Celsius earnings: guidance and results
MyStockButler's October 2026 analysis: Celsius's next results are expected on November 5, 2026. Watch whether retail stabilization reaches reported sales and cash.
What has Celsius guided for the year?
Gross margin is the share of sales left after making and delivering the drinks, before marketing, administration, interest and taxes. Management guided to the low 50s for the year ending December 2026, expecting the Alani Nu and Rockstar integrations to reduce purchasing, manufacturing and freight costs.
| the period guided | the date it was given | |
|---|---|---|
| Gross margin | Year to Dec 2026 | Feb 26, 2026 |
What this means. The company expects gross margin to move toward the low 50 percent range, but it has not given an exact full-year figure.
Has Celsius kept its past promises?
In 2025, Langhans projected roughly US$50 million of annual cost savings from combining Alani with Celsius. In 2026, Fieldly said the integration was complete and that approximately US$50 million had been captured. That is a reported delivery against a promise, but an annual pace is not the same as cash already saved.
What is Celsius's recent revenue and profit trend?
Cash from operations and free cash flow improved sharply, but collections and the timing of supplier and promotional payments helped. The eight-quarter record still shows no established margin recovery. This was a quarter of better assortment productivity alongside continuing demand and integration pressure.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 817,925 | 782,615 | 721,628 | 725,106 | 739,259 | 329,276 | 332,197 | 265,748 |
| Gross margin | 48.1% | 48.3% | 47.4% | 51.3% | 51.5% | 52.3% | 50.2% | 46.0% |
| Operating income | 75,255 | 138,993 | 26,065 | -79,999 | 142,965 | 52,031 | -18,496 | -3,214 |
| Net income | 55,293 | 110,099 | 24,739 | -61,014 | 99,855 | 44,419 | -18,876 | 6,356 |
| EPS, diluted | 0.14 | 0.33 | 0.04 | -0.27 | 0.33 | 0.15 | -0.11 | 0.00 |
What this means. The September 2024 earnings per share is shown as 0.00 even though the company reported a tiny loss, because that loss rounded to zero.
What should I watch in Celsius's next release?
The next earnings date is estimated for November 5, 2026, but is not confirmed. Management expected the Celsius brand’s Q3 to resemble Q2, followed by improvement toward growth. The important sequence is retail stabilization, productive placements, replenishment orders and then durable reported growth.
Shipments should broadly follow consumer sales after transition effects. Shipments running ahead of retail demand while distributor inventory rises would be a warning. New placements should produce repeat purchases, not merely an opening burst. Contribution should also remain positive or improve after ordinary promotion.