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Celsius Tops Q4 Estimates as Acquisitions Fuel Record Year

Shares rose on guidance for margin recovery in 2026.

Overview

  • The company reported Q4 adjusted EPS of $0.26 and revenue of $721.6 million, topping forecasts near $0.19–$0.20 and $639 million.
  • Full-year 2025 revenue reached about $2.5 billion, an increase of roughly 86% from 2024.
  • Alani Nu contributed about $370 million to Q4 sales and Rockstar about $45 million; for the year, Alani Nu added roughly $1.0 billion and Rockstar $56 million.
  • Legacy CELSIUS brand revenue fell about 8% in Q4 due to integration-related timing, while U.S. tracked retail sales for CELSIUS rose 13% and the portfolio’s dollar share reached around 20%.
  • Gross margin declined to 47.4% from 50.2% on integration costs and tariffs, with management targeting a return to low-50% margins in 2026; shares jumped roughly 9%–16% after the release.