Celsius Holdings, Inc. · NASDAQ:CELH
Celsius — Q1 2026 Earnings Presentation
21 slides from Celsius's earnings presentation, May 7, 2026
Slide 1: Investor Presentation: Q1 2026 Financial Results
Investor Presentation Q1 2026 Financial results may 7, 2026 1
Slide 2: Safe Harbor & Non-GAAP Measures
Safe harbor & Non-gaap measures Forward-Looking Statements This presentation contains statements by Celsius Holdings, Inc. (“Celsius Holdings”, “we”, “us”, “our” or the “Company”) that are not historical facts and are considered forward-looking statements within the meaning of the Private Securities
Slide 3: A Leading Portfolio of Category-Disrupting Brands
A LEADING portfolio of category-disrupting brands ~21% Q1 2026 U.S. Energy Drink Market Share 99.5% Weighted retail distribution (%acv) $1.45B Q1 2026 U.S. Retail Sales #1 Dollar Growth Portfolio In RTD Energy #3 Energy Portfolio In the U.S. 1. Circana US MULO+ W/C, CELSIUS INC RTD Energy L13W ended
Slide 4: We Are a Top-10 Beverage Company
WE ARE A TOP-10 Q1 2026 FULL YEAR BEVERAGE RANKINGS beverage COMPANY Rank Parent Company $ Retail Sales (Billions) $ Retail Sales Chg. yoy (Billions) Contribution to q1 2026 LRB Growth 1 $7.00 $0.52 22.4% 2 $6.12 $0.04 1.6% 3 $3.66 $0.11 4.8% 4 $2.50 $0.26 11.0% 5 $2.40 $0.21 8.9% 6 $1.45 $0.77 14.4
Slide 5: Celsius: Powering Performance in Modern Energy
CELSIUS: Powering Performance in Modern Energy PERFORMANCE Function Fitness-first positioning built for Sustained energy, zero sugar, workouts and daily movement metabolism support FLAVOR INNOVATION CONSUMER Fruit-forward, crisp flavors Active, health-conscious consumers fueling performance 5 55
Slide 6: Alani Nu: Igniting a New Era of Energy
ALALNI Nu: Igniting A new era of energy Shifted An Entire category #4 in Energy 1 2 70% Women AGE 18-44 Thrives on 3 Pillars FLAVOR FUN Fans Nostalgic, INVITING, Escapism, fueled Passionate, iconic by design dedicated community 6 1. Circana TOTAL U.S. MULO+ w/C, RTD Energy L52W ending 12/28/2025 2.
Slide 7: Rockstar: Next Generation Energy for the Core Consumer
ROCKSTAR: Next Generation Energy for the Core Consumer Broad Energy Distinct Portfolio Category Reach ROLE Caters to a $17.8 billion core ~70% male age 18-44 2 energy market 1 Full-flavor energy for core 2 occasions: sports, music, gaming 25 years Iconic flavors Powering of disrupting a new era of a
Slide 8: A Leader in Modern Energy Innovation
A Leader in Modern Energy Innovation Disrupting the energy category with trusted, better-for-you functional beverages that fit how people live today. CELSIUS PORTFOLIO RETAIL SALES ACROSS TRACKED CHANNELS 1,2 (MULO+ W/C | BILLIONS) Q1 2026 ~21% $1.60 Billions $1.40 $1.45 Acquired Rockstar Energy Mar
Slide 9: Celsius Holdings Is Growing the Energy Drink Category
Celsius holdings is growing the energy drink Category 50% CELSIUS PORTFOLIO CONTRIBUTION TO ENERGY CATEGORY GROWTH 1,2 46% (MULO+ W/C) 45% 44% 41% 40% 37% 35% 33% 33% 32% 30% 28% 26% 25% 23% 20% 16% 15% 10% 4% 5% 0% 0% Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q
Slide 10: Why Celsius Holdings
WHY CELSIUS HOLDINGS 1 We operate in a rapidly growing category 2 We are capitalizing on evolving consumer trends that are driving increased demand 3 We have a leading total energy portfolio that is positioned to win 4 We have an evolved, scaled operating model 5 We Believe we are well positioned fo
Slide 11: Proven Growth Strategy with Disciplined Execution
Proven growth strategy with disciplined execution MORE PEOPLE MOREPLACES MORE OFTEN Executing our growth strategy in an evolved way 11 The FDA recommends healthy adults consume no more than 400mg of caffeine per day.
Slide 12: Methodical Approach to International Growth in 2026 & Beyond
METHODICAL APPROACH TO INTERNATIONAL GROWTH in 2026 & beyond Market Size by Country (USD)1 US $28.5 b il l ion B ritain $2.79 b il l ion Australia $2.06 billion F rance $945 mil l ion Netherl a nds $790 mil l ion Canada $723 mil l ion Spain $591 mil l ion Sweden $588 mil l ion New Zealand $317 milli
Slide 13: Q1 2026 Key Messages
Q1 2026 key messages 1 Record Q1 2026 revenue of $782.6M (+138% YoY), driven by the Alani Nu and Rockstar acquisitions. 2 Portfolio share reached 20.9% of U.S. tracked energy, up 1,000 bps vs. CELSIUS standalone share in Q1 2025. Portfolio integration milestones advanced: Alani Nu integration comple
Slide 14: Q1 2026 Financial Results
Q1 2026 financial Results Summary Financials Q1 2026 Q1 2025 Change (millions except for percentages & EPS) Revenue $782.6 $329.3 138% North America $747.3 $306.5 144% International $35.3 $22.7 55% Gross Margin 48.3% 52.3% -400 BPS Net Income $110.1 $44.4 148% Net Income att. to Common Shareholders
Slide 15: Energy MULO+ W/C Dollar Share
Energy mulo+w/c dollar share TOP 3 PORTFOLIO $ SHARE OF MULO+ W/C BY QUARTER 2023-PRESENT 38.9 37.5 37.2 37.0 36.9 36.7 36.7 36.4 36.2 36.2 35.9 35.9 35.7 35.6 35.1 35.0 34.9 34.8 34.7 34.7 34.4 34.0 33.9 32.9 32.9 32.6 20.9 19.9 18.3 17.2 12.2 12.2 11.7 11.3 11.1 10.9 10.8 9.6 8.1 Q1 2023 Q2 2023 Q
Slide 16: Celsius Holdings Consolidated Revenue
CELSIUS HOLDINGS Consolidated $900M revenue $800M $35M $25M $23M $22M $700M $600M $500M $20M $400M $14M $15M $16M $747M $20M $23M $714M $702M $700M $15M $300M $19M $11M $200M $382M $371M $333M $340M $311M $312M $307M $249M $247M $100M $0M Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2023 2024 2025 2026 No
Slide 17: Alani Nu Q1 2026 Revenue Walk
Alani Nu Q1 2026 Revenue WALK 1 $168.3M $28.2M $368.1M $339.9M -$26.5M $230.7M $198.1M -$32.6M 2 2 2 3 3 3 3 3 Q1-25 Pro Forma Alani Q1-25 Canada / Non RTD Energy Q1-25 US RTD Energy Scanner Growth DSD/Direct Mix Q1-26 US RTD Energy Q1-26 Canada / Non RTD Energy Q1-26 Total 1.Figures represent unaud
Slide 18: Alani Nu Q1 Y/Y Revenue Content
Alani Nu Q1 Y/Y Revenue content Q1-2025 Alani Nu revenue content Q1-2026 Alani Nu revenue content 10.7 % 3.6% 4.0% 3.4% 85.9% 92.3% US RTD Energy Canada RTD Energy Non RTD Energy US RTD Energy Canada RTD Energy Non RTD Energy 18
Slide 19: Gross Profit & Adjusted EBITDA Margin
Gross profit PERCENTAGES REPRESENT QUARTERLY PERCENTAGE OF REVENUE & Adjusted Ebitda 60% Margin 50% 52.3% 51.5% 51.3% 47.4% 48.3% 40% 30% 28.4% 28.4% 25.0% 21.2% 20% 18.6% 10% 0% Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 GROSS PROFIT MARGIN ADJ EBITDA MARGIN NOTE 1. For GAAP to non-GAAP Adjusted EBITD
Slide 20: Non-GAAP EBITDA Schedule
non-gaap ebitda schedule Three months ended 1 Selling, general and administrative expenses related to (Figures in thousands) March 31, employee non-cash stock-based compensation expense. 2026 2025 Stock-based compensation expense consists of non-cash Net income (GAAP measure) charges for the estimat
Slide 21: Non-GAAP EPS Schedule
non-gaap eps schedule 1 Add backs and deductions are net of their respective impacts from tax and reallocation of earnings to Three months ended participating securities. The total tax effect of the adjusted items for the quarter ended March 31, 2026 March 31, was $(0.08) per diluted share, which in