CELH Celsius Holdings margins

Relative Growth: Rel. Growth: 99

Relative Strength: Rel. Strength: 49

Relative Valuation: Rel. Valuation: 67

Relative Profitability: Rel. Profitability: 90

Gross margin

47.6%

Operating margin

13%

EBITDA margin

15.1%

Net margin

10%

For the latest period, Celsius Holdings has a gross margin of 47.6%, an operating margin of 13%, an EBITDA margin of 15.1%, and a net margin of 10%. Operating margin showed the largest improvement, gaining by 8.5 percentage points. Gross margin saw the largest decline, dropping by 3.8 percentage points.

CELH margin history

Gross, operating, EBITDA and net margin trends

Celsius Holdings's margins averaged 49.71% gross, 12.38% operating, 15.09% EBITDA, and 10.45% net during the last 3 years. Against the three-year averages, operating and EBITDA margins are above their three-year averages and gross and net margins are below their three-year averages.

CELH margin expansion

Year-over-year margin changes in percentage points

Operating margin expanded by 8.5 percentage points, EBITDA margin by 8 percentage points, and net margin by 7 percentage points, whereas gross margin contracted by 3.8 percentage points.

Gross margin expansion

-3.8pp

Operating margin expansion

8.5pp

EBITDA margin expansion

8pp

Net margin expansion

7pp

CELH Gross margin

Looking back over the last 3 years, Celsius Holdings recorded an average gross margin of 49.71%. Celsius Holdings's current gross margin is 47.6% and is 2.1 percentage points below its three-year average. The highest gross margin for Celsius Holdings was 51.4% in Sep 2025, while the lowest was 47.6% in Sep 2026.

CELH Operating margin

Celsius Holdings's operating margin averaged 12.38% during the last 3 years. The current operating margin of 13% is 0.6 percentage points above its three-year average. Over the last 3 years, Celsius Holdings's operating margin peaked at 22.4% in Jun 2024 and reached a low of 4.5% in Sep 2025.

CELH EBITDA margin

The average EBITDA margin for Celsius Holdings was 15.09% during the last 3 years. The latest EBITDA margin for Celsius Holdings is 15.1%, 0 percentage points above its three-year average. The EBITDA margin for Celsius Holdings moved between 7.1% in Sep 2025 and 25.1% in Jun 2024.

CELH Net margin

Celsius Holdings's net margin averaged 10.45% over the last 3 years. Against its three-year average, Celsius Holdings's net margin is currently 10%, 0.5 percentage points below its three-year average. Over the last 3 years, Celsius Holdings's net margin peaked at 19.6% in Jun 2024 and reached a low of 3% in Sep 2025.

CELH margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 47.6%, CELH ranks higher than the Consumer Defensive sector and the industry average but lower than its peers average. In comparison with the Consumer Defensive sector average of 36.4%, Celsius Holdings's gross margin is 31% higher.

CELH margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Celsius Holdings's gross margin?

As of Sep 30, 2026, CELH has a gross margin of 47.6%.

What is Celsius Holdings's operating margin?

The current operating margin for CELH is 13% as of Sep 30, 2026.

What is Celsius Holdings's EBITDA margin?

As of Sep 30, 2026, CELH has an EBITDA margin of 15.1%.

What is Celsius Holdings's net margin?

As of Sep 30, 2026, CELH has a net margin of 10%.

What are the average margins of CELH?

Celsius Holdings's average margins over the last 3 years were 49.7% gross, 12.4% operating, 15.1% EBITDA, and 10.5% net.

What are the highest historical margins of CELH?

Celsius Holdings's highest recorded margins during the past 5 years were 51.4% gross in Sep 2025, 22.4% operating in Jun 2024, 25.1% EBITDA in Jun 2024, and 19.6% net in Jun 2024.

What are the lowest historical margins of CELH?

Across the 5-year period, CELH posted its lowest margins at 39.6% gross in Jun 2022, -24.1% operating in Dec 2022, -23.1% EBITDA in Dec 2022, and -28.7% net in Dec 2022.