AI Earnings Predictions for The Vita Coco Company Inc. (COCO)

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Exhibit 99.1

The Vita Coco Company Reports Second Quarter 2026 Financial Results and Raises Full Year Guidance

Net Sales were $216 million, an increase of 28%, driven by Vita Coco Coconut Water growth of 21%

Net Income Increased $27 million to $49 million and Non-GAAP Adjusted EBITDA1 Increased $38 million to $67 million

Raises Fiscal Year 2026 Guidance for Net Sales to between $790 million and $805 million and Adjusted EBITDA2 to between $154 million and $161 million

NEW YORK, NY – July 23, 2026 – 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 second quarter ended June 30, 2026.

Second Quarter and Year-to-Date 2026 Highlights Compared to Prior Year Period

•Net sales were $216 million, an increase of $47 million, or 28%, in the second quarter and $396 million year-to-date, an increase of $96 million, or 32%.

•Vita Coco Coconut Water net sales grew 21% in the second quarter and 29% year-to-date.

•Gross profit was $105 million in the second quarter, an increase of $44 million, and $177 million year-to-date, an increase of $68 million.

•Gross margin was 49% of net sales in the second quarter compared to 36%, and 45% of net sales year-to-date compared to 36%, with tariff refunds delivering a 700 basis point benefit to gross margin in the second quarter and 300 basis point benefit year-to-date.

•Net income was $49 million in the second quarter compared to $23 million, an increase of $27 million, and $80 million year-to-date compared to $42 million, an increase of $38 million.

•Net income per diluted share was $0.82 in the second quarter compared to $0.38, and $1.32 per diluted share year-to-date compared to $0.70.

•Non-GAAP Adjusted EBITDA1 was $67 million in the second quarter compared to $29 million, an increase of $38 million. Non-GAAP Adjusted EBITDA1 was $106 million year-to-date, compared to $52 million, an increase of $54 million.

Michael Kirban, the Company's Co-Founder and Executive Chairman, stated, "The coconut water category maintained very strong growth during the quarter, and continues to be one of the fastest growing beverage categories in our major markets. The growth is being generated by increases in both household penetration and in average consumption per household. I believe this growth is being driven by our investments in consumer education, emphasizing the fact that coconut water has 3.5 times the electrolytes of the leading sports drink while also offering an array of diverse usage and drinking occasions. I am very proud of our team's accomplishments and confident in our plans to maintain this growth and our category leadership well into the future. The global momentum in our category and our brand health and supply chain performance has me very excited for our long-term potential."

Martin Roper, the Company’s Chief Executive Officer, said, “Our healthy second quarter shipment performance was driven by robust branded retail growth in all our major markets, reflective of strong brand demand and by private label shipment strength mainly due to distribution gains. We are raising our full year Net Sales and Adjusted EBITDA guidance

based on expected continued brand strength in our major markets coupled with strong second half private label shipment trends, and slight underlying gross margin improvement versus prior guidance. While we still expect to see current cost pressures temporarily reduce gross margin for the balance of year, our strong underlying performance allows us to increase our investments in sales and marketing in the second half in order to maintain our momentum into 2027."

Second Quarter 2026 Consolidated Results

Net sales increased $47 million, or 28%, to $216 million for the second quarter ended June 30, 2026, compared to $169 million in the prior year period. The increase in net sales was driven by case equivalent ("CE") volume gains of 15% for Vita Coco Coconut Water and 78% for Private Label as well as improved net pricing due to last year's price increases and favorable promotional timing.

Gross profit increased to $105 million, from $61 million in the prior year period driven by the recognition of tariff refunds, higher sales, favorable pricing, alongside lower ocean freight and finished goods costs, partially offset by slightly higher domestic logistics costs. Gross margin was 49% compared to 36% in the prior year period. The increase resulted primarily from the tariff refunds, higher net pricing alongside lower ocean freight rates and finished goods costs, slightly offset by higher domestic transportation costs.

Selling, general and administrative ("SG&A") expenses were $42 million, compared to $36 million in the prior year period. The increase was primarily driven by higher people-related costs reflecting increased incentive compensation, headcount growth

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Exhibit 99.1

The Vita Coco Company Reports Strong First Quarter 2026 Financial Results and Raises Full Year Guidance

Net Sales were $180 million, up 37%, driven by Vita Coco Coconut Water growth of 42%

Net Income Increased $12 million to $30 million and Non-GAAP Adjusted EBITDA1 Increased $16 million to $39 million

Fiscal Year 2026 Guidance for Net Sales between $720 million and $735 million and Adjusted EBITDA2 between $132 million and $138 million

NEW YORK, NY – April 29, 2026 – 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 first quarter ended March 31, 2026.

First Quarter 2026 Highlights Compared to Prior Year Period

•Net sales were $180 million, an increase of $49 million or 37%.

•Vita Coco Coconut Water net sales grew 42%.

•Gross profit was $72 million, an increase of $24 million, and Gross margin was 40% of net sales compared to 37%.

•Net income was $30 million, an increase of $12 million, and Net income per diluted share was $0.50 compared to $0.31.

•Non-GAAP Adjusted EBITDA1 was $39 million, an increase of $16 million.

Michael Kirban, the Company's Co-Founder and Executive Chairman, stated, "I am very proud of our team and our exceptional start to 2026. The coconut water category continues to be one of the fastest growing beverage categories in both the United States and our core international markets, which we believe is due to consumers choosing coconut water for more of their hydration needs. I believe this growth is being largely driven by our investments as the category leader, resulting in increased household penetration and new consumption occasions for coconut water and for the Vita Coco brand. The global momentum in our category and our brand has me very excited for our long-term potential."

Martin Roper, the Company’s Chief Executive Officer, said, “Our healthy first quarter shipment performance was driven by very strong branded retail growth in all our major markets, reflective of solid underlying consumer demand and favorable promotional timing differences. Our improved pricing produced healthy gross margin and very strong adjusted EBITDA. Our increased full year guidance is based on expected continued brand strength in our major markets, with improving private label shipment trends. We expect significant adjusted EBITDA growth in 2026 due to our expected volume growth and gross margin improvement."

First Quarter 2026 Consolidated Results

Net sales increased $49 million, or 37%, to $180 million compared to $131 million in the prior year period. The increase in net sales was driven by case equivalent ("CE") volume gains of 32% for Vita Coco Coconut Water and 27% for Private Label as well as improved net pricing.

Gross profit increased to $72 million, from $48 million in the prior year period driven by increased sales, higher pricing and lower ocean freight rates, partially offset by higher finished goods and domestic logistics costs as well as tariff-related

costs associated with inventory sold during the period compared to the prior year period. Gross margin was 40% compared to 37% in the prior year period. The increase resulted from higher pricing and lower ocean freight rates, slightly offset by the impact of higher-cost inventory flowing through cost of goods sold.

Selling, general and administrative ("SG&A") expenses were $38 million, compared to $29 million in the prior year period. The increase was due to increased personnel expenses including performance-based stock compensation, investments in sales and marketing, and an increase in distributor related expenses.

Net income was $30 million, or $0.50 per diluted share, compared to net income of $19 million, or $0.31 per diluted share, in the prior year period. Net income benefited from higher gross profit, partially offset by higher SG&A spending and increased income tax expense.

Non-GAAP Adjusted EBITDA1 was $39 million, compared to $23 million in the prior year due to the increased gross profit partially offset by higher SG&A expenses.

Balance Sheet

As of March 31, 2026, the Company's financial position remained strong with no debt and $202 million in cash and cash equivalents, an increase from $197 million at the beginning of the year. Our inventory levels decreased to $86 million, down from $111 million as of December 31, 2025, due to strong shipments in the quarter. Accounts receivable increased to $121 million from $82 million as of prior year end, primarily reflecting growth in gross sales in 2026 and collection timing differences.

On October 30, 2023, the Company's Board of Directors (the "Board") approved a share repurchase program (the "Repurchase Program") authorizing the Company to repurchase up to $40 million of the Company's common stock. On April 28, 2025, the Board approved an additional $25 million f

coco-202602180001482981FALSE00014829812026-02-182026-02-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): February 18, 2026

The Vita Coco Company, Inc. (Exact name of registrant as specified in its charter)

Delaware 001-40950 11-3713156

(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

111 Fifth Avenue Second Floor New York, New York 10003 (Address of principal executive offices) (Zip Code) (Registrant’s telephone number, include area code) (212) 206-0763 N/A (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbols

Name of each exchange on which registered

Common Stock, $0.01 par value per share

COCO

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02    Results of Operations and Financial Condition. On February 18th, 2026, The Vita Coco Company, Inc. (the “Company”) issued a press release announcing financial results for the three months and year ended December 31, 2025 and other matters described in the press release. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as expressly set forth in such filing.

Item 9.01    Financial Statements and Exhibits. (d)Exhibits.

Exhibit No. Description

99.1 Press release, dated February 18, 2026.

104 Cover Page Interactive Data File (embedded with Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

THE VITA COCO COMPANY, INC.

Date: February 18, 2026 By: /s/ Corey Baker

Name: Corey Baker

Title: Chief Financial Officer