Filing Flows › Vita Coco Company (COCO) › Q2 2026 › vs Q2 2025
Vita Coco Company (COCO) Q2 2026 vs Q2 2025 (year over year)
Vita Coco Company's revenue rose $47.4M (+28%) from $169M in Q2 2025 to $216M in Q2 2026. The biggest changes: Vita Coco Coconut Water +$29.4M (+21%); Private Label +$17.3M (+83%); Other +$720K (+10%). Gross margin 48.7% against 36.3% (+12.4 pts).
Vita Coco Company, Q2 2026: revenue $216M (+28% year over year), operating margin 29.2%, net earnings $49.5M, operating cash flow $80.9M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 48.7% | 36.3% | +12.4 pts |
| Operating margin | 29.2% | 14.9% | +14.3 pts |
| Net margin | 22.9% | 13.6% | +9.3 pts |
| Free cash flow margin | 37.4% | 12.4% | +25.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Vita Coco Coconut Water | $170M | $140M | $29.4M | +21% |
| Private Label | $38.2M | $20.9M | $17.3M | +83% |
| Other | $8.2M | $7.5M | $720K | +10% |
| Revenue | $216M | $169M | $47.4M | +28% |
| Gross profit | $105M | $61.3M | $44.0M | +72% |
| Cost of revenue | $111M | $107M | $3.3M | +3% |
| Other income, net | $1.2M | $3.0M | −$1.8M | -60% |
| Operating profit | $63.1M | $25.1M | $38.0M | +151% |
| Operating expenses | $42.2M | $36.1M | $6.0M | +17% |
| Pre-tax earnings | $64.4M | $28.2M | $36.2M | +128% |
| Net earnings | $49.5M | $22.9M | $26.5M | +116% |
| Income tax | $14.9M | $5.3M | $9.6M | +183% |
| Depreciation & amortization | $489K | $206K | $283K | +137% |
| Share-based compensation | $3.6M | $3.0M | $628K | +21% |
| Working capital & other | $27.4M | −$4.3M | $31.7M | — |
| Operating cash flow | $80.9M | $21.8M | $59.1M | +271% |
| Free cash flow (OCF − capex) | $80.8M | $20.9M | $59.9M | +287% |
| Capital expenditures | $151K | $949K | −$798K | -84% |
Questions
How much did Vita Coco Company's revenue grow year over year in Q2 2026?
Vita Coco Company's revenue rose $47.4M (+28%) from $169M in Q2 2025 to $216M in Q2 2026.
What drove Vita Coco Company's revenue change in Q2 2026?
Vita Coco Coconut Water +$29.4M (+21%); Private Label +$17.3M (+83%); Other +$720K (+10%).