Celsius Holdings (CELH) Gross Margin (2018 - 2026)
Celsius Holdings (CELH) reported Gross Margin of 48.31% for Q1 2026, down 404.0% on a YoY basis from 15.89% in Q1 2025, and up 1.98% quarter-over-quarter from 47.37% in Q4 2025.
Celsius Holdings (CELH) Gross Margin (2018 - 2026) Analysis & Trends
Celsius Holdings has reported Gross Margin for 9 years, with the latest figure at 48.31% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 404.0% year-over-year to 48.31%; the trailing twelve-month figure through Mar 2026 stood at 49.62% (down 81.0% YoY), and the FY2025 full-year result was 50.39%, up 21.0% from the prior year.
- Gross Margin for Q1 2026 stood at 48.31%, up from 47.37% in the prior quarter.
- The five-year high for Gross Margin was 52.35% in Q1 2025, with the low at 38.51% in Q2 2022.
- Historically, Gross Margin has averaged 47.43% across 5 years, with a median of 48.31% in 2026.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 490 bps — and 2023, when it soared 1027 bps.
- Celsius Holdings' Gross Margin stood at 44.39% in 2022, then grew by 8 bps to 47.85% in 2023, then grew by 5 bps to 50.17% in 2024, then declined by 6 bps to 47.37% in 2025, then rose by 2 bps to 48.31% in 2026.
- The last three Gross Margin figures came in at 48.31% (Q1 2026), 47.37% (Q4 2025), and 51.34% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 341.39 Bn | 332.40 Bn | 7.85 Bn | 62.96% |
| 2 | Pepsico | 194.25 Bn | 183.58 Bn | 10.73 Bn | 55.19% |
| 3 | Monster Beverage | 89.38 Bn | 86.39 Bn | 1.29 Bn | 54.96% |
| 4 | Coca Cola Femsa Sab De Cv | 87.89 Bn | 86.38 Bn | 1.89 Bn | 46.89% |
| 5 | Keurig Dr Pepper | 41.86 Bn | 27.96 Bn | 2.10 Bn | 52.77% |
| 6 | Coca-Cola Consolidated | 10.27 Bn | 10.04 Bn | 727.08 Mn | 39.37% |
| 7 | Primo Brands | 8.82 Bn | 8.54 Bn | 464.90 Mn | 28.59% |
| 8 | Celsius Holdings | 7.92 Bn | 7.37 Bn | 378.07 Mn | 48.31% |
| 9 | Vita Coco Company | 4.80 Bn | 4.59 Bn | 71.81 Mn | 39.95% |
| 10 | National Beverage | 3.40 Bn | 3.09 Bn | 99.60 Mn | 37.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 43.41% |