
Celsius is the flagship brand of Celsius Holdings, Inc. (NASDAQ: CELH), a publicly traded American beverage company headquartered in Boca Raton, Florida. Celsius Holdings also owns Alani Nu (acquired April 1, 2025 for $1.8 billion) and Rockstar Energy in the U.S. and Canada (acquired August 28, 2025 from PepsiCo for $585 million). PepsiCo serves as exclusive distributor and holds preferred stock in Celsius Holdings. The company reported $2.5 billion in revenue for 2025.
Parent Company
Founded
2004
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Celsius | Celsius Holdings, Inc. | Wholly owned |
The Celsius beverage concept was created in 2003 by Greg Horn, who developed the idea of a fitness-focused energy drink. The concept was licensed to Elite FX Inc., a company founded in 2004 and later renamed Celsius Holdings, Inc. The company launched its first Celsius energy drink in Sweden in 2009, entering the European market before expanding to the United States.
Throughout the 2010s, Celsius expanded its distribution and product line. The brand positioned itself as a healthier alternative to traditional energy drinks, with zero sugar and ingredients claimed to support metabolism. The company went public through a SPAC merger in 2022, trading on NASDAQ under CELH.
In August 2022, PepsiCo invested $550 million in Celsius Holdings through Series A Convertible Preferred Stock and became the company's exclusive U.S. distributor. This partnership gave Celsius access to PepsiCo's extensive distribution network, accelerating the brand's retail expansion.
Celsius Holdings significantly expanded its portfolio in 2025 through two major acquisitions:
On February 20, 2025, Celsius Holdings announced the acquisition of Alani Nutrition LLC ("Alani Nu") for $1.8 billion, including $150 million in tax assets, for a net purchase price of $1.65 billion. The acquisition closed on April 1, 2025. Alani Nu was co-founded by Katy Schneider and Haydn Schneider, along with Congo Brands co-founders Max Clemons and Trey Steiger. Alani Nu generated $595 million in revenue in 2024 and targets female consumers focused on fitness and lifestyle.
On August 28, 2025, Celsius Holdings acquired the Rockstar Energy brand in the U.S. and Canada from PepsiCo for $585 million. PepsiCo retains ownership of the Rockstar brand internationally. As part of the transaction, PepsiCo invested $585 million in Series B Convertible Preferred Stock and Alani Nu moved into the PepsiCo distribution system. Celsius Holdings became PepsiCo's "energy category captain" in the U.S., managing the Celsius, Alani Nu, and Rockstar Energy brands.
For full-year 2025, Celsius Holdings reported revenue of $2,515.3 million, an 85.5% increase from $1,355.6 million in 2024. The Celsius brand contributed $1,457.7 million in revenue (up 7.5%), Alani Nu contributed $1,001.9 million, and Rockstar Energy contributed $55.6 million. In Q1 2026, revenue reached $782.6 million, a 138% year-over-year increase.
Is Celsius Holdings owned by another company?
No, Celsius Holdings is an independent, publicly traded company listed on NASDAQ under the ticker CELH. PepsiCo holds approximately 11% of the company through convertible preferred stock investments totaling $1.135 billion ($550 million in 2022 and $585 million in 2025), and has the right to nominate one director to the board. However, Celsius Holdings maintains operational independence with its own management team and strategic direction. The company is a component of the S&P 400 index.
Is Celsius Holdings publicly traded?
Yes, Celsius Holdings is publicly traded on the NASDAQ stock exchange under the ticker symbol CELH. The company uplisted to NASDAQ from the OTCQX Best Market on May 24, 2017, at a share price of $4.04 and a market capitalisation of approximately $170 million. As of February 23, 2026, there were 256,975,993 shares outstanding. The aggregate market value of common stock held by non affiliates was approximately $9.7 billion as of June 30, 2025.
When was Celsius Holdings founded?
Celsius Holdings was founded in 2004 in Delray Beach, Florida, as Elite FX. The Celsius beverage concept was created by nutrition industry entrepreneur Greg Horn in 2003 and licensed to Elite FX. The company was co founded by Steve Haley, a retired software company CEO, along with Irina Lorenzi and others. The first Celsius energy drink was launched in Sweden in 2009.
Who created Celsius Holdings?
The Celsius beverage concept was created by Greg Horn, a nutrition industry entrepreneur, in 2003. Horn formulated the first CELSIUS fitness drink and co founded the company that would become Celsius Holdings in 2004 with Steve Haley, who came out of retirement to lead the venture, and Irina Lorenzi. The company was originally named Elite FX and was based in Delray Beach, Florida.
What is Celsius Holdings' revenue and profit?
For full year 2025, Celsius Holdings reported record revenue of $2.52 billion, up 86% from $1.36 billion in 2024. Net income was $108.0 million, down 26% from $145.1 million, primarily due to $327 million in distributor termination costs and $60 million in acquisition related expenses. Adjusted EBITDA was $619.6 million, up 142%, and adjusted diluted EPS was $1.34, up 91%. Gross margin was 50.4%.
What brands does Celsius Holdings own?
Celsius Holdings owns three energy drink brands: CELSIUS, its flagship fitness energy brand with FY2025 revenue of $1,457.7 million; Alani Nu, a female focused better for you energy brand acquired in April 2025 for $1.8 billion, with FY2025 revenue of $1,001.9 million; and Rockstar Energy, a classic energy brand acquired from PepsiCo in August 2025 for the U.S. and Canada market, with FY2025 revenue of $55.6 million.
What is the PepsiCo relationship with Celsius Holdings?
PepsiCo is both a major shareholder and the primary distributor of Celsius Holdings. PepsiCo invested $550 million in August 2022 for approximately 8.5% ownership, and an additional $585 million in August 2025, increasing its stake to approximately 11%. PepsiCo serves as the primary U.S. distributor for all three Celsius Holdings brands through its direct store delivery network. Celsius Holdings is designated as PepsiCo's energy category captain in the U.S., managing strategic direction for CELSIUS, Alani Nu, and Rockstar Energy. Sales to PepsiCo constituted 43.2% of total revenue in 2025.
What is Celsius Holdings' market position?
Celsius Holdings reached approximately 20% dollar share of the U.S. energy drink category in Q4 2025, making it one of the top three energy drink companies in the United States by market share. The company competes directly with Red Bull and Monster Beverage. The CELSIUS brand was ranked as the third largest energy drink brand in the U.S. by sales, while the acquisition of Alani Nu and Rockstar Energy expanded the company's total energy portfolio to cover fitness, lifestyle, and classic energy segments.
Celsius Holdings published its inaugural ESG report in 2021. The company's sustainability initiatives cover environmental impact, responsible marketing, and supply chain practices.
Environmental Initiatives: Celsius Holdings has committed to reducing distribution emissions. The company works with co-packers to implement energy-efficient production processes. Since the Alani Nu and Rockstar Energy acquisitions in 2025, the company has been integrating these brands into its sustainability framework.
Sustainable Packaging: Celsius works with co-packers to reduce packaging waste and increase use of recyclable materials. The company has implemented lightweighting initiatives for its beverage containers.
Responsible Marketing: Celsius has faced regulatory scrutiny over health claims about metabolism acceleration and fat burning. The company has modified some marketing language in response to lawsuits and regulatory pressure. The brand's marketing now focuses more on fitness positioning rather than specific metabolic claims.
Supply Chain Ethics: Celsius Holdings works with third-party manufacturers and requires compliance with its supplier standards. The company conducts audits of its co-packing partners to maintain quality and ethical standards.
Marketing Claims Lawsuits: Celsius Holdings has faced class action lawsuits alleging that its products were misbranded. Plaintiffs claimed that Celsius misled consumers by labeling products with claims suggesting they could "accelerate metabolism," "burn body fat," reduce hunger, and promote weight loss without FDA authorization for such health claims. Celsius has modified some marketing language in response to these lawsuits.
Product Recall (2025): In July 2025, Celsius issued a recall for certain product packs that were inadvertently contaminated with vodka seltzer during manufacturing. The recalled products were shipped to retailers in Florida, New York, Ohio, South Carolina, Virginia, and Wisconsin. Celsius coordinated with FDA authorities on the recall process.
Investor Lawsuits (2024-2025): Celsius faced multiple lawsuits from investors alleging that the company misled investors by overstating sales tied to PepsiCo's distribution partnership and inflating stock prices. The lawsuits claimed that Celsius concealed inventory overstock issues and provided overly optimistic sales forecasts. These lawsuits are ongoing as of August 2026.
Flo Rida Endorsement Lawsuit: Rapper Flo Rida won an $82 million judgment against Celsius Holdings in 2023 over endorsement payment disputes. The lawsuit alleged that Celsius failed to honor the terms of an endorsement agreement signed in 2014. The judgment was reduced on appeal but the case highlighted contract management risks in celebrity endorsement deals.
Regulatory Scrutiny: As a functional beverage company making health claims, Celsius operates under FDA regulatory oversight regarding product labeling, health claims, and ingredient safety. The company must navigate FDA requirements for dietary supplements and functional beverages while maintaining its marketing effectiveness.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Monster Beverage | United States | 2012 | Premium | United states | All-ages | |
| Monster Beverage | USA | 2019 | Mass market | Global | All-ages |
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Market Positioning: Celsius competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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