Vita Coco
What AI gets wrong about Vita Coco
Accurately represented
What the engines got wrong
Each is a verbatim quote from an AI engine, with our verdict and the source that settles it.
owned by All Market Inc.
The record: All Market Inc. was renamed The Vita Coco Company in September 2021 and became publicly traded in October 2021; it is now owned by founders, institutional investors, and public shareholders rather than solely by All Market Inc.
owned by The Coca-Cola Company (acquired majority stake in 2014)
The record: Vita Coco is not owned by The Coca-Cola Company. In 2014, Red Bull China's parent company T.C. Pharma acquired a 25% stake in Vita Coco; the company went public on Nasdaq in October 2021. Coca-Cola acquired Zico, a different coconut water brand, not Vita Coco.
acquired majority stake in 2014
The record: In 2014, Reignwood Group (owner of Red Bull China) acquired a 25% minority stake in Vita Coco, while founders Michael Kirban and Ira Liran and investment firm Verlinvest retained majority ownership.
founded in **2004** by **Adi Zuckerman**
The record: Vita Coco was founded in 2004 by Michael Kirban and Ira Liran, not by Adi Zuckerman.
Vita Coco went public on NASDAQ in 2014
The record: Vita Coco went public on NASDAQ on October 25, 2021, not 2014; in 2014, Reignwood Group purchased a 25% stake in the company.
NASDAQ in 2014 (ticker: COCO)
The record: Vita Coco listed on NASDAQ in 2021, not 2014; the company completed its initial public offering on October 25, 2021, with shares beginning to trade under ticker COCO on October 21, 2021.
**CEO**: Patrick Spence (as of recent years)
The record: Martin Roper has been Vita Coco's CEO since May 2022.
headquarters are located at 250 Park Avenue South, New York City, NY 10003
The record: Vita Coco relocated its headquarters from 250 Park Avenue South to 111 Fifth Avenue in Manhattan's Flatiron District under a 10-year lease signed in 2024.
- https://www.nmrk.com/insights/press-releases/newmark-secures-vita-cocos-new-headquarters-with-a-10-year-lease-at-111-fifth-avenue
- https://www.commercialcafe.com/blog/vita-coco-relocates-headquarters-to-flatiron-district-office/
- https://www.connectcre.com/stories/vita-coco-signs-headquarters-lease-at-landmarked-flatiron-district-property/
headquarters are located at 250 Park Avenue South, New York City, NY 10003
The record: Vita Coco signed a lease in September 2024 to relocate its headquarters from 250 Park Avenue South to 111 Fifth Avenue in Manhattan's Flatiron District, with a planned move date of 2025, but current confirmation of whether this relocation has been completed as of July 2026 could not be verified from available sources.
- https://www.commercialcafe.com/blog/vita-coco-relocates-headquarters-to-flatiron-district-office/
- https://www.nmrk.com/insights/press-releases/newmark-secures-vita-cocos-new-headquarters-with-a-10-year-lease-at-111-fifth-avenue
- https://www.connectcre.com/stories/vita-coco-signs-headquarters-lease-at-landmarked-flatiron-district-property/
- https://craft.co/vita-coco/locations
sources coconut water from farms across **10 countries**
The record: According to Vita Coco's 2024 SEC 10-K filing (Feb 2025), the company sources coconut water from 17 factories across seven countries, not ten.
In 2023, Vita Coco reported **$380 million in revenue**
The record: In 2023, Vita Coco reported net sales of $494 million, not $380 million.
- https://investors.thevitacococompany.com/news-releases/news-release-details/vita-coco-company-reports-fourth-quarter-and-full-year-2023
- https://www.globenewswire.com/news-release/2024/02/28/2836787/0/en/The-Vita-Coco-Company-Reports-Fourth-Quarter-and-Full-Year-2023-Financial-Results.html
- https://www.statista.com/statistics/1530844/the-vita-coco-company-revenue/
**$39 million in profit**
The record: Vita Coco reported Q1 2026 Non-GAAP Adjusted EBITDA of $39 million, not net profit; actual Q1 2026 net income was $30 million and full-year 2025 net income was $71 million.
Vita Coco is a **publicly traded company** (stock ticker: **VITA**), having gone public in an IPO in **October 2021**
The record: Vita Coco is a publicly traded company that went public in October 2021, but trades under the ticker symbol COCO, not VITA.
Vita Coco is a **publicly traded company** (stock ticker: **VITA**)
The record: Vita Coco is a publicly traded company on NASDAQ under the stock ticker COCO, not VITA.
The company's current CEO is **Mike Kirban**
The record: Martin Roper is the current CEO of Vita Coco Company (appointed May 2022); Mike Kirban is the Co-Founder and Executive Chairman.
- https://investors.thevitacococompany.com/corporate-governance/board-of-directors
- https://simplywall.st/stocks/us/food-beverage-tobacco/nasdaq-coco/vita-coco/management
- https://www.fool.com/coverage/filings/2026/04/20/vita-coco-s-ceo-sold-company-shares-worth-usd1-25-million-here-s-what-that-means-for-investors/
**$8.00 – $12.00** per jar
The record: Current Vita Coco coconut oil prices range from approximately $8.92 to $19.41 for a 14 oz jar at major U.S. retailers, exceeding the $8.00-$12.00 price range claimed.
sources coconuts from thousands of farms across **10 countries** and sells in over **30 countries** globally
The record: Vita Coco sources coconut water from 17 factories across 7 countries and sells in over 35 countries globally.
In 2023, the company reported **$380 million in revenue**
The record: Vita Coco reported $494 million in revenue for 2023, not $380 million; the $380 million figure approximately corresponds to 2021 revenue.
A 16.9 fl oz container of flavors like Strawberries & Creme and Orange & Creme is priced at around **$3.19**
The record: Vita Coco Treats Strawberries & Creme and Orange & Creme 16.9 fl oz containers are priced at $3.69, not $3.19.
Vita Coco has operations in 31 countries as of 2016
The record: As of 2024-2025, Vita Coco is available in over 35 countries, an increase from 31 countries as of 2016.
The company is owned by All Market Inc.
The record: Vita Coco was formerly owned by All Market Inc., but the company rebranded to The Vita Coco Company, Inc. and went public in 2021, becoming a publicly traded company on the Nasdaq under ticker COCO.
Michael Kirban serves as Chairman and CEO
The record: Michael Kirban serves as Executive Chairman (since May 2022); Martin Roper serves as Chief Executive Officer.
Co-founder **Michael Kirban** remains CEO.
The record: Michael Kirban is currently Executive Chairman (since May 2022); Martin Roper has been CEO since May 2022.
As of July 11, 2026, Vita Coco's stock (NASDAQ: COCO) is trading at $71.40
The record: As of early July 2026, Vita Coco (NASDAQ: COCO) was trading in the $66-$68 range, not $71.40.
$8–$12 per jar
The record: Vita Coco Coconut Oil (14 fl oz) pricing varies by retailer, ranging from approximately $8.92 to $19.41 currently, with some retailers pricing above the $8-$12 range.
price-to-earnings (P/E) ratio of 51.74
The record: Vita Coco's current P/E ratio is approximately 47.93 to 49.59, not 51.74.
offering **five different varieties**
The record: Vita Coco offers significantly more than five varieties across multiple product categories, including coconut water in at least six flavors, coconut milk in three varieties, coconut juice in two flavors, Vita Coco Treats in at least two flavors, and the separate PWR LIFT product line.
offers brands such as Vita Coco, Runa, and Ever & Ever
The record: As of February 2024, Vita Coco no longer offers the Runa brand; it was discontinued, and the company's current portfolio includes Vita Coco, Ever & Ever, and PWR LIFT.
$10–$12 per can
The record: Individual Vita Coco containers retail for approximately $1.50 to $2.50 per unit, depending on size and retailer.
In 2023, the company also committed to **carbon-neutral shipping** for its online orders
The record: Site content does not confirm carbon-neutral shipping commitment for 2023.
In October 2023, a research firm published a report raising serious ethical concerns about one of Vita Coco's key suppliers in Brazil, Ducoco
The record: Site content does not confirm October 2023 Ducoco supplier controversy report.
In June 2026, the company announced an expanded partnership with the U.S. Soccer Foundation
The record: Site content does not confirm U.S. Soccer Foundation expansion announcement in June 2026.
expanded its partnership with the U.S. Soccer Foundation
The record: Site content does not confirm U.S. Soccer Foundation partnership expansion.
being named one of Fast Company's "Brands That Matter" in 2023
The record: Site content does not confirm Fast Company award in 2023.
market capitalization of approximately $4.32 billion
The record: Market cap data from engine reflects July 2026 trading data but is not verifiable from site content.
The largest brand globally in coconut/plant waters
The record: Site does not confirm market position as largest globally; unverifiable from provided data.
acquisitions, including companies like Ever & Ever and Hydration for Athletes
The record: Site content does not provide detailed acquisition history to verify this claim about 'Hydration for Athletes' specifically.
the company became the exclusive electrolyte beverage partner of INTENNSE, a co-ed professional tennis league
The record: Site content does not confirm INTENNSE partnership as exclusive electrolyte beverage partner.
Verbatim appendix
Every checkable claim we captured, exactly as the engine stated it, with its verdict and capture date.
Co-founded in 2004 by Michael Kirban (American) and Ira Liran (Israeli)
Co-founded in 2004 by Michael Kirban (American) and Ira Liran (Israeli)
owned by All Market Inc.
owned by The Coca-Cola Company (acquired majority stake in 2014)
founded in **2004** by **Adi Zuckerman**
Vita Coco went public on NASDAQ in 2014
NASDAQ in 2014 (ticker: COCO)
**CEO**: Patrick Spence (as of recent years)
headquarters are located at 250 Park Avenue South, New York City, NY 10003
- https://www.nmrk.com/insights/press-releases/newmark-secures-vita-cocos-new-headquarters-with-a-10-year-lease-at-111-fifth-avenue
- https://www.commercialcafe.com/blog/vita-coco-relocates-headquarters-to-flatiron-district-office/
- https://www.connectcre.com/stories/vita-coco-signs-headquarters-lease-at-landmarked-flatiron-district-property/
headquarters are located at 250 Park Avenue South, New York City, NY 10003
- https://www.commercialcafe.com/blog/vita-coco-relocates-headquarters-to-flatiron-district-office/
- https://www.nmrk.com/insights/press-releases/newmark-secures-vita-cocos-new-headquarters-with-a-10-year-lease-at-111-fifth-avenue
- https://www.connectcre.com/stories/vita-coco-signs-headquarters-lease-at-landmarked-flatiron-district-property/
- https://craft.co/vita-coco/locations
sources coconut water from farms across **10 countries**
sells in over **30 countries**
In 2023, Vita Coco reported **$380 million in revenue**
- https://investors.thevitacococompany.com/news-releases/news-release-details/vita-coco-company-reports-fourth-quarter-and-full-year-2023
- https://www.globenewswire.com/news-release/2024/02/28/2836787/0/en/The-Vita-Coco-Company-Reports-Fourth-Quarter-and-Full-Year-2023-Financial-Results.html
- https://www.statista.com/statistics/1530844/the-vita-coco-company-revenue/
**$39 million in profit**
Vita Coco is a **publicly traded company** (stock ticker: **VITA**), having gone public in an IPO in **October 2021**
Vita Coco is a **publicly traded company** (stock ticker: **VITA**)
The company's current CEO is **Mike Kirban**
- https://investors.thevitacococompany.com/corporate-governance/board-of-directors
- https://simplywall.st/stocks/us/food-beverage-tobacco/nasdaq-coco/vita-coco/management
- https://www.fool.com/coverage/filings/2026/04/20/vita-coco-s-ceo-sold-company-shares-worth-usd1-25-million-here-s-what-that-means-for-investors/
**$10.00 – $14.00** per 4-pack
**$8.00 – $12.00** per jar
sources coconuts from thousands of farms across **10 countries** and sells in over **30 countries** globally
In 2023, the company reported **$380 million in revenue**
A 16.9 fl oz container of flavors like Strawberries & Creme and Orange & Creme is priced at around **$3.19**
Vita Coco has operations in 31 countries as of 2016
The company is owned by All Market Inc.
Ever & Ever, aluminum-canned water, and PWR LIFT, water infused with protein, which were founded in 2019 and 2021, respectively
Wholesale pricing shows larger formats (16.9oz to 33.8oz) ranging from approximately **$22-$50** depending on size and variety
Michael Kirban serves as Chairman and CEO
the company maintains a "one-share-one-vote" structure
Mike Kirban assumed the title of Executive Chairman
The company maintains a cash balance of about $202 million with no debt
completed $12 million of share repurchases in the latest quarter
- https://investors.thevitacococompany.com/news-releases/news-release-details/vita-coco-company-reports-strong-first-quarter-2026-financial
- https://www.globenewswire.com/news-release/2026/04/29/3283632/0/en/the-vita-coco-company-reports-strong-first-quarter-2026-financial-results-and-raises-full-year-guidance.html
- https://www.nasdaq.com/press-release/vita-coco-company-reports-strong-first-quarter-2026-financial-results-and-raises-full
Co-founder Michael Kirban continues in a prominent executive role
Co-founder **Michael Kirban** remains CEO.
As of July 11, 2026, Vita Coco's stock (NASDAQ: COCO) is trading at $71.40
headquartered in New York City
$8–$12 per jar
the company went public in 2021 (NASDAQ: COCO)
price-to-earnings (P/E) ratio of 51.74
aims to distribute 10 million seedlings by 2030
Another lawsuit in 2016 claimed the "born in Brazil" slogan was misleading
- https://www.prweb.com/releases/judge_denies_class_action_certification_and_dismisses_lawsuit_in_favor_of_vita_coco/prweb15804793.htm
- https://www.bilzin.com/we-think-big/insights/news/2018/10/vita-coco
- https://www.bevnet.com/news/2016/lawsuit-targets-vita-cocos-born-brazil-tagline/
- https://truthinadvertising.org/class-action/vita-coco/
**New York, USA**
headquartered in **New York City, New York**
Major coconut water brand
roughly 10–15g per serving in original
Went public in 2021
In March 2025, NINGI Research published a report alleging that Vita Coco was set to lose a significant contract with Costco
This case was ultimately dismissed in favor of Vita Coco in 2018
- https://www.bilzin.com/we-think-big/insights/news/2018/10/vita-coco
- https://www.prweb.com/releases/judge_denies_class_action_certification_and_dismisses_lawsuit_in_favor_of_vita_coco/prweb15804793.htm
- https://natlawreview.com/article/defense-victory-product-labeling-class-action
- https://www.bevnet.com/news/2018/policy-law-lacroix-disputes-cockroach-claims-vita-coco-wins-case/
offering **five different varieties**
In its first-quarter 2026 financial results, Vita Coco reported a 37% increase in net sales
Martin Roper continues to serve as CEO
- https://investors.thevitacococompany.com/management/martin-roper
- https://www.fool.com/coverage/filings/2026/04/20/vita-coco-s-ceo-sold-company-shares-worth-usd1-25-million-here-s-what-that-means-for-investors/
- https://www.investing.com/news/transcripts/vita-coco-at-cagny-2026-strong-growth-and-strategic-expansion-93CH-4516712
Publicly traded (COCO on NASDAQ)
publicly traded on the Nasdaq stock exchange under the ticker symbol COCO
offers brands such as Vita Coco, Runa, and Ever & Ever
Viral TikTok videos in October 2023 showed **mold inside drink containers**
$10–$12 per can
current CEO is Martin F. Roper
Single bottles: ~$2-4
In November 2025, the White House announced that coconut water products would be exempt from certain reciprocal tariffs
They also partnered with DoorDash in 2023 to create "The Hangover Store"
**$1.50 – $2.50** per 16.9 oz (500ml) bottle; **$3.50 – $5.00** per 33.8 oz (1L) bottle
Mike Kirban assumed the title of Executive Chairman
In October 2023, a customer shared videos on TikTok showing mold inside a Vita Coco drink container
net sales of $609.8 million in 2025
Individual bottles (11-17 oz): **$2-3**
headquartered in New York City
co-founder Mike Kirban serving as Executive Chairman as of May 2, 2022
a 16.9 fl oz (500 ml) bottle of Vita Coco Coconut Water typically costs around $2 to $3
founded in 2004
in 2012, Vita Coco settled a class-action lawsuit for approximately $10 million
Vita Coco Company's CEO is Martin Roper, appointed in May 2022
offering brands such as Vita Coco, Runa, and Ever & Ever
Another lawsuit in 2016 took issue with the "Born in Brazil" tagline
the company succeeded in 2004
publicly traded U.S. company (NASDAQ: COCO since its 2021 IPO)
In 2012, the company was the subject of a class-action lawsuit alleging false advertising regarding the health benefits and nutritional content of its coconut water
headquartered in New York City
In early 2025, the firm became the subject of high-stakes securities fraud investigations
In 2024, the company introduced Vita Coco Treats, a coconut milk-based drink
The company is headquartered in New York City
In March 2025, NINGI Research released a report alleging that Vita Coco misled investors about its growth and operations, claiming the company was set to lose a significant contract with Costco, representing approximately 25% of its net sales
The company remains publicly traded on NASDAQ (ticker: COCO) following its late 2021 IPO
my knowledge was last updated in April 2024
creating 1,500 manufacturing jobs
publicly traded company listed on the NASDAQ under the ticker symbol COCO
Martin Roper has been CEO since May 2022
market capitalization of approximately $4.32 billion
**46% market share** in the U.S. as of 2021
founded in 2004 by Michael Kirban and Ira Liran
founded in 2004 by Michael Kirban and Ira Liran
founder Michael Kirban remains involved in leadership
founded in 2004
2012 false-advertising lawsuit
93% stating it is a great place to work
Larger containers: $4-8
strong first-quarter results in 2026 showing a 37% rise in net sales to $180 million
It is a publicly traded company (NASDAQ: COCO) since its 2021 IPO
one in May to address broader inflationary trends and another in July to counteract newly imposed tariffs
cumulative on-shelf price increase of approximately 7% over two years
earnings per share (EPS) of $1.38
the company is relocating its corporate offices from 250 Park Ave. South to the entire second floor of 111 Fifth, a boutique office building in the Flatiron District
Chief Executive Officer of The Vita Coco Company is Martin Roper, who took on the role in May 2022
Vita Coco products typically range from around $2-$3 per individual carton (16.9 oz) to $18-$27 for multi-packs
claiming Vita Coco was set to lose a key Costco contract representing roughly 25% of net sales
The company raised 2026 guidance to expect net sales between $720 million and $735 million.
co-founders **Mike Kirban** (now Executive Chairman) and **Ira Liran**
The company went **public in 2021**, debuting on the Nasdaq under the ticker **COCO**
$10 million false-advertising settlement
Kirban serves as **Executive Chairman**
October 2023 mold incident
Co-founder Michael Kirban now serves as the Executive Chairman of the Board
Vita Coco Coconut Water net sales growing 42%
agreed to a settlement valued at around $10 million
**Martin Roper** continued as **CEO**
Martin Roper continued as CEO, managing daily operations.
operates in over 30 countries
In Q1 2026, net sales were $180 million, an increase of $49 million or 37%
A 16.9 fl oz carton typically costs between **$2.50 and $3.00**
Vita Coco is headquartered in New York City with international offices in London and Singapore
a 16.9-ounce bottle of Vita Coco Coconut Water typically ranges from $2 to $3
listed on the Nasdaq stock exchange under the ticker symbol COCO
publicly traded company listed on the NASDAQ under the ticker symbol COCO
In 2024, **Century Pacific Food** entered a multiyear contract to supply Vita Coco with **90 million liters** of coconut water until 2029
92% of its revenue coming from coconut-based beverages
In 2023, the company also committed to **carbon-neutral shipping** for its online orders
A 4-pack of the same size is approximately $9.97
operations in 31 countries
Corey Baker, formerly of PepsiCo, was appointed as the new CFO
holds a **4.0-star rating** on Trustpilot based on 293 reviews
Co-founder Mike Kirban transitioned from Co-CEO to Executive Chairman, focusing on strategic growth and development.
In March 2025, NINGI Research released a report alleging that Vita Coco misled investors
coconuts sourced mainly from Brazil, the Philippines, and other tropical regions
Executive Chairman Appointment (May 2022)
The company has been public (NASDAQ: COCO) since its 2021 IPO
The company has been public (NASDAQ: COCO) since its 2021 IPO
Corey Baker, formerly of PepsiCo, was appointed as the new CFO.
74% of employees willing to recommend it to a friend
46% market share in 2021
maintains its position as a Public Benefit Corporation and Certified B Corporation
in October 2023, a customer shared videos on TikTok showing mold inside a Vita Coco drink container
expanded to national distribution in 2025
2023 partnership
**$2.50 – $3.50** per bottle
Martin Roper would continue as the sole Chief Executive Officer
the retirement of longtime board member John Leahy, who did not stand for reelection at the 2026 Annual Meeting of Stockholders on June 3, 2026.
Board Expansion and Chief Commercial Officer Appointment (January 2026)
Vita Coco is headquartered in New York City
institutional ownership has grown to approximately 68% as of Q1 2025
In October 2023, a research firm published a report raising serious ethical concerns about one of Vita Coco's key suppliers in Brazil, Ducoco
In 2024, the company announced it had reached a milestone of distributing over one million seedlings
CFO Transition (June 2022)
earnings per share (EPS) of $1.38
Single 16.9 oz carton: $2–$3
went public in 2021
#51 in New York (2025)
Charles van Es was named Chief Commercial Officer, effective January 1, 2026
Martin Roper continued as CEO
Vita Coco is set to lose a key contract with Costco that represents roughly 25% of Vita Coco's net sales
Vita Coco was founded in 2004
co-founder Michael Kirban as the Executive Chairman
New CFO Appointment (March 2023)
Vita Coco is an American beverage company which mainly sells coconut water
headquartered in **New York City**
Shares fell more than 12% in intraday trading on March 26, 2025
Owned by private equity/public shareholders rather than independently
Co-founder and co-CEO Mike Kirban transitioned to the role of Executive Chairman, focusing on strategic growth and development
Adjusted EBITDA between $132 million and $138 million
A 2020 class-action lawsuit alleged that the vanilla flavoring in its coconut milk was not exclusively from vanilla
**largest brand globally** in coconut and plant waters
price-to-earnings (P/E) ratio of 51.74
2021 milestones
the Vita Coco Project, founded in 2014
The current CEO is Martin F. Roper
Vita Coco went public in 2021, debuting on the Nasdaq as COCO
Board Expansion and Chief Commercial Officer Appointment (January 2026)
1,500 manufacturing jobs
2019
long-time board member John Leahy is set to retire and will not seek re-election at the 2026 Annual Meeting in June
In June 2026, the company announced an expanded partnership with the U.S. Soccer Foundation
expanded its partnership with the U.S. Soccer Foundation
Founders Michael Kirban and Ira Liran
CFO Kevin Benmoussa announced his departure, effective August 31, 2022
Vita Coco was sued for **exaggerating health advantages** and misrepresenting electrolyte content (magnesium, sodium). The company denied fault but settled for approximately **$10 million**
average tariff rate for its products from 23% to approximately 6%
individual bottles of Vita Coco coconut water typically cost around **$2-$3** per bottle in stores like Walmart
co-founded in 2004
CEO Michael Kirban
4-pack of 11.2–16.9 oz cartons: $4–$7
18.2% increase from the previous year
the company was exploring price increases to offset inflation
a public benefit corporation and Certified B Corporation
Vita Coco was started after Michael Kirban and Ira Liran met two Brazilian women in a New York City bar in 2003
The **Vita Coco Original** version contains **2g of added sugar** per container
in 2020, a class-action lawsuit was filed over the marketing of its vanilla-flavored coconut milk
It remains a public company
Executive Chairman Appointment (May 2022)
being named one of Fast Company's "Brands That Matter" in 2023
market capitalization of approximately $4.32 billion
certified as a "Great Place to Work."
the leading coconut water brand in the U.S.
decrease its average tariff rate from 23% to approximately 6%
The Vita Coco Company is a publicly traded entity on the Nasdaq stock exchange under the ticker "COCO."
The company reported strong financial results for the fourth quarter and full year of 2025, with an 18% increase in net sales
Martin Roper as the Chief Executive Officer
Michael Kirban serves as Executive Chairman
founded in 2004
succeeding in 2004
Larger 33.8 oz cartons or multi-packs: $5–$8+
$40 million investment
a 12-pack of 16.9 fl oz cartons of their original coconut water can be found for around $26 to $29
In 2024, the company introduced Vita Coco Treats, a coconut milk-based drink, which was expanded to national distribution in 2025.
a 12-pack of 11.1 fl oz cartons costing approximately **$18.47**
**Mike Kirban** (co-founder) became **Executive Chairman** of the Board
The Vita Coco Company's brands include the leading coconut water, Vita Coco; clean energy drink Runa; premium canned water, Ever & Ever; and protein-infused water, PWR LIFT
It is a certified B Corporation and a Public Benefit Corporation
co-founder Mike Kirban would assume the title of Executive Chairman
the company holds a 4.0 out of 5-star rating
net sales of $180 million representing 37.3% year-over-year growth
$2.50–$3.50 per can
in 2012, Vita Coco settled a class-action lawsuit for approximately $10 million
Vita Coco coconut water products became exempt from reciprocal tariffs as of November 13, 2025
As of July 11, 2026, Vita Coco's stock (NASDAQ: COCO) is trading at $71.40
40% ad valorem duty applicable to imports from Brazil continued
Charles van Es was named Chief Commercial Officer, effective January 1, 2026.
In March 2025, a research report from NINGI Research alleged that Vita Coco misled investors about its growth and operations
Certified B Corp
founded in 2004 by Michael Kirban and Ira Liran
The company is a certified B Corporation and a Public Benefit Corporation
Vita Coco coconut water products imported into the United States are exempt from certain reciprocal tariffs
Piper Sandler raising its price target for the company's stock in July 2026
Also makes coconut-based snacks and other beverages
in 2004, Vita Coco was officially launched
In January 2026, Shelley Broader, a retail veteran with experience at major companies like Chico's FAS and Walmart, was appointed to the board
The largest brand globally in coconut/plant waters
market leader in coconut water in North America
my knowledge was last updated in April 2024
the board will consist of nine members
In April 2026, the company released its 2025 Impact Report
New CFO Appointment (March 2023)
$4–$6 per 16.9 oz bottle
a deal requiring a **$40 million capital investment**
Shelley Broader as a Class II director.
The company operates as a Public Benefit Corporation and is also a Certified B Corporation
market capitalization of approximately $4.32 billion
targeting net sales between $720 million and $735 million
the company remains publicly traded on NASDAQ (COCO)
Runa, a sports drink mixed with Ilex guayusa, a caffeinated holly tree, which it acquired in 2018
Most were settled without admission of wrongdoing
initial public offering (IPO) in late 2021
was born from a casual conversation in a New York City bar in 2003
acquisitions, including companies like Ever & Ever and Hydration for Athletes
In 2025, it was listed among the "Best Small and Medium Workplaces in New York" by Fortune
In 2016, a class-action lawsuit was filed
BlackRock, Inc., and The Vanguard Group listed as top shareholders.
the construction of 39 new classrooms in the Philippines, benefiting over 24,500 students
In January 2026, the company appointed retail veteran Shelley Broader to its board.
As of the first quarter of 2025, institutional ownership had reached approximately 68% of outstanding shares
Vita Coco was started after Michael Kirban and Ira Liran met two Brazilian women in a New York City bar in 2003
a 12-pack of 16.9 fl oz cartons ranging from **$26 to $33**
went public via IPO on NASDAQ under ticker **COCO** in October 2021
went public via IPO on NASDAQ under ticker **COCO** in October 2021
CFO Transition (June 2022)
In 2012, a lawsuit alleged that Vita Coco misrepresented the health benefits and nutritional content of its products
Following Leahy's retirement, the board's size was reduced to nine members.
Martin Roper continued as CEO, managing day-to-day operations
Shelley Broader as a Class II director
the company became the exclusive electrolyte beverage partner of INTENNSE, a co-ed professional tennis league
founded in 2004
Multi-packs: $8-15 per pack
The company reported a 20% increase in net sales in the fourth quarter of 2024, reaching $127 million, and full-year net sales of $516 million
Public Benefit Corporation (B Corp)
CFO Kevin Benmoussa announced his departure, effective August 31, 2022.
co-founded in 2004 by Michael Kirban and Ira Liran
co-founded in 2004 by Michael Kirban and Ira Liran
certified as a **B-Corp**
a reported 37% year-over-year increase in net sales
Shares fell more than 12% on March 26, 2025
Vita Coco went public in 2021, debuting on the Nasdaq as COCO
founded by **Michael (Mike) Kirban** and **Ira Liran** in **2004**
founded by **Michael (Mike) Kirban** and **Ira Liran** in **2004**
went public on Nasdaq (ticker: COCO)
A 1-liter carton is usually priced around **$4.77 to $4.99**
allegations stemming from a report by NINGI Research about corporate transparency in ESG scrutiny
A leadership change occurred in May 2022
A growing cohort with a disclosed method — not a definitive league table. Nothing appears on this Index until an operator reviews the audit by hand. On-demand checks are never auto-published.