Celsius Holdings Inc. (NASDAQ:CELH) reported first-quarter results that topped Wall Street expectations, sending shares approximately 6.3% higher in premarket trading Thursday.
The energy drink company delivered adjusted earnings of $0.41 per share, exceeding the analyst consensus estimate of $0.30 by $0.11.
Revenue reaches record high following acquisitions
Quarterly revenue climbed to a record $782.6 million, above analyst expectations of $763.07 million and up 138% from $329.3 million in the same period last year.
The sharp increase in sales was largely driven by the company’s acquisitions of Alani Nu and Rockstar Energy, completed in April and August 2025, respectively.
During the quarter, Alani Nu contributed approximately $368.1 million in revenue, while Rockstar Energy added $66.6 million.
Core Celsius brand continues to grow
Revenue from the flagship CELSIUS brand increased roughly 6% compared with the first quarter of 2025.
International revenue reached $35.3 million, representing year-over-year growth of 55%, supported by expansion in Nordic markets and other international regions.
Margins pressured by acquired brands
Gross profit margin declined to 48.3% from 52.3% in the prior-year quarter due to the lower margin profiles associated with the acquired brands.
However, Celsius said underlying raw material costs improved compared with the fourth quarter of 2025 as Alani Nu and Rockstar Energy became integrated into the company’s purchasing operations.
“The first quarter of 2026 was a defining period for Celsius Holdings as we delivered record first-quarter revenue of $783 million, underscoring the power of our brands and the strength of our growth model,” said John Fieldly, Chairman and CEO.
Market share expands in U.S. energy drink category
Celsius said its combined portfolio of CELSIUS, Alani Nu, and Rockstar Energy accounted for approximately 20.9% of the U.S. energy drink market by dollar share during the first quarter.
In tracked U.S. retail channels, sales across the Celsius Holdings portfolio increased 29.8% during the 13-week period ended March 29, 2026.
More about Celsius Holdings
Celsius Holdings is a beverage company focused on energy drinks and functional fitness beverages. Its portfolio includes the CELSIUS brand as well as Alani Nu and Rockstar Energy, with products distributed through retail, convenience, grocery, fitness, and international channels.