Filing Flows › Vita Coco Company (COCO) › Q3 2026 › vs Q2 2026
Vita Coco Company (COCO) Q3 2026 vs Q2 2026 (quarter over quarter)
Vita Coco Company's revenue rose $27.7M (+13%) from $216M in Q2 2026 to $244M in Q3 2026. The biggest changes: Private Label +$18.6M (+49%); Vita Coco Coconut Water +$8.0M (+5%); Other +$1.2M (+14%). Gross margin 38.0% against 48.7% (-10.7 pts).
Vita Coco Company, Q3 2026: revenue $244M (+34% year over year), operating margin 18.6%, net earnings $35.0M, operating cash flow $55.4M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 38.0% | 48.7% | -10.7 pts |
| Operating margin | 18.6% | 29.2% | -10.6 pts |
| Net margin | 14.4% | 22.9% | -8.5 pts |
| Free cash flow margin | 22.6% | 37.4% | -14.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Vita Coco Coconut Water | $178M | $170M | $8.0M | +5% |
| Private Label | $56.8M | $38.2M | $18.6M | +49% |
| Other | $9.4M | $8.2M | $1.2M | +14% |
| Revenue | $244M | $216M | $27.7M | +13% |
| Gross profit | $92.7M | $105M | −$12.6M | -12% |
| Cost of revenue | $151M | $111M | $40.3M | +36% |
| Operating profit | $45.5M | $63.1M | −$17.7M | -28% |
| Operating expenses | $47.2M | $42.2M | $5.1M | +12% |
| Pre-tax earnings | $43.6M | $64.4M | −$20.7M | -32% |
| Other expense, net | $1.8M | −$1.2M | $3.0M | — |
| Net earnings | $35.0M | $49.5M | −$14.4M | -29% |
| Income tax | $8.6M | $14.9M | −$6.3M | -42% |
| Depreciation & amortization | $1.5M | $489K | $1.0M | +205% |
| Share-based compensation | $3.1M | $3.6M | −$468K | -13% |
| Working capital & other | $15.8M | $27.4M | −$11.6M | -42% |
| Operating cash flow | $55.4M | $80.9M | −$25.5M | -32% |
| Free cash flow (OCF − capex) | $55.2M | $80.8M | −$25.6M | -32% |
| Capital expenditures | $191K | $151K | $40K | +26% |
Questions
How much did Vita Coco Company's revenue grow quarter over quarter in Q3 2026?
Vita Coco Company's revenue rose $27.7M (+13%) from $216M in Q2 2026 to $244M in Q3 2026.
What drove Vita Coco Company's revenue change in Q3 2026?
Private Label +$18.6M (+49%); Vita Coco Coconut Water +$8.0M (+5%); Other +$1.2M (+14%).