For the latest data point in Q1'26, CELH reported a Gross Margin of 48.3%, an Operating Margin of 17.76%, and a Net Profit Margin of 10.9%. This represents a significant recovery in profitability across all metrics compared to the lower levels observed in the previous quarter. From Q2'23 to Q1'26, the company's Gross Margin has remained relatively stable, fluctuating between 46% and 52.3%. However, Operating and Net Profit Margins have exhibited high volatility, characterized by sharp declines into negative territory during Q3'24, Q4'24, and Q3'25, followed by swift rebounds. Despite these periodic fluctuations, the overall trend reflects a resilient business model capable of returning to double-digit net profitability after seasonal or operational headwinds.