NASDAQ : CELH
Celsius Holdings, Inc. — Financial statements
Consumer Staples · Beverages - Non-Alcoholic · United States
Last price 28.77 USD (Oct 30, 2026, 3:01 PM EDT) · Market cap 7.28B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Celsius Holdings, Inc. (CELH) reported revenue of 3.05B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.05B | 2.52B | 1.36B | 1.32B | 653.60M | 314.27M |
| Cost of Revenue | 1.56B | 1.23B | 675.42M | 684.88M | 382.74M | 186.10M |
| Gross Profit | 1.49B | 1.29B | 680.21M | 633.14M | 270.87M | 128.17M |
| Selling, General & Admin | 829.00M | 734.71M | 516.68M | 362.47M | 423.99M | 131.06M |
| Research & Development | 2.40M | 2.40M | 1.00M | 1.70M | 400.00K | |
| Amortization of Goodwill & Intangibles | 5.80M | 500.00K | 600.00K | |||
| Operating Expenses | 851.10M | 748.81M | 524.18M | 366.77M | 426.29M | 132.26M |
| Operating Income | 634.76M | 540.22M | 156.03M | 266.37M | -155.42M | -4.09M |
| Interest Expense | -54.31M | -48.98M | -8.00K | |||
| Interest & Investment Income | 15.87M | 21.09M | 39.26M | 26.63M | 5.53M | 315.00K |
| Currency Exchange Gain (Loss) | -392.00K | -276.00K | ||||
| Other Non Operating Income (Expenses) | 25.77M | 17.87M | 59.00K | -1.25M | ||
| EBT Excluding Unusual Items | 622.09M | 530.20M | 195.35M | 291.75M | -150.28M | -4.06M |
| Merger & Restructuring Charges | -36.20M | -57.90M | -300.00K | |||
| Asset Writedown | -2.38M | |||||
| Legal Settlements | -25.50M | |||||
| Other Unusual Items | -418.75M | -347.26M | ||||
| Pretax Income | 141.64M | 125.03M | 195.05M | 291.75M | -152.66M | -4.06M |
| Income Tax Expense | 12.52M | 17.03M | 49.98M | 64.95M | 34.62M | -8.00M |
| Net Income | 129.12M | 108.00M | 145.07M | 226.80M | -187.28M | 3.94M |
| Preferred Dividends & Other Adjustments | 63.78M | 44.16M | 37.62M | 44.81M | 11.53M | |
| Net Income to Common | 65.34M | 63.84M | 107.46M | 181.99M | -198.81M | 3.94M |
| Shares Outstanding (Basic) | 256.98M | 252.30M | 233.67M | 230.78M | 226.95M | 221.34M |
| Shares Outstanding (Diluted) | 259.78M | 254.91M | 237.40M | 236.96M | 226.95M | 233.07M |
| EPS (Basic) | 0.25 | 0.25 | 0.46 | 0.79 | -0.88 | 0.02 |
| EPS (Diluted) | 0.25 | 0.25 | 0.45 | 0.77 | -0.88 | 0.02 |
| Free Cash Flow | 462.77M | 323.38M | 239.51M | 123.78M | 99.92M | -99.74M |
| Free Cash Flow Per Share | 1.78 | 1.27 | 1.01 | 0.52 | 0.44 | -0.43 |
| Gross Margin | 48.76% | 51.25% | 50.18% | 48.04% | 41.44% | 40.78% |
| Operating Margin | 20.83% | 21.48% | 11.51% | 20.21% | -23.78% | -1.30% |
| Profit Margin | 2.14% | 2.54% | 7.93% | 13.81% | -30.42% | 1.25% |
| Free Cash Flow Margin | 15.19% | 12.86% | 17.67% | 9.39% | 15.29% | -31.74% |
| EBITDA | 671.72M | 569.67M | 163.30M | 269.59M | -153.50M | -2.83M |
| EBITDA Margin | 22.04% | 22.65% | 12.05% | 20.45% | -23.49% | -0.90% |
| D&A For EBITDA | 36.96M | 29.45M | 7.27M | 3.23M | 1.92M | 1.26M |
| EBIT | 634.76M | 540.22M | 156.03M | 266.37M | -155.42M | -4.09M |
| EBIT Margin | 20.83% | 21.48% | 11.51% | 20.21% | -23.78% | -1.30% |
| Effective Tax Rate | 8.84% | 13.62% | 25.62% | 22.26% | ||
| Advertising Expenses | 318.90M | 221.60M | 160.00M | 85.10M | 36.70M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 631.23M | 398.87M | 890.19M | 755.98M | 614.16M | 16.25M |
| Cash & Short-Term Investments | 631.23M | 398.87M | 890.19M | 755.98M | 614.16M | 16.25M |
| Accounts Receivable | 735.34M | 755.50M | 270.34M | 183.70M | 63.31M | 38.74M |
| Receivables | 735.34M | 755.50M | 270.34M | 186.02M | 66.29M | 41.33M |
| Inventory | 390.60M | 337.70M | 131.16M | 229.28M | 173.29M | 191.22M |
| Prepaid Expenses | 67.42M | 128.81M | 18.76M | 19.50M | 11.34M | 13.55M |
| Restricted Cash | 1.90M | 141.12M | 38.77M | |||
| Other Current Assets | 49.47M | 49.16M | 14.12M | 14.12M | 14.12M | |
| Total Current Assets | 1.88B | 1.81B | 1.32B | 1.20B | 917.97M | 262.36M |
| Property, Plant & Equipment | 108.75M | 87.91M | 55.60M | 27.03M | 11.37M | 4.39M |
| Long-Term Investments | 17.00M | 3.00M | ||||
| Goodwill | 919.66M | 917.56M | 71.58M | 14.17M | 13.68M | 14.53M |
| Other Intangible Assets | 1.38B | 1.39B | 12.21M | 12.14M | 12.25M | 16.30M |
| Long-Term Deferred Tax Assets | 93.25M | 96.01M | 38.70M | 29.52M | 501.00K | 9.02M |
| Long-Term Deferred Charges | 748.74M | 773.93M | 234.22M | 248.34M | 262.46M | |
| Other Long-Term Assets | 42.04M | 24.13M | 26.99M | 291.00K | 263.00K | 299.00K |
| Total Assets | 5.17B | 5.12B | 1.77B | 1.54B | 1.22B | 314.02M |
| Accounts Payable | 229.65M | 160.21M | 55.04M | 54.69M | 44.92M | 41.26M |
| Accrued Expenses | 698.81M | 780.45M | 270.97M | 150.86M | 66.58M | 50.22M |
| Current Portion of Long-Term Debt | 7.00M | 7.00M | ||||
| Current Portion of Leases | 4.46M | 1.04M | 731.00K | 669.00K | ||
| Current Income Taxes Payable | 40.82M | 49.61M | 10.83M | 50.42M | 1.19M | |
| Current Unearned Revenue | 31.46M | 26.99M | 9.51M | 9.51M | 9.68M | |
| Other Current Liabilities | 35.89M | 50.01M | 19.17M | 10.09M | 38.20M | 976.00K |
| Total Current Liabilities | 1.04B | 1.08B | 365.54M | 276.61M | 161.29M | 93.12M |
| Long-Term Debt | 667.85M | 669.93M | ||||
| Long-Term Leases | 13.76M | 1.15M | 488.00K | 703.00K | ||
| Long-Term Unearned Revenue | 463.86M | 401.15M | 157.71M | 167.23M | 179.79M | |
| Long-Term Deferred Tax Liabilities | 2.88M | 15.92M | 3.15M | |||
| Other Long-Term Liabilities | 33.25M | 14.61M | 19.21M | |||
| Total Liabilities | 2.21B | 2.18B | 542.46M | 447.87M | 357.49M | 96.97M |
| Common Stock | 101.00K | 101.00K | 79.00K | 77.00K | 76.00K | 75.00K |
| Additional Paid-In Capital | 1.07B | 1.05B | 300.16M | 276.72M | 280.67M | 267.85M |
| Retained Earnings | 313.17M | 175.91M | 105.52M | -12.05M | -238.77M | -51.49M |
| Treasury Stock | -183.47M | -48.23M | -2.58M | |||
| Comprehensive Income & Other | 335.00K | 3.16M | -3.25M | -701.00K | -1.88M | 614.00K |
| Total Common Equity | 1.20B | 1.18B | 399.93M | 264.04M | 40.09M | 217.04M |
| Shareholders' Equity | 2.96B | 2.94B | 1.22B | 1.09B | 864.58M | 217.04M |
| Total Liabilities & Equity | 5.17B | 5.12B | 1.77B | 1.54B | 1.22B | 314.02M |
| Total Debt | 674.85M | 695.14M | 2.19M | 1.22M | 1.37M | |
| Net Cash (Debt) | -43.62M | -296.28M | 890.19M | 753.79M | 612.94M | 14.88M |
| Net Cash Per Share | -0.17 | -1.16 | 3.75 | 3.18 | 2.70 | 0.06 |
| Filing Date Shares Outstanding | 253.04M | 256.98M | 235.13M | 232.79M | 230.12M | 226.01M |
| Total Common Shares Outstanding | 253.34M | 256.91M | 235.01M | 231.79M | 229.15M | 224.73M |
| Working Capital | 832.33M | 732.43M | 959.04M | 928.29M | 756.68M | 169.24M |
| Book Value Per Share | 4.74 | 4.60 | 1.70 | 1.14 | 0.17 | 0.97 |
| Tangible Book Value | -1.10B | -1.13B | 316.13M | 237.73M | 14.16M | 186.22M |
| Tangible Book Value Per Share | -4.34 | -4.39 | 1.35 | 1.03 | 0.06 | 0.83 |
| Machinery | 96.32M | 63.83M | 29.52M | 12.27M | 4.25M | |
| Construction In Progress | 11.19M | |||||
| Leasehold Improvements | 2.52M | 2.56M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 129.12M | 108.00M | 145.07M | 226.80M | -187.28M | 3.94M |
| Depreciation & Amortization | 36.96M | 29.45M | 7.27M | 3.23M | 1.92M | 1.26M |
| Other Amortization | 43.85M | 26.33M | 14.12M | 14.12M | 5.88M | |
| Asset Writedown & Restructuring Costs | 2.38M | |||||
| Stock-Based Compensation | 34.78M | 28.05M | 19.59M | 21.23M | 20.66M | 36.48M |
| Provision & Write-off of Bad Debts | 5.43M | 10.60M | 3.29M | 2.13M | 2.35M | 1.49M |
| Other Operating Activities | -36.67M | -10.03M | 10.94M | -33.30M | 26.86M | -5.99M |
| Change in Accounts Receivable | -249.38M | -412.09M | -87.35M | -121.56M | -26.37M | -25.25M |
| Change in Inventory | -211.67M | -129.78M | 77.19M | -63.30M | 11.80M | -175.17M |
| Change in Accounts Payable | 93.69M | 51.25M | -1.17M | 5.25M | 428.00K | 23.97M |
| Change in Unearned Revenue | 329.60M | 255.11M | -9.51M | -12.72M | 189.46M | |
| Change in Income Taxes | 19.03M | 38.75M | -39.54M | 48.10M | -164.00K | 1.36M |
| Change in Other Net Operating Assets | 313.88M | 363.80M | 122.98M | 51.24M | 60.25M | 41.34M |
| Operating Cash Flow | 508.63M | 359.44M | 262.90M | 141.22M | 108.18M | -96.59M |
| Capital Expenditures | -45.85M | -36.07M | -23.39M | -17.43M | -8.26M | -3.15M |
| Cash Acquisitions | 6.98M | -1.25B | -75.34M | |||
| Investment in Securities | -5.00M | -10.00M | -3.00M | |||
| Other Investing Activities | 3.23M | 2.59M | 1.89M | |||
| Investing Cash Flow | -43.88M | -1.30B | -101.73M | -14.20M | -5.67M | -1.26M |
| Long-Term Debt Issued | 900.00M | |||||
| Long-Term Debt Repaid | -201.75M | -63.00K | -94.00K | |||
| Total Debt Repaid | -205.25M | -201.75M | -63.00K | -94.00K | ||
| Net Debt Issued (Repaid) | -205.25M | 698.25M | -63.00K | -94.00K | ||
| Issuance of Common Stock | 3.68M | 71.49M | ||||
| Repurchase of Common Stock | -176.87M | -45.50M | -2.26M | |||
| Preferred Dividends Paid | -52.12M | -37.61M | -27.50M | -27.46M | -11.53M | |
| Dividends Paid | -52.12M | -37.61M | -27.50M | -27.46M | -11.53M | |
| Other Financing Activities | -11.65M | -32.37M | 3.79M | 2.24M | ||
| Financing Cash Flow | -445.88M | 582.76M | -25.97M | -25.22M | 534.11M | 71.39M |
| Foreign Exchange Rate Adjustments | -972.00K | 3.27M | -997.00K | 1.26M | 50.00K | -538.00K |
| Net Cash Flow | 17.90M | -350.20M | 134.21M | 103.05M | 636.67M | -26.99M |
| Free Cash Flow | 462.77M | 323.38M | 239.51M | 123.78M | 99.92M | -99.74M |
| Free Cash Flow Margin | 15.19% | 12.86% | 17.67% | 9.39% | 15.29% | -31.74% |
| Free Cash Flow Per Share | 1.78 | 1.27 | 1.01 | 0.52 | 0.44 | -0.43 |
| Levered Free Cash Flow | 349.63M | 78.63M | 219.61M | 157.52M | -66.53M | -97.56M |
| Unlevered Free Cash Flow | 383.58M | 109.24M | 219.61M | 157.52M | -66.53M | -97.55M |
| Cash Interest Paid | 50.20M | 45.80M | 7.00K | |||
| Cash Income Tax Paid | 58.67M | 64.23M | 99.13M | 56.75M | 14.34M | |
| Change in Working Capital | 295.16M | 167.05M | 62.60M | -92.99M | 235.41M | -133.76M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 7.58B | 11.79B | 6.19B | 12.63B | 7.93B | 5.58B |
| Enterprise Value | 7.62B | 13.64B | 6.12B | 12.70B | 8.16B | 5.52B |
| Last Close Price | 29.12 | 45.74 | 26.34 | 54.52 | 34.68 | 24.86 |
| PE Ratio | 118.91 | 184.71 | 57.61 | 69.40 | 1,417.06 | |
| Forward PE | 22.05 | 34.13 | 31.53 | 57.47 | 142.89 | 242.50 |
| PS Ratio | 2.49 | 4.69 | 4.57 | 9.58 | 12.13 | 17.75 |
| PB Ratio | 6.15 | 4.01 | 5.06 | 11.60 | 9.17 | 25.70 |
| P/TBV Ratio | 19.58 | 53.13 | 560.14 | 29.96 | ||
| P/FCF Ratio | 16.38 | 36.46 | 25.85 | 102.04 | 79.37 | |
| P/OCF Ratio | 14.90 | 32.80 | 23.55 | 89.44 | 73.31 | |
| PEG Ratio | 1.98 | 0.83 | 3.81 | 0.42 | ||
| EV/Sales Ratio | 2.50 | 5.42 | 4.51 | 9.63 | 12.49 | 17.56 |
| EV/EBITDA Ratio | 11.35 | 23.94 | 37.46 | 47.10 | ||
| EV/EBIT Ratio | 12.01 | 25.25 | 39.21 | 47.67 | ||
| EV/FCF Ratio | 16.48 | 42.18 | 25.54 | 102.57 | 81.71 | |
| Debt / Equity Ratio | 0.23 | 0.24 | 0.00 | 0.00 | 0.01 | |
| Debt / EBITDA Ratio | 1.00 | 1.21 | 0.01 | |||
| Debt / FCF Ratio | 1.46 | 2.15 | 0.02 | 0.01 | ||
| Net Debt / Equity Ratio | 0.01 | 0.10 | -0.73 | -0.69 | -0.71 | -0.07 |
| Net Debt / EBITDA Ratio | 0.07 | 0.52 | -5.45 | -2.80 | 3.99 | 5.27 |
| Net Debt / FCF Ratio | 0.09 | 0.92 | -3.72 | -6.09 | -6.13 | 0.15 |
| Asset Turnover | 0.68 | 0.73 | 0.82 | 0.96 | 0.85 | 1.41 |
| Inventory Turnover | 5.03 | 5.23 | 3.75 | 3.40 | 2.10 | 1.78 |
| Quick Ratio | 1.31 | 1.07 | 3.17 | 3.40 | 4.20 | 0.59 |
| Current Ratio | 1.80 | 1.68 | 3.62 | 4.36 | 5.69 | 2.82 |
| Return on Equity (ROE) | 5.11% | 5.18% | 12.54% | 23.23% | -34.63% | 2.45% |
| Return on Assets (ROA) | 8.85% | 9.81% | 5.90% | 12.07% | -12.65% | -1.15% |
| Return on Invested Capital (ROIC) | 18.85% | 26.13% | 34.70% | 70.63% | -68.50% | -3.09% |
| Return on Capital Employed (ROCE) | 15.40% | 13.40% | 11.10% | 21.10% | -14.70% | -1.90% |
| Earnings Yield | 0.84% | 0.92% | 2.34% | 1.80% | -2.36% | 0.07% |
| FCF Yield | 6.10% | 2.74% | 3.87% | 0.98% | 1.26% | -1.79% |
| Payout Ratio | 34.82% | 18.96% | 12.11% | |||
| Buyback Yield / Dilution | -6.91% | -7.37% | -0.19% | -4.41% | 2.63% | -4.36% |