Filing Flows › Celsius Holdings (CELH) › Q2 2025
Celsius Holdings (CELH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Celsius Holdings (CELH) reported revenue of $739M for the second quarter 2025 (Q2 2025), +84% from a year earlier and +125% from the quarter before. Operating margin was 19.3%, net earnings $99.9M (13.5% of revenue).
Celsius Holdings, Q2 2025: revenue $739M (+84% year over year), operating margin 19.3%, net earnings $99.9M, operating cash flow $43.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $739M | +125% | +84% |
| Gross profit | $381M | +121% | +82% |
| Operating profit | $143M | +175% | +52% |
| Net earnings | $99.9M | +125% | +25% |
| Operating cash flow | $43.7M | -58% | +10% |
| Free cash flow | $35.5M | -63% | +17% |
What changed
Revenue was $739.3M in Q2 2025, up 84% year over year and up 125% from the previous quarter.
Gross margin was 51.5%, down 0.5 points from a year earlier. Operating profit was $143.0M, a 19.3% margin (down 4.1 points year over year). Of the extra revenue versus a year earlier, 14% reached operating profit, below the 23% margin then. Operating expenses grew 107% against revenue growth of 84%. Net earnings were $99.9M, up 25% year over year. The effective tax rate was 22.9%.
Operating cash flow was $43.7M (up 10% year over year), 44% of net earnings. Non-cash charges added back $9.1M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items used $71.7M. Capital expenditures of $8.2M left free cash flow of $35.5M.
Questions
What was Celsius Holdings' revenue in the second quarter 2025?
Celsius Holdings (CELH) reported revenue of $739M for the second quarter 2025 (Q2 2025), +84% from a year earlier and +125% from the quarter before.
Was Celsius Holdings profitable in the second quarter 2025?
Operating profit was $143M (19.3% of revenue) and net earnings $99.9M.
Source: Celsius Holdings 10-Q on SEC EDGAR.