Filing Flows › Vita Coco Company (COCO) › Q2 2025
Vita Coco Company (COCO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Vita Coco Company (COCO) reported revenue of $169M for the second quarter 2025 (Q2 2025), +17% from a year earlier and +29% from the quarter before. Operating margin was 14.9%, net earnings $22.9M (13.6% of revenue).
Vita Coco Company, Q2 2025: revenue $169M (+17% year over year), operating margin 14.9%, net earnings $22.9M, operating cash flow $21.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $169M | +29% | +17% |
| Gross profit | $61.3M | +27% | +4% |
| Operating profit | $25.1M | +30% | -16% |
| Net earnings | $22.9M | +21% | +20% |
| Operating cash flow | $21.8M | — | -19% |
| Free cash flow | $20.9M | — | -22% |
What changed
Revenue was $168.8M in Q2 2025, up 17% year over year and up 29% from the previous quarter. Vita Coco Coconut Water was the largest line at 83% of revenue. Vita Coco Coconut Water added $27.9M year over year (up 25%), 113% of the total change. Private Label declined 25%.
Gross margin was 36.3%, down 4.5 points from a year earlier. Operating profit was $25.1M, a 14.9% margin (down 5.9 points year over year). Operating profit fell $4.9M even though revenue rose $24.6M versus a year earlier, so costs grew faster than sales. Operating expenses grew 26% against revenue growth of 17%. Net earnings were $22.9M, up 20% year over year. The effective tax rate was 18.7%.
Operating cash flow was $21.8M (down 19% year over year), 95% of net earnings. Non-cash charges added back $206K of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $4.3M. Capital expenditures of $949K left free cash flow of $20.9M.
Questions
What was Vita Coco Company's revenue in the second quarter 2025?
Vita Coco Company (COCO) reported revenue of $169M for the second quarter 2025 (Q2 2025), +17% from a year earlier and +29% from the quarter before.
Was Vita Coco Company profitable in the second quarter 2025?
Operating profit was $25.1M (14.9% of revenue) and net earnings $22.9M.
Source: Vita Coco Company 10-Q on SEC EDGAR.