Vita Coco Q3 sales rise, beat analyst estimates
COCO•
COCO•Vita Coco's Q3 net sales rose 34% year over year to $244 million, beating the $230.1 million analyst estimate, while net income increased to $35 million from $24 million. The company raised its 2026 net sales outlook to $810 million-$820 million and adjusted EBITDA outlook to $170 million-$175 million.
Vita Coco reported Q3 net sales of $244 million, up 34% year over year and above the $230.1 million analyst estimate. Net income rose to $35 million from $24 million a year earlier, and gross margin was 38%.
The company raised its full-year 2026 net sales guidance to $810 million-$820 million and adjusted EBITDA guidance to $170 million-$175 million. Vita Coco cited private label shipments, the addition of Copra and strong coconut water category growth, especially in Europe and America, as Q3 sales drivers. Lower tariffs compared with the prior year benefited gross profit, partly offset by higher logistics costs.