Vita Coco Q2 FY26 net income climbs 116% to USD 49 million; net sales rise 28% to USD 216 million

Reuters2026/07/23 11:08

By:Reuters

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The Vita Coco Company posted Q2 net sales of $216 million, up 28% year over year; gross margin widened 12.4 percentage points to 48.7%.
Net income rose to $49 million; diluted EPS climbed to $0.82.
Non-GAAP adjusted EBITDA increased to $67 million from $29 million.
Management cited tariff refunds as a 700-basis-point Q2 gross-margin tailwind; shipment growth also reflected higher pricing and lower ocean freight.
Raised FY2026 net sales view to $790 million-$805 million; lifted adjusted EBITDA outlook to $154 million-$161 million, including Copra.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Vita Coco Company Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607230700PRIMZONEFULLFEED9766944) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Vita Coco Q2 FY26 net income climbs 116% to USD 49 million; net sales rise 28% to USD 216 million

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