NASDAQ$CELH

Celsius Holdings Inc. · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

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

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.

Headline financials

Total Revenue

$326M

Previous: $154M+111.6%
EPS (adj)

$0.17

Previous: $0.04+325.0%
Capital Expenditures

-$6.81M

Previous: -$2.46M-177.3%
Free Cash Flow

$44.7M

Previous: $6.7M+567.0%
Net Income

$51.5M

Previous: $9.16M+462.4%
Operating Income

$64.8M

Previous: $12.4M+421.4%
Gross Profit

$159M

Previous: $59.3M+168.0%
Cash & Equivalents

$681M

Previous: $60M+1034.5%
Total Assets

$1.4B

Previous: $350M+300.2%
Stock-Based Comp

$5.74M

Previous: $4.21M+36.3%

Revenue & EPS history

Celsius · Revenue · Quarterly

$326M

Q2 2023+111.6%vs Q2 2022
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

The press release does not contain any forward guidance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+1.7%

Avg return

Earnings day

+3.5%

Avg return

5 days after

+9.9%

Avg return

30 days after

56%

33 / 59 earnings

Positive

+35.4%

Q2 2020

Best reaction

-40.4%

Q3 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.4%-9.8%-14.2%
Q4 2025+6.8%-6.9%-32.9%
Q3 2025-25.0%-27.0%-29.8%
Q1 2025+4.6%+8.5%+18.3%
Q4 2024-2.1%+3.0%+26.2%
Q3 2024-5.4%-13.7%-11.2%
Q2 2024-4.7%-7.9%-22.5%
Q1 2024-1.5%+5.7%-5.4%
Q4 2023+17.0%+28.0%+22.4%
Q3 2023+1.3%-2.5%-13.6%
Q2 2023+20.6%+22.2%+43.3%
Q1 2023+20.0%+21.5%+31.9%
Q4 2022+4.0%-2.7%+2.4%
Q3 2022+8.3%+10.7%+38.1%
Q2 2022+1.3%+3.8%+3.6%
Q1 2022+13.3%+34.6%+57.6%
Q4 2021+1.5%-14.1%-13.6%
Q3 2021-11.2%-15.3%-29.4%
Q2 2021-6.7%-15.4%+17.5%
Q1 2021+17.4%+15.1%+38.3%
Q4 2020-25.4%-22.5%-11.6%
Q3 2020+31.5%+30.4%+46.9%
Q2 2020+35.4%+26.8%+20.9%
Q1 2020+9.9%+18.5%+58.0%
Q4 2019-1.1%-22.6%-15.6%
Q3 2019+7.3%+6.5%+27.3%
Q2 2019+0.0%-3.3%-18.2%
Q1 2019-1.3%-4.5%-18.0%
Q4 2018+25.6%+28.1%+6.4%
Q3 2018-1.5%-0.2%-1.2%
Q2 2018-2.1%+1.6%+2.3%
Q1 2018+2.8%+6.7%+21.6%
Q4 2017-3.4%-5.6%-12.5%
Q3 2017+5.7%+5.5%-1.3%
Q2 2017+16.3%+14.9%+76.1%
Q1 2016-11.4%-11.6%+8.9%
Q1 2017+0.8%-0.8%+4.6%
Q4 2016+8.3%+4.2%+8.3%
Q2 2016+8.3%+4.2%+8.3%
Q3 2016+6.5%+15.0%+35.0%
Q3 2015+6.5%+15.0%+35.0%
Q4 2015+6.5%
Q2 2015-6.2%
Q1 2015+3.2%
Q4 2014+0.0%
Q3 2014+0.0%
Q2 2014+4.8%
Q1 2014+7.1%
Q4 2013+6.1%
Q3 2013+0.0%
Q2 2013-3.1%
Q1 2013-16.7%
Q4 2012+8.3%
Q3 2012-15.2%
Q1 2011-11.5%
Q4 2010+4.7%
Q3 2010-40.4%
Q2 2010-12.6%
Q1 2010-15.4%

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