---
schema_version: "secwatch.filing_event.v1"
accession: "0001341766-24-000095"
form_type: "8-K"
ticker: "CELH"
cik: "0001341766"
company_name: "Celsius Holdings, Inc."
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:23:57.478942+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Celsius Q3 revenue falls 31% to $265.7M; EPS turns negative; cites distributor destocking

## Summary
- North America revenue $247.1M, down 33% YoY; international up 37% to $18.6M.
- GAAP net income $6.4M vs $83.9M; diluted EPS ($0.00) vs $0.30; adjusted EBITDA $4.4M vs $103.6M.
- Gross margin contracted 440 bps to 46.0%, hurt by supply chain optimization by its largest distributor.
- YTD 2024 revenue surpassed $1B ($1,023.4M), up 5% from $970.6M; net income down 7% to $164M.
- Co-packer acquisition completed to enhance innovation and manufacturing capabilities.

## SEC filing metadata
- accession: 0001341766-24-000095
- form_type: 8-K
- ticker: CELH
- cik: 0001341766
- company_name: Celsius Holdings, Inc.
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1341766/000134176624000095/0001341766-24-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1341766/000134176624000095/celh-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001341766-24-000095
- JSON: https://secwatch.observer/filing/0001341766-24-000095.json
- Plain text: https://secwatch.observer/filing/0001341766-24-000095.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.