The Vita Coco Company delivered an exceptionally strong third quarter, with net sales increasing 37% to $182 million, primarily driven by a 42% growth in Vita Coco Coconut Water. Net income rose to $24 million, and Non-GAAP Adjusted EBITDA increased to $32 million, leading the company to raise its full-year net sales and adjusted EBITDA guidance.
The Vita Coco Company delivered a solid second quarter in 2025, with net sales increasing by 17% to $169 million, primarily driven by a 25% growth in Vita Coco Coconut Water sales. Net income rose by $4 million to $23 million, while Non-GAAP Adjusted EBITDA decreased by $3 million to $29 million. The company also raised its full-year net sales guidance.
The Vita Coco Company reported a 17% increase in net sales to $131 million in Q1 2025, primarily driven by a 25% growth in Vita Coco Coconut Water sales. Net income rose by $5 million to $19 million, and non-GAAP Adjusted EBITDA increased by $1 million to $23 million. The company reaffirmed its full-year 2025 outlook.
The Vita Coco Company reported a 20% increase in net sales for the fourth quarter, reaching $127 million. Full year net sales increased 5% to $516 million. Net income for the quarter was $3 million, and full year net income increased to $56 million.
The Vita Coco Company reported a 4% decrease in net sales to $133 million for Q3 2024, while Vita Coco Coconut Water sales grew by 8%. Net income increased to $19 million, and the company raised its full-year guidance for net sales and adjusted EBITDA.
The Vita Coco Company reported a 3% increase in net sales to $144 million for Q2 2024. Vita Coco Coconut Water sales grew by 4%. The company reaffirmed its full-year guidance, expecting net revenue between $500-$510 million and Adjusted EBITDA between $76-$82 million.
The Vita Coco Company reported a 2% increase in net sales to $112 million for Q1 2024. Net income increased to $14 million, and Non-GAAP Adjusted EBITDA increased to $21 million. The company raised its full year guidance, expecting net revenue between $500-$510 million and Adjusted EBITDA between $76-$82 million.
The Vita Coco Company reported strong Q4 2023 results, with net sales up 15% to $106 million and net income of $7 million, a significant improvement from the previous year's net loss. Gross profit also increased due to lower transportation costs and higher pricing.
The Vita Coco Company reported strong Q3 2023 results, with net sales increasing by 11% to $138 million and gross margin improving to 41%. Net income rose to $15 million, or $0.26 per diluted share, driven by sales growth and margin expansion. The company raised its full-year net sales and adjusted EBITDA guidance and announced a $40 million share repurchase program.
The Vita Coco Company reported a strong second quarter with net sales increasing by 21% to $140 million and gross margin improving to 37%. Net income was $18 million, or $0.31 per diluted share. The company raised its full year net sales, gross margin and Adjusted EBITDA guidance.
The Vita Coco Company reported strong first-quarter results, with net sales up 14% to $110 million, driven by a 17% increase in Vita Coco Coconut Water sales. Gross margin improved to 30.7%, and net income attributable to shareholders was $7 million, or $0.12 per diluted share. The company is raising its full-year net sales growth and Adjusted EBITDA guidance.
The Vita Coco Company reported a 6% increase in net sales for Q4 2022, reaching $92 million. Gross profit remained flat at $22 million. The company experienced a net loss of $(3) million, or $(0.05) per diluted share, and a Non-GAAP Adjusted EBITDA of $4 million.
The Vita Coco Company reported a 7% increase in net sales to $124 million, driven by a 14% growth in Vita Coco Coconut Water. Gross margin was 26.3%, showing sequential improvement. Net income was $7 million, and adjusted EBITDA was 9.5% of net sales.
The Vita Coco Company reported a 13% increase in net sales to $115 million for Q2 2022, driven by a 21% growth in Vita Coco Coconut Water. Gross profit remained flat at $29 million, representing 25% of net sales, with a sequential improvement from Q1. Net income attributable to shareholders was $1 million, or $0.02 per diluted share.
The Vita Coco Company reported a 28% increase in net sales to $96 million for Q1 2022, driven by strong growth in Vita Coco Coconut Water. However, gross profit decreased due to increased transportation costs, resulting in a net income of $2 million, or $0.04 per diluted share. The company is revising its full-year Adjusted EBITDA guidance due to increased cost pressures but remains confident in achieving its net sales growth guidance of 16-20%.