vs

Side-by-side financial comparison of Vita Coco Company, Inc. (COCO) and GCL Global Holdings Ltd (GCL). Click either name above to swap in a different company.

Vita Coco Company, Inc. is the larger business by last-quarter revenue ($179.8M vs $98.7M, roughly 1.8× GCL Global Holdings Ltd). Vita Coco Company, Inc. runs the higher net margin — 17.0% vs -5.2%, a 22.1% gap on every dollar of revenue.

The Vita Coco Company, doing business simply as Vita Coco, is an American beverage company which mainly sells coconut water. The largest brand globally in coconut/plant waters, Vita Coco has operations in 31 countries as of 2016. It is a benefit corporation. The company is owned by All Market Inc.

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

COCO vs GCL — Head-to-Head

Bigger by revenue
COCO
COCO
1.8× larger
COCO
$179.8M
$98.7M
GCL
Higher net margin
COCO
COCO
22.1% more per $
COCO
17.0%
-5.2%
GCL

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
COCO
COCO
GCL
GCL
Revenue
$179.8M
$98.7M
Net Profit
$30.5M
$-5.1M
Gross Margin
39.9%
11.0%
Operating Margin
18.7%
-6.7%
Net Margin
17.0%
-5.2%
Revenue YoY
37.3%
Net Profit YoY
61.4%
EPS (diluted)
$0.50
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COCO
COCO
GCL
GCL
Q1 26
$179.8M
Q4 25
$127.8M
Q3 25
$182.3M
$98.7M
Q2 25
$168.8M
$142.1M
Q1 25
$130.9M
Q4 24
$127.3M
Q3 24
$132.9M
$36.1M
Q2 24
$144.1M
Net Profit
COCO
COCO
GCL
GCL
Q1 26
$30.5M
Q4 25
$5.5M
Q3 25
$24.0M
$-5.1M
Q2 25
$22.9M
$5.6M
Q1 25
$18.9M
Q4 24
$3.4M
Q3 24
$19.3M
$-1.9M
Q2 24
$19.1M
Gross Margin
COCO
COCO
GCL
GCL
Q1 26
39.9%
Q4 25
34.9%
Q3 25
37.7%
11.0%
Q2 25
36.3%
15.0%
Q1 25
36.7%
Q4 24
32.5%
Q3 24
38.8%
16.2%
Q2 24
40.8%
Operating Margin
COCO
COCO
GCL
GCL
Q1 26
18.7%
Q4 25
8.0%
Q3 25
15.3%
-6.7%
Q2 25
14.9%
2.3%
Q1 25
14.7%
Q4 24
3.4%
Q3 24
15.5%
-5.6%
Q2 24
20.8%
Net Margin
COCO
COCO
GCL
GCL
Q1 26
17.0%
Q4 25
4.3%
Q3 25
13.2%
-5.2%
Q2 25
13.6%
3.9%
Q1 25
14.4%
Q4 24
2.6%
Q3 24
14.5%
-5.2%
Q2 24
13.2%
EPS (diluted)
COCO
COCO
GCL
GCL
Q1 26
$0.50
Q4 25
$0.10
Q3 25
$0.40
$-0.04
Q2 25
$0.38
$0.05
Q1 25
$0.31
Q4 24
$0.06
Q3 24
$0.32
Q2 24
$0.32

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COCO
COCO
GCL
GCL
Cash + ST InvestmentsLiquidity on hand
$201.9M
$16.6M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$352.2M
$33.1M
Total Assets
$488.3M
$159.9M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COCO
COCO
GCL
GCL
Q1 26
$201.9M
Q4 25
$196.9M
Q3 25
$203.7M
$16.6M
Q2 25
$167.0M
$18.2M
Q1 25
$153.6M
Q4 24
$164.7M
Q3 24
$156.7M
$2.7M
Q2 24
$150.1M
Total Debt
COCO
COCO
GCL
GCL
Q1 26
Q4 25
Q3 25
$52.0M
Q2 25
$11.9M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
COCO
COCO
GCL
GCL
Q1 26
$352.2M
Q4 25
$331.5M
Q3 25
$323.7M
$33.1M
Q2 25
$296.9M
$35.9M
Q1 25
$277.9M
Q4 24
$258.8M
Q3 24
$252.1M
$15.9M
Q2 24
$232.0M
Total Assets
COCO
COCO
GCL
GCL
Q1 26
$488.3M
Q4 25
$461.2M
Q3 25
$461.3M
$159.9M
Q2 25
$421.1M
$101.6M
Q1 25
$384.0M
Q4 24
$362.4M
Q3 24
$353.1M
$49.6M
Q2 24
$323.0M
Debt / Equity
COCO
COCO
GCL
GCL
Q1 26
Q4 25
Q3 25
1.57×
Q2 25
0.33×
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COCO
COCO
GCL
GCL
Operating Cash FlowLast quarter
$-4.8M
Free Cash FlowOCF − Capex
$-5.2M
FCF MarginFCF / Revenue
-5.3%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COCO
COCO
GCL
GCL
Q1 26
Q4 25
$-3.9M
Q3 25
$39.1M
$-4.8M
Q2 25
$21.8M
$-10.3M
Q1 25
$-9.8M
Q4 24
$6.9M
Q3 24
$9.3M
$6.1M
Q2 24
$26.9M
Free Cash Flow
COCO
COCO
GCL
GCL
Q1 26
Q4 25
$-7.1M
Q3 25
$35.6M
$-5.2M
Q2 25
$20.9M
$-10.5M
Q1 25
$-10.4M
Q4 24
$6.8M
Q3 24
$8.9M
Q2 24
$26.6M
FCF Margin
COCO
COCO
GCL
GCL
Q1 26
Q4 25
-5.6%
Q3 25
19.6%
-5.3%
Q2 25
12.4%
-7.4%
Q1 25
-7.9%
Q4 24
5.3%
Q3 24
6.7%
Q2 24
18.5%
Capex Intensity
COCO
COCO
GCL
GCL
Q1 26
Q4 25
2.5%
Q3 25
1.9%
0.4%
Q2 25
0.6%
0.1%
Q1 25
0.4%
Q4 24
0.1%
Q3 24
0.3%
Q2 24
0.2%
Cash Conversion
COCO
COCO
GCL
GCL
Q1 26
Q4 25
-0.70×
Q3 25
1.63×
Q2 25
0.95×
-1.84×
Q1 25
-0.52×
Q4 24
2.05×
Q3 24
0.48×
Q2 24
1.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COCO
COCO

Subtotal$148.2M82%
Private Label$24.4M14%
Other$7.2M4%

GCL
GCL

Segment breakdown not available.

Related Comparisons