Celsius Holdings (CELH) Operating Expenses (2018 - 2026)
Celsius Holdings' (CELH) quarterly Operating Expenses came in at $318.7 million in Q2 2026, up 33.96% on a YoY basis from $237.9 million in Q2 2025, and up 33.29% quarter-over-quarter from $239.1 million in Q1 2026.
Celsius Holdings (CELH) Operating Expenses (2018 - 2026) Analysis & Trends
Celsius Holdings (CELH) has reported Operating Expenses for 9 consecutive years, with $318.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 33.96% year-over-year to $318.7 million; the trailing twelve-month figure through Jun 2026 stood at $1.3 billion (up 98.22% YoY), and the FY2025 full-year result was $1.1 billion, up 114.74% from the prior year.
- Operating Expenses rose to $318.7 million in Q2 2026 per CELH's latest filing, from $239.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $452.3 million in Q3 2025 and bottomed at $43.8 million in Q1 2022.
- Historically, Operating Expenses has averaged $166.9 million across 5 years, with a median of $117.6 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 393.15% in 2022, then plunged 57.4% in 2023.
- Over 5 years, Operating Expenses stood at $111.8 million in 2022, then slipped by 3.98% to $107.3 million in 2023, then soared by 72.57% to $185.2 million in 2024, then surged by 70.53% to $315.8 million in 2025, then grew by 0.92% to $318.7 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $318.7 million, $239.1 million, and $315.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 3.72 Bn |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 1.49 Bn |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 9.09 Bn |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 679.19 Mn |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | -724.58 Mn |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | -5.53 Bn |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 46.00 Mn |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 618.19 Mn |
| 10 | Celsius Holdings | 7.39 Bn | 6.76 Bn | 393.69 Mn | 318.67 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 318.67 Mn |
| Mar 31, 2026 | 239.07 Mn |
| Dec 31, 2025 | 315.77 Mn |
| Sep 30, 2025 | 452.28 Mn |
| Jun 30, 2025 | 237.89 Mn |
| Mar 31, 2025 | 120.34 Mn |
| Dec 31, 2024 | 185.17 Mn |
| Sep 30, 2024 | 125.44 Mn |
| Jun 30, 2024 | 114.85 Mn |
| Mar 31, 2024 | 99.02 Mn |
| Dec 31, 2023 | 107.30 Mn |
| Sep 30, 2023 | 96.39 Mn |
| Jun 30, 2023 | 94.18 Mn |
| Mar 31, 2023 | 68.91 Mn |
| Dec 31, 2022 | 111.75 Mn |
| Sep 30, 2022 | 226.25 Mn |
| Jun 30, 2022 | 46.89 Mn |
| Mar 31, 2022 | 43.78 Mn |
| Dec 31, 2021 | 38.79 Mn |
| Sep 30, 2021 | 45.88 Mn |
Celsius Holdings Operating Expenses 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=operating-expenses&ticker=CELH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=CELH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();