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Celsius Holdings (CELH) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Celsius Holdings (CELH) reported revenue of $818M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +5% from the quarter before. Operating margin was 9.2%, net earnings $55.3M (6.8% of revenue).

Revenue$818M
Year over year+11%
Quarter over quarter+5%
Operating margin9.2%
Net earnings$55.3M

Celsius Holdings, Q2 2026: revenue $818M (+11% year over year), operating margin 9.2%, net earnings $55.3M, operating cash flow $223M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$818M+5%+11%
Gross profit$394M+4%+3%
Operating profit$75.3M-46%-47%
Net earnings$55.3M-50%-45%
Operating cash flow$223M+202%+409%
Free cash flow$205M+212%+479%

What changed

Revenue was $817.9M in Q2 2026, up 11% year over year and up 5% from the previous quarter.

Gross margin was 48.1%, down 3.4 points from Q2 2025. Operating profit was $75.3M, a 9.2% margin (down 10.1 points year over year). Operating profit fell $67.7M even though revenue rose $78.7M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 34% against revenue growth of 11%. Net earnings were $55.3M, down 45% year over year. The effective tax rate was 20.5%.

Operating cash flow was $222.5M (up 409% year over year), 402% of net earnings. Non-cash charges added back $10.1M of depreciation and amortization and $10.6M of share-based compensation. Working capital and other items added $146.6M. Capital expenditures of $17.1M left free cash flow of $205.5M.

Questions

What was Celsius Holdings' revenue in the second quarter 2026?

Celsius Holdings (CELH) reported revenue of $818M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +5% from the quarter before.

Was Celsius Holdings profitable in the second quarter 2026?

Operating profit was $75.3M (9.2% of revenue) and net earnings $55.3M.

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Source: Celsius Holdings 10-Q on SEC EDGAR.