---
schema_version: "secwatch.filing_event.v1"
accession: "0001482981-22-000040"
form_type: "8-K"
ticker: "COCO"
cik: "0001482981"
company_name: "Vita Coco Company, Inc."
filed_at: "2022-05-11T23:59:59+00:00"
generated_at: "2026-06-25T20:48:33.505550+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Vita Coco Q1 sales up 28% to $96M, gross margin falls to 20%, FY2022 EBITDA guidance cut to $27-32M

## Summary
- Q1 net sales $96M (+28% YoY); net income $2M ($0.04 diluted EPS) vs $2M ($0.03) prior year.
- Gross margin fell to 20% from 32% on higher transportation costs; Adjusted EBITDA loss $3M vs +$6M prior year.
- FY 2022 net sales guidance reaffirmed at $440-455M (16-20% growth); Adjusted EBITDA guidance revised to $27-32M.
- Vita Coco coconut water brand value share rose to 50% (up 7pp); household penetration up 170bps to 11%.
- Company plans further price increases in H2 2022 to offset transportation cost pressures.

## SEC filing metadata
- accession: 0001482981-22-000040
- form_type: 8-K
- ticker: COCO
- cik: 0001482981
- company_name: Vita Coco Company, Inc.
- filed_at: 2022-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482981/000148298122000040/0001482981-22-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482981/000148298122000040/coco-20220511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001482981-22-000040
- JSON: https://secwatch.observer/filing/0001482981-22-000040.json
- Plain text: https://secwatch.observer/filing/0001482981-22-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.