The Vita Coco Company reported second quarter 2026 net sales of $216 million, a 28% increase, and net income of $49 million. The company raised its full year 2026 guidance for net sales to between $790 million and $805 million and Adjusted EBITDA to between $154 million and $161 million. Additionally, the company acquired Copra, Inc. on July 22, 2026, and the Board approved an additional $40 million share repurchase authorization on July 21, 2026. The company operates in the beverage industry, producing and selling coconut water and other healthy beverage brands.

On July 22, 2026, The Vita Coco Company, Inc. completed the acquisition of Copra Inc., a producer of super-premium Thai Nam Hom coconut water. The aggregate closing consideration was $175 million, consisting of $140,000,210.59 in cash and 467,071 shares of Vita Coco common stock. Additionally, Vita Coco will pay an earnout between $45 million and $100 million in 2029 based on Copra's 2028 gross profit. Copra expects full-year 2026 net sales to exceed $100 million. The acquisition provides Vita Coco entry into the super-premium cold-chain segment and adds a production facility in Thailand. The company expects the transaction to be accretive to Adjusted EBITDA margins post-integration. Vita Coco operates in the beverage industry and sells coconut water and protein-infused water products.