Filing Flows › Celsius Holdings (CELH) › Q3 2026 › vs Q2 2026
Celsius Holdings (CELH) Q3 2026 vs Q2 2026 (quarter over quarter)
Celsius Holdings's revenue rose $29.3M (+4%) from $818M in Q2 2026 to $847M in Q3 2026. Gross margin 46.8% against 48.1% (-1.4 pts).
Celsius Holdings, Q3 2026: revenue $847M (+17% year over year), operating margin 20.3%, net earnings $127M, operating cash flow $154M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 46.8% | 48.1% | -1.4 pts |
| Operating margin | 20.3% | 9.2% | +11.1 pts |
| Net margin | 15.0% | 6.8% | +8.2 pts |
| Free cash flow margin | 15.1% | 25.1% | -10.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $847M | $818M | $29.3M | +4% |
| Gross profit | $396M | $394M | $2.6M | +0.7% |
| Cost of revenue | $451M | $424M | $26.7M | +6% |
| Operating profit | $172M | $75.3M | $96.8M | +129% |
| Operating expenses | $224M | $318M | −$94.2M | -30% |
| Pre-tax earnings | $163M | $69.5M | $93.5M | +135% |
| Other expense, net | $9.0M | $5.7M | $3.3M | +57% |
| SG&A | $221M | $238M | −$16.9M | -7% |
| Other operating costs | $3.5M | $80.9M | −$77.4M | -96% |
| Net earnings | $127M | $55.3M | $71.7M | +130% |
| Income tax | $36.1M | $14.2M | $21.9M | +154% |
| Depreciation & amortization | $10.6M | $10.1M | $516K | +5% |
| Share-based compensation | $8.7M | $10.6M | −$1.9M | -18% |
| Working capital & other | $7.6M | $147M | −$139M | -95% |
| Operating cash flow | $154M | $223M | −$68.6M | -31% |
| Free cash flow (OCF − capex) | $128M | $205M | −$77.8M | -38% |
| Capital expenditures | $26.2M | $17.1M | $9.2M | +54% |
Questions
How much did Celsius Holdings's revenue grow quarter over quarter in Q3 2026?
Celsius Holdings's revenue rose $29.3M (+4%) from $818M in Q2 2026 to $847M in Q3 2026. Gross margin 46.8% against 48.1% (-1.4 pts).