Vita Coco Q2 sales rise 28% to $216 million; full-year guidance raised
Vita Coco reported second-quarter 2026 net sales of $216 million, up 28%, and net income of $49 million, or $0.82 per diluted share, compared with $23 million, or $0.38 per diluted share, a year earlier. The company raised its full-year 2026 net sales and Adjusted EBITDA guidance, and the filing states that the outlook includes the Copra, Inc. acquisition completed on July 22, 2026.
Key points
- Second-quarter gross margin was 49% versus 36%, with tariff refunds providing a 700 basis point benefit to gross margin in the quarter.
- Full-year 2026 net sales guidance is $790 million to $805 million, up from $720 million to $735 million; Adjusted EBITDA guidance is $154 million to $161 million, up from $132 million to $138 million.
- On July 21, 2026, the Board approved an additional $40 million share repurchase authorization, bringing the total to $105 million.
- The Company acquired Copra, Inc., a producer of super-premium Thai Nam Hom coconut water, on July 22, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.