Celsius Holdings, Inc. Q3 2026 Earnings Recap

Celsius Holdings’ shares fell 2.3% after earnings, a broadly flat reaction. Revenue grew 17%, but the core CELSIUS brand remained under pressure, with tracked-channel retail sales down 7% year over year; management said it expects the brand to return to growth in 2027.

Key Takeaways

• Third-quarter revenue was approximately $847 million, up 17% year over year.
• CELSIUS tracked-channel retail sales declined approximately 7%, as the brand cycled prior-year innovation; management said performance was in line with its expectations.
• Alani Nu posted record net sales of approximately $410 million, up 24%; tracked-channel retail sales rose approximately 58%. Witch’s Brew generated more than $130 million in retail sales.
• Portfolio tracked-channel retail sales increased approximately 15%, holding steady with the second quarter; the portfolio had approximately 21% dollar share of the energy category in tracked channels.
• Management said CELSIUS innovation will be more prominent in 2027 and expects the brand to return to growth across that year.