Key Highlights
- CELH shares climbed approximately 6.3% in premarket sessions following stronger-than-expected Q1 results
- First quarter revenue reached an all-time high of $782.6 million, representing a 138% increase year-over-year
- Adjusted earnings per share of $0.41 exceeded analyst expectations of $0.30 by $0.11
- Recent acquisitions of Alani Nu and Rockstar Energy brands were primary catalysts behind revenue expansion
- Gross profit margin contracted to 48.3% from the previous year’s 52.3%, attributed to lower-margin acquired properties
Shares of Celsius Holdings (CELH) experienced a significant premarket surge of approximately 6.3% on Thursday following the company’s announcement of exceptional first-quarter financial performance, with revenue reaching an unprecedented $782.6 million—a substantial increase from the $329.3 million reported in the corresponding quarter of the previous year.
The company delivered adjusted earnings per share of $0.41, substantially outperforming Wall Street’s consensus forecast of $0.30 by a margin of $0.11. This significant earnings beat caught investor attention and drove the morning rally.
The dramatic revenue expansion was primarily driven by strategic acquisitions completed over the past year—Alani Nu, which closed in April 2025, and Rockstar Energy, finalized in August 2025. During the quarter, Alani Nu contributed an impressive $368.1 million to total sales, while Rockstar Energy added another $66.6 million.
Meanwhile, the flagship CELSIUS brand demonstrated solid organic growth, with revenue increasing approximately 6% compared to the first quarter of 2025.
On the international front, the company generated $35.3 million in revenue, marking a 55% year-over-year increase, with particularly strong performance in Nordic markets and other strategic expansion territories.
Net income climbed 148% to reach $110.1 million. Diluted earnings per share doubled to $0.33, while adjusted EBITDA experienced a remarkable 181% surge to $195.5 million.
Profitability Margins Face Pressure
The company’s gross profit margin experienced compression, declining to 48.3% from 52.3% recorded in the same period last year. Management explained this contraction as a result of the naturally lower margin structures associated with the Alani Nu and Rockstar Energy product lines.
On a more optimistic note, Celsius reported improvements in underlying raw material costs relative to the fourth quarter of 2025, as both newly acquired brands were successfully integrated into the company’s consolidated procurement framework.
Selling, general, and administrative expenses decreased as a percentage of total revenue, indicating the company is beginning to realize operational efficiencies and scale advantages.
During the quarter, the company executed share repurchases totaling $24.1 million.
Category Position and Retail Presence
The combined brand portfolio of Celsius Holdings—encompassing CELSIUS, Alani Nu, and Rockstar—captured approximately 20.9% dollar share of the entire U.S. energy drink market during the first quarter.
The portfolio was responsible for 45% of all growth within the zero-sugar segment of the U.S. energy drink category throughout this period.
Across U.S. tracked retail channels, the portfolio achieved retail sales growth of 29.8% during the 13-week period concluding March 29, 2026.
The company continues to leverage its distribution partnership with PepsiCo’s extensive network to expand reach across both domestic and international markets.
CEO John Fieldly characterized the first quarter as “a defining period,” pointing to the record-breaking revenue performance as validation of the combined brand portfolio’s market strength.
The latest analyst coverage on CELH carries a Hold rating with an established price target of $47.00.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
