($0.27)	$0.06	$0.33
Weighted Average Diluted Shares Outstanding	237.27M	236.96M	237.52M	237.60M	233.70M	237.40M	237.17M	260.21M	257.78M	254.91M	259.76M
Weighted Average Basic & Diluted Shares Outstanding	77.23M	232.79M	233.08M	233.07M	235.03M	235.13M	257.74M	257.95M	257.79M	256.98M	255.64M

This table details how cash moves in and out of Celsius' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	9.78	1.62	2.44	-6.44	15	20	-27	637	103	134	-353
Net Cash From Operating Activities	-0.76	-2.36	-8.42	-12	1.03	3.40	-97	108	141	263	359
Net Cash From Continuing Operating Activities	-0.76	-2.36	-8.42	-12	16	3.40	-97	108	141	263	359
Net Income / (Loss) Continuing Operations	-2.15	-3.07	-8.24	-11	9.97	8.52	3.94	-187	227	145	108
Consolidated Net Income / (Loss)	-2.15	-3.07	-8.24	-11	9.97	8.52	3.94	-187	227	145	108
Depreciation Expense	0.03	0.02	0.02	0.07	0.07	0.13	1.26	1.92	3.23	7.27	29
Amortization Expense	-	-	-	0.00	0.83	1.48	0.00	5.89	14	14	26
Non-Cash Adjustments To Reconcile Net Income	1.27	1.37	2.57	4.95	5.02	10	41	36	31	42	88
Changes in Operating Assets and Liabilities, net	0.09	-0.68	-2.77	-5.46	-0.35	-17	-143	252	-134	54	108
Net Cash From Investing Activities	-0.01	-0.02	-0.05	-0.11	-14	0.76	-1.26	-5.67	-14	-102	-1,296
Net Cash From Continuing Investing Activities	-0.01	-0.02	-0.05	-0.11	-14	0.76	-1.26	-5.67	-14	-102	-1,296
Purchase of Property, Plant & Equipment	-0.01	-0.03	-0.05	-0.11	-0.08	-0.57	-3.15	-8.26	-17	-23	-36
Acquisitions	-	-	-	0.00	-14	-	-	0.00	0.00	-75	-1,279
Purchase of Investments	-	-	-	-	-	-	-	-	-	-	-10
Sale and/or Maturity of Investments	-	-	-	-	-	-	-	2.59	3.23	0.00	0.00
Other Investing Activities, net	-	-	-	-	-	-	-	0.00	0.00	-3.00	29
Net Cash From Financing Activities	11	4.01	11	5.30	29	16	71	534	-25	-26	583
Net Cash From Continuing Financing Activities	11	4.01	11	5.26	29	16	71	534	-25	-26	583
Repayment of Debt	-1.29	-	-	5.00	1.47	-0.66	-0.09	-0.06	2.24	3.80	-234
Repurchase of Common Equity	-	-	-	-	-	-	-	0.00	0.00	-2.26	-46
Payment of Dividends	0.00	-	-	-0.04	0.00	0.00	0.00	-12	-27	-28	-38
Issuance of Debt	0.45	-	0.00	-	-	-	-	-	0.00	0.00	900
Cash Interest Paid	0.40	0.11	0.16	0.17	0.13	0.45	0.01	-	0.00	0.00	46
Cash Income Taxes Paid	0.00	0.00	0.00	-	-	-	0.00	14	57	99	64

This table details how cash moves in and out of Celsius' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	79	-4.04	124	24	0.54	-14	87	-362	315	-394	10
Net Cash From Operating Activities	91	5.17	135	40	13	76	103	44	332	-119	74
Net Cash From Continuing Operating Activities	91	5.17	135	40	13	76	103	44	332	-119	74
Net Income / (Loss) Continuing Operations	84	50	78	80	6.36	-19	44	100	-61	25	110
Consolidated Net Income / (Loss)	84	50	78	80	6.36	-19	44	100	-61	25	110
Depreciation Expense	0.87	1.11	1.23	1.42	2.24	2.39	2.61	9.12	8.79	8.94	9.13
Amortization Expense	3.53	3.53	3.53	3.53	3.53	3.53	3.53	3.53	6.33	13	12
Non-Cash Adjustments To Reconcile Net Income	12	11	8.20	16	11	8.83	12	98	-52	29	-1.38
Changes in Operating Assets and Liabilities, net	-9.89	-61	44	-61	-10	80	40	-167	430	-196	-56
Net Cash From Investing Activities	-5.88	-4.75	-4.53	-9.21	-7.24	-81	-6.94	-1,270	-2.15	-17	-7.68
Net Cash From Continuing Investing Activities	-5.88	-4.75	-4.53	-9.21	-7.24	-81	-6.94	-1,270	-2.15	-17	-7.68
Purchase of Property, Plant & Equipment	-5.88	-4.75	-4.53	-9.21	-4.24	-5.41	-6.94	-8.25	-10	-11	-7.92
Acquisitions	-	-	-	-	-	-	-	-	-22	-	0.24
Net Cash From Financing Activities	-5.99	-6.28	-5.89	-6.67	-5.90	-7.51	-11	863	-12	-257	-56
Net Cash From Continuing Financing Activities	-5.99	-6.28	-5.89	-6.67	-5.90	-7.51	-11	863	-12	-257	-56
Repayment of Debt	-0.01	-0.01	0.95	-0.02	-0.02	-0.02	-1.87	-29	-2.27	-201	-1.78
Repurchase of Common Equity	-	-	0.00	-	-	-0.60	-1.93	-0.88	-0.45	-42	-29
Payment of Dividends	-6.88	-6.95	-6.84	-6.84	-6.91	-6.91	-6.78	-6.85	-9.67	-14	-14
Other Financing Activities, net	0.90	0.68	-	0.18	2.69	0.02	0.00	-	-	-	-11
Cash Interest Paid	-	-	-	-	-	-	0.00	-	17	11	11
Cash Income Taxes Paid	23	24	0.32	78	21	0.10	0.67	42	9.33	13	0.54

This table presents Celsius' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	15	18	27	35	90	131	314	1,222	1,536	1,767	5,120
Total Current Assets	15	18	27	35	52	93	262	918	1,205	1,325	1,811
Cash & Equivalents	10	12	14	7.74	23	43	16	614	756	890	399
Restricted Cash	-	-	-	-	-	-	0.00	39	-	0.00	141
Accounts Receivable	2.13	2.79	6.38	13	7.77	15	39	63	184	270	755
Inventories, net	2.32	2.21	5.31	11	15	18	191	173	229	131	338
Prepaid Expenses	0.67	0.94	1.18	2.30	4.17	15	14	11	20	19	129
Other Current Assets	-	-	-	-	-	-	0.00	14	14	14	49
Plant, Property, & Equipment, net	0.02	0.03	0.06	0.12	0.13	0.58	3.18	10	25	56	88
Total Noncurrent Assets	0.00	0.00	0.00	0.00	39	38	48	294	307	387	3,221
Goodwill	-	-	-	0.00	10	10	15	14	14	72	918
Intangible Assets	-	-	-	0.00	17	17	16	12	12	12	1,392
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	-	0.00	9.02	0.50	30	39	96
Other Noncurrent Operating Assets	-	-	-	0.00	0.91	0.96	0.00	264	249	264	815
Total Liabilities & Shareholders' Equity	15	18	27	35	90	131	314	1,222	1,536	1,767	5,120
Total Liabilities	6.52	6.82	9.96	23	27	27	97	357	448	542	2,178
Total Current Liabilities	2.02	2.32	6.46	15	27	26	93	161	277	366	1,079
Short-Term Debt	-	-	-	0.00	8.63	-	-	-	-	0.00	25
Accounts Payable	1.81	1.75	6.31	15	17	25	72	36	43	41	138
Accrued Expenses	-	-	-	-	-	-	19	110	162	285	539
Current Deferred Revenue	0.03	0.21	-	-	-	-	0.00	9.68	9.51	9.51	27
Current Deferred & Payable Income Tax Liabilities	-	-	-	-	-	-	-	1.19	50	11	50
Other Current Liabilities	-	-	0.02	0.02	0.76	0.95	1.65	4.32	12	19	301
Total Noncurrent Liabilities	4.50	4.50	3.50	7.96	0.24	0.60	3.85	196	171	177	1,099
Long-Term Debt	4.50	4.50	3.50	7.96	0.00	-	-	-	-	0.00	670
Noncurrent Deferred Revenue	-	-	-	-	-	-	0.00	180	167	158	401
Other Noncurrent Operating Liabilities	-	-	-	0.00	0.24	0.51	0.70	0.33	0.96	19	28
Commitments & Contingencies	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	-	-	-	-	0.00	824	824	824	1,760
Total Equity & Noncontrolling Interests	8.74	11	17	12	63	104	217	40	264	400	1,181
Total Preferred & Common Equity	8.74	11	17	12	63	104	217	40	264	400	1,181
Total Common Equity	8.74	11	17	12	63	104	217	40	264	400	1,181
Common Stock	59	64	79	85	128	160	268	281	277	300	1,051
Retained Earnings	-50	-53	-62	-73	-63	-55	-51	-239	-12	106	176
Treasury Stock	-	-	-	-	-	-	-	-	-	-2.59	-48
Accumulated Other Comprehensive Income / (Loss)	-	0.00	-0.04	-0.03	-0.75	-0.20	0.61	-1.88	-0.70	-3.25	3.16

This table presents Celsius' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	1,328	1,292	1,399	1,546	1,646	1,719	1,704	1,860	3,795	5,266	5,158
Total Current Assets	1,027	993	1,072	1,215	1,315	1,385	1,363	1,411	1,391	1,942	1,864
Cash & Equivalents	592	595	681	760	879	903	904	977	615	806	549
Restricted Cash	135	38	0.00	0.00	-	-	-	-	-	127	0.00
Accounts Receivable	117	172	198	215	200	263	209	256	490	514	832
Inventories, net	154	154	153	199	198	181	198	141	230	283	364
Prepaid Expenses	12	16	23	24	22	23	38	22	41	163	69
Other Current Assets	14	14	14	14	14	14	14	14	14	50	49
Plant, Property, & Equipment, net	5.78	12	16	21	28	36	38	59	73	81	97
Total Noncurrent Assets	-237	287	311	309	303	298	302	389	2,331	3,243	3,197
Goodwill	13	14	14	14	14	14	14	72	802	915	920
Intangible Assets	11	12	12	12	12	11	12	12	1,222	1,398	1,386
Noncurrent Deferred & Refundable Income Taxes	0.00	0.48	28	31	22	23	24	39	43	110	86
Other Noncurrent Operating Assets	-265	259	257	253	254	249	252	245	264	820	805
Total Liabilities & Shareholders' Equity	1,328	1,292	1,399	1,546	1,646	1,719	1,704	1,860	3,795	5,266	5,158
Total Liabilities	444	387	444	508	483	479	456	592	1,704	2,302	2,147
Total Current Liabilities	271	192	269	336	315	313	289	418	660	1,029	1,051
Short-Term Debt	-	-	-	-	-	-	-	-	25	25	0.00
Accounts Payable	144	107	94	121	40	47	31	61	121	98	198
Accrued Expenses	116	69	99	137	193	236	232	303	426	546	679
Current Deferred Revenue	7.77	9.56	9.50	9.50	9.51	9.51	9.51	9.51	16	26	27
Current Deferred & Payable Income Tax Liabilities	-	-	59	59	59	5.37	0.74	26	22	50	64
Other Current Liabilities	4.03	5.77	7.68	9.52	14	15	16	18	50	285	83
Total Noncurrent Liabilities	172	195	174	172	168	166	167	174	1,044	1,273	1,096
Long-Term Debt	-	-	-	-	-	-	-	-	863	861	669
Noncurrent Deferred Revenue	146	175	172	169	165	162	160	155	156	387	395
Other Noncurrent Operating Liabilities	0.46	0.49	0.25	0.51	0.85	0.76	4.19	2.57	25	24	31
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	0.00	824	824	824	824	824	824	824	824	1,760	1,760
Total Equity & Noncontrolling Interests	1,319	81	131	213	338	416	424	443	1,267	1,203	1,251
Total Preferred & Common Equity	884	81	131	213	338	416	424	443	1,267	1,203	1,251
Total Common Equity	495	81	131	213	338	416	424	443	1,267	1,203	1,251
Common Stock	281	280	279	278	281	286	293	301	1,028	1,035	1,058
Retained Earnings	218	-198	-146	-62	59	132	131	143	236	165	272
Treasury Stock	-	-	-	-	-	-	-	-	-	-	-81
Accumulated Other Comprehensive Income / (Loss)	-4.21	-1.29	-1.88	-2.54	-2.06	-2.36	-0.34	-1.00	2.18	2.51	1.62

This table displays calculated financial ratios and metrics derived from Celsius' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	257,785,297.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	257,785,297.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.25
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	-1.28	-1.99	-5.66	-7.45	-1.45	7.81	-2.86	-110	207	116	122
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-274.42%	78.37%	28.95%	6.49%
Earnings before Interest and Taxes (EBIT)	-1.83	-2.84	-8.08	-11	-2.30	8.35	-4.37	-158	265	156	153
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-1.79	-2.82	-8.06	-11	-1.41	9.96	-3.10	-150	282	177	209
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-2.69	-8.25	-13	-38	-4.35	-142	-122	86	114	-2,640
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3.31	4.00	6.59	12	49	61	200	212	333	334	3,096
Increase / (Decrease) in Invested Capital	0.00	0.69	2.59	5.42	37	12	139	11	121	1.70	2,762
Book Value per Share	$0.26	$0.28	$0.38	$0.23	$0.92	$1.46	$2.90	$0.53	$3.42	$1.70	$4.58
Tangible Book Value per Share	$0.26	$0.28	$0.38	$0.23	$0.53	$1.08	$2.49	$0.19	$3.08	$1.35	($4.38)
Total Capital	13	15	21	20	72	104	217	865	1,089	1,225	3,636
Total Debt	4.50	4.50	3.50	7.96	8.63	0.08	0.00	0.16	0.19	0.21	695
Total Long-Term Debt	4.50	4.50	3.50	7.96	0.00	0.08	0.00	0.16	0.19	0.21	670
Net Debt	-5.63	-7.25	-11	0.22	-14	-43	-16	-653	-756	-890	155
Capital Expenditures (CapEx)	0.01	0.02	0.05	0.11	0.08	-0.76	1.26	8.26	17	23	36
Debt-free, Cash-free Net Working Capital (DFCFNWC)	3.09	3.61	6.40	12	10	24	153	104	172	69	217
Debt-free Net Working Capital (DFNWC)	13	15	21	20	33	67	169	757	928	959	757
Net Working Capital (NWC)	13	15	21	20	25	67	169	757	928	959	732
Net Nonoperating Expense (NNE)	0.87	1.08	2.58	3.76	-11	-0.72	-6.80	77	-20	-29	14
Net Nonoperating Obligations (NNO)	-5.44	-6.89	-11	0.22	-14	-43	-17	-653	-756	-890	155
Total Depreciation and Amortization (D&A)	0.03	0.02	0.02	0.07	0.89	1.61	1.26	7.80	17	21	56
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($0.03)	($0.06)	($0.08)	$0.05	$0.04	$0.02	$0.00	$0.79	$0.46	$0.25
Adjusted Weighted Average Basic Shares Outstanding	0.00	131.72M	137.91M	171.60M	182.29M	210.59M	221.34M	0.00	230.78M	233.67M	252.30M
Adjusted Diluted Earnings per Share	$0.00	($0.03)	($0.06)	($0.08)	$0.05	$0.04	$0.02	$0.00	$0.77	$0.45	$0.25
Adjusted Weighted Average Diluted Shares Outstanding	0.00	131.72M	137.91M	171.60M	192.55M	223.33M	233.07M	0.00	236.96M	237.40M	254.91M
Adjusted Basic & Diluted Earnings per Share	$0.00	($0.03)	($0.06)	($0.08)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	115.70M	133.26M	150.15M	207.72M	217.76M	226.01M	0.00	232.79M	235.13M	256.98M
Normalized Net Operating Profit after Tax (NOPAT)	-1.28	-1.99	-5.66	-7.45	-1.01	7.81	-2.86	-110	207	116	405
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Celsius' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	257,785,297.00	256,975,993.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	257,785,297.00	256,975,993.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	0.06	0.33
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	104.40%	95.23%	36.84%	23.35%	-30.93%	-4.39%	-7.43%	83.91%	172.85%	-	137.68%
EBITDA Growth	170.30%	326.06%	79.19%	45.25%	-97.22%	-119.14%	-32.33%	57.84%	-2,200.21%	-	182.97%
EBIT Growth	165.96%	282.93%	84.89%	47.12%	-103.01%	-130.69%	-35.85%	52.69%	-2,441.20%	-	175.44%
NOPAT Growth	175.78%	290.10%	88.15%	49.51%	-103.19%	-129.71%	-45.88%	53.44%	-2,140.99%	-	193.64%
Net Income Growth	146.15%	336.14%	88.74%	54.89%	-92.43%	-137.66%	-42.91%	25.16%	-1,059.94%	-	147.86%
EPS Growth	146.15%	241.67%	107.69%	64.71%	-100.00%	-158.82%	-44.44%	17.86%	0.00%	-	120.00%
Operating Cash Flow Growth	-29.41%	108.24%	1,073.53%	-32.86%	-85.76%	1,363.11%	-23.23%	10.26%	2,465.34%	-	-28.68%
Free Cash Flow Firm Growth	-240.92%	-125.85%	284.90%	120.03%	87.97%	81.07%	-74.51%	-20,821.34%	-3,704.07%	-	-18,368.09%
Invested Capital Growth	174.15%	57.09%	4.32%	22.80%	23.96%	0.51%	8.13%	600.94%	746.71%	-	921.45%
Revenue Q/Q Growth	18.07%	-9.70%	2.38%	13.01%	-33.89%	25.00%	-0.88%	124.51%	-1.91%	-	8.45%
EBITDA Q/Q Growth	49.65%	-37.64%	37.79%	12.96%	-97.14%	-529.22%	587.41%	163.38%	-138.12%	-	217.89%
EBIT Q/Q Growth	52.66%	-39.58%	40.56%	13.48%	-103.13%	-515.63%	393.94%	170.02%	-152.01%	-	373.65%
NOPAT Q/Q Growth	62.90%	-44.34%	60.65%	2.65%	-103.48%	-418.12%	392.67%	191.00%	-150.79%	-	290.07%
Net Income Q/Q Growth	62.98%	-40.30%	55.26%	2.53%	-92.03%	-396.98%	335.32%	124.80%	-161.10%	-	345.04%
EPS Q/Q Growth	62.98%	-43.33%	58.82%	3.70%	-100.00%	0.00%	250.00%	120.00%	-181.82%	-	450.00%
Operating Cash Flow Q/Q Growth	53.85%	-94.31%	2,503.42%	-70.56%	-67.37%	485.06%	36.60%	-57.71%	659.06%	-	161.72%
Free Cash Flow Firm Q/Q Growth	-1,144.14%	86.54%	175.33%	-84.13%	-847.19%	78.81%	201.39%	-13,006.14%	-37.17%	-	0.77%
Invested Capital Q/Q Growth	1.20%	19.71%	-14.82%	18.99%	2.16%	-2.94%	-8.36%	671.37%	23.41%	-	1.10%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	50.44%	47.85%	51.22%	52.02%	45.99%	50.17%	52.35%	51.52%	51.34%	-	48.31%
EBITDA Margin	26.49%	18.29%	24.62%	24.61%	1.07%	-3.66%	18.01%	21.12%	-8.21%	-	21.44%
Operating Margin	25.39%	16.97%	23.39%	23.45%	-1.21%	-5.57%	15.80%	19.34%	-11.03%	-	17.76%
EBIT Margin	25.35%	16.96%	23.28%	23.38%	-1.11%	-5.44%	16.14%	19.41%	-10.29%	-	18.70%
Profit (Net Income) Margin	21.82%	14.42%	21.88%	19.85%	2.39%	-5.68%	13.49%	13.51%	-8.41%	-	14.07%
Tax Burden Percent	80.15%	73.93%	84.16%	76.25%	77.75%	184.75%	72.83%	77.13%	69.31%	-	80.05%
Interest Burden Percent	107.41%	115.04%	111.64%	111.33%	-278.35%	56.51%	114.76%	90.22%	117.95%	-	93.95%
Effective Tax Rate	19.85%	26.07%	15.84%	23.75%	22.25%	0.00%	27.17%	22.87%	0.00%	-	19.95%
Return on Invested Capital (ROIC)	0.00%	60.72%	100.25%	87.06%	-4.14%	-15.84%	51.86%	18.40%	-10.07%	-	24.56%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	59.79%	99.22%	86.06%	-5.21%	-15.12%	51.15%	21.71%	-9.01%	-	24.84%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-43.12%	-72.59%	-62.08%	3.79%	10.76%	-38.74%	-4.11%	2.03%	-	-4.88%
Return on Equity (ROE)	13.19%	17.60%	27.66%	24.98%	-0.35%	-5.08%	13.13%	14.30%	-8.03%	-	19.68%
Cash Return on Invested Capital (CROIC)	-184.94%	31.64%	82.21%	65.70%	37.33%	34.21%	21.02%	-141.09%	-153.62%	-	-152.90%
Operating Return on Assets (OROA)	20.26%	16.21%	22.41%	22.34%	-0.93%	-4.47%	12.24%	11.73%	-6.28%	-	15.83%
Return on Assets (ROA)	17.44%	13.78%	21.05%	18.97%	2.02%	-4.66%	10.23%	8.16%	-5.13%	-	11.90%
Return on Common Equity (ROCE)	3.96%	2.74%	5.61%	6.22%	-0.10%	-1.46%	4.22%	7.22%	-3.10%	-	7.79%
Return on Equity Simple (ROE_SIMPLE)	72.87%	0.00%	77.88%	70.15%	50.53%	0.00%	25.20%	0.00%	0.00%	-	0.00%
Net Operating Profit after Tax (NOPAT)	78	44	70	72	-2.50	-13	38	110	-56	29	111
NOPAT Margin	20.35%	12.54%	19.68%	17.88%	-0.94%	-3.90%	11.51%	14.92%	-7.72%	-	14.22%
Net Nonoperating Expense Percent (NNEP)	0.46%	0.93%	1.03%	1.00%	1.06%	-0.72%	0.71%	-3.30%	-1.06%	-	-0.28%
Return On Investment Capital (ROIC_SIMPLE)	-	16.49%	-	-	-	-3.24%	8.25%	5.12%	-2.68%	1.52%	5.80%
Cost of Revenue to Revenue	49.56%	52.15%	48.78%	47.98%	54.01%	49.83%	47.65%	48.48%	48.66%	-	51.69%
SG&A Expenses to Revenue	25.05%	30.88%	27.84%	28.57%	47.20%	55.74%	36.55%	32.18%	28.35%	-	29.98%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Operating Expenses to Revenue	25.05%	30.88%	27.84%	28.57%	47.20%	55.74%	36.55%	32.18%	62.37%	-	30.55%
Earnings before Interest and Taxes (EBIT)	98	59	83	94	-2.94	-18	53	144	-75	31	146
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	102	64	88	99	2.83	-12	59	156	-60	53	168
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	61.85	47.84	57.08	32.01	17.25	15.48	18.90	9.44	12.33	-	7.29
Price to Tangible Book Value (P/TBV)	70.19	53.13	61.75	34.07	18.39	19.58	23.36	0.00	0.00	-	0.00
Price to Revenue (P/Rev)	11.49	9.58	13.65	8.93	5.33	4.57	6.30	7.17	6.98	-	3.07
Price to Earnings (P/E)	115.24	69.40	89.65	55.16	42.92	57.61	108.73	124.47	571.46	-	79.63
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Earnings Yield	0.87%	1.44%	1.12%	1.81%	2.33%	1.74%	0.92%	0.80%	0.18%	-	1.26%
Enterprise Value to Invested Capital (EV/IC)	47.70	38.17	67.91	39.22	20.98	18.32	26.88	5.52	5.67	-	3.51
Enterprise Value to Revenue (EV/Rev)	11.54	9.64	13.61	8.88	5.27	4.52	6.20	7.83	7.78	-	3.70
Enterprise Value to EBITDA (EV/EBITDA)	69.49	44.96	59.93	37.58	28.59	34.57	55.34	63.34	115.10	-	34.67
Enterprise Value to EBIT (EV/EBIT)	76.21	47.90	63.50	39.69	31.06	39.32	65.34	74.33	159.21	-	44.67
Enterprise Value to NOPAT (EV/NOPAT)	95.56	61.33	80.23	50.18	39.55	52.88	96.87	107.73	245.53	-	55.97
Enterprise Value to Operating Cash Flow (EV/OCF)	180.98	89.93	66.44	48.94	37.58	23.30	35.57	55.39	29.83	-	33.35
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	147.43	84.36	65.81	62.23	53.67	132.87	0.00	0.00	-	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.42	0.30	-	0.22
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.41	0.29	-	0.22
Financial Leverage	-1.04	-0.72	-0.73	-0.72	-0.73	-0.71	-0.76	-0.19	-0.23	-	-0.20
Leverage Ratio	1.22	1.41	1.42	1.42	1.42	1.43	1.44	1.66	1.66	-	1.64
Compound Leverage Factor	1.31	1.62	1.59	1.58	-3.96	0.81	1.66	1.49	1.95	-	1.54
Debt to Total Capital	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	1.26%	29.80%	23.03%	-	18.18%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.84%	0.65%	-	0.00%
Long-Term Debt to Total Capital	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	1.26%	28.96%	22.38%	-	18.18%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Noncontrolling Interests to Total Capital	79.43%	75.73%	70.90%	66.47%	66.05%	67.33%	64.22%	27.67%	45.72%	-	47.83%
Common Equity to Total Capital	20.55%	24.25%	29.08%	33.52%	33.94%	32.66%	34.52%	42.52%	31.25%	-	33.99%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.11	4.31	6.17	-	2.11
Net Debt to EBITDA	-3.98	-2.68	-2.74	-2.57	-3.57	-5.02	-6.46	1.32	-0.32	-	0.38
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.11	4.19	5.99	-	2.11
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.19	7.33	13.16	-	3.40
Net Debt to NOPAT	-5.48	-3.65	-3.66	-3.43	-4.94	-7.68	-11.30	2.25	-0.68	-	0.61
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.19	7.12	12.79	-	3.40
Altman Z-Score	17.17	18.62	25.76	18.58	11.28	8.32	10.05	5.09	4.47	-	3.48
Noncontrolling Interest Sharing Ratio	69.96%	84.43%	79.73%	75.10%	72.14%	71.29%	67.85%	49.50%	61.37%	-	60.41%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.62	4.36	4.17	4.43	4.71	3.62	3.38	2.11	1.89	-	1.77
Quick Ratio	2.92	3.41	3.43	3.73	3.85	3.17	2.95	1.68	1.28	-	1.31
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-575	-77	58	9.25	-69	-15	15	-1,916	-2,629	-2,734	-2,713
Operating Cash Flow to CapEx	1,545.60%	108.98%	2,975.67%	430.25%	304.76%	1,399.52%	1,488.58%	529.84%	3,207.36%	-	931.32%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-136.48	-196.24	-	-306.48
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.11	24.77	-	8.33
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.53	24.00	-	7.44
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.80	0.96	0.96	0.96	0.84	0.82	0.76	0.60	0.61	-	0.85
Accounts Receivable Turnover	6.91	10.67	7.60	6.47	6.47	5.97	5.82	4.42	5.89	-	5.45
Inventory Turnover	3.42	3.40	4.05	4.43	3.49	3.75	3.89	4.01	4.31	-	5.92
Fixed Asset Turnover	85.57	75.20	69.98	57.11	46.13	33.69	30.54	30.63	35.64	-	38.19
Accounts Payable Turnover	4.55	17.32	9.67	10.42	9.09	16.06	13.01	9.79	16.06	-	11.54
Days Sales Outstanding (DSO)	52.79	34.20	48.04	56.44	56.45	61.13	62.68	82.50	62.02	-	66.94
Days Inventory Outstanding (DIO)	106.79	107.27	90.14	82.37	104.65	97.39	93.81	90.93	84.76	-	61.66
Days Payable Outstanding (DPO)	80.26	21.07	37.74	35.04	40.15	22.73	28.05	37.28	22.73	-	31.64
Cash Conversion Cycle (CCC)	79.32	120.40	100.43	103.77	120.95	135.79	128.45	136.14	124.06	-	96.96
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	278	333	283	337	345	334	306	2,364	2,917	3,096	3,130
Invested Capital Turnover	-23.70	4.84	5.09	4.87	4.40	4.06	4.51	1.23	1.30	-	1.73
Increase / (Decrease) in Invested Capital	653	121	12	63	67	1.70	23	2,027	2,573	2,762	2,824
Enterprise Value (EV)	13,259	12,700	19,248	13,228	7,230	6,125	8,239	13,054	16,544	-	10,997
Market Capitalization	13,195	12,631	19,303	13,307	7,309	6,191	8,375	11,957	14,829	-	9,118
Book Value per Share	$2.77	$3.42	$1.45	$1.78	$1.82	$1.70	$1.88	$4.92	$4.66	$4.58	$4.87
Tangible Book Value per Share	$2.44	$3.08	$1.34	$1.68	$1.71	$1.35	$1.52	($2.94)	($4.30)	($4.38)	($4.10)
Total Capital	1,038	1,089	1,163	1,240	1,248	1,225	1,284	2,979	3,850	3,636	3,680
Total Debt	0.14	0.19	0.25	0.23	0.19	0.21	16	888	886	695	669
Total Long-Term Debt	0.14	0.19	0.25	0.23	0.19	0.21	16	863	861	670	669
Net Debt	-760	-756	-879	-903	-904	-890	-961	273	-46	155	120
Capital Expenditures (CapEx)	5.88	4.75	4.53	9.21	4.24	5.41	6.94	8.25	10	11	7.92
Debt-free, Cash-free Net Working Capital (DFCFNWC)	120	172	120	169	170	69	16	141	5.12	217	264
Debt-free Net Working Capital (DFNWC)	880	928	1,000	1,072	1,074	959	994	756	938	757	813
Net Working Capital (NWC)	880	928	1,000	1,072	1,074	959	994	731	913	732	813
Net Nonoperating Expense (NNE)	-5.65	-6.54	-7.80	-7.92	-8.85	5.93	-6.53	10	5.01	3.79	1.17
Net Nonoperating Obligations (NNO)	-760	-756	-879	-903	-904	-890	-961	273	-46	155	120
Total Depreciation and Amortization (D&A)	4.41	4.64	4.76	4.95	5.77	5.92	6.14	13	15	22	21
Debt-free, Cash-free Net Working Capital to Revenue	10.41%	13.07%	8.51%	11.33%	12.42%	5.08%	1.23%	8.47%	0.24%	-	8.88%
Debt-free Net Working Capital to Revenue	76.59%	70.43%	70.72%	71.95%	78.35%	70.75%	74.75%	45.39%	44.10%	-	27.38%
Net Working Capital to Revenue	76.59%	70.43%	70.72%	71.95%	78.35%	70.75%	74.75%	43.89%	42.93%	-	27.38%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.31	$0.17	$0.28	$0.29	$0.00	($0.10)	$0.15	$0.33	($0.27)	$0.06	$0.33
Adjusted Weighted Average Basic Shares Outstanding	231.01M	230.78M	232.78M	233.20M	233.70M	233.67M	235.19M	257.75M	257.78M	252.30M	257.01M
Adjusted Diluted Earnings per Share	$0.30	$0.17	$0.27	$0.28	$0.00	($0.10)	$0.15	$0.33	($0.27)	$0.06	$0.33
Adjusted Weighted Average Diluted Shares Outstanding	237.27M	236.96M	237.52M	237.60M	233.70M	237.40M	237.17M	260.21M	257.78M	254.91M	259.76M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.17	$0.00	$0.00	$0.00	($0.10)	$0.00	$0.00	$0.00	$0.06	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	231.68M	232.79M	233.08M	233.07M	235.03M	235.13M	257.74M	257.95M	257.79M	256.98M	255.64M
Normalized Net Operating Profit after Tax (NOPAT)	78	44	70	72	-2.50	-13	38	110	117	18	115
Normalized NOPAT Margin	20.35%	12.54%	19.68%	17.88%	-0.94%	-3.90%	11.51%	14.92%	16.09%	-	14.67%
Pre Tax Income Margin	27.22%	19.51%	25.99%	26.03%	3.08%	-3.08%	18.52%	17.51%	-12.14%	-	17.57%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.22	-5.57	-	16.54
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.85	-4.18	-	12.57
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9.63	-6.34	-	15.64
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.27	-4.95	-	11.68
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	17.65%	12.11%	10.45%	9.43%	12.86%	18.96%	24.57%	20.84%	46.93%	-	25.81%
Augmented Payout Ratio	17.65%	12.11%	10.45%	9.43%	12.86%	20.51%	28.33%	24.69%	52.92%	-	67.53%

Financials Breakdown Chart

Key Financial Trends

Here are the key trends from Celsius Holdings, Inc. (CELH) using the latest four years of quarterly data, focusing on the four most recent years provided (through Q4 2025). The data show a strong 2025 top line and improving cash flow, but also notable one-time charges and high noncontrolling interests.

Substantial 2025 revenue rebound: Q2 2025 revenue about $739.3M, Q3 2025 about $725.1M, and Q4 2025 about $721.6M, versus Q4 2024 revenue of about $332.2M. This marks a clear upshift in top-line scale year over year.
Gross margin remains solid in 2025: gross margins ran in the roughly mid-40s to low-50s percent range across the year (about 52% in early 2025 quarters, stabilizing around 51% for Q2/Q3, and around 47% in Q4 2025), indicating persistent profitability on product sales despite higher revenue.
Profitable quarters returning in 2025: Net income attributable to common shareholders was positive in several 2025 quarters (e.g., about $85.7M in Q2 2025 and about $14.4M in Q4 2025), with corresponding Basic and Diluted EPS showing meaningful improvement vs earlier periods.
Strong operating cash flow in mid-2025: Q3 2025 net cash from continuing operating activities was approximately $331.8M, signaling improved cash generation from core operations.
Healthy liquidity in mid-2025: cash and equivalents rose to about $806M in Q3 2025, up from roughly $615M in Q2 2025, providing a solid liquidity position to support ongoing activities.
Balance sheet scale expanded: Total assets grew to about $5.27B by Q3 2025, up from roughly $1.8B a year earlier, driven largely by intangible assets and goodwill consistent with expansion and integration activity.
Material noncontrolling interests and standalone liabilities: Redeemable noncontrolling interest stood at about $1.76B in Q3 2025, a sizable portion of the capital stack that can affect future earnings per share and equity returns.
One-time restructuring charge in 2025: Q3 2025 included a large restructuring charge of about $246.7M, which temporarily depressed operating income for that quarter.
Volatility in quarterly profitability: Q3 2025 shows negative operating income (about -$89.99M) despite other quarters posting profits, indicating quarter-to-quarter volatility tied to costs and charges.
Quarterly cash flow pressures in Q4 2025: Net change in cash for Q4 2025 was negative (~-$393.6M), with continuing operating activities also negative (~-$119.4M) and financing activity contributing to cash burn, underscoring near-term cash flow headwinds despite earlier positive quarters.

05/23/26 12:47 PM ETAI Generated. May Contain Errors.

Celsius Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Celsius' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Celsius' net income appears to be on an upward trend, with a most recent value of $108.00 million in 2025, falling from -$2.15 million in 2015. The previous period was $145.07 million in 2024. Check out Celsius' forecast to explore projected trends and price targets.

Celsius' total operating income in 2025 was $141.06 million, based on the following breakdown:

Total Gross Profit: $1.27 billion
Total Operating Expenses: $1.13 billion

Over the last 10 years, Celsius' total revenue changed from $17.22 million in 2015 to $2.52 billion in 2025, a change of 14,508.4%.

Celsius' total liabilities were at $2.18 billion at the end of 2025, a 301.5% increase from 2024, and a 33,298.3% increase since 2015.

In the past 10 years, Celsius' cash and equivalents has ranged from $7.74 million in 2018 to $890.19 million in 2024, and is currently $398.87 million as of their latest financial filing in 2025.

Over the last 10 years, Celsius' book value per share changed from 0.26 in 2015 to 4.58 in 2025, a change of 1,638.7%.

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Financial statements for NASDAQ:CELH last updated on 5/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Celsius (CELH) Financials

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Celsius (CELH) Financials

Annual Income Statements for Celsius

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Financials Breakdown Chart

Key Financial Trends

Celsius Financials - Frequently Asked Questions

When does Celsius' financial year end?

How has Celsius' net income changed over the last 10 years?

What is Celsius' operating income?

How has Celsius' revenue changed over the last 10 years?

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How has Celsius' book value per share changed over the last 10 years?

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