Celsius Holdings (NASDAQ:CELH) shares surged nearly 9% after the company reported fourth-quarter 2025 results that exceeded Wall Street expectations on both revenue and earnings.
For the three months ended December 31, 2025, Celsius posted revenue of approximately $721.6 million, above analysts’ forecast of $640.8 million.
Diluted earnings per share were $0.04, while non-GAAP adjusted EPS came in at $0.26, compared with the $0.19 per share estimate.
The quarter’s results reflected the impact of 2025 acquisitions, including Alani Nu on April 1 and Rockstar Energy on August 28. Alani Nu generated record fourth-quarter sales of roughly $370 million, supported by strong consumer demand and its transition to PepsiCo’s distribution network. Rockstar Energy contributed approximately $45 million in revenue.
CELSIUS brand revenue fell about 8% year-over-year, which the company attributed to temporary integration-related timing dynamics with its largest distributor. US tracked retail sales of CELSIUS, however, rose 13% for the 13 weeks ended December. 28, 2025, and growth continued into early 2026.
International revenue increased 9% to $22.1 million, led by growth in the Nordics and ongoing expansion in the UK, Ireland, France, Australia, New Zealand, and Benelux.
For the full year, Celsius recorded revenue of $2.52 billion, up 85.5% from $1.36 billion in 2024, with Alani Nu contributing $1 billion, Rockstar Energy $56 million, and CELSIUS brand revenue growing 7.5% to $1.46 billion.
“2025 was a defining year for Celsius Holdings as we delivered record full-year revenue of $2.5 billion, underscoring the power of our brands and the strength of our growth model,” Celsius CEO John Fieldly said.
“With CELSIUS, Alani Nu, and Rockstar Energy, we’re building a scaled Modern Energy portfolio with distinct roles, recruiting new consumers and expanding consumption occasions.”