Vita Coco posts Q3 beat, lifts 2026 sales and EBITDA guidance

The Vita Coco Company reported third‑quarter 2026 net sales of $244 million, a 34% year‑over‑year increase, and earnings of $0.58 per diluted share. Net income rose to $35 million and adjusted EBITDA to $53 million. Management raised full‑year 2026 net‑sales guidance to $810‑$820 million and adjusted EBITDA guidance to $170‑$175 million, while warning that fourth‑quarter gross margin will fall to about 33% because of freight costs and mix shifts.

The higher sales and EBITDA outlook suggests stronger revenue growth for the year, which could support a price‑target increase such as Piper Sandler’s lift to $88. However, the expected drop in Q4 gross margin signals near‑term earnings pressure that investors will need to weigh.

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