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Jun 30, 2023

Celsius Q2 2023 Earnings Report

Celsius Holdings achieved record revenue with significant growth in North America and internationally.

Key Takeaways

Celsius Holdings reported record second quarter revenue of $326 million, a 112% increase year-over-year, driven by growth in North America and international markets. Net income attributable to common stockholders was $40.9 million, or $0.52 per diluted share, compared to $9.2 million, or $0.12 per diluted share in the prior year. The company's cash and cash equivalents totaled $681 million as of June 30, 2023.

Record second quarter revenue of $326 million, up 112% year-over-year.

North American revenue increased 114% to $311 million.

International revenue increased 76% to $15.1 million.

Net income attributable to common stockholders was $40.9 million, or $0.52 per diluted share.

Total Revenue
$326M
Previous year: $154M
+111.6%
EPS
$0.17
Previous year: $0.04
+325.0%
Gross Profit
$159M
Previous year: $59.3M
+168.0%
Cash and Equivalents
$681M
Previous year: $60M
+1034.5%
Free Cash Flow
$54.5M
Previous year: $31.5M
+73.2%
Total Assets
$1.4B
Previous year: $350M
+300.2%

Celsius

Celsius

Celsius Revenue by Segment

Celsius Revenue by Geographic Location

Forward Guidance

The press release does not contain any forward guidance.