XenalyticsNo. 009 · Nov 4, 2026

Brand growth · Celsius Holdings 10-K and 10-Q filings and earnings releases, 2019–Q2 2026

Celsius hit $2.5B. Its own brand is now under half of sales

$2.52BCelsius Holdings revenue in calendar 2025 ($2,515.3 million), up 85.5% from $1,355.6 million in 2024, per its 10-K. Source: Celsius Holdings via SEC EDGAR, 2026

Where Celsius Holdings' revenue comes from, by brand

Revenue by brand, $ millions. Drag the quarter slider or press play, and tap a slice for the exact figure.

Sources: Celsius Holdings via SEC EDGAR, 2026; Celsius Holdings via SEC EDGAR, 2025; Celsius Holdings via SEC EDGAR, 2026; Celsius Holdings via SEC EDGAR, 2026; Celsius Holdings via SEC EDGAR, 2026; Celsius Holdings via SEC EDGAR, 2025. Note: Alani Nu joined on April 1, 2025 and Rockstar Energy (U.S. and Canada) on Aug. 28, 2025, so Q1 2025 is CELSIUS only. Q2 2025 and Q2 2026 brand splits are from the Q2 2026 10-Q. Alani Nu (Q3 2025, Q4 2025, Q1 2026) and Rockstar (Q4 2025, Q1 2026) are the approximate figures in Celsius's releases; Q3 2025 Rockstar is the 10-Q's $12.2 million for Aug. 28 to Sept. 30. CELSIUS for Q3 and Q4 2025 is XENA's estimate: total revenue minus the other two brands.
Data table
Where Celsius Holdings' revenue comes from, by brand
YearCELSIUSAlani NuRockstar EnergyTotal
Q1 2025$329.3M$0.0M$0.0M$329.3M
Q2 2025$438.1M$301.2M$0.0M$739.3M
Q3 2025$380.9M$332.0M$12.2M$725.1M
Q4 2025$306.6M$370.0M$45.0M$721.6M
Q1 2026$348.0M$368.1M$66.6M$782.7M
Q2 2026$387.0M$364.4M$66.5M$817.9M
  • 47.3%of Celsius Holdings' Q2 2026 revenue came from the CELSIUS brand ($387.0M of $817.9M), down from 100% before the Alani Nu deal (XENA calculation)
  • 60.2%of Q2 2026 revenue came from PepsiCo, up from 33.3% a year earlier, after Alani Nu moved into PepsiCo's distribution system
  • 20.1%dollar share of U.S. energy drinks for the three-brand portfolio in the 13 weeks to June 28, 2026: CELSIUS 9.5%, Alani Nu 8.7%, Rockstar 1.9%
Data: Celsius Holdings via SEC EDGAR (2020); Celsius Holdings via SEC EDGAR (2022); Celsius Holdings via SEC EDGAR (2024); Celsius Holdings via SEC EDGAR (2025); Celsius Holdings via SEC EDGAR (2026); Celsius Holdings Investor Relations (2026). Chart: XENA Intelligence.xenaintelligenceapp.com/xenalytics

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