Vita Coco (NASDAQ:COCO) Releases Quarterly Earnings Results, Beats Expectations By $0.26 EPS

24 Jul 2026, 10:10 by Scott Moore · The Cerbat Gem

Vita Coco (NASDAQ:COCO – Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.26, Zacks reports. Vita Coco had a return on equity of 25.43% and a net margin of 12.59%.The business had revenue of $216.15 million during the quarter, compared to analyst estimates of $210.64 million. Vita Coco’s revenue for the quarter was up 28.1% on a year-over-year basis. During the same quarter last year, the company posted $0.38 EPS.

Here are the key takeaways from Vita Coco’s conference call:

Q2 net sales rose 28% to $216 million, driven by 21% growth in Vita Coco coconut water and 83% growth in private label. Management said brand momentum remained strong in the U.S. and internationally.
Profitability improved sharply, with gross margin expanding to 49% from 36% last year and adjusted EBITDA rising to $67 million, or 31% of sales. The company also reported $49 million of net income, or $0.82 per share.
Vita Coco raised full-year 2026 guidance to $790 million-$805 million in net sales and $154 million-$161 million in adjusted EBITDA. The upgrade reflects stronger core trends, tariff refunds, and the newly acquired Copra business.
The Copra acquisition expands Vita Coco into the super-premium chilled coconut water segment, giving it access to Nam Hom sourcing and a Thailand manufacturing base. Management said the deal is meant to strengthen long-term supply, capacity, and future brand-building in a faster-growing niche.
Cost pressure is expected to build in the second half from higher freight, packaging, domestic logistics, and energy costs, with margin headwinds likely to hit in Q3 and Q4. Management also noted the Philippine earthquake caused a temporary shutdown and lost production at one factory, though the impact was limited.

Vita Coco Stock Down 0.1%

Shares of Vita Coco stock traded down $0.05 on Friday, hitting $69.32. 92,615 shares of the company traded hands, compared to its average volume of 1,218,200. The company has a 50-day moving average price of $75.57 and a 200 day moving average price of $62.33. Vita Coco has a 12-month low of $31.79 and a 12-month high of $85.83. The company has a market cap of $3.96 billion, a PE ratio of 50.75, a PEG ratio of 1.78 and a beta of 0.77.

Insider Transactions at Vita Coco

In other Vita Coco news, COO Jonathan Burth sold 30,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $75.00, for a total value of $2,250,000.00. Following the transaction, the chief operating officer directly owned 57,910 shares of the company’s stock, valued at $4,343,250. This represents a 34.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ira Liran sold 74,232 shares of Vita Coco stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $80.29, for a total value of $5,960,087.28. Following the sale, the director owned 309,871 shares of the company’s stock, valued at approximately $24,879,542.59. This represents a 19.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 571,950 shares of company stock valued at $42,461,695 in the last three months. 12.90% of the stock is currently owned by insiders.

Institutional Trading of Vita Coco

A number of institutional investors have recently added to or reduced their stakes in COCO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Vita Coco by 5.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,493 shares of the company’s stock worth $720,000 after acquiring an additional 1,174 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Vita Coco by 5,376.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $49,000 after purchasing an additional 1,344 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Vita Coco in the 2nd quarter valued at $9,627,000. Cerity Partners LLC acquired a new stake in shares of Vita Coco in the 2nd quarter valued at $645,000. Finally, Qube Research & Technologies Ltd bought a new stake in Vita Coco in the second quarter worth $2,990,000. 88.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on COCO. Jefferies Financial Group raised their target price on shares of Vita Coco from $63.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Piper Sandler upped their price target on shares of Vita Coco from $74.00 to $89.00 and gave the company an “overweight” rating in a research report on Friday. Wall Street Zen raised shares of Vita Coco from a “sell” rating to a “buy” rating in a research note on Saturday, May 2nd. Weiss Ratings upgraded shares of Vita Coco from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Finally, Wells Fargo & Company boosted their target price on shares of Vita Coco from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Vita Coco has a consensus rating of “Moderate Buy” and a consensus price target of $77.29.

View Our Latest Stock Report on COCO

Key Headlines Impacting Vita Coco

Here are the key news stories impacting Vita Coco this week:

Positive Sentiment: Vita Coco reported second-quarter results that beat expectations, with EPS of $0.82 versus $0.56 expected and revenue of $216.15 million versus $210.64 million expected. Sales rose 28.1% year over year, showing continued demand strength. Article Title
Positive Sentiment: The company raised full-year 2026 guidance, now expecting net sales of $790 million to $805 million and adjusted EBITDA of $154 million to $161 million, which suggests management sees momentum continuing. Article Title
Positive Sentiment: Vita Coco announced the acquisition of Copra, a Thai Nam Hom coconut water producer, expanding its footprint into the super-premium coconut water segment and potentially supporting growth and category share gains. Article Title
Positive Sentiment: Analysts turned more constructive: Evercore raised its price target to $80 from $75, and Piper Sandler lifted its target to $89 from $74, both reinforcing a bullish outlook after the earnings and acquisition news. Article Title
Neutral Sentiment: Some commentary notes that COCO’s valuation is already rich after its big run, so even with strong fundamentals, the stock may remain sensitive to execution and margin expectations. Article Title
Negative Sentiment: One new risk disclosure flagged operational and financial risk tied to Vita Coco’s shift to in-house Copra production, which could weigh on sentiment if integration or manufacturing execution becomes challenging. Article Title

About Vita Coco

(Get Free Report)

Vita Coco, Inc (NASDAQ: COCO) is a global beverage company specializing in coconut-based products. Founded in 2004 by Michael Kirban and Ira Liran, the company pioneered the introduction of refrigerated coconut water to U.S. consumers. Headquartered in New York City, Vita Coco sources coconuts from growers in tropical regions such as the Philippines, Indonesia and Brazil, partnering with local farmers to promote sustainable agriculture and community development.

The company’s flagship offering, Vita Coco Original Coconut Water, is available in multiple pack sizes and a variety of flavors.