Celsius Holdings Inc. Q2 2025 10-Q Filing

Ticker: CELH · Form: 10-Q · Filed: Aug 8, 2025 · CIK: 1341766

Sentiment: neutral

Topics: 10-Q, quarterly-report, financials

Related Tickers: CELH

TL;DR

**CELH Q2 2025 10-Q FILED** - Financials and operations update for the period ending June 30, 2025.

AI Summary

Celsius Holdings, Inc. filed its quarterly report for the period ended June 30, 2025. The company is incorporated in Nevada and its principal executive offices are located in Boca Raton, Florida. Its common stock trades on the Nasdaq Capital Market under the symbol CELH.

Why It Matters

This filing provides investors with an update on Celsius Holdings' financial performance and operational status for the second quarter of 2025.

Risk Assessment

Risk Level: low — This is a standard quarterly filing providing routine financial information.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The filing is for the quarterly period ended June 30, 2025.

What is the company's state of incorporation?

Celsius Holdings, Inc. is incorporated in Nevada.

Where are the principal executive offices of Celsius Holdings, Inc. located?

The principal executive offices are located at 2381 NW Executive Center Drive, Boca Raton, Florida 33431.

What is the trading symbol for Celsius Holdings, Inc. common stock?

The trading symbol is CELH.

On which exchange is Celsius Holdings, Inc. common stock traded?

The common stock is traded on the Nasdaq Capital Market.

Filing Stats: 4,633 words · 19 min read · ~15 pages · Grade level 13.7 · Accepted 2025-08-08 16:09:33

Key Financial Figures

Filing Documents

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION 3 Item 1.

Financial Statements

Financial Statements 3 Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024 (unaudited) 3 Condensed Consolidated Statements of Operations and Comprehensive Income for the three and six months ended June 30, 2025 and 2024 (unaudited) 5 Condensed Consolidated Statements of Changes in Stockholders' Equity and Mezzanine Equity for the three and six months ended June 30, 2025 (unaudited) 6 Condensed Consolidated Statements of Changes in Stockholders' Equity and Mezzanine Equity for the three and six months ended June 30, 2024 (unaudited) 7 Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2025 and 2024 (unaudited) 8 Notes to the Condensed Consolidated Financial Statements (unaudited) 10 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 34 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 42 Item 4.

Controls and Procedures

Controls and Procedures 43

- OTHER INFORMATION

PART II - OTHER INFORMATION 44 Item 1.

Legal Proceedings

Legal Proceedings 44 Item 1A.

Risk Factors

Risk Factors 44 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 44 Item 3. Defaults Upon Senior Securities 44 Item 4. Mine Safety Disclosures 44 Item 5. Other Information 44 Item 6. Exhibits 45

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements Celsius Holdings, Inc. Condensed Consolidated Balance Sheets (in thousands, except per share amounts) (Unaudited) June 30, 2025 December 31, 2024 ASSETS Current assets: Cash and cash equivalents $ 615,233 $ 890,190 Accounts receivable-net [1] 490,389 270,342 Inventories-net 230,046 131,165 Deferred other costs-current [2] 14,124 14,124 Prepaid expenses and other current assets 41,420 18,759 Total current assets 1,391,212 1,324,580 Property, plant and equipment-net 72,516 55,602 Customer relationships-net 117,726 11,306 Brands-net 1,104,389 907 Goodwill 802,234 71,582 Deferred other costs-non-current [2] 227,153 234,215 Deferred tax assets 43,158 38,699 Other long-term assets 36,755 29,990 Total Assets $ 3,795,143 $ 1,766,881 LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable [3] $ 120,962 $ 41,287 Accrued expenses [4] 225,859 148,780 Income taxes payable 21,765 10,834 Accrued promotional allowance [5] 200,169 135,948 Contingent consideration 25,000 — Deferred revenue-current [6] 16,071 9,513 Other current liabilities 49,949 19,173 Total current liabilities 659,775 365,535 Long-term debt 862,917 — Deferred revenue-non-current [7] 156,135 157,714 Other long term liabilities 25,002 19,215 Total Liabilities 1,703,829 542,464 Commitments and contingencies (Note 15) Mezzanine equity: Series A convertible preferred stock, $ 0.001 par value, 1,467 shares issued and outstanding [2] 824,488 824,488 Stockholders' equity: Common stock, $ 0.001 par value; 400,000 shares authorized, 257,769 and 235,014 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 101 79 Additional paid-in capital 1,028,384 297,579 Accumulated other comprehensive income (loss) 2,178 ( 3,250 ) Retained earnings 236,163 105,521 Total Stockholders' Equity 1,266,826 399,929 Total Liabilities, Mezzanine Equity and Stockholders' Equity $ 3,795,14

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