Celsius Reports Record Q3 Revenue and Returns to Profitability

Overview

• Celsius posted a company record $847.2 million in third-quarter revenue and swung to $127 million in net income, reversing a prior-year loss.
• Alani Nu led the gains with about 24% growth to $410.1 million while the legacy CELSIUS brand fell roughly 6% to $356.8 million, showing a clear split in the portfolio.
• Higher aluminum, fuel and distribution costs narrowed gross margin to 46.8% from 51.3% and pushed adjusted EBITDA down 3% to $198.6 million, pressuring profitability despite the top-line beat.
• The company repurchased about $44.5 million of shares in the quarter and has used $168.8 million year-to-date under a $300 million authorization as management pursues shareholder returns.
• Investors ticked up on the results and the firm pointed to improved freight operations, new brand leadership and expanded PepsiCo distribution as the next levers to convert scale into steadier profits.