Vita Coco recently released its 10-Q report, detailing its financial performance for the three and nine months ended September 30, 2025, and 2024. The company, formerly known as All Market Inc., is a leading developer, marketer, and distributor of coconut water products under the Vita Coco brand name in various regions worldwide. Its product portfolio also includes coconut oil, coconut juice, and coconut milk, along with the Ever & Ever brand of packaged water and PWR LIFT, a protein-infused fitness drink. The company also supplies private label products to retailers and generates revenue from bulk product sales to beverage and food companies.
In the 10-Q report, Vita Coco highlighted key factors affecting its performance. The company emphasized the uncertainty in the macroeconomic environment due to geopolitical and economic instability, which includes the effects of current wars and international conflicts, variability in interest rates, foreign exchange rates, tariffs, and inflation. The report also discussed the impact of tariffs imposed by the U.S. government on countries from which Vita Coco sources its products, as well as the challenges and uncertainties associated with these tariffs.
The report further detailed the company's revenue streams and factors affecting its gross profit and gross margin, including the mix of products sold, sales channels, promotional environment, manufacturing costs, commodity prices, warehouse costs, tariffs, and transportation rates. Vita Coco also provided insights into its operating expenses, other income and expenses, and income tax expense.
In terms of financial performance, for the three months ended September 30, 2025, Vita Coco reported net sales of $182.3 million, compared to $132.9 million in the same period in 2024. The cost of goods sold for the same period was $113.6 million, resulting in a gross profit of $68.7 million. The company's income from operations was $27.9 million, and its net income for the period was $24.0 million.
For the nine months ended September 30, 2025, Vita Coco reported net sales of $482.0 million, compared to $388.7 million in the same period in 2024. The cost of goods sold for the same period was $304.0 million, resulting in a gross profit of $178.0 million. The company's income from operations was $72.3 million, and its net income for the period was $66.8 million.
Today the company's shares have moved 3.08% to a price of $42.24. For more information, read the company's full 10-Q submission here.
