Celsius Holdings (CELH) Gross Margin (2018 - 2026)
Celsius Holdings' (CELH) quarterly Gross Margin came in at 48.31% in Q1 2026, down 404.0% YoY from 15.89% in Q1 2025, and up 1.98% on a QoQ basis from 47.37% in Q4 2025.
Celsius Holdings (CELH) Gross Margin (2018 - 2026) Analysis & Trends
Celsius Holdings (CELH) has 9 years of Gross Margin data on file, last reported at 48.31% in Q1 2026.
- Quarterly Gross Margin fell 404.0% year-over-year to 48.31% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 49.62% (down 81.0% YoY) and the FY2025 annual result came in at 50.39%, up 21.0% from the prior year.
- Gross Margin grew to 48.31% in Q1 2026, from 47.37% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 52.35% in Q1 2025 to a low of 38.51% in Q2 2022.
- A 5-year average of 47.43% and a median of 48.31% in 2026 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 490 bps — and 2023, when it soared 1027 bps.
- Tracing CELH's Gross Margin over 5 years: 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 Femsa Sab De Cv | 1,820.28 Bn | 1,820.28 Bn | 2.06 Bn | 47.09% |
| 2 | Coca Cola | 373.67 Bn | 359.52 Bn | 8.42 Bn | 62.89% |
| 3 | Pepsico | 188.28 Bn | 177.56 Bn | 13.11 Bn | 54.22% |
| 4 | Coca-Cola Europacific Partners | 48.31 Bn | 47.14 Bn | - | - |
| 5 | Monster Beverage | 44.93 Bn | 41.51 Bn | 1.42 Bn | 55.95% |
| 6 | Keurig Dr Pepper | 39.65 Bn | 38.76 Bn | 2.10 Bn | 52.77% |
| 7 | Andina Bottling | 21.78 Bn | 21.78 Bn | 319.18 Bn | 38.92% |
| 8 | Coca-Cola Consolidated | 10.29 Bn | 10.12 Bn | 778.41 Mn | 37.93% |
| 9 | Primo Brands | 8.55 Bn | 8.19 Bn | 548.70 Mn | 30.55% |
| 10 | Celsius Holdings | 6.99 Bn | 6.36 Bn | 393.69 Mn | 48.13% |
Historic Data
Download 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% |