---
schema_version: "secwatch.filing_event.v1"
accession: "0001482981-23-000011"
form_type: "8-K"
ticker: "COCO"
cik: "0001482981"
company_name: "Vita Coco Company, Inc."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:23:47.637764+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vita Coco reports FY2022 net sales $428M (+13%); guides 2023 Adj. EBITDA $52-58M

## Summary
- Q4 net sales $92M (+6% YoY); net loss $(3M); Adjusted EBITDA $4M vs $1M prior year.
- FY2022 net sales $428M (+13%) driven by Vita Coco Coconut Water growth of 18%; net income $8M ($0.14 diluted EPS) vs $19M ($0.35).
- Full-year gross margin 24.2% vs 29.8% due to higher transport costs; Q4 included $7M non-cash impairment of Runa intangibles.
- FY2023 guidance: net sales growth 9-11%; gross margin 32-34%; Adjusted EBITDA $52-58M (up from $20M in 2022).
- Expect significant cost of goods improvements in 2023; first quarter gross margin approaching 30%.

## SEC filing metadata
- accession: 0001482981-23-000011
- form_type: 8-K
- ticker: COCO
- cik: 0001482981
- company_name: Vita Coco Company, Inc.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482981/000148298123000011/0001482981-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482981/000148298123000011/coco-20230308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001482981-23-000011
- JSON: https://secwatch.observer/filing/0001482981-23-000011.json
- Plain text: https://secwatch.observer/filing/0001482981-23-000011.txt

## Key facts
- Earnings Releases
  Vita Coco Company, Inc. reported the fourth quarter and full year ended December 31, 2022 results: revenue Net sales grew 13% to $428 million, net income Net income attributable to shareholders was $8 million, EPS $0.14 per diluted share.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Revenue: Net sales grew 13% to $428 million
  - Net income: Net income attributable to shareholders was $8 million
  - EPS: $0.14 per diluted share
  - Result: reported results
  source text: The Vita Coco Company Reports Fourth Quarter and Full Year 2022 Financial Results Full Year Net Sales Increased 13% to $428 million Driven by Vita Coco Coconut Water Growth of 18% Full Year Net Income of $8 million and Full Year Non-GAAP Adjusted EBITDA 1 of $20 million Consistent with Guidance For Fiscal Year 2023, Expect Significant Cost of Goods Improvements and Adjusted EBITDA 2 between $52-58 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1482981/000148298123000011/0001482981-23-000011-index.htm

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