Filing Flows › Celsius Holdings (CELH) › Q2 2026
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).
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 2026 | Amount | Q/Q | Y/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.
Source: Celsius Holdings 10-Q on SEC EDGAR.