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EarningsQ2 2026 Earnings Report
COCO Q2 2026 EPS Results
Actual EPS$0.82
Consensus EPS$0.56
Beat/MissBeat by +$0.26
One Year Ago EPS$0.38
COCO Q2 2026 Revenue Results
Actual Revenue$216.15M
Expected Revenue$210.64M
Beat/MissBeat by +$5.51M
YoY Revenue Growth+28.08%
Earnings Announcement Details
QuarterQ2 2026
Date07/23/2026
TimeBefore Open
Conference CallThursday, July 23, 2026
COCO Upcoming Earnings
Vita Coco Company's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
COCO Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed robust commercial and financial performance: strong revenue growth, materially improved margins, expanded EBITDA and earnings, healthy cash and no debt, and a strategic acquisition (Copra) to access the super-premium segment. Offsetting risks include rising input and freight costs, supply disruption from a Philippines earthquake (~1% production impact), near-term capacity constraints (running close to ~95%), and incremental SG&A / integration conservatism that will pressure H2 margins. Management raised full-year guidance and retains a confident long-term view, but near-term inflation and mix effects moderate upside.Company Guidance
Strong Top-Line Growth
Q2 net sales rose 28% year-over-year (+$47M) to $216M, driven by Vita Coco Coconut Water growth of 21% and private label growth of 83%.
Outstanding International Momentum
International net sales increased 63% in Q2; Vita Coco Coconut Water net sales up 60% and private label up 82% internationally.
Material Margin and Profit Improvement
Consolidated gross margin improved to 49% in Q2 (vs. 36% prior year), a ~1,200 bps increase; gross profit was $105M, up $44M year-over-year.
Significant EBITDA and EPS Upside
Adjusted EBITDA rose to $67M (31% of net sales) from $29M (17% prior year). Net income attributable to shareholders was $49M ($0.82 diluted) vs $23M ($0.38) prior year.
Strong Retail Scan and Category Trends
Year-to-date retail dollar growth for coconut water: U.S. +29% and measured European markets +65%; Vita Coco branded retail dollars +29% U.S. and +57% Europe.
Strategic Acquisition of Copra
Acquired Copra (initial consideration ~$175M: ~80% cash/20% stock) with projected 2026 net sales >$100M; expects accretion to adjusted EBITDA post-integration and ~$11M planned CapEx to expand extraction capacity.
Raised Full-Year Guidance
Updated FY2026 guidance: net sales $790M–$805M, gross margin ~40%, adjusted EBITDA $154M–$161M; expects branded coconut water growth high-teens to 20% and U.S. private label growth 90%–100% (includes Copra).
Healthy Balance Sheet and Cash Generation
Cash on hand $279M with no revolver debt; year-to-date cash generation $82M; share repurchases $20M YTD and board increased buyback authorization by $40M.
COCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed