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Vita Coco Company, Inc. (COCO) stock

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NASDAQ: COCO Nasdaq Beverages Next results ~January 21, 2027

B Fundamentals grade

Vita Coco Company, Inc. is a US-listed company in the beverages industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$81

Cash-flow model

Base case. Range ~$63–$110 across our lower- and higher-growth cases (15%–25% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 40% above it.

Price used: $58.21, November 2, 2026

Vita Coco Company, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Vita Coco files

Where Vita Coco stands after its latest 10-Q

Revenue for the twelve months to September 2026 was $768m, up 26.0% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin rose to 18.8% from 8.7% a year earlier. Operating margin widened to 19.9% from 12.6%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $74.62 a share, against a share price of $56.73.

Source: 10-Q filed October 22, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 21, 2027 (estimated)

Vita Coco Company, Inc.'s trailing-twelve-month revenue grew 26.0% year on year, with a free-cash-flow margin of 18.8%. Where it stands out: long-term debt as % of assets of 0.0% ranks 1 of 18 beverages companies we cover.

Our discounted-cash-flow model values the business at ~$81 per share in the base case (~$63–$110 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 172.0% while net income grew 74.2%: a 98pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $58.21 is 40% below our value per share of $81.
  • Fast growth. Revenue grew 26.0% over the last 12 months, against a median of 6.9% for beverages companies we cover.
  • Margins widening. Operating margin is up 7.3 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.2bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Volatile shares. Over the past year the shares showed annualised volatility of 56% and a beta of 0.6 against the S&P 500.
  • Below peers: days sales outstanding. Days sales outstanding of 61 days ranks 16 of 21 beverages companies we cover (median 33 days).
  • Heavily shorted. 15.1% of the shares available to trade are sold short (5.3 days of average volume to cover).

Latest results: FY2026 Q3

Filed October 22, 2026
Earnings per share
$0.66 against an average estimate of $0.53: beat by 23.9%
Revenue
$244m, up 33.7% on a year earlier
Share reaction
-11.0% in the first session after the results on October 22, 2026, against -1.7% for the S&P 500
Guidance given
net sales $810m to $820m (fiscal year 2026); gross margin 40% (fiscal year 2026)
Next report
October 22, 2026; average EPS estimate $0.20

Vita Coco's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.5%
  • 1 week+4.3%
  • 1 month+4.0%
  • This year+9.8%
  • 1 year+41.4%
  • 5 years+314.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$768M
Operating margin
19.9%
Net margin
15.7%
EPS (TTM, diluted)
$1.99

Growth

Revenue growth
+26.0%
Change in growth rate
−0.1 pts
Share count change
+1.2%

Cash

Free cash flow (TTM)
$144M
FCF margin
18.8%
Stock pay % of revenue
1.8%

Earnings

Last results
October 22, 2026
Next results (est.)
January 21, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance
  3. Results
  4. Deal

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Vita Coco Company, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 14.0% a year of cash-flow growth for five years.That is close to the 15.1% a year revenue growth Vita Coco has delivered.

Read with care: free cash flow has swung sharply in the past year (often a one-off tax, legal or working-capital item), so the cash-flow base behind this reading may be unusually low or high.

  • Priced in14.0%
  • Last 12 months26.0%
  • 3 years a year17.0%
  • 5 years a year15.1%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($57.83, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$81
Price used
$57.83close November 3, 2026
Implied change
▲ +41%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Vita Coco Company, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($96.8M, FY2026 Q3 TTM), growing 22.6% and 20.3% in the next two years (forecasts, guidance and its record), then back to 20% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$63–~$110 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Vita Coco Company, Inc.'s free cash flow after stock-based pay ( $96.8M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Vita Coco Company, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.74 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$81 ~$63–$110 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$46 ~$41–$52 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$40 ~$27–$61 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$27 ~$23–$34 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$55 ~$27–$81 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Vita Coco Company, Inc. with Beverages in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −23%
  • Revenue growth 5 points higher ▲ +30%
  • Free-cash-flow margin 1 point lower ▼ −5%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −16%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $27$36$47$63$83$108
8.5% $21$28$36$47$61$79
10% $18$23$29$38$48$62

Valuation multiples over time Market data may be delayed

At fiscal year end 20212022202320242025Now
Share price$11.17$13.82$25.65$36.91$53.01$58.21
Market value$605m$776m$1.5bn$2.2bn$3.2bn$3.5bn
+ Net debt (− = net cash)−$29m−$20m−$133m−$165m−$197m−$152m
Enterprise value$577m$756m$1.4bn$2.0bn$3.0bn$3.4bn
Multiples
Price / sales 1.6x1.8x3.1x4.2x5.2x4.6x
Price / earnings 31.8x99.3x32.3x39.1x44.6x29.3x
Price / free cash flow ——14.1x52.2x81.5x24.5x
EV / EBITDA 21.6x152.6x24.0x27.1x35.7x21.7x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

57 /100

Moderate moat

How hard Vita Coco's competitive advantage looks for rivals to wear away, judged from 6 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 20.2% of total assets over 5 years.

  • Pricing power 9 / 20

    Gross margin has been a median 35.0%, moving by 5.6 percentage points (standard deviation) across 6 years.

  • Durability 4 / 20

    Operating margin has been a median 13.1%; its worst year was 0.7%.

  • Cash conversion 13 / 20

    Free cash flow was positive in 4 of 6 years, at a median 11.6% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.14 +61% $818m +34%
Next $2.27 +6% $993m +21%

Next year's EPS estimate has moved −3.2% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +5.4% on 90 days ago. In the last 30 days, 2 analysts raised Vita Coco Company, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Vita Coco Company, Inc., last 90 days
$2.00 $2.10 $2.20 $2.30 $2.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.03 Current fiscal year, 60 days ago: $2.03 Current fiscal year, 30 days ago: $2.03 Current fiscal year, 7 days ago: $2.03 Current fiscal year, Now: $2.14 $2.14 Next fiscal year, 90 days ago: $2.34 Next fiscal year, 60 days ago: $2.34 Next fiscal year, 30 days ago: $2.34 Next fiscal year, 7 days ago: $2.34 Next fiscal year, Now: $2.27 $2.27

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.03$2.34
60 days ago $2.03$2.34
30 days ago $2.03$2.34
7 days ago $2.03$2.34
Now $2.14$2.27

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.53 $0.66 +23.9%
Jun 2026 $0.55 $0.88 +58.5%
Mar 2026 $0.33 $0.53 +62.1%
Dec 2025 $0.12 $0.14 +17.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 22, 2026
  • Net sales fiscal year 2026 $810m to $820m Raised
    “Net sales expected to be between $810 million and $820 million, driven by low 20s percent growth of Vita Coco Coconut Water, strong Private Label trends and the addition of Copra.” source
  • Gross margin fiscal year 2026 about 40% Maintained
    “Gross margin expected to be approximately 40% with benefit relative to prior year from lower tariffs, tariff refunds, and higher pricing partially offset by increased ocean freight, product and other transportation costs, alongside adverse product mix, primarily due to the impact of Copra's private label business and strong private label trends.” source
  • Fourth quarter gross margin Fourth quarter about 33%
    “Fourth quarter gross margin expected to be approximately 33% due to increases in cost of goods and no offsetting price actions expected until early 2027.” source
  • SG&A leverage fiscal year 2026 about 1.5% Raised
    “Expect to deliver SG&A leverage of approximately 1.5 percentage points of net sales vs. 2025.” source
  • Adjusted EBITDA fiscal year 2026 $170m to $175m Non-GAAP Raised
    “Adjusted EBITDA ² expected to be in the range of $170 million to $175 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Vita Coco Company, Inc.'s revenue by +22.6% next year and +20.3% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+23.8%, weight 33%) , management guidance (+23.3%, weight 40%) and the company's own record (+20.0%, weight 27%) . How the weights are set.

Analyst recommendations

12 analysts, Oct 2026
Buy975%
Hold325%
Sell00%

Monthly trend

  1. Oct 202618312
  2. Sep 202617311
  3. Aug 202617311
  4. Jul 202617311

Counts of recommendations published by analysts covering Vita Coco Company, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
15.1%
of tradable shares
Days to cover
5.29
at average volume
Short interest, 1 month
+19%
to October 15, 2026
Held by institutions
97%
of shares
Held by insiders
8.7%
of shares
Employees
336
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +41.4%

$41.18 on October 31, 2025 to $58.21

ThenNowEffect
Revenue (last 12 months) $560m $706m +26.1%
Net margin 11.5% 15.5% +34.8%
P/E multiple 38.2x 32.1x −15.9%
Share count 60m 60m −1.1%

Biggest factor: net margin.

Last 3 years +101.2%

$28.93 on November 3, 2023 to $58.21

ThenNowEffect
Revenue (last 12 months) $465m $706m +51.7%
Net margin 6.3% 15.5% +147.6%
P/E multiple 56.9x 32.1x −43.6%
Share count 57m 60m −5.0%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 20222023202420252026 to date
Return
COCO+24%+86%+44%+44%+10%
Industry peers (median)−6%−4%−13%−37%−15%
S&P 500−18%+26%+25%+18%+11%
Months that ended higher
COCO58%67%58%58%46%
S&P 50042%67%75%75%46%
Largest fall from a high during the year
COCO−48%−27%−25%−33%−40%
S&P 500−25%−10%−8%−19%−9%

Worst fall since October 21, 2021: 57% from November 15, 2021 to March 14, 2022. Getting back needed a 132% gain, reached on March 9, 2023, 360 days after the low.

Price behaviour

52-week range
$39.88 – $84.02
From 52-week high
−30.7%
vs 50-day average
+1.5%
vs 200-day average
−5.8%
Volatility (1 year)
56%
Beta vs S&P 500
0.61

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±10.2%
After a week
6 up, 6 down
typical move ±11.2%
After a month
7 up, 4 down
typical move ±16.1%
Results releasedNext dayS&P 500 next day5 days21 days
October 22, 2026 −11.0% −1.7% −11.4% —
July 23, 2026 −11.4% −1.1% −10.1% −14.9%
April 29, 2026 +27.8% +1.0% +32.9% +45.5%
February 18, 2026 −8.4% +0.2% −2.6% −4.5%
October 29, 2025 +0.9% −1.1% −1.1% +26.4%
July 30, 2025 −4.1% −0.5% −11.8% −4.2%
April 30, 2025 +6.1% +0.7% +12.5% +12.8%
February 26, 2025 −15.6% −1.5% −13.4% −21.6%
October 30, 2024 −3.8% −2.3% +15.1% +15.5%
July 31, 2024 +7.8% +0.2% +2.8% +2.6%
May 1, 2024 +9.2% +0.6% +8.3% +20.1%
February 28, 2024 +16.4% +0.2% +12.8% +8.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Vita Coco Company, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Vita Coco Company, Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Vita Coco Company, Inc.
$400M $500M $600M $700M $800M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $493.6M Revenue (TTM), FY24 Q1: $495.6M Revenue (TTM), FY24 Q2: $500M Revenue (TTM), FY24 Q3: $494.9M Revenue (TTM), FY24 Q4: $516M Revenue (TTM), FY25 Q1: $535.2M Revenue (TTM), FY25 Q2: $559.9M Revenue (TTM), FY25 Q3: $609.3M Revenue (TTM), FY25 Q4: $609.8M Revenue (TTM), FY26 Q1: $658.6M Revenue (TTM), FY26 Q2: $706M Revenue (TTM), FY26 Q3: $767.5M $767.5M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $493.6M
FY24 Q1 $495.6M
FY24 Q2 $500M
FY24 Q3 $494.9M
FY24 Q4 $516M
FY25 Q1 $535.2M
FY25 Q2 $559.9M
FY25 Q3 $609.3M
FY25 Q4 $609.8M
FY26 Q1 $658.6M
FY26 Q2 $706M
FY26 Q3 $767.5M
Revenue growth, TTM YoY Vita Coco Company, Inc.
0% 10% 20% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 15.4% Revenue growth, TTM YoY, FY24 Q1: 12.3% Revenue growth, TTM YoY, FY24 Q2: 7.4% Revenue growth, TTM YoY, FY24 Q3: 3.2% Revenue growth, TTM YoY, FY24 Q4: 4.5% Revenue growth, TTM YoY, FY25 Q1: 8.0% Revenue growth, TTM YoY, FY25 Q2: 12.0% Revenue growth, TTM YoY, FY25 Q3: 23.1% Revenue growth, TTM YoY, FY25 Q4: 18.2% Revenue growth, TTM YoY, FY26 Q1: 23.1% Revenue growth, TTM YoY, FY26 Q2: 26.1% Revenue growth, TTM YoY, FY26 Q3: 26.0% 26.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 15.4%
FY24 Q1 12.3%
FY24 Q2 7.4%
FY24 Q3 3.2%
FY24 Q4 4.5%
FY25 Q1 8.0%
FY25 Q2 12.0%
FY25 Q3 23.1%
FY25 Q4 18.2%
FY26 Q1 23.1%
FY26 Q2 26.1%
FY26 Q3 26.0%
Operating margin (TTM) Vita Coco Company, Inc.
10% 15% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 11.4% Operating margin (TTM), FY24 Q1: 13.9% Operating margin (TTM), FY24 Q2: 15.6% Operating margin (TTM), FY24 Q3: 15.1% Operating margin (TTM), FY24 Q4: 14.3% Operating margin (TTM), FY25 Q1: 13.9% Operating margin (TTM), FY25 Q2: 12.4% Operating margin (TTM), FY25 Q3: 12.6% Operating margin (TTM), FY25 Q4: 13.5% Operating margin (TTM), FY26 Q1: 14.7% Operating margin (TTM), FY26 Q2: 19.1% Operating margin (TTM), FY26 Q3: 19.9% 19.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 11.4%
FY24 Q1 13.9%
FY24 Q2 15.6%
FY24 Q3 15.1%
FY24 Q4 14.3%
FY25 Q1 13.9%
FY25 Q2 12.4%
FY25 Q3 12.6%
FY25 Q4 13.5%
FY26 Q1 14.7%
FY26 Q2 19.1%
FY26 Q3 19.9%
FCF margin (TTM) Vita Coco Company, Inc.
0% 10% 20% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 21.6% FCF margin (TTM), FY24 Q1: 19.6% FCF margin (TTM), FY24 Q2: 21.4% FCF margin (TTM), FY24 Q3: 14.6% FCF margin (TTM), FY24 Q4: 8.1% FCF margin (TTM), FY25 Q1: 6.0% FCF margin (TTM), FY25 Q2: 4.7% FCF margin (TTM), FY25 Q3: 8.7% FCF margin (TTM), FY25 Q4: 6.4% FCF margin (TTM), FY26 Q1: 9.8% FCF margin (TTM), FY26 Q2: 17.6% FCF margin (TTM), FY26 Q3: 18.8% 18.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 21.6%
FY24 Q1 19.6%
FY24 Q2 21.4%
FY24 Q3 14.6%
FY24 Q4 8.1%
FY25 Q1 6.0%
FY25 Q2 4.7%
FY25 Q3 8.7%
FY25 Q4 6.4%
FY26 Q1 9.8%
FY26 Q2 17.6%
FY26 Q3 18.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Vita Coco took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $610M
  2. Other income $10.4M · 1.7%
  3. Cost of revenue $387M · 63.5%
  4. Gross profit $223M · 36.5%
  5. Selling, general and admin $140M · 23.0%
  6. Operating income $82.5M · 13.5%
  7. Income tax $21.7M · 3.6%
  8. Net income $71.3M · 11.7%

Shares of revenue. Source: Vita Coco's 10-K for FY2025, as filed with the SEC. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 284 311 380 428 494 516 610 768
Gross profit 93 105 113 103 181 199 223 314
EBITDA 15 49 27 5 57 75 84 155
Operating income 13 47 25 3 56 74 83 152
Net income 9 33 19 8 47 56 71 120
Diluted EPS $0.16 $0.56 $0.35 $0.14 $0.79 $0.94 $1.19 $1.99
Growth (year on year)
Revenue — +9.4% +22.2% +12.7% +15.4% +4.5% +18.2% +26.0%
EBITDA — +217.0% −45.6% −81.4% — +30.5% +12.1% +100.4%
Operating income — +250.4% −47.5% −87.6% — +30.7% +11.8% +98.9%
Net income — +246.8% −41.8% −58.9% — +20.0% +27.5% +74.2%
Diluted EPS — +250.0% −37.5% −60.0% — +19.0% +26.6% +72.0%
Margins
Gross margin 32.7% 33.8% 29.8% 24.2% 36.6% 38.5% 36.5% 41.0%
EBITDA margin 5.4% 15.8% 7.0% 1.2% 11.6% 14.5% 13.7% 20.2%
Operating margin 4.7% 15.1% 6.5% 0.7% 11.4% 14.3% 13.5% 19.9%
Net margin 3.3% 10.5% 5.0% 1.8% 9.4% 10.8% 11.7% 15.7%
Free-cash-flow margin 7.3% 10.6% −4.4% −2.8% 21.6% 8.1% 6.4% 18.8%
Cash flow
Cash from operations 22 33 −16 −11 107 43 47 148
Capital spending 1 0 1 1 1 1 8 4
Free cash flow 21 33 −17 −12 107 42 39 144
Stock-based pay 2 2 3 7 9 9 11 14
Free cash flow after stock pay 19 31 −20 −19 97 33 28 130
Balance sheet
Cash 37 72 29 20 133 165 197 152
Total debt 0 25 0 0 0 0 0 —
Net debt (negative = net cash) −37 −47 −29 −20 −133 −165 −197 −152
Diluted shares 57m 59m 54m 56m 59m 59m 60m 61m
Returned to shareholders
Buybacks 0 7 50 0 1 12 11 63
Total returned 0 7 50 0 1 12 11 63

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · September 30, 2026
What it owns · $696m
Short-term assets $434mLonger-term assets $262m
What it owes, and who funded it · $696m
Short-term liabilities $175mLonger-term liabilities $92mShareholders' equity $429m
  • Short-term assets cover short-term liabilities $434m of assets due within a year against $175m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $434m short-term assets against $92m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Vita Coco Company, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$63.5M
Returned to shareholders
44%
of free cash flow
Buybacks, last 3 fiscal years
$24.1M
Diluted share count
+1.2%
year over year
Total shareholder yield
1.9%
dividends 0.0% + buybacks 1.9% of market value
Sales & admin spending
21.1%
of revenue
Days sales outstanding
61 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in beverages
Last 12 months unless stated COCO SNDL FIZZ MGPI WEST BRCC Median
Revenue, last 12 months $768m $678m $1.2bn $487m $1.3bn $437m $723m
Revenue growth, last 12 months 26.0% 0.8% −1.8% −15.9% 38.6% 11.7% 6.6%
Revenue growth, 3-year average 17.0% — 0.0% −15.7% 13.8% 5.7% 4.3%
Revenue growth, latest quarter 33.7% — 0.0% −9.9% 8.8% 7.3% 6.4%
Gross margin 41.0% 27.3% 36.2% 34.7% 12.5% 34.1% 42.6%
Operating margin 19.9% −0.7% 18.4% −57.2% −1.2% −2.8% −0.9%
Operating margin, 3-year average 15.9% — 19.0% −11.8% −3.7% −3.1% 11.9%
Net margin 15.7% −1.7% 14.8% −51.4% −4.9% −1.5% −1.6%
Cash from operations / revenue 19.3% 7.5% 15.8% 4.2% 1.9% 0.4% 9.9%
Free-cash-flow margin 18.8% 6.1% 13.7% 0.1% −1.2% −0.1% 9.0%
Free-cash-flow margin, 3-year average 14.0% — 13.7% 5.5% −15.8% 0.4% 8.8%
Stock pay / revenue 1.8% 1.5% 0.0% 1.1% 0.7% 2.5% 1.2%
Change in share count 1.2% −2.3% −0.0% −0.2% 4.1% 26.2% 0.0%

Median of all 26 companies we cover in beverages. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

26 beverages companies
Measure Company Peer median Rank
Revenue growth Growth 26.0% 6.9% 7 of 26
Change in growth rate Growth -0.1pp +0.6pp 16 of 26
Gross margin Profitability 41.0% 44.2% 14 of 26
Operating margin Profitability 19.9% -0.7% 5 of 26
Net margin Profitability 15.7% -1.5% 4 of 26
Free-cash-flow margin Cash generation 18.8% 9.6% 6 of 24
Stock pay as % of revenue Cash generation 1.8% 1.2% 16 of 23
Long-term debt as % of assets Balance sheet 0.0% 12.9% 1 of 18
Change in share count Balance sheet 1.2% 0.0% 13 of 19
Days sales outstanding Balance sheet 61 days 33 days 16 of 21

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Americas $509M 83.4% ▲ 15.0%
International $101M 16.6% ▲ 37.1%
Products and services
Line of business Revenue Share YoY
Vita Coco Coconut Water $496M 81.4% ▲ 26.1%
Private Label $88.7M 14.5% ▼ 18.8%
Other $24.8M 4.1% ▲ 88.4%
Geography
Region Revenue Share YoY
United States $471M 77.3% ▲ 13.8%
All Other Countries $71.5M 11.7% ▲ 47.8%
United Kingdom $66.7M 10.9% ▲ 25.3%

From Vita Coco Company, Inc.'s 10-K filed February 18, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$3.3B
Institutions reporting
338
Shares held vs prior quarter
▼ 1.4%
Positions opened / closed
105 / 37

Top buyers and sellers, Q2 2026: 207 institutions bought and 131 sold ; the biggest buyer was Congress Asset Management Co (+1.2M shares) and the biggest seller FMR LLC (−1.5M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $464M 7.0M 14.2% ▲ 3.4%
FMR LLC $213M 3.2M 6.5% ▼ 32.4%
Wasatch Advisors LP $149M 2.3M 4.6% ▼ 38.6%
Vanguard Capital Management LLC $139M 2.1M 4.2% ▲ 0.1%
State Street Corp $122M 1.8M 3.7% ▲ 6.9%
Wellington Management Group LLP $122M 1.8M 3.7% ▼ 21.0%
Driehaus Capital Management LLC $99.4M 1.5M 3.0% ▼ 1.3%
Geode Capital Management, LLC $91.3M 1.4M 2.8% ▲ 6.5%
Vanguard Portfolio Management LLC $82.3M 1.2M 2.5% ▲ 10.9%
Congress Asset Management Co $79.8M 1.2M 2.4% New
Ameriprise Financial Inc $75.8M 1.1M 2.3% ▼ 20.6%
Westfield Capital Management Co LP $75.3M 1.1M 2.3% ▼ 1.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Vita Coco Company, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 6 trades and filings

In the last 12 months, 1 member of Congress disclosed 3 purchases and 1 sale of Vita Coco Company, Inc. shares.

  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded September 17, 2026, filed October 12, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded July 10, 2026, filed September 4, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded March 3, 2026, filed April 7, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 21, 2027 estimated from the company's past filing pattern, not announced

  • October 22, 2026
  • July 23, 2026
  • April 29, 2026
  • February 18, 2026
  • October 29, 2025
  • July 30, 2025

Recent SEC filings

Data status

When each part of this page on Vita Coco Company, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Vita Coco Company, Inc. in brief

What does Vita Coco Company, Inc. do?
Vita Coco Company, Inc. is a US-listed company in the beverages industry. Its financial year ends in December.
What is Vita Coco Company, Inc.'s stock ticker?
Vita Coco Company, Inc. trades under the ticker COCO on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Vita Coco Company, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Vita Coco Company, Inc. reported revenue of $768M, 26.0% higher than a year earlier, according to its SEC filings.
What is Vita Coco Company, Inc.'s free cash flow?
Vita Coco Company, Inc.'s free-cash-flow margin is 18.8% of revenue over the trailing twelve months, ranking 6 of the 24 beverages companies we cover.
What is Vita Coco Company, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Vita Coco Company, Inc.'s free cash flow after stock-based pay gives ~$81 per share in the base case, and ~$63–$110 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Vita Coco Company, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., FMR LLC and Wasatch Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Vita Coco Company, Inc. buying back stock, and does it pay a dividend?
Vita Coco Company, Inc. spent $63.5M on share repurchases over the trailing twelve months, and its diluted share count still rose 1.2% over the year.
What is Vita Coco Company, Inc.'s market cap?
On November 2, 2026, Vita Coco Company, Inc.'s market capitalisation was about $3.5B, with a price-to-earnings ratio of 29.3 and net debt of -$152M. Market figures come from third-party market data and may be delayed.
Who are Vita Coco Company, Inc.'s competitors?
In our Beverages peer group, the companies closest to Vita Coco Company, Inc. are Sndl Inc., National Beverage Corp, MGP Ingredients Inc, Westrock Coffee Co and BRC Inc. The side-by-side comparison below sets their revenue, margins and growth against Vita Coco Company, Inc.'s.
When is Vita Coco Company, Inc.'s next earnings date?
Around January 21, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Vita Coco Company, Inc. announces its own schedule.