Key Highlights
- CELH climbed approximately 6.3% in premarket hours following strong Q1 results
- Quarterly revenue reached an all-time high of $782.6 million, representing 138% annual growth
- Adjusted earnings per share of $0.41 exceeded analyst expectations of $0.30
- Recent acquisitions of Alani Nu and Rockstar Energy powered significant revenue expansion
- Gross profit margin decreased to 48.3% from the previous year’s 52.3% due to acquired brand economics
Celsius Holdings (CELH) shares advanced approximately 6.3% during Thursday’s premarket session following the announcement of exceptional first-quarter results showing revenue of $782.6 million, compared to $329.3 million during the corresponding quarter last year.
The company’s adjusted earnings per share reached $0.41, surpassing Wall Street’s $0.30 estimate by $0.11. This substantial outperformance captured investor attention.
Two strategic acquisitions powered the majority of revenue expansion — Alani Nu, which closed in April 2025, and Rockstar Energy, finalized in August 2025. During the quarter, Alani Nu generated $368.1 million in sales, while Rockstar contributed $66.6 million.
The flagship CELSIUS brand maintained momentum with approximately 6% revenue growth versus the first quarter of 2025.
International markets delivered $35.3 million in revenue, climbing 55% annually, with the Nordic region and other expansion territories leading the advance.
Net income increased 148% to $110.1 million. Diluted earnings per share doubled to $0.33, while adjusted EBITDA jumped 181% to $195.5 million.
Profitability Metrics Show Mixed Results
Gross profit margin contracted to 48.3% from 52.3% in the year-ago quarter. Management pointed to the lower profitability characteristics of Alani Nu and Rockstar Energy as the primary factor.
On a brighter note, Celsius reported that fundamental raw material expenses showed improvement relative to the fourth quarter of 2025 as both acquired properties were absorbed into the company’s consolidated procurement framework.
Selling, general, and administrative expenses declined as a proportion of total revenue, demonstrating emerging operational efficiency.
During the quarter, the company executed $24.1 million in share repurchases.
Competitive Position and Channel Performance
The unified brand portfolio of Celsius Holdings — spanning CELSIUS, Alani Nu, and Rockstar — captured approximately 20.9% of dollar share within the U.S. energy drink market during the first quarter.
These combined brands represented 45% of all growth in the zero-sugar energy beverage segment across the United States throughout the reporting period.
Across monitored U.S. retail channels, portfolio-wide sales increased 29.8% during the 13-week timeframe concluding March 29, 2026.
The company continues to utilize PepsiCo’s extensive distribution infrastructure for both domestic operations and international expansion initiatives.
CEO John Fieldly characterized Q1 as “a defining period,” pointing to the record-setting revenue as validation of the multi-brand strategy’s effectiveness.
The latest Wall Street analyst consensus rates CELH as a Hold with a price target of $47.00.
