Filing Flows › Celsius Holdings (CELH) › How it makes money
How Celsius Holdings (CELH) makes money
Celsius Holdings (CELH) made $847M of revenue in the third quarter 2026 (Q3 2026), +17% from a year earlier. Of every dollar of revenue, 47¢ was left as gross profit, 20¢ was left as operating profit, 15¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $847M | 100.0% |
| Cost of revenue | $451M | 53.2% |
| Gross profit | $396M | 46.8% |
| Operating expenses | $224M | 26.5% |
| Operating profit | $172M | 20.3% |
| Income tax | $36.1M | 4.3% |
| Net earnings | $127M | 15.0% |
| Operating cash flow | $154M | 18.2% |
| Free cash flow | $128M | 15.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $847M | +17% |
| Q2 2026 | $818M | +11% |
| Q1 2026 | $783M | +138% |
| Q4 2025 | $722M | +117% |
| Q3 2025 | $725M | +173% |
| Q2 2025 | $739M | +84% |
| Q1 2025 | $329M | -7% |
From Celsius Holdings' 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Celsius Holdings make money?
Celsius Holdings (CELH) made $847M of revenue in the third quarter 2026 (Q3 2026), +17% from a year earlier. Of every dollar of revenue, 47¢ was left as gross profit, 20¢ was left as operating profit, 15¢ was left as net earnings.
What is Celsius Holdings' profit margin?
Net earnings were $127M, 15.0% of revenue, in the third quarter 2026; the operating margin was 20.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.