The Vita Coco Company, Inc. (COCO)

The Vita Coco Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	609.29	516.01	493.61	427.79	379.51	310.64
Revenue Growth (YoY)	23.12%	4.54%	15.39%	12.72%	22.17%	9.40%
Cost of Revenue	389.96	317.23	312.88	324.43	266.37	205.79
Gross Profit	219.33	198.78	180.73	103.36	113.15	104.86
Selling, General & Admin	142.3	124.57	123.82	91.21	86.86	72.87
Research & Development	0.4	0.4	0.42	0.54	0.48	0.31
Amortization of Goodwill & Intangibles	-	-	-	1.22	1.22	1.22
Operating Expenses	142.7	124.96	124.24	92.97	88.56	74.4
Operating Income	76.62	73.82	56.49	10.39	24.59	30.46
Interest Expense	-	-	-0.03	-0.26	-0.36	-0.79
Interest & Investment Income	6.48	6.72	2.58	0.05	0.13	0.4
Currency Exchange Gain (Loss)	-2.39	-1.57	-0.25	1.39	-2.09	1.85
Other Non Operating Income (Expenses)	3.95	-8.18	-0.87	6.61	2.09	-4.72
EBT Excluding Unusual Items	84.66	70.79	57.92	18.17	24.36	27.2
Asset Writedown	-	-	-	-7.33	-	-
Other Unusual Items	-	-	-	-	-0.13	16.4
Pretax Income	84.86	70.79	57.92	10.84	24.23	43.6
Income Tax Expense	15.7	14.84	11.29	3.03	5.24	10.91
Earnings From Continuing Operations	69.16	55.95	46.63	7.81	18.99	32.69
Minority Interest in Earnings	-	-	-	-	0.02	-0.03
Net Income	69.16	55.95	46.63	7.81	19.02	32.66
Net Income to Common	69.16	55.95	46.63	7.81	19.02	32.66
Net Income Growth	16.52%	19.99%	496.74%	-58.91%	-41.78%	246.82%
Shares Outstanding (Basic)	57	57	56	56	54	59
Shares Outstanding (Diluted)	60	59	59	56	54	59
Shares Change (YoY)	1.07%	0.92%	4.67%	3.58%	-7.55%	2.55%
EPS (Basic)	1.22	0.99	0.83	0.14	0.35	0.56
EPS (Diluted)	1.15	0.94	0.79	0.14	0.35	0.56
EPS Growth	15.16%	18.99%	464.29%	-60.00%	-37.31%	248.92%
Free Cash Flow	52.95	41.93	106.56	-11.92	-16.72	32.93
Free Cash Flow Per Share	0.89	0.71	1.81	-0.21	-0.31	0.56
Gross Margin	36.00%	38.52%	36.61%	24.16%	29.81%	33.76%
Operating Margin	12.58%	14.31%	11.45%	2.43%	6.48%	9.80%
Profit Margin	11.35%	10.84%	9.45%	1.83%	5.01%	10.51%
Free Cash Flow Margin	8.69%	8.13%	21.59%	-2.79%	-4.41%	10.60%
EBITDA	77.46	74.57	57.15	12.29	26.66	32.58
EBITDA Margin	12.71%	14.45%	11.58%	2.87%	7.02%	10.49%
D&A For EBITDA	0.84	0.75	0.66	1.9	2.07	2.13
EBIT	76.62	73.82	56.49	10.39	24.59	30.46
EBIT Margin	12.58%	14.31%	11.45%	2.43%	6.48%	9.80%
Effective Tax Rate	18.50%	20.96%	19.49%	27.92%	21.62%	25.03%
Advertising Expenses	-	-	-	-	13.76	12.86

Updated Oct 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q