In Q4'25, CELH's Operating Cash Flow recorded a negative value of -$119.4M USD, marking a significant downturn from the robust $331.8M USD achieved in Q3'25. Similarly, Free Cash Flow declined sharply to -$130.0M USD in the same period, contrasting with the strong $321.5M USD in the prior quarter, indicating potential seasonal or operational pressures at year-end. Over the period from Q1'23 to Q4'25, both Operating and Free Cash Flow exhibited volatile trends with an overall upward trajectory, starting from negative territory in Q1'23 (-$13.8M USD for Operating, -$16.1M USD for Free) and peaking at $331.8M USD and $321.5M USD respectively in Q3'25, driven by consistent quarterly growth in mid-2024 and early 2025. Notable inflection points include a recovery surge in Q1'24 ($134.6M USD Operating) following a weak Q4'23 ($5.2M USD), and a sharp Q4'25 reversal, highlighting cyclical patterns in cash generation that financial analysts should monitor for sustainability amid the company's expansion.