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Jun 30, 2022

Celsius Q2 2022 Earnings Report

Celsius Holdings reported record revenue for Q2 2022, with significant growth in North America.

Key Takeaways

Celsius Holdings, Inc. announced record second quarter 2022 financial results, featuring a 137% increase in revenue to $154.0 million compared to $65.1 million in Q1 2021. North America revenue saw a substantial rise of 171%, reaching $145.4 million from $53.6 million in the previous year's quarter.

Revenue reached $154.0 million, a 137% increase year-over-year.

North America revenue grew by 171% to $145.4 million compared to Q1 2021.

Preliminary financial results for the second quarter ended June 30, 2022, were reported.

Management hosted a conference call to discuss the results with the investment community.

Total Revenue
$154M
Previous year: $65.1M
+136.7%
EPS
$0.04
Previous year: $0.02
+100.0%
Gross Profit
$59.3M
Previous year: $28.2M
+110.0%
Cash and Equivalents
$60M
Previous year: $83.8M
-28.4%
Free Cash Flow
$31.5M
Previous year: -$17.5M
-279.5%
Total Assets
$350M
Previous year: $242M
+44.7%

Celsius

Celsius

Celsius Revenue by Geographic Location