Celsius Holdings Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Celsius Holdings Inc reported revenue of $2.5B (+85.5% year on year) and net income of $125.0M (-35.9% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenue | $2.5B | $1.4B | $1.3B | $653.6M |
| Cost of revenue | $1.2B | $675.4M | $684.9M | $382.7M |
| Gross profit | $1.3B | $680.2M | $633.1M | $270.9M |
| Selling, general and administrative expenses | $798.8M | $524.5M | $366.8M | — |
| Distributor termination fees | $327.5M | — | — | — |
| Income from operations | $141.1M | $155.7M | $266.4M | ($157.8M) |
| Interest income | $21.1M | $39.3M | $26.5M | $5.3M |
| Interest expense | ($49.0M) | — | — | — |
| Other, net | $11.9M | $1.8M | — | — |
| Total other (expense) income | ($16.0M) | $39.3M | $25.4M | $5.1M |
| Net income before provision for income taxes | $125.0M | $195.1M | $291.7M | ($152.7M) |
| Provision for income taxes | ($17.0M) | ($50.0M) | ($64.9M) | ($34.6M) |
| Net income | $108.0M | $145.1M | $226.8M | ($187.3M) |
| Dividends on convertible preferred stock | ($37.6M) | ($27.5M) | ($27.5M) | ($11.5M) |
| Income allocated to participating preferred stock | ($6.6M) | ($10.1M) | ($17.3M) | — |
| Net income attributable to common stockholders | $63.8M | $107.5M | $182.0M | ($198.8M) |
| Foreign currency translation | $6.4M | — | — | — |
| Comprehensive income | $70.2M | $104.9M | $183.2M | ($201.3M) |
| Basic (in USD per share) | $0.25 | $0.46 | $0.79 | -$2.63 |
| Diluted (in USD per share) | $0.25 | $0.45 | $0.77 | -$2.63 |
| Basic (in shares) | 252.3M | 233.7M | 230.8M | 75.6M |
| Diluted (in shares) | 254.9M | 237.4M | 237.0M | 75.6M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Revenue | $817.9M | $782.6M | $725.1M | $739.3M |
| Cost of revenue | $424.2M | $404.5M | $352.8M | $358.4M |
| Gross profit | $393.7M | $378.1M | $372.3M | $380.9M |
| Selling, general and administrative expenses | $237.6M | $234.6M | $205.6M | $237.9M |
| Distributor termination fees | $80.9M | $4.4M | $246.7M | — |
| Income from operations | $75.3M | $139.0M | ($80.0M) | $143.0M |
| Interest income | $3.7M | $3.0M | $4.8M | $4.0M |
| Interest expense | ($11.6M) | ($11.8M) | ($18.2M) | ($18.1M) |
| Other, net | $2.2M | $7.4M | $5.4M | $542.0K |
| Total other expense, net | ($5.7M) | ($1.5M) | ($8.0M) | ($13.5M) |
| Net income before provision for income taxes | $69.5M | $137.5M | ($88.0M) | $129.5M |
| Provision for income taxes | ($14.2M) | ($27.4M) | $27.0M | ($29.6M) |
| Net income | $55.3M | $110.1M | ($61.0M) | $99.9M |
| Dividends on convertible Preferred Stock | ($14.1M) | ($14.0M) | ($9.7M) | ($6.9M) |
| Income allocated to participating Preferred Stock | ($4.7M) | ($11.0M) | $0 | ($7.3M) |
| Net income attributable to common stockholders | $36.4M | $85.1M | ($70.7M) | $85.7M |
| Foreign currency translation (loss) gain, net of income tax | ($1.3M) | ($1.5M) | — | — |
| Comprehensive income | $35.1M | $83.5M | ($70.3M) | $88.9M |
| Basic (in USD per share) | $0.14 | $0.33 | -$0.27 | $0.33 |
| Diluted (in USD per share) | $0.14 | $0.33 | -$0.27 | $0.33 |
| Basic (in shares) | 254.8M | 257.0M | 257.8M | 257.8M |
| Diluted (in shares) | 256.9M | 259.8M | 257.8M | 260.2M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $398.9M | $890.2M | $756.0M | $614.2M |
| Restricted cash | $141.1M | — | $0 | $38.8M |
| Accounts receivable-net | $755.5M | $270.3M | $183.7M | $63.3M |
| Inventories-net | $337.7M | $131.2M | $229.3M | $173.3M |
| Prepaid expenses and other current assets | $128.8M | $18.8M | $19.5M | $11.3M |
| Deferred other costs-current | $49.2M | $14.1M | $14.1M | $14.1M |
| Total current assets | $1.8B | $1.3B | $1.2B | $918.0M |
| Property, plant and equipment-net | $87.9M | $55.6M | $24.9M | $10.2M |
| Intangible assets, net (excluding goodwill) | $1.4B | $12.2M | $12.1M | $12.3M |
| Goodwill | $917.6M | $71.6M | $14.2M | $13.7M |
| Deferred other costs-non-current | $771.6M | $234.2M | $248.3M | $262.5M |
| Deferred tax assets | $96.0M | $38.7M | $29.5M | $501.0K |
| Other long-term assets | $43.4M | $8.2M | $291.0K | $263.0K |
| Total Assets | $5.1B | $1.8B | $1.5B | $1.2B |
| Accounts payable | $137.9M | $41.3M | $42.8M | — |
| Accrued expenses | $230.7M | $148.8M | $62.1M | — |
| Income taxes payable | $49.6M | $10.8M | $50.4M | — |
| Accrued distributor termination fees | $264.1M | — | $0 | $4.0M |
| Accrued promotional allowance | $307.9M | $135.9M | $99.8M | $36.0M |
| Contingent consideration | $25.0M | — | — | — |
| Deferred revenue-current | $27.0M | $9.5M | $9.5M | $9.7M |
| Other current liabilities | $36.5M | $15.8M | $10.9M | $3.6M |
| Total current liabilities | $1.1B | $365.5M | $276.6M | $161.3M |
| Long-term debt | $669.9M | — | — | — |
| Deferred revenue-non-current | $401.2M | $157.7M | $167.2M | $179.8M |
| Other long term liabilities | $28.4M | — | — | — |
| Total Liabilities | $2.2B | $542.5M | $447.9M | $357.5M |
| Series A convertible preferred stock, $0.001 par value per share, 1,467 shares issued and outstanding as of December 31, 2025 and December 31, 2024 and Series B convertible preferred stock, $0.001 par value per share, 390 shares and 0 shares issued and outstanding as of December 31, 2025 and December 31, 2024 | $1759975000.00 | $824488000.00 | $824488000.00 | — |
| Common Stock, $0.001 par value per share; 400,000 shares authorized; 258,108 shares issued and 256,906 shares outstanding as of December 31, 2025; and 235,087 shares issued and 235,014 shares outstanding as of December 31, 2024. | $101000.00 | $79000.00 | $77000.00 | $76000.00 |
| Treasury stock, at cost; 1,202 shares and 73 shares as of December 31, 2025 and 2024, respectively | -48.2M | — | — | — |
| Additional paid-in capital | $1.1B | $297.6M | $276.7M | $280.7M |
| Accumulated other comprehensive income (loss) | $3.2M | ($3.3M) | ($701.0K) | ($1.9M) |
| Retained earnings | $175.9M | $105.5M | ($12.1M) | ($238.8M) |
| Total Stockholders’ Equity | $1.2B | $399.9M | $264.0M | $40.1M |
| Total Liabilities, Mezzanine Equity and Stockholders’ Equity | $5.1B | $1.8B | $1.5B | $1.2B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $631.2M | $549.2M | $806.0M | $615.2M |
| Restricted cash | $1.9M | $0 | $126.5M | — |
| Accounts receivable-net | $735.3M | $832.4M | $513.7M | $490.4M |
| Inventories-net | $390.6M | $364.1M | $282.5M | $230.0M |
| Prepaid expenses and other current assets | $67.4M | $69.1M | $163.4M | $41.4M |
| Deferred other costs-current | $49.5M | $49.5M | $49.5M | $14.1M |
| Total current assets | $1.9B | $1.9B | $1.9B | $1.4B |
| Property, plant and equipment-net | $108.7M | $96.8M | $80.9M | $72.5M |
| Intangible assets, net (excluding goodwill) | $1.4B | $1.4B | $1.4B | $1.2B |
| Goodwill | $919.7M | $919.8M | $915.0M | $802.2M |
| Deferred other costs-non-current | $746.7M | $759.1M | $784.2M | $227.2M |
| Deferred tax assets | $93.3M | $86.4M | $110.4M | $43.2M |
| Other long-term assets | $44.0M | $45.5M | $35.8M | $36.8M |
| Total Assets | $5.2B | $5.2B | $5.3B | $3.8B |
| Accounts payable | $202.1M | $198.2M | $97.8M | $121.0M |
| Accrued expenses | $264.6M | $278.0M | $311.8M | $225.9M |
| Income taxes payable | $40.8M | $64.4M | $49.6M | $21.8M |
| Accrued distributor termination fees | $8.8M | $40.0M | $253.0M | — |
| Accrued promotional allowance | $453.0M | $401.1M | $234.1M | $200.2M |
| Contingent consideration | $0 | $0 | $25.0M | $25.0M |
| Deferred revenue-current | $31.5M | $26.9M | $25.6M | $16.1M |
| Other current liabilities | $42.9M | $42.7M | $32.3M | $49.9M |
| Total current liabilities | $1.0B | $1.1B | $1.0B | $659.8M |
| Long-term debt | $667.9M | $668.9M | $861.5M | $862.9M |
| Deferred revenue-non-current | $463.9M | $395.3M | $387.4M | $156.1M |
| Other long term liabilities | $33.3M | $31.4M | $24.4M | $25.0M |
| Total Liabilities | $2.2B | $2.1B | $2.3B | $1.7B |
| Series A convertible preferred stock, $0.001 par value per share, 1,467 shares issued and outstanding as of both June 30, 2026 and December 31, 2025 and Series B convertible preferred stock, $0.001 par value per share, 390 shares issued and outstanding as of both June 30, 2026 and December 31, 2025 | $1759975000.00 | $1759975000.00 | $1760275000.00 | $824488000.00 |
| Common Stock, $0.001 par value per share; 400,000 shares authorized; 258,703 shares issued and 253,341 shares outstanding as of June 30, 2026; and 258,108 shares issued and 256,906 shares outstanding as of December 31, 2025 | $101000.00 | $101000.00 | $101000.00 | $101000.00 |
| Treasury stock, at cost; 5,362 shares and 1,202 shares as of June 30, 2026 and December 31, 2025, respectively | -183.5M | -81.1M | — | — |
| Additional paid-in capital | $1.1B | $1.1B | $1.0B | $1.0B |
| Accumulated other comprehensive income | $335.0K | $1.6M | $2.5M | $2.2M |
| Retained earnings | $313.2M | $272.0M | $165.5M | $236.2M |
| Total Stockholders’ Equity | $1.2B | $1.3B | $1.2B | $1.3B |
| Total Liabilities, Mezzanine Equity and Stockholders’ Equity | $5.2B | $5.2B | $5.3B | $3.8B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $108.0M | $145.1M | $226.8M | ($187.3M) |
| Depreciation and amortization | $29.5M | $7.3M | $3.2M | — |
| Allowance for credit losses | $10.6M | $3.3M | $2.1M | $2.4M |
| Amortization of deferred other costs | $26.3M | $14.1M | $14.1M | $5.9M |
| Inventory excess and obsolescence | $29.2M | $19.1M | $7.3M | $6.1M |
| Stock-based compensation expense | $28.1M | $19.6M | $21.2M | $20.7M |
| Deferred income taxes-net | ($57.3M) | ($9.7M) | ($42.1M) | — |
| Change in fair value of contingent consideration | $13.8M | — | — | — |
| Loss on debt extinguishment | $6.0M | — | — | — |
| Other operating activities-net | ($1.7M) | ($324.0K) | — | — |
| Accounts and note receivable-net | ($412.1M) | — | — | — |
| Inventories | ($129.8M) | $77.2M | ($63.3M) | $11.8M |
| Prepaid expenses and other current assets | ($108.3M) | $1.1M | ($8.0M) | $2.2M |
| Other long-term assets | $2.9M | ($4.9M) | — | — |
| Accounts payable | $51.3M | ($1.2M) | $5.2M | — |
| Accrued expenses | $45.6M | $85.4M | ($8.0M) | — |
| Income taxes payable | $38.8M | ($39.5M) | $48.1M | — |
| Accrued promotional allowance | $153.6M | $36.2M | $63.8M | $16.9M |
| Accrued distributor termination fees | $257.6M | ($248.0K) | ($3.7M) | $4.0M |
| Other current liabilities | $9.9M | $4.9M | $7.3M | $2.6M |
| Deferred revenue | $255.1M | ($9.5M) | ($12.7M) | — |
| Other long-term liabilities | $2.5M | — | — | $189.5M |
| Net cash provided by operating activities | $359.4M | $262.9M | $141.2M | $108.2M |
| Collections from note receivable | $0 | $0 | $3.2M | — |
| Purchase of property, plant and equipment | ($36.1M) | ($23.4M) | ($17.4M) | ($8.3M) |
| Purchase of non-marketable equity securities | ($10.0M) | ($3.0M) | — | — |
| Acquisition, net of cash acquired | ($1.3B) | ($75.3M) | — | — |
| Net working capital estimate received from Pepsi related to the Rockstar Acquisition | $29.2M | — | — | — |
| Net cash used in investing activities | ($1.3B) | ($101.7M) | ($14.2M) | ($5.7M) |
| Cash dividends paid on preferred stock | ($37.6M) | ($27.5M) | ($27.5M) | ($11.5M) |
| Repurchase of Common Stock related to employee tax withholdings | ($5.7M) | ($2.3M) | — | — |
| Repurchase of Common Stock for Treasury | ($39.8M) | — | — | — |
| Proceeds from term loan | $900.0M | — | — | — |
| Payments on term loan | ($201.8M) | — | — | — |
| Payment of debt issuance costs and debt discount | ($29.7M) | — | — | — |
| Payment of revolver fees | ($2.7M) | — | — | — |
| Other financing activities-net | ($7.0K) | — | — | $0 |
| Net cash provided by (used in) financing activities | $582.8M | ($26.0M) | ($25.2M) | $534.1M |
| Effect on exchange rate changes on cash, cash equivalents and restricted cash | $3.3M | ($997.0K) | $1.3M | $50.0K |
| Net (decrease) increase in cash, cash equivalents and restricted cash | ($350.2M) | $134.2M | $103.1M | $636.7M |
| Cash, cash equivalents and restricted cash at beginning of the period | $890.2M | $756.0M | $652.9M | $16.3M |
| Cash, cash equivalents and restricted cash at end of the period | $540.0M | — | $756.0M | $652.9M |
| Interest | $45.8M | — | $0 | $0 |
| Taxes, net of refunds received | $64.2M | — | — | — |
| Acquisition date fair value of Alani Nu contingent consideration | $11.2M | — | — | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $165.4M | $110.1M | $83.3M | $144.3M |
| Depreciation and amortization | $19.2M | $9.1M | $20.5M | $11.7M |
| Allowance for credit losses | $361.0K | $3.0M | $3.2M | $5.5M |
| Amortization of deferred other costs | $24.6M | $12.2M | $13.4M | $7.1M |
| Inventory excess and obsolescence | $5.9M | $1.8M | $22.3M | $15.3M |
| Stock-based compensation expense | $18.2M | $7.6M | $18.8M | $11.5M |
| Deferred income taxes-net | $2.7M | $9.5M | ($71.4M) | ($4.2M) |
| Payment of contingent consideration in excess of acquisition-date fair value | ($13.8M) | ($13.8M) | — | — |
| Change in fair value of contingent consideration | $0 | — | $13.8M | $13.8M |
| Other operating activities-net | $3.2M | $687.0K | $2.0M | ($257.0K) |
| Accounts receivable-net | $19.6M | ($80.0M) | — | — |
| Inventories | ($58.9M) | ($28.2M) | $31.1M | $23.0M |
| Prepaid expenses and other current assets | $61.4M | $59.5M | ($142.9M) | ($20.6M) |
| Other long-term assets | $3.7M | $1.1M | $1.5M | $742.0K |
| Accounts payable | $63.2M | $58.0M | $4.1M | $20.8M |
| Accrued expenses | $26.4M | $39.0M | $33.0M | ($7.0M) |
| Income taxes payable | ($8.8M) | $14.8M | $38.7M | $10.9M |
| Accrued promotional allowance | $145.1M | $93.2M | $83.3M | $64.2M |
| Accrued distributor termination fees | ($255.3M) | ($224.1M) | $253.0M | — |
| Other current liabilities | $5.6M | $5.5M | $3.7M | $2.0M |
| Deferred revenue | $67.2M | ($6.0M) | $233.5M | ($7.3M) |
| Other long-term liabilities | $1.3M | $504.0K | ($1.8M) | ($1.2M) |
| Net cash provided by operating activities | $296.3M | $73.7M | $478.9M | $147.1M |
| Purchase of property, plant and equipment | ($25.0M) | ($7.9M) | ($25.5M) | ($15.2M) |
| Net working capital estimate received from Pepsi related to the Rockstar Acquisition | $241.0K | $241.0K | $30.6M | — |
| Purchase of non-marketable equity securities | $0 | — | ($5.0M) | ($5.0M) |
| Acquisition of Alani Nutrition LLC, net of cash acquired | $0 | — | ($1.3B) | ($1.3B) |
| Net cash used in investing activities | ($24.7M) | ($7.7M) | ($1.3B) | ($1.3B) |
| Cash dividends paid on Preferred Stock | ($28.1M) | ($14.0M) | ($23.3M) | ($13.6M) |
| Repurchase of Common Stock related to employee tax withholdings | ($9.8M) | ($8.8M) | ($3.3M) | ($2.8M) |
| Repurchase of Common Stock | ($124.4M) | ($20.1M) | — | — |
| Proceeds from term loan | $0 | — | $900.0M | $900.0M |
| Payments on term loan | ($3.5M) | ($1.8M) | ($2.3M) | — |
| Payment of debt issuance costs and debt discount | $0 | $0 | ($28.9M) | ($28.9M) |
| Payment of contingent consideration up to acquisition-date fair value | ($11.2M) | ($11.2M) | — | — |
| Other financing activities-net | $666.0K | ($25.0K) | $301.0K | $319.0K |
| Net cash (used in) provided by financing activities | ($176.4M) | ($55.9M) | $839.9M | $852.3M |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | ($2.0M) | ($976.0K) | $2.2M | $2.2M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | $93.1M | $9.2M | $42.3M | ($275.0M) |
| Cash, cash equivalents and restricted cash at beginning of the period | $540.0M | $540.0M | $890.2M | $890.2M |
| Cash, cash equivalents and restricted cash at end of the period | $633.1M | — | $932.5M | — |
| Interest | $21.6M | $10.9M | $34.5M | $17.2M |
| Taxes, net of refunds received | $36.6M | $535.0K | $51.5M | $42.2M |
| Estimated fair value of contingent consideration in connection with the Alani Nu Acquisition | $0 | — | $11.2M | $11.2M |
| Estimated fair value of share consideration issued in connection with the Alani Nu Acquisition | $0 | — | $722.0M | $722.0M |
Celsius Holdings Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.