Celsius: Riding Alani Nu Growth Story

Celsius Holdings still trades at yearly lows, despite strong Q1 results and a promising growth outlook. The energy drink company saw reported Q1 '26 revenue surge 137.7% YoY to $782.6M, driven almost entirely by Alani Nu's explosive growth, while the core Celsius brand grew 6%. Celsius saw gross margins fall to 48.3%, but earnings smashed estimates, supporting robust EPS and EBITDA growth on normalized gross margins above 50%.