Celsius Holdings (CELH) Gross Margin (2018 - 2026)
Celsius Holdings (CELH) posted Gross Margin of 48.13% for Q2 2026, down 3.39 percentage points from 51.52% a year earlier and down 0.18 percentage points from the prior quarter.
Celsius Holdings (CELH) Gross Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Celsius Holdings was 48.76%, down 1.77 percentage points year-over-year; for FY2025, it was 50.39%, up 0.21 percentage points from FY2024.
- Annual Gross Margin has increased for four consecutive years, with a five-year change of +3.74 percentage points (FY2020 to FY2025).
- In prior years, Celsius Holdings' Gross Margin was 50.18% in FY2024 (+2.14 pp), 48.04% in FY2023 (+6.59 pp), 41.44% in FY2022 (+0.66 pp) and 40.78% in FY2021 (-5.86 pp).
- Quarterly Gross Margin has run from a low of 38.51% in Q2 2022 to a high of 52.35% in Q1 2025 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last three quarters, with an average year-over-year change of -0.80 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2023, with a gain of 10.27 percentage points; the weakest was Q4 2021, with a drop of 8.91 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 48.31% (Q1 2026), 47.37% (Q4 2025) and 51.34% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 62.89% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 47.09% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 54.42% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 55.95% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 41.95% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 49.46% |
| 10 | Celsius Holdings | 7.17 Bn | 4.78 Bn | 393.69 Mn | 48.13% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.13% |
| Mar 31, 2026 | 48.31% |
| Dec 31, 2025 | 47.37% |
| Sep 30, 2025 | 51.34% |
| Jun 30, 2025 | 51.52% |
| Mar 31, 2025 | 52.35% |
| Dec 31, 2024 | 50.17% |
| Sep 30, 2024 | 45.99% |
| Jun 30, 2024 | 52.02% |
| Mar 31, 2024 | 51.22% |
| Dec 31, 2023 | 47.85% |
| Sep 30, 2023 | 50.44% |
| Jun 30, 2023 | 48.79% |
| Mar 31, 2023 | 43.79% |
| Dec 31, 2022 | 44.39% |
| Sep 30, 2022 | 41.78% |
| Jun 30, 2022 | 38.51% |
| Mar 31, 2022 | 40.40% |
| Dec 31, 2021 | 39.95% |
| Sep 30, 2021 | 39.71% |
Celsius Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CELH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CELH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CELH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();