Quarterly ResultJul 23, 2026, 07:21 AM
Vita Coco Q2 Net Sales $216M, +28%; Raises FY Guidance
AI Summary
Vita Coco Company reported strong second-quarter 2026 financial results, with net sales increasing 28% to $216 million and net income rising to $49 million. The company also significantly raised its full-year 2026 guidance for both net sales and Adjusted EBITDA, reflecting continued brand strength and private label growth. Additionally, Vita Coco announced the acquisition of Copra, Inc., a producer of super-premium Thai Nam Hom coconut water, and an increase in its share repurchase authorization to $105 million.
Key Highlights
- Q2 2026 Net Sales increased 28% to $216 million.
- Q2 2026 Net Income rose to $49 million, up $27 million.
- Q2 2026 Adjusted EBITDA grew to $67 million, up $38 million.
- Full-year 2026 Net Sales guidance raised to $790M-$805M.
- Full-year 2026 Adjusted EBITDA guidance raised to $154M-$161M.
- Acquired Copra, Inc., a super-premium coconut water producer.
- Board approved additional $40 million for share repurchase program.
- Ended Q2 with strong cash position of $279 million.
Price Impact
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