Celsius Holdings (CELH) Operating Margin (2018 - 2026)
Celsius Holdings (CELH) posted Operating Margin of 9.20% for Q2 2026, down 10.14 percentage points from 19.34% a year earlier and down 8.56 percentage points from the prior quarter.
Celsius Holdings (CELH) Operating Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Celsius Holdings was 5.26%, down 5.14 percentage points year-over-year; for FY2025, it was 5.61%, down 5.88 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of -0.44 percentage points (FY2020 to FY2025).
- In prior years, Celsius Holdings' Operating Margin was 11.49% in FY2024 (-8.72 pp), 20.21% in FY2023 (+44.35 pp), -24.14% in FY2022 (-22.84 pp) and -1.30% in FY2021 (-7.35 pp).
- Quarterly Operating Margin has run from a low of -78.41% in Q3 2022 to a high of 25.39% in Q3 2023 over five years.
- On a year-over-year basis, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -8.71 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q3 2023, with a gain of 103.80 percentage points; the weakest was Q3 2022, with a drop of 69.79 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 17.76% (Q1 2026), 3.61% (Q4 2025) and -11.03% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 34.92% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 13.96% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 16.86% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 29.18% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 23.89% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 8.59% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 28.58% |
| 10 | Celsius Holdings | 7.17 Bn | 4.78 Bn | 393.69 Mn | 9.20% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.20% |
| Mar 31, 2026 | 17.76% |
| Dec 31, 2025 | 3.61% |
| Sep 30, 2025 | -11.03% |
| Jun 30, 2025 | 19.34% |
| Mar 31, 2025 | 15.80% |
| Dec 31, 2024 | -5.57% |
| Sep 30, 2024 | -1.21% |
| Jun 30, 2024 | 23.45% |
| Mar 31, 2024 | 23.39% |
| Dec 31, 2023 | 16.97% |
| Sep 30, 2023 | 25.39% |
| Jun 30, 2023 | 19.89% |
| Mar 31, 2023 | 17.28% |
| Dec 31, 2022 | -18.40% |
| Sep 30, 2022 | -78.41% |
| Jun 30, 2022 | 8.07% |
| Mar 31, 2022 | 7.58% |
| Dec 31, 2021 | 2.75% |
| Sep 30, 2021 | -8.62% |
Celsius Holdings Operating 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=operating-margin&ticker=CELH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CELH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();