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Dec 31, 2023

Celsius Q4 2023 Earnings Report

Celsius Holdings reported record revenue for Q4 2023, marking a 95% increase year-over-year.

Key Takeaways

Celsius Holdings reported record fourth quarter revenue of $347 million, a 95% increase compared to Q4 2022. The company also reported record full-year revenue of $1,318 million, up 102% from the previous year.

Record fourth quarter revenue of $347 million, up 95% year-over-year.

Record full-year revenue of $1,318 million, up 102% year-over-year.

The company's growth is attributed to its expanding presence in the energy drink market.

Celsius is a lifestyle energy drink formulated to power active lifestyles.

Total Revenue
$347M
Previous year: $178M
+95.2%
EPS
$0.17
Previous year: -$0.12
-241.7%
Gross Profit
$165M
Previous year: $79M
+109.0%
Cash and Equivalents
$756M
Previous year: $614M
+23.1%
Free Cash Flow
$426K
Previous year: -$67.6M
-100.6%
Total Assets
$1.54B
Previous year: $1.22B
+25.7%

Celsius

Celsius

Forward Guidance

The press release does not include any forward guidance.