Growth Metrics

Vita Coco Company (COCO) Operating Expenses (2020 - 2026)

Vita Coco Company (COCO) reported Operating Expenses of $38.2 million for Q1 2026, up 32.78% year-over-year from $28.8 million in Q1 2025, and up 11.19% on a QoQ basis from $34.4 million in Q4 2025.

Vita Coco Company (COCO) has 7 years of Operating Expenses data on file, last reported at $38.2 million in Q1 2026.

  • Quarterly Operating Expenses rose 32.78% year-over-year to $38.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $149.5 million (up 19.09% YoY) and the FY2025 annual result came in at $140.1 million, up 12.08% from the prior year.
  • Operating Expenses rose to $38.2 million in Q1 2026 per COCO's latest filing, from $34.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $40.7 million in Q3 2025 and bottomed at $234000.0 in Q4 2023.
  • The 5-year median for Operating Expenses is $28.8 million (2025), against an average of $29.0 million.
  • The widest annual swing landed in 2023, when Operating Expenses tumbled 99.14%; it then surged 15721.37% in 2024.
  • Tracing COCO's Operating Expenses over 5 years: stood at $27.3 million in 2022, then plunged by 99.14% to $234000.0 in 2023, then surged by 15721.37% to $37.0 million in 2024, then declined by 7.13% to $34.4 million in 2025, then rose by 11.19% to $38.2 million in 2026.
  • Per Business Quant, the three latest COCO Operating Expenses figures stand at $38.2 million (Q1 2026), $34.4 million (Q4 2025), and $40.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Coca Cola 338.61 Bn 329.63 Bn 7.85 Bn 3.47 Bn
2 Pepsico 193.55 Bn 182.88 Bn 10.73 Bn 7.52 Bn
3 Monster Beverage 87.17 Bn 84.18 Bn 1.29 Bn 563.39 Mn
4 Coca-Cola Europacific Partners 47.66 Bn 47.03 Bn - -
5 Keurig Dr Pepper 41.05 Bn 27.15 Bn 2.10 Bn 1.34 Bn
6 Coca Cola Femsa Sab De Cv 10.77 Bn 9.26 Bn 1.89 Bn 1.37 Bn
7 Coca-Cola Consolidated 9.73 Bn 9.50 Bn 727.08 Mn 489.56 Mn
8 Primo Brands 8.93 Bn 8.64 Bn 464.90 Mn 357.50 Mn
9 Celsius Holdings 7.93 Bn 7.38 Bn 378.07 Mn 239.07 Mn
10 Vita Coco Company 4.29 Bn 4.08 Bn 71.81 Mn 38.23 Mn

Historic Data

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DateValue
Mar 31, 2026 38.23 Mn
Dec 31, 2025 34.38 Mn
Sep 30, 2025 40.75 Mn
Jun 30, 2025 36.14 Mn
Mar 31, 2025 28.79 Mn
Dec 31, 2024 37.02 Mn
Sep 30, 2024 30.97 Mn
Jun 30, 2024 28.76 Mn
Mar 31, 2024 28.22 Mn
Dec 31, 2023 234,000.00
Sep 30, 2023 32.65 Mn
Jun 30, 2023 30.25 Mn
Mar 31, 2023 26.96 Mn
Dec 31, 2022 27.29 Mn
Sep 30, 2022 23.96 Mn
Jun 30, 2022 24.26 Mn
Mar 31, 2022 24.80 Mn
Dec 31, 2021 26.66 Mn
Sep 30, 2021 20.68 Mn
Jun 30, 2021 21.44 Mn
Mar 31, 2021 19.78 Mn
Dec 31, 2020 18.94 Mn
Sep 30, 2020 19.06 Mn