Quarterly ResultJul 23, 2026, 08:22 AM
Vita Coco Q2 Net Sales $216.15M, Net Income $49.45M
AI Summary
Vita Coco Company reported strong financial results for the second quarter and first half of 2026. Net sales for Q2 increased by 28.1% to $216.15 million, while net income surged by 116% to $49.45 million. The company also benefited from $15.6 million in tariff refunds, which reduced its cost of goods sold. Cash and cash equivalents significantly increased, reflecting robust operating cash flow.
Key Highlights
- Q2 2026 Net Sales reached $216.15 million, a 28.1% increase year-over-year.
- Q2 2026 Net Income was $49.45 million, up 116% compared to Q2 2025.
- Basic Earnings Per Share for Q2 2026 was $0.86, compared to $0.40 in Q2 2025.
- First half 2026 Net Sales totaled $395.92 million, a 32.1% increase from H1 2025.
- First half 2026 Net Income was $79.93 million, up 91.3% from H1 2025.
- The company received $15.6 million in tariff refunds, reducing cost of goods sold.
- Net cash provided by operating activities for H1 2026 was $96.53 million.
- Cash and cash equivalents increased to $278.64 million as of June 30, 2026.
Price Impact
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