Vita Coco Company reported second-quarter 2026 results with revenue up 28.1% year over year to $216.15M and diluted EPS of $0.82, driven by stronger volumes, pricing and improved margins compared with the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$216.15M$168.76M28.1% | Net income²$49.45M$22.91M115.9% | Diluted EPS³$0.82$0.38115.8% |
¹ Reported as “Net sales”. ² Reported as “Net income”. ³ Reported as “Diluted income per common share”.
Business Highlights
- Revenue growth was driven by stronger volumes and pricing across segments, with consolidated net sales up 28.1% in the quarter and 32.1% year to date.
- Vita Coco branded coconut water volumes increased 15.0% in the quarter and 22.1% YTD, with notable strength in Europe, including the U.K. and Germany.
- Private-label business expanded sharply after regained distribution and new accounts; CE volume rose 78.1% in the quarter and 50.2% YTD.
- Gross margin expanded to 48.7% from 36.3% a year earlier, aided by tariff refunds, lower ocean freight and favorable pricing.
- Post-quarter, the company acquired Copra in Thailand to strengthen supply capabilities and secure its production footprint.
Original SEC Filing:
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