Business
The Vita Coco Company Reports Strong Third Quarter 2025 Financial Results and Raises Full Year Guidance
Net Sales Increased 37% to $182 million driven by Vita Coco Coconut Water growth of 42% Net Income Increased $5 million to $24 million and Non-GAAP Adjusted
About this update from The Vita Coco Company, Inc.
[{"type":"text","content":"Net Sales Increased 37% to $182 million driven by Vita Coco Coconut Water growth of 42% Net Income Increased $5 million to $24 million and Non-GAAP Adjusted EBITDA1 Increased $9 million to $32 million Company Raises Full Year Net Sales and Adjusted EBITDA Guidance NEW YORK, Oct. 29, 2025 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) (“Vita Coco” or “the Company”), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the third quarter ended September 30, 2025. Third Quarter and Year-to-Date 2025 Highlights Compared to Prior Year Period Net sales were $182 million an increase of 37% in the third quarter and $482 million year-to-date an increase of 24%.Vita Coco Coconut Water net sales grew 42% in the third quarter and 31% year-to-date.Gross profit was $69 million in the third quarter, an increase of $17 million, and $178 million year-to-date, an increase of $21 million.Gross margin was 38% of net sales in the third quarter compared to 39%, and 37% of net sales year-to-date compared to 41% of net sales.Net income was $24 million in the third quarter compared to $19 million, and $66 million year-to-date compared to $53 million.Net income per diluted share was $0.40 in the third quarter compared to $0.32, and $1.10 per diluted share year-to-date compared to $0.89.Non-GAAP Adjusted EBITDA1 was $32 million in the third quarter compared to $23 million. Non-GAAP Adjusted EBITDA1 was $84 million year-to-date, compared to $76 million. Michael Kirban, the Company’s Co-Founder and Executive Chairman, stated, “I am very proud of our team and our very strong third quarter performance. The coconut water category continues to be one of the fastest growing categories in the beverage aisle, with Vita Coco Coconut Water maintaining strong retail sales growth rates in the United States and our core international markets. We believe this growth is being fueled by our investment as the category leader in these focus markets, driving increased household penetration and new consumption occasions. I believe we are well positioned to continue to drive long term growth in 2026 and beyond.” Martin Roper, the Company’s Chief Executive Officer, said, “Our exceptionally strong shipment performance in the third quarter benefited from very strong demand for Vita Coco Coconut Water, and great exec...