Vita Coco (COCO) Q2 2026: EPS Beats by 50% as Margins Surge to 48.7%
As seen on the 24/7 Wall St. homepage on July 23, 2026.
Vita Coco torched Q2 expectations with a 50% EPS beat while gross margins exploded to 48.7% from 36.3% a year ago, buoyed by tariff refunds and strong volume gains that drove international case volumes up 62%. Management raised full-year net sales guidance to $790M–$805M and boosted Adjusted EBITDA guidance to $154M–$161M.
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Vita Coco delivered a standout second quarter, reporting earnings per share of $0.82 against a consensus estimate of roughly $0.55 — a beat of about 50%. Revenue came in at $216.2 million, also clearing the $209.7 million estimate, though the bigger story was what happened inside the income statement. Gross margins expanded dramatically to 48.7% from 36.3% in the same quarter a year ago, a swing that management attributed to tariff refunds and meaningful volume gains.
The volume picture was particularly striking on the international side, where case volumes jumped 62% year over year. That kind of growth rate signals that demand for Vita Coco products is accelerating well beyond its domestic base. The company has now beaten EPS estimates in seven of the last eight reported quarters, with the lone miss coming in Q4 2025 when it reported $0.09 against a $0.13 estimate.
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With the strong quarter in hand, management raised its full-year outlook. Net sales guidance was lifted to a range of $790 million to $805 million, and Adjusted EBITDA guidance moved up to $154 million to $161 million. Investors will be watching whether the tariff-related tailwinds that helped inflate margins in Q2 prove durable or begin to fade in the back half of the fiscal year.
Mentioned: COCO