COCONasdaqBeveragesUS GAAP · USD

Vita Coco Company, Inc.

Vita Coco Company, Inc. is a U.S.-based beverage company built around coconut water and other plant-based drinks. It sells branded products under Vita Coco and PWR LIFT, supplies private label coconut water and coconut oil to retailers, and distributes through retail, e-commerce, food service, and on-premise channels across North America, Europe, and other international markets.

Revenue610m USD
+18.2 %y/y
Operating profit (EBIT)82.5m USD
+11.8 %y/y
EBIT margin13.5%
−0.8 ppy/y
Net income71.3m USD
+27.5 %y/y
Free cash flow39.0m USD
−6.9 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

0200400600800m USD2020: 311 m USD2020: EBIT 47 m USD20202021: 380 m USD2021: EBIT 25 m USD20212022: 428 m USD2022: EBIT 3.1 m USD20222023: 494 m USD2023: EBIT 56 m USD20232024: 516 m USD2024: EBIT 74 m USD20242025: 610 m USD2025: EBIT 83 m USD202561083
RevenueOperating profit (EBIT)

Business

Share of revenue
Branded coconut water70 %

Packaged coconut water sold under the Vita Coco brand in retail and foodservice channels.

Private label20 %

Coconut water and coconut oil produced for retailer-owned brands and key retail partners.

Other branded beverages8 %

Coconut milk, Vita Coco Treats, PWR LIFT, and other branded extensions.

Bulk and other revenue2 %

Bulk product sales and other non-core beverage transactions.

Products

Reported · share of revenue
81.4%14.5%FY2025100 %
  • Vita Coco Coconut Water81.4 %
  • Private Label14.5 %
  • Other4.1 %

Source: 10-K FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

Vita Coco sells to mass retail, club, food, drug, convenience, e-commerce, and food service customers that stock packaged beverages for consumer resale or on-premise use. It also serves private label retail partners and beverage or food companies that buy coconut water, coconut oil, or bulk product volumes for their own brands or operations.

Retail consumers via branded channels

Households buying Vita Coco, Vita Coco Treats, and PWR LIFT for hydration, taste, and functional benefits.

Retailers and club stores

Large-format and grocery customers that stock branded coconut water and other beverages for resale.

Private label retail partners

Retailers that source coconut water and coconut oil under their own store brands.

Food service and on-premise accounts

Corporate offices, fitness clubs, airports, and schools buying packaged beverages for immediate consumption.

Beverage and food companies

Customers purchasing bulk product for ingredient use or other commercial applications.

Strategy

Vita Coco’s strategy centers on extending its coconut water franchise, expanding adjacent beverage lines, and using its brand and distribution reach to build a broader functional beverage platform. It also emphasizes product innovation, retail execution, and an asset-light supply chain that can support multiple markets and private label relationships.

Expand branded product innovationMedium term

New flavors and formats help the company capture more beverage occasions and defend shelf space.

Strengthen retail and e-commerce executionShort term

Broad distribution is essential in beverage categories where availability and convenience drive repeat purchase.

Use private label as a strategic channelMedium term

Private label supports scale, retailer relationships, and factory utilization alongside branded sales.

Preserve supply flexibility through an asset-light networkLong term

Third-party factories and co-packers allow the company to adjust sourcing and packaging across markets.

Geography

2025

The company operates through two reporting segments: the Americas, centered on the U.S. and Canada, and International, which covers Europe, the Middle East, and Asia Pacific. Vita Coco products are sold in more than 35 countries, with primary markets in North America, the United Kingdom, and Germany, while private label is concentrated in North America and Europe.

United States77 %
Other countries (US filing)12 %
United Kingdom11 %

Share of the revenue the company reports by geography.

Risks

The business is exposed to demand concentration in coconut water, so category slowdown or brand erosion would affect results. It also faces supply chain, international, tariff, and customer-credit risks because products are sourced globally and sold across multiple regions and channels.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Concentration in coconut water1Brand and reputation damage2Supply chain and shipping disruption3International customer and partner credit risk4Tariffs and import-related fees5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Concentration in coconut waterImpact: HighLikelihood: Medium

    A large share of revenue comes from coconut water, so category weakness would directly hit sales.

    Exposure: Core branded business

  2. Brand and reputation damageImpact: HighLikelihood: Medium

    Consumer beverage demand depends on trust, taste, quality, and shelf visibility.

    Exposure: Vita Coco and other brands

  3. Supply chain and shipping disruptionImpact: HighLikelihood: Medium

    The company relies on third-party factories, farmers, and co-packers across multiple countries.

    Exposure: Global sourcing network

  4. International customer and partner credit riskImpact: MediumLikelihood: Medium

    Private label and import relationships can expose the company to nonpayment or contract loss.

    Exposure: International sales

  5. Tariffs and import-related feesImpact: MediumLikelihood: Low

    Imported coconut water can become more expensive if trade barriers are imposed.

    Exposure: Asia and Brazil sourcing routes

Accounting

Judgemental items
Revenue recognition by product type

Branded products and private label use different timing, which affects quarterly comparability.

Impact: Private label revenue may be recognized before shipment

Impairment of discontinued brands

Assets tied to products no longer sold may require write-downs when future cash flows decline.

Impact: Runa assets were impaired

Inventory and purchase-order estimates

A beverage business with global sourcing must estimate demand, obsolescence, and fulfillment timing.

Impact: Can affect gross profit and working capital

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Vita Coco Company, Inc. (COCO) Revenue, Earnings & Financials 2025 – Clarifo