Filing Flows › Vita Coco Company (COCO) › Q2 2026
Vita Coco Company (COCO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 23, 2026
Vita Coco Company (COCO) reported revenue of $216M for the second quarter 2026 (Q2 2026), +28% from a year earlier and +20% from the quarter before. Operating margin was 29.2%, net earnings $49.5M (22.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $216M | +20% | +28% |
| Gross profit | $105M | +47% | +72% |
| Operating profit | $63.1M | +88% | +151% |
| Net earnings | $49.5M | +62% | +116% |
| Operating cash flow | $80.9M | +419% | +271% |
| Free cash flow | $80.8M | +434% | +287% |
What changed
Revenue was $216.2M in Q2 2026, up 28% year over year and up 20% from the previous quarter. Vita Coco Coconut Water was the largest line at 79% of revenue. Vita Coco Coconut Water added $29.4M year over year (up 21%), 62% of the total change.
Gross margin was 48.7%, up 12.4 points from Q2 2025. Operating profit was $63.1M, a 29.2% margin (up 14.3 points year over year). Of the extra revenue versus Q2 2025, 80% reached operating profit, above the 15% margin then. Operating expenses grew 17% against revenue growth of 28%. Net earnings were $49.5M, up 116% year over year. The effective tax rate was 23.2%.
Operating cash flow was $80.9M (up 271% year over year), 164% of net earnings. Non-cash charges added back $489K of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items added $27.4M. Capital expenditures of $151K left free cash flow of $80.8M.
Questions
What was Vita Coco Company's revenue in the second quarter 2026?
Vita Coco Company (COCO) reported revenue of $216M for the second quarter 2026 (Q2 2026), +28% from a year earlier and +20% from the quarter before.
Was Vita Coco Company profitable in the second quarter 2026?
Operating profit was $63.1M (29.2% of revenue) and net earnings $49.5M.
Source: Vita Coco Company 10-Q on SEC EDGAR.