Filing Flows › Celsius Holdings (CELH) › Q3 2026 › vs Q3 2025
Celsius Holdings (CELH) Q3 2026 vs Q3 2025 (year over year)
Celsius Holdings's revenue rose $122M (+17%) from $725M in Q3 2025 to $847M in Q3 2026. Gross margin 46.8% against 51.3% (-4.6 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 46.8% | 51.3% | -4.6 pts |
| Operating margin | 20.3% | -11.0% | +31.3 pts |
| Net margin | 15.0% | -8.4% | +23.4 pts |
| Free cash flow margin | 15.1% | 44.3% | -29.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $847M | $725M | $122M | +17% |
| Gross profit | $396M | $372M | $24.0M | +6% |
| Cost of revenue | $451M | $353M | $98.1M | +28% |
| Operating profit | $172M | −$80.0M | $252M | — |
| Operating expenses | $224M | $452M | −$228M | -50% |
| Pre-tax earnings | $163M | −$88.0M | $251M | — |
| Other expense, net | $9.0M | $8.0M | $966K | +12% |
| SG&A | $221M | $206M | $15.1M | +7% |
| Other operating costs | $3.5M | $247M | −$243M | -99% |
| Net earnings | $127M | −$61.0M | $188M | — |
| Income tax | $36.1M | −$27.0M | $63.1M | — |
| Depreciation & amortization | $10.6M | $8.8M | $1.8M | +21% |
| Share-based compensation | $8.7M | $7.4M | $1.3M | +18% |
| Working capital & other | $7.6M | $377M | −$369M | -98% |
| Operating cash flow | $154M | $332M | −$178M | -54% |
| Free cash flow (OCF − capex) | $128M | $321M | −$194M | -60% |
| Capital expenditures | $26.2M | $10.3M | $15.9M | +154% |
Questions
How much did Celsius Holdings's revenue grow year over year in Q3 2026?
Celsius Holdings's revenue rose $122M (+17%) from $725M in Q3 2025 to $847M in Q3 2026. Gross margin 46.8% against 51.3% (-4.6 pts).