Overview

• Energy drink maker's Q4 revenue rose 117%, beating analyst expectations

• Adjusted EPS for Q4 rose 86% yr/yr

• Company repurchased $39.8 mln of shares, reflecting confidence in business

Outlook

• Company expects margin expansion in 2026 as integrations complete

• Celsius Holdings anticipates positive momentum entering 2026

• Company plans to complete Alani Nu integration by Q1 2026

Result Drivers

• ALANI NU CONTRIBUTION - Alani Nu achieved record sales in Q4 2025, driven by strong customer demand and integration into PepsiCo distribution system

• CELSIUS BRAND CHALLENGES - CELSIUS brand revenue declined 8% in Q4 2025 due to temporary integration-related timing dynamics and order sequencing

• INTERNATIONAL GROWTH - International revenue increased 9% in Q4 2025, driven by growth in the Nordics and expansion in the UK, Ireland, and other markets

Company press release: ID:nBw5VMqY4a

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Revenue	Beat	$721.60 mln	$640.83 mln (19 Analysts)
Q4 Adjusted EPS		$0.26
Q4 Gross Profit		$341.80 mln

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the non-alcoholic beverages peer group is "buy"

• Wall Street's median 12-month price target for Celsius Holdings Inc is $65.00, about 28.4% above its February 25 closing price of $50.61

• The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 43 three months ago

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