Celsius revenue rises 138% to record $783M following Brand acquisitions
Celsius Holdings (NASDAQ:CELH) reported a transformative first quarter for 2026, with record-breaking revenue and significant market share gains across the U.S. energy drink category.
The Boca Raton-based company posted total revenue of $782.6 million for the quarter ended March 31, 2026, a 138% increase compared to the $329.3 million reported in the first quarter of 2025.
The explosive growth was primarily driven by the full-quarter integration of Alani Nu and Rockstar Energy, acquisitions completed in 2025 that have significantly scaled the company's "Modern Energy" portfolio.
Alani Nu contributed approximately $368.1 million in sales during the quarter, while the flagship CELSIUS brand grew revenue by 6% year-over-year.
The company’s bottom-line performance reflected its increased scale, with net income rising to $110.1 million, or $0.33 per diluted share, up from $44.4 million in the prior-year period.
On an adjusted basis, diluted EPS reached $0.41, surpassing analyst consensus estimates.
Adjusted EBITDA saw a dramatic 181% increase to $195.5 million, representing a 25% margin.
The rapid portfolio expansion resulted in some margin compression, as the newly acquired brands currently carry a lower margin profile than the flagship line.
Gross profit margin for the quarter declined to 48.3% from 52.3% a year ago.
However, management noted that underlying raw material costs are improving as the company integrates the new brands into its global purchasing and PepsiCo-aligned distribution structures.
Operationally, Celsius Holdings reached an approximate 20.9% dollar share of the U.S. RTD energy category in the first quarter.
The company’s portfolio was a dominant driver for the sector, contributing 45% of the total growth in the zero-sugar energy category.
While Alani Nu retail sales surged 100% year-over-year, the Rockstar Energy brand saw a 13% decline, an area management is addressing through refined marketing and distribution strategies.
The company ended the quarter with a strong liquidity position, reporting $549.2 million in cash and cash equivalents after repurchasing approximately $24.1 million of its common stock.
As Celsius continues to leverage its partnership with PepsiCo to expand its international footprint—which grew 55% this quarter to $35.3 million—investors will be watching for further margin stabilization and the stabilization of the Rockstar brand.
