COCO Vita Coco Company, Inc.

Overview and Growth

Vita Coco Company, Inc. generated $609.78M of revenue in fiscal 2025, with net income of $71.32M and an operating cash inflow of $47.17M. The $609.78M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $516.01M in fiscal 2024, revenue recorded a 18.2% year-over-year increase. The company reported diluted EPS of $1.19, adding a shareholder-level measure to the absolute income figures considered below. The per-share result recorded a 26.6% increase from fiscal 2024 diluted EPS of $0.94. The revenue-to-assets relationship was 1.32x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Gross profit was $222.59M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross margin was 36.5%, so that share of each revenue unit remained after the cost of revenue reported for the period. The reported operating result was $82.53M, capturing profitability after direct costs and the operating expenses reflected in the statements. Relative to revenue, operating income represented 13.5%, showing how efficiently sales converted into operating profit. The bottom-line result was net income of $71.32M, after the operating, financing, tax, and other items recognized for the period. Measured against reported revenue, net income produced a 11.7% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $92.97M of earnings, providing a bridge between the operating result and final net income. The pretax margin was 15.2%, relating income before taxes directly to revenue. The company recognized $21.65M of income tax for the period, completing the transition from pretax income to net income. Relative to pretax income, the tax provision measured 23.3%, quantifying the portion of pre-tax earnings paid in income tax. Net income equaled 21.5% of period-end equity, showing the earnings generated on shareholders’ book capital. Return on period-end assets was 15.5%, connecting net income with the company’s total asset base.

Liquidity and Capital Structure

At period end, the $461.16M asset base was financed through $129.62M of liabilities and $331.54M of equity. The near-term balance sheet paired $421.44M of current assets with $116.43M of current liabilities at the reporting date. The current ratio was 3.62x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Reported cash and equivalents were $196.87M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 169.1% of current liabilities, showing how much near-term coverage came from cash alone. The liabilities-to-assets relationship was 28.1%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 42.7%, comparing reported cash and equivalents with the full positive asset balance. Compared with $362.38M in fiscal 2024, the current asset base moved 27.3% and finished higher.

Cash Flow and Earnings Quality

Cash flow from operations was $47.17M, a reported cash inflow that can be compared directly with net income and capital spending. Operating cash flow equaled 0.66x of net income, showing how strongly accounting earnings converted into cash from operations. The cash-flow statement records $8.15M of capital expenditures, the investment amount considered after operating cash generation. Capital spending absorbed 17.3% of operating cash flow, quantifying the share of cash from operations directed to investment. The combination of operating cash flow and capital spending produced $39.02M of positive free cash flow for the period. The free-cash-flow margin was 6.4%, measuring cash remaining after capital spending against revenue. Free cash flow equaled 8.5% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.