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Celsius Holdings (CELH) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 5, 2026

Celsius Holdings (CELH) reported revenue of $847M for the third quarter 2026 (Q3 2026), +17% from a year earlier and +4% from the quarter before. Operating margin was 20.3%, net earnings $127M (15.0% of revenue).

Revenue$847M
Year over year+17%
Quarter over quarter+4%
Operating margin20.3%
Net earnings$127M

Celsius Holdings, Q3 2026: revenue $847M (+17% year over year), operating margin 20.3%, net earnings $127M, operating cash flow $154M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$847M+4%+17%
Gross profit$396M+0.7%+6%
Operating profit$172M+129%—
Net earnings$127M+130%—
Operating cash flow$154M-31%-54%
Free cash flow$128M-38%-60%

What changed

Revenue was $847.2M in Q3 2026, up 17% year over year and up 4% from the previous quarter.

Gross margin was 46.8%, down 4.6 points from Q3 2025. Operating profit was $172.1M, a 20.3% margin (up 31.3 points year over year). Operating expenses fell 50% while revenue rose 17%. Net earnings were $127.0M. The effective tax rate was 22.1%.

Operating cash flow was $153.9M (down 54% year over year), 121% of net earnings. Non-cash charges added back $10.6M of depreciation and amortization and $8.7M of share-based compensation. Capital expenditures of $26.2M left free cash flow of $127.7M.

Questions

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

Celsius Holdings (CELH) reported revenue of $847M for the third quarter 2026 (Q3 2026), +17% from a year earlier and +4% from the quarter before.

Was Celsius Holdings profitable in the third quarter 2026?

Operating profit was $172M (20.3% of revenue) and net earnings $127M.

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Source: Celsius Holdings 10-Q on SEC EDGAR.