Vita Coco (NASDAQ:COCO) Releases Quarterly Earnings Results, Beats Expectations By $0.16 EPS

Key Points

• Vita Coco beat Q1 expectations with EPS of $0.50 versus $0.34 consensus and revenue of about $180M (up ~37% YoY), and management raised FY‑2026 guidance to $720–$735M in net sales with adjusted EBITDA of $132–$138M.
• Profitability and the balance sheet improved as Q1 gross margin widened to 40%, adjusted EBITDA was $39M (~22% of sales), and the company holds $202M cash with no debt while executing share repurchases.
• Risks include inflationary cost pressures and promotional/timing effects that may pressure H2 shipments and margins, plus a potential legal/PR overhang from a law‑firm investigation and notable insider stock sales (under 10b5‑1 plans).

Vita Coco (NASDAQ:COCO - Get Free Report) announced its earnings results on Wednesday. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.16, FiscalAI reports. Vita Coco had a return on equity of 23.19% and a net margin of 11.70%.The company had revenue of $179.77 million during the quarter, compared to the consensus estimate of $147.39 million. During the same period last year, the firm earned $0.31 earnings per share. The company's revenue was up 37.4% on a year-over-year basis.

Here are the key takeaways from Vita Coco's conference call:

• Q1 results beat expectations — net sales rose 37% to $180M, Vita Coco Coconut Water sales were up 42%, adjusted EBITDA was $39M (22% of sales), and management raised FY26 guidance to $720–$735M in net sales with adjusted EBITDA of $132–$138M.
• International and private‑label momentum is strong — international net sales jumped 72% with Europe retail dollars up ~57%, and the company expects U.S. private‑label growth of roughly 35–40% as it regains account share.
• Profitability and balance sheet strength improved — Q1 gross margin widened to 40% (≈+320 bps), the company holds $202M cash with no debt, and management has executed share repurchases year‑to‑date.
• Risks to margin and cadence remain — management flagged inflationary cost pressures (packaging, energy, domestic logistics and fuel surcharges tied to recent Middle East events), promotional/timing effects (pull‑forward club promo and Walmart resets) that may slow H2 shipments, and the possibility of future price actions if inflation persists.

Vita Coco Stock Performance

Shares of COCO stock opened at $66.95 on Thursday. The stock has a market capitalization of $3.81 billion, a price-to-earnings ratio of 56.74, a PEG ratio of 1.62 and a beta of 0.47. Vita Coco has a one year low of $30.54 and a one year high of $67.21. The company's 50-day simple moving average is $52.42 and its 200-day simple moving average is $51.09.

Insider Activity at Vita Coco

In other Vita Coco news, Director Kenneth Sadowsky sold 3,900 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $48.93, for a total transaction of $190,827.00. Following the sale, the director owned 586,566 shares in the company, valued at $28,700,674.38. This represents a 0.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Martin Roper sold 25,000 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $50.00, for a total value of $1,250,000.00. Following the transaction, the chief executive officer directly owned 298,484 shares in the company, valued at approximately $14,924,200. This represents a 7.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 347,256 shares of company stock valued at $18,533,976 over the last three months. 34.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Vita Coco

Several large investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd increased its stake in Vita Coco by 2,636.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 520 shares of the company's stock valued at $28,000 after purchasing an additional 501 shares during the last quarter. Quarry LP lifted its position in shares of Vita Coco by 12,633.3% in the 3rd quarter. Quarry LP now owns 764 shares of the company's stock worth $32,000 after buying an additional 758 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Vita Coco by 5,376.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company's stock valued at $49,000 after buying an additional 1,344 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Vita Coco by 113.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,641 shares of the company's stock valued at $168,000 after buying an additional 2,465 shares during the period. Finally, FourThought Financial Partners LLC bought a new stake in shares of Vita Coco during the 3rd quarter valued at about $201,000. 88.49% of the stock is currently owned by institutional investors.

Vita Coco News Roundup

Here are the key news stories impacting Vita Coco this week:

• Positive Sentiment: Q1 results materially beat Street estimates — EPS $0.50 vs. ~$0.34 estimate and net sales of roughly $180M, up ~37% year‑over‑year, driving the immediate rally. The Vita Coco Company Reports Strong First Quarter 2026 Financial Results and Raises Full Year Guidance
• Positive Sentiment: Company raised FY‑2026 revenue and adjusted EBITDA guidance (revenue $720M–$735M vs. consensus ~ $697M; adj. EBITDA $132M–$138M), signaling stronger-than-expected forward growth. The Vita Coco Company Reports Strong First Quarter 2026 Financial Results and Raises Full Year Guidance
• Positive Sentiment: Profitability improved (net income rose to ~$30M; non‑GAAP adjusted EBITDA up ~$16M to $39M; net margin and ROE expanded), suggesting operating leverage as volumes recover. The Vita Coco Company Reports Strong First Quarter 2026 Financial Results and Raises Full Year Guidance
• Positive Sentiment: Pre‑market and market commentary highlighted the beat and rising demand for coconut water, pushing shares toward record highs and drawing analyst attention. Vita Coco Shares Rise Premarket as 1Q Sales Top Views
• Neutral Sentiment: CEO Martin Roper sold multiple blocks of shares under a pre‑arranged 10b5‑1 plan; common for insiders after strong run but worth noting as background liquidity. SEC Form 4 — Martin Roper
• Neutral Sentiment: Company hosted a conference call and published a slide deck with supplemental detail — useful for investors who want to verify sustainability of the margin and revenue drivers. Q1 2026 Press Release / Slide Deck
• Negative Sentiment: An investor‑protection law firm (Pomerantz) issued an alert investigating claims — this creates potential legal/PR overhang even as fundamentals look strong. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Vita Coco Company, Inc.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on COCO. Evercore reissued an "outperform" rating and issued a $70.00 price target on shares of Vita Coco in a report on Thursday, March 12th. Wall Street Zen downgraded Vita Coco from a "hold" rating to a "sell" rating in a report on Saturday, April 4th. Piper Sandler reaffirmed an "overweight" rating and issued a $70.00 target price on shares of Vita Coco in a research report on Wednesday. Weiss Ratings reiterated a "buy (b-)" rating on shares of Vita Coco in a research note on Friday, March 27th. Finally, Morgan Stanley raised their price target on shares of Vita Coco from $49.00 to $57.00 and gave the stock an "equal weight" rating in a research report on Monday, February 23rd. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $61.00.

Vita Coco Company Profile

Vita Coco, Inc NASDAQ: COCO is a global beverage company specializing in coconut-based products. Founded in 2004 by Michael Kirban and Ira Liran, the company pioneered the introduction of refrigerated coconut water to U.S. consumers. Headquartered in New York City, Vita Coco sources coconuts from growers in tropical regions such as the Philippines, Indonesia and Brazil, partnering with local farmers to promote sustainable agriculture and community development.

The company's flagship offering, Vita Coco Original Coconut Water, is available in multiple pack sizes and a variety of flavors.