Celsius makes better-for-you energy drinks and doesn't distribute them itself — since 2022 PepsiCo hauls the cans to shops, which is why one customer (Pepsi) is ~a third of sales. After buying Alani Nu (~$1.8B, 2025) and Rockstar's US/Canada rights from Pepsi, Celsius now runs a three-brand energy platform: FY2025 revenue jumped ~85% to ~$2.5B.
What Celsius Holdings, Inc. really sells
Celsius makes better-for-you energy drinks and doesn't distribute them itself — since 2022 PepsiCo hauls the cans to shops, which is why one customer (Pepsi) is ~a third of sales. After buying Alani Nu (~$1.8B, 2025) and Rockstar's US/Canada rights from Pepsi, Celsius now runs a three-brand energy platform: FY2025 revenue jumped ~85% to ~$2.5B.