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Side-by-side financial comparison of Celsius Holdings, Inc. (CELH) and ESAB Corp (ESAB). Click either name above to swap in a different company.
ESAB Corp is the larger business by last-quarter revenue ($745.6M vs $721.6M, roughly 1.0× Celsius Holdings, Inc.). ESAB Corp runs the higher net margin — 6.6% vs 3.4%, a 3.2% gap on every dollar of revenue. On growth, Celsius Holdings, Inc. posted the faster year-over-year revenue change (117.2% vs 9.9%). Over the past eight quarters, Celsius Holdings, Inc.'s revenue compounded faster (42.4% CAGR vs 4.0%).
Celsius Holdings, Inc. is an American company that produces a range of fitness and energy drinks under the brand name Celsius. The company's products are marketed as healthy, to which the CEO attributes the brand's success.
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
CELH vs ESAB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $721.6M | $745.6M |
| Net Profit | $24.7M | $49.2M |
| Gross Margin | 47.4% | 36.9% |
| Operating Margin | 3.6% | 12.1% |
| Net Margin | 3.4% | 6.6% |
| Revenue YoY | 117.2% | 9.9% |
| Net Profit YoY | 231.1% | -29.3% |
| EPS (diluted) | $0.04 | $0.78 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $745.6M | ||
| Q4 25 | $721.6M | $727.8M | ||
| Q3 25 | $725.1M | $715.6M | ||
| Q2 25 | $739.3M | $678.1M | ||
| Q1 25 | $329.3M | — | ||
| Q4 24 | $332.2M | $670.8M | ||
| Q3 24 | $265.7M | $673.3M | ||
| Q2 24 | $402.0M | $707.1M |
| Q1 26 | — | $49.2M | ||
| Q4 25 | $24.7M | $54.8M | ||
| Q3 25 | $-61.0M | $66.9M | ||
| Q2 25 | $99.9M | $67.4M | ||
| Q1 25 | $44.4M | — | ||
| Q4 24 | $-18.9M | $53.7M | ||
| Q3 24 | $6.4M | $68.2M | ||
| Q2 24 | $79.8M | $82.9M |
| Q1 26 | — | 36.9% | ||
| Q4 25 | 47.4% | 37.0% | ||
| Q3 25 | 51.3% | 37.2% | ||
| Q2 25 | 51.5% | 37.6% | ||
| Q1 25 | 52.3% | — | ||
| Q4 24 | 50.2% | 38.5% | ||
| Q3 24 | 46.0% | 37.7% | ||
| Q2 24 | 52.0% | 38.2% |
| Q1 26 | — | 12.1% | ||
| Q4 25 | 3.6% | 14.6% | ||
| Q3 25 | -11.0% | 15.2% | ||
| Q2 25 | 19.3% | 16.2% | ||
| Q1 25 | 15.8% | — | ||
| Q4 24 | -5.6% | 16.6% | ||
| Q3 24 | -1.2% | 15.7% | ||
| Q2 24 | 23.4% | 16.9% |
| Q1 26 | — | 6.6% | ||
| Q4 25 | 3.4% | 7.5% | ||
| Q3 25 | -8.4% | 9.3% | ||
| Q2 25 | 13.5% | 9.9% | ||
| Q1 25 | 13.5% | — | ||
| Q4 24 | -5.7% | 8.0% | ||
| Q3 24 | 2.4% | 10.1% | ||
| Q2 24 | 19.8% | 11.7% |
| Q1 26 | — | $0.78 | ||
| Q4 25 | $0.04 | $0.90 | ||
| Q3 25 | $-0.27 | $1.09 | ||
| Q2 25 | $0.33 | $1.10 | ||
| Q1 25 | $0.15 | — | ||
| Q4 24 | $-0.10 | $0.87 | ||
| Q3 24 | $0.00 | $1.11 | ||
| Q2 24 | $0.28 | $1.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $398.9M | $1.0B |
| Total DebtLower is stronger | $676.9M | $2.0B |
| Stockholders' EquityBook value | $1.2B | $2.2B |
| Total Assets | $5.1B | $5.6B |
| Debt / EquityLower = less leverage | 0.57× | 0.91× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.0B | ||
| Q4 25 | $398.9M | $218.2M | ||
| Q3 25 | $806.0M | $258.2M | ||
| Q2 25 | $615.2M | $291.3M | ||
| Q1 25 | $977.3M | — | ||
| Q4 24 | $890.2M | $249.4M | ||
| Q3 24 | $903.7M | $253.7M | ||
| Q2 24 | $903.2M | $228.5M |
| Q1 26 | — | $2.0B | ||
| Q4 25 | $676.9M | $1.3B | ||
| Q3 25 | $870.5M | $1.1B | ||
| Q2 25 | $871.9M | $1.1B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $1.2B | $2.1B | ||
| Q2 25 | $1.3B | $1.9B | ||
| Q1 25 | $443.1M | — | ||
| Q4 24 | $399.9M | $1.8B | ||
| Q3 24 | $423.6M | $1.8B | ||
| Q2 24 | $415.8M | $1.7B |
| Q1 26 | — | $5.6B | ||
| Q4 25 | $5.1B | $4.9B | ||
| Q3 25 | $5.3B | $4.4B | ||
| Q2 25 | $3.8B | $4.2B | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.8B | $4.0B | ||
| Q3 24 | $1.7B | $4.1B | ||
| Q2 24 | $1.7B | $4.0B |
| Q1 26 | — | 0.91× | ||
| Q4 25 | 0.57× | 0.63× | ||
| Q3 25 | 0.72× | 0.51× | ||
| Q2 25 | 0.69× | 0.55× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.59× | ||
| Q2 24 | — | 0.63× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-119.4M | $46.9M |
| Free Cash FlowOCF − Capex | $-130.0M | — |
| FCF MarginFCF / Revenue | -18.0% | — |
| Capex IntensityCapex / Revenue | 1.5% | — |
| Cash ConversionOCF / Net Profit | -4.83× | 0.95× |
| TTM Free Cash FlowTrailing 4 quarters | $323.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $46.9M | ||
| Q4 25 | $-119.4M | $81.5M | ||
| Q3 25 | $331.8M | $46.6M | ||
| Q2 25 | $43.7M | $35.4M | ||
| Q1 25 | $103.4M | — | ||
| Q4 24 | $75.7M | $126.9M | ||
| Q3 24 | $12.9M | $101.0M | ||
| Q2 24 | $39.6M | $83.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-130.0M | $70.3M | ||
| Q3 25 | $321.5M | $37.4M | ||
| Q2 25 | $35.5M | $28.1M | ||
| Q1 25 | $96.4M | — | ||
| Q4 24 | $70.3M | $102.2M | ||
| Q3 24 | $8.7M | $90.4M | ||
| Q2 24 | $30.4M | $74.0M |
| Q1 26 | — | — | ||
| Q4 25 | -18.0% | 9.7% | ||
| Q3 25 | 44.3% | 5.2% | ||
| Q2 25 | 4.8% | 4.1% | ||
| Q1 25 | 29.3% | — | ||
| Q4 24 | 21.2% | 15.2% | ||
| Q3 24 | 3.3% | 13.4% | ||
| Q2 24 | 7.6% | 10.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | 1.5% | ||
| Q3 25 | 1.4% | 1.3% | ||
| Q2 25 | 1.1% | 1.1% | ||
| Q1 25 | 2.1% | — | ||
| Q4 24 | 1.6% | 3.7% | ||
| Q3 24 | 1.6% | 1.6% | ||
| Q2 24 | 2.3% | 1.3% |
| Q1 26 | — | 0.95× | ||
| Q4 25 | -4.83× | 1.49× | ||
| Q3 25 | — | 0.70× | ||
| Q2 25 | 0.44× | 0.53× | ||
| Q1 25 | 2.33× | — | ||
| Q4 24 | — | 2.36× | ||
| Q3 24 | 2.03× | 1.48× | ||
| Q2 24 | 0.50× | 1.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
