Vita Coco Company, Inc. Financials
This page shows Vita Coco Company, Inc. (COCO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Vita Coco Company, Inc. has an operating margin of 14.3%, meaning the company retains $14 of operating profit per $100 of revenue. This strong profitability earns a score of 72/100, reflecting efficient cost management and pricing power. This is up from 11.4% the prior year.
Vita Coco Company, Inc.'s revenue grew a modest 4.5% year-over-year to $516.0M. This slow but positive growth earns a score of 42/100.
Vita Coco Company, Inc. carries a low D/E ratio of 0.40, meaning only $0.40 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.31, Vita Coco Company, Inc. holds $3.31 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Vita Coco Company, Inc. has a free cash flow margin of 8.1%, earning a moderate score of 41/100. The company generates positive cash flow after capital investments, but with room for improvement.
Vita Coco Company, Inc. earns a strong 21.6% return on equity (ROE), meaning it generates $22 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 86/100. This is down from 23.0% the prior year.
Vita Coco Company, Inc. scores 22.16, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($3.2B) relative to total liabilities ($103.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Vita Coco Company, Inc. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Vita Coco Company, Inc. generates $0.77 in operating cash flow ($42.9M OCF vs $56.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Vita Coco Company, Inc. generated $516.0M in revenue in fiscal year 2024. This represents an increase of 4.5% from the prior year.
Vita Coco Company, Inc.'s EBITDA was $74.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 30.5% from the prior year.
Vita Coco Company, Inc. generated $41.9M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 60.7% from the prior year.
Vita Coco Company, Inc. reported $56.0M in net income in fiscal year 2024. This represents an increase of 20.0% from the prior year.
Vita Coco Company, Inc. earned $0.94 per diluted share (EPS) in fiscal year 2024. This represents an increase of 19.0% from the prior year.
Vita Coco Company, Inc. held $164.7M in cash against $0 in long-term debt as of fiscal year 2024.
Vita Coco Company, Inc. had 57M shares outstanding in fiscal year 2024. This represents an increase of 0.1% from the prior year.
Vita Coco Company, Inc.'s gross margin was 38.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.9 percentage points from the prior year.
Vita Coco Company, Inc.'s operating margin was 14.3% in fiscal year 2024, reflecting core business profitability. This is up 2.9 percentage points from the prior year.
Vita Coco Company, Inc.'s net profit margin was 10.8% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.4 percentage points from the prior year.
Vita Coco Company, Inc.'s ROE was 21.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.4 percentage points from the prior year.
Vita Coco Company, Inc. invested $398K in research and development in fiscal year 2024. This represents a decrease of 4.8% from the prior year.
Vita Coco Company, Inc. spent $12.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 1456.3% from the prior year.
Vita Coco Company, Inc. invested $974K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 62.6% from the prior year.
COCO Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $182.3M+8.0% | $168.8M+28.9% | $130.9M+2.9% | $127.3M-11.7% | $144.1M+29.0% | $111.7M+5.2% | $106.1M-23.1% | $138.1M |
| Cost of Revenue | $113.6M+5.7% | $107.5M+29.8% | $82.8M-3.7% | $86.0M+0.7% | $85.4M+32.3% | $64.5M-2.7% | $66.3M-19.0% | $81.9M |
| Gross Profit | $68.7M+12.1% | $61.3M+27.4% | $48.1M+16.4% | $41.3M-29.7% | $58.7M+24.5% | $47.2M+18.5% | $39.8M-29.1% | $56.2M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $40.7M+12.7% | $36.1M+25.5% | $28.8M-22.2% | $37.0M+28.7% | $28.8M+1.9% | $28.2M-17.9% | $34.4M+5.3% | $32.6M |
| Operating Income | $27.9M+11.1% | $25.1M+30.2% | $19.3M+350.2% | $4.3M-85.7% | $30.0M+58.1% | $19.0M+249.7% | $5.4M-76.9% | $23.5M |
| Interest Expense | N/A | N/A | N/A | $0 | $0 | $0 | $0-100.0% | $1K |
| Income Tax | $6.7M+26.8% | $5.3M-4.0% | $5.5M+418.8% | -$1.7M-126.8% | $6.4M+69.9% | $3.8M+217.4% | $1.2M-70.3% | $4.0M |
| Net Income | $24.0M+4.8% | $22.9M+21.3% | $18.9M+460.3% | $3.4M-82.3% | $19.1M+34.1% | $14.2M+110.2% | $6.8M-55.3% | $15.2M |
| EPS (Diluted) | $0.40+5.3% | $0.38+22.6% | $0.31+416.7% | $0.06-81.3% | $0.32+33.3% | $0.24+140.0% | $0.10-61.5% | $0.26 |
COCO Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $461.3M+9.6% | $421.1M+9.7% | $384.0M+6.0% | $362.4M+12.2% | $323.0M+11.8% | $289.0M+1.2% | $285.7M+6.4% | $268.5M |
| Current Assets | $423.3M+9.5% | $386.7M+10.0% | $351.5M+3.0% | $341.3M+13.5% | $300.6M+12.7% | $266.7M+1.4% | $262.9M+6.3% | $247.3M |
| Cash & Equivalents | $203.7M+21.9% | $167.0M+8.7% | $153.6M-6.7% | $164.7M+9.7% | $150.1M+22.1% | $123.0M-7.2% | $132.5M+39.7% | $94.9M |
| Inventory | $84.4M+0.4% | $84.1M-4.8% | $88.3M+5.7% | $83.6M+83.9% | $45.5M-19.9% | $56.8M+11.8% | $50.8M+0.7% | $50.4M |
| Accounts Receivable | $103.4M+0.8% | $102.6M+33.6% | $76.8M+21.0% | $63.5M-19.6% | $78.9M+36.3% | $57.9M+15.6% | $50.1M-37.1% | $79.6M |
| Goodwill | $7.8M0.0% | $7.8M0.0% | $7.8M0.0% | $7.8M0.0% | $7.8M0.0% | $7.8M0.0% | $7.8M0.0% | $7.8M |
| Total Liabilities | $137.6M+10.8% | $124.1M+17.0% | $106.1M+2.5% | $103.6M+13.8% | $91.0M+14.7% | $79.4M-4.7% | $83.2M+9.7% | $75.9M |
| Current Liabilities | $123.5M+12.2% | $110.0M+17.9% | $93.4M-9.6% | $103.3M+13.7% | $90.8M+15.0% | $79.0M-4.3% | $82.6M+11.5% | $74.0M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $323.7M+9.0% | $296.9M+6.9% | $277.9M+7.4% | $258.8M+11.6% | $232.0M+10.6% | $209.7M+3.6% | $202.4M+5.1% | $192.6M |
| Retained Earnings | $222.5M+12.1% | $198.5M+13.0% | $175.6M+12.1% | $156.7M+16.9% | $134.1M+16.6% | $115.0M+14.1% | $100.7M+7.2% | $94.0M |
COCO Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $39.1M+79.1% | $21.8M+322.6% | -$9.8M-241.6% | $6.9M-74.3% | $26.9M+10182.0% | -$267K-100.7% | $37.2M-15.4% | $43.9M |
| Capital Expenditures | $3.4M+259.6% | $949K+69.8% | $559K+347.2% | $125K-56.9% | $290K+133.9% | $124K+87.9% | $66K+43.5% | $46K |
| Free Cash Flow | $35.6M+70.9% | $20.9M+301.4% | -$10.4M-252.4% | $6.8M-74.5% | $26.6M+6910.5% | -$391K-101.1% | $37.1M-15.5% | $43.9M |
| Investing Cash Flow | -$3.4M-259.6% | -$949K-69.8% | -$559K-347.2% | -$125K+56.9% | -$290K-133.9% | -$124K-87.9% | -$66K-43.5% | -$46K |
| Financing Cash Flow | $1.1M+114.4% | -$8.0M-626.3% | -$1.1M-153.1% | $2.1M+294.7% | $524K+105.8% | -$9.1M-2412.0% | $393K-87.7% | $3.2M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $151K-98.2% | $8.6M+469.8% | $1.5M | $0 | $0-100.0% | $9.2M+1094.7% | $773K | $0 |
COCO Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.7%+1.4pp | 36.3%-0.4pp | 36.7%+4.3pp | 32.5%-8.3pp | 40.8%-1.5pp | 42.2%+4.7pp | 37.5%-3.2pp | 40.7% |
| Operating Margin | 15.3%+0.4pp | 14.9%+0.2pp | 14.7%+11.4pp | 3.4%-17.4pp | 20.8%+3.8pp | 17.0%+11.9pp | 5.1%-11.9pp | 17.0% |
| Net Margin | 13.2%-0.4pp | 13.6%-0.9pp | 14.4%+11.8pp | 2.6%-10.6pp | 13.3%+0.5pp | 12.8%+6.4pp | 6.4%-4.6pp | 11.0% |
| Return on Equity | 7.4%-0.3pp | 7.7%+0.9pp | 6.8%+5.5pp | 1.3%-6.9pp | 8.2%+1.4pp | 6.8%+3.4pp | 3.4%-4.5pp | 7.9% |
| Return on Assets | 5.2%-0.2pp | 5.4%+0.5pp | 4.9%+4.0pp | 0.9%-5.0pp | 5.9%+1.0pp | 4.9%+2.6pp | 2.4%-3.3pp | 5.7% |
| Current Ratio | 3.43-0.1 | 3.51-0.3 | 3.76+0.5 | 3.310.0 | 3.31-0.1 | 3.38+0.2 | 3.18-0.2 | 3.34 |
| Debt-to-Equity | 0.420.0 | 0.42+0.0 | 0.38-0.0 | 0.400.0 | 0.39+0.0 | 0.38-0.0 | 0.41+0.0 | 0.39 |
| FCF Margin | 19.6%+7.2pp | 12.4%+20.3pp | -7.9%-13.3pp | 5.3%-13.1pp | 18.5%+18.8pp | -0.4%-35.3pp | 34.9%+3.1pp | 31.8% |
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Frequently Asked Questions
What is Vita Coco Company, Inc.'s annual revenue?
Vita Coco Company, Inc. (COCO) reported $516.0M in total revenue for fiscal year 2024. This represents a 4.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Vita Coco Company, Inc.'s revenue growing?
Vita Coco Company, Inc. (COCO) revenue grew by 4.5% year-over-year, from $493.6M to $516.0M in fiscal year 2024.
Is Vita Coco Company, Inc. profitable?
Yes, Vita Coco Company, Inc. (COCO) reported a net income of $56.0M in fiscal year 2024, with a net profit margin of 10.8%.
What is Vita Coco Company, Inc.'s earnings per share (EPS)?
Vita Coco Company, Inc. (COCO) reported diluted earnings per share of $0.94 for fiscal year 2024. This represents a 19.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Vita Coco Company, Inc.'s EBITDA?
Vita Coco Company, Inc. (COCO) had EBITDA of $74.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Vita Coco Company, Inc.'s gross margin?
Vita Coco Company, Inc. (COCO) had a gross margin of 38.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Vita Coco Company, Inc.'s operating margin?
Vita Coco Company, Inc. (COCO) had an operating margin of 14.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Vita Coco Company, Inc.'s net profit margin?
Vita Coco Company, Inc. (COCO) had a net profit margin of 10.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Vita Coco Company, Inc.'s return on equity (ROE)?
Vita Coco Company, Inc. (COCO) has a return on equity of 21.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Vita Coco Company, Inc.'s free cash flow?
Vita Coco Company, Inc. (COCO) generated $41.9M in free cash flow during fiscal year 2024. This represents a -60.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Vita Coco Company, Inc.'s operating cash flow?
Vita Coco Company, Inc. (COCO) generated $42.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Vita Coco Company, Inc.'s total assets?
Vita Coco Company, Inc. (COCO) had $362.4M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Vita Coco Company, Inc.'s capital expenditures?
Vita Coco Company, Inc. (COCO) invested $974K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Vita Coco Company, Inc. spend on research and development?
Vita Coco Company, Inc. (COCO) invested $398K in research and development during fiscal year 2024.
Does Vita Coco Company, Inc. buy back shares?
Yes, Vita Coco Company, Inc. (COCO) spent $12.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Vita Coco Company, Inc. have outstanding?
Vita Coco Company, Inc. (COCO) had 57M shares outstanding as of fiscal year 2024.
What is Vita Coco Company, Inc.'s current ratio?
Vita Coco Company, Inc. (COCO) had a current ratio of 3.31 as of fiscal year 2024, which is generally considered healthy.
What is Vita Coco Company, Inc.'s debt-to-equity ratio?
Vita Coco Company, Inc. (COCO) had a debt-to-equity ratio of 0.40 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Vita Coco Company, Inc.'s return on assets (ROA)?
Vita Coco Company, Inc. (COCO) had a return on assets of 15.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Vita Coco Company, Inc.'s Altman Z-Score?
Vita Coco Company, Inc. (COCO) has an Altman Z-Score of 22.16, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Vita Coco Company, Inc.'s Piotroski F-Score?
Vita Coco Company, Inc. (COCO) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Vita Coco Company, Inc.'s earnings high quality?
Vita Coco Company, Inc. (COCO) has an earnings quality ratio of 0.77x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Vita Coco Company, Inc.?
Vita Coco Company, Inc. (COCO) scores 73 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.