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Celsius vs Coca-Cola Consolidated: revenue, profit, margins and growth compared

Celsius brought in $2.5B of revenue in fiscal 2025, Coca-Cola Consolidated $7.2B in fiscal 2025. Revenue changed by +85.5% at Celsius and +4.8% at Coca-Cola Consolidated on the year before, so Celsius grew faster. Celsius kept 4.3% of its revenue as net profit, Coca-Cola Consolidated 7.9%. Free cash flow was $323.4M at Celsius and $619.6M at Coca-Cola Consolidated.

Side by side, latest fiscal year

CELHCOKE
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.5B$7.2B
Revenue growth+85.5%+4.8%
Net income$108M$570.6M
Net margin4.3%7.9%
Free cash flow$323.4M$619.6M
Free cash flow margin12.9%8.6%
Earnings per share (diluted)$0.25n/a
Cash$398.9M$281.9M
Debt$676.9M$2.8B
Price to earnings112.0n/a
Market value$7.1B$12.7B
Dividend yieldn/an/a
Rank by revenue in sector#43 of 93 · Consumer staples#30 of 93 · Consumer staples

Over the years

Revenue
CELH FY2018: $52.6MCELH FY2019: $75.1MCELH FY2020: $130.7MCELH FY2021: $314.3MCELH FY2022: $653.6MCELH FY2023: $1.3BCELH FY2024: $1.4BCELH FY2025: $2.5BCOKE FY2018: $4.6BCOKE FY2019: $4.8BCOKE FY2020: $5BCOKE FY2021: $5.6BCOKE FY2022: $6.2BCOKE FY2023: $6.7BCOKE FY2024: $6.9BCOKE FY2025: $7.2BFY18FY19FY20FY21FY22FY23FY24FY25
CELH $2.5BCOKE $7.2B
Net income
CELH FY2018: -$11.2MCELH FY2019: $10MCELH FY2020: $8.5MCELH FY2021: $3.9MCELH FY2022: -$187.3MCELH FY2023: $226.8MCELH FY2024: $145.1MCELH FY2025: $108MCOKE FY2018: -$19.9MCOKE FY2019: $11.4MCOKE FY2020: $172.5MCOKE FY2021: $189.6MCOKE FY2022: $430.2MCOKE FY2023: $408.4MCOKE FY2024: $633.1MCOKE FY2025: $570.6MFY18FY19FY20FY21FY22FY23FY24FY25
CELH $108MCOKE $570.6M
Net margin
CELH FY2018: -21.3%CELH FY2019: 13.3%CELH FY2020: 6.5%CELH FY2021: 1.3%CELH FY2022: -28.7%CELH FY2023: 17.2%CELH FY2024: 10.7%CELH FY2025: 4.3%COKE FY2018: -0.4%COKE FY2019: 0.2%COKE FY2020: 3.4%COKE FY2021: 3.4%COKE FY2022: 6.9%COKE FY2023: 6.1%COKE FY2024: 9.2%COKE FY2025: 7.9%FY18FY19FY20FY21FY22FY23FY24FY25
CELH 4.3%COKE 7.9%
Revenue growth
CELH FY2019: +42.9%CELH FY2020: +74.0%CELH FY2021: +140.4%CELH FY2022: +108.0%CELH FY2023: +101.7%CELH FY2024: +2.9%CELH FY2025: +85.5%COKE FY2019: +4.3%COKE FY2020: +3.7%COKE FY2021: +11.1%COKE FY2022: +11.5%COKE FY2023: +7.3%COKE FY2024: +3.7%COKE FY2025: +4.8%FY19FY20FY21FY22FY23FY24FY25
CELH +85.5%COKE +4.8%
Free cash flow
CELH FY2018: -$11.8MCELH FY2019: $956KCELH FY2020: $2.8MCELH FY2021: -$99.7MCELH FY2022: $99.9MCELH FY2023: $123.8MCELH FY2024: $239.5MCELH FY2025: $323.4MCOKE FY2018: $30.6MCOKE FY2019: $119MCOKE FY2020: $292.4MCOKE FY2021: $366.1MCOKE FY2022: $255.9MCOKE FY2023: $528.4MCOKE FY2024: $505.3MCOKE FY2025: $619.6MFY18FY19FY20FY21FY22FY23FY24FY25
CELH $323.4MCOKE $619.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Celsius and Coca-Cola Consolidated

Which is bigger by revenue, Celsius or Coca-Cola Consolidated?

Coca-Cola Consolidated is bigger by revenue: $7.2B in fiscal 2025, against $2.5B for Celsius in fiscal 2025.

Which keeps more of its revenue as profit, Celsius or Coca-Cola Consolidated?

Celsius had a net margin of 4.3% in fiscal 2025; Coca-Cola Consolidated had 7.9% in fiscal 2025.

Which grew revenue faster, Celsius or Coca-Cola Consolidated?

In their latest fiscal years revenue changed by +85.5% at Celsius and +4.8% at Coca-Cola Consolidated.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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