Quarterly ResultJul 23, 2026, 07:03 AM
Vita Coco Q2 Net Sales $216M, Adj. EBITDA $67M; Raises FY26 Guidance
AI Summary
The Vita Coco Company reported strong second quarter 2026 financial results, with net sales increasing 28% to $216 million and Non-GAAP Adjusted EBITDA rising 131% to $67 million. Driven by robust performance, the company raised its full-year 2026 guidance for net sales to $790-$805 million and Adjusted EBITDA to $154-$161 million. Additionally, Vita Coco recently acquired Copra, Inc., a producer of super-premium Thai Nam Hom coconut water.
Key Highlights
- Q2 Net Sales increased 28% to $216 million.
- Q2 Non-GAAP Adjusted EBITDA rose 131% to $67 million.
- Q2 Net Income grew to $49 million from $23 million.
- Raised FY26 Net Sales guidance to $790-$805 million.
- Raised FY26 Adjusted EBITDA guidance to $154-$161 million.
- Acquired Copra, Inc., a producer of super-premium Thai Nam Hom coconut water.
- Repurchased $44 million of common stock; authorized an additional $40 million.
- Ended Q2 with $279 million in cash and no debt.
Price Impact
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