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Side-by-side financial comparison of Vita Coco Company, Inc. (COCO) and HIVE Digital Technologies Ltd. (HIVE). 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 $93.1M, roughly 1.9× HIVE Digital Technologies Ltd.). Vita Coco Company, Inc. runs the higher net margin — 17.0% vs -98.1%, a 115.0% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs 37.3%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs 11.7%).

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.

Mastech Digital, Inc. is a digital transformation and information technology (IT) services company headquartered in Pittsburgh, Pennsylvania, providing services to corporations across North America, Middle East, Asian, and Japan.

COCO vs HIVE — Head-to-Head

Bigger by revenue
COCO
COCO
1.9× larger
COCO
$179.8M
$93.1M
HIVE
Growing faster (revenue YoY)
HIVE
HIVE
+181.2% gap
HIVE
218.6%
37.3%
COCO
Higher net margin
COCO
COCO
115.0% more per $
COCO
17.0%
-98.1%
HIVE
Faster 2-yr revenue CAGR
HIVE
HIVE
Annualised
HIVE
102.2%
11.7%
COCO

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
COCO
COCO
HIVE
HIVE
Revenue
$179.8M
$93.1M
Net Profit
$30.5M
$-91.3M
Gross Margin
39.9%
-27.1%
Operating Margin
18.7%
Net Margin
17.0%
-98.1%
Revenue YoY
37.3%
218.6%
Net Profit YoY
61.4%
-234.0%
EPS (diluted)
$0.50
$-0.38

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
HIVE
HIVE
Q1 26
$179.8M
Q4 25
$127.8M
$93.1M
Q3 25
$182.3M
$87.3M
Q2 25
$168.8M
$45.6M
Q1 25
$130.9M
Q4 24
$127.3M
$29.2M
Q3 24
$132.9M
$22.6M
Q2 24
$144.1M
$32.2M
Net Profit
COCO
COCO
HIVE
HIVE
Q1 26
$30.5M
Q4 25
$5.5M
$-91.3M
Q3 25
$24.0M
$-15.8M
Q2 25
$22.9M
$35.0M
Q1 25
$18.9M
Q4 24
$3.4M
$68.2M
Q3 24
$19.3M
$80.0K
Q2 24
$19.1M
$-18.3M
Gross Margin
COCO
COCO
HIVE
HIVE
Q1 26
39.9%
Q4 25
34.9%
-27.1%
Q3 25
37.7%
4.7%
Q2 25
36.3%
-13.6%
Q1 25
36.7%
Q4 24
32.5%
-43.7%
Q3 24
38.8%
-66.1%
Q2 24
40.8%
-7.4%
Operating Margin
COCO
COCO
HIVE
HIVE
Q1 26
18.7%
Q4 25
8.0%
Q3 25
15.3%
Q2 25
14.9%
Q1 25
14.7%
Q4 24
3.4%
Q3 24
15.5%
Q2 24
20.8%
Net Margin
COCO
COCO
HIVE
HIVE
Q1 26
17.0%
Q4 25
4.3%
-98.1%
Q3 25
13.2%
-18.1%
Q2 25
13.6%
76.8%
Q1 25
14.4%
Q4 24
2.6%
233.2%
Q3 24
14.5%
0.4%
Q2 24
13.2%
-56.7%
EPS (diluted)
COCO
COCO
HIVE
HIVE
Q1 26
$0.50
Q4 25
$0.10
$-0.38
Q3 25
$0.40
$-0.07
Q2 25
$0.38
$0.18
Q1 25
$0.31
Q4 24
$0.06
$0.52
Q3 24
$0.32
$0.00
Q2 24
$0.32
$-0.17

Balance Sheet & Financial Strength

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

Metric
COCO
COCO
HIVE
HIVE
Cash + ST InvestmentsLiquidity on hand
$201.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$352.2M
$559.3M
Total Assets
$488.3M
$624.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COCO
COCO
HIVE
HIVE
Q1 26
$201.9M
Q4 25
$196.9M
Q3 25
$203.7M
Q2 25
$167.0M
Q1 25
$153.6M
Q4 24
$164.7M
$40.5M
Q3 24
$156.7M
$31.7M
Q2 24
$150.1M
Stockholders' Equity
COCO
COCO
HIVE
HIVE
Q1 26
$352.2M
Q4 25
$331.5M
$559.3M
Q3 25
$323.7M
$624.6M
Q2 25
$296.9M
$560.5M
Q1 25
$277.9M
Q4 24
$258.8M
$430.9M
Q3 24
$252.1M
$275.5M
Q2 24
$232.0M
$268.6M
Total Assets
COCO
COCO
HIVE
HIVE
Q1 26
$488.3M
Q4 25
$461.2M
$624.0M
Q3 25
$461.3M
$693.0M
Q2 25
$421.1M
$628.7M
Q1 25
$384.0M
Q4 24
$362.4M
$478.6M
Q3 24
$353.1M
$334.7M
Q2 24
$323.0M

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
HIVE
HIVE
Operating Cash FlowLast quarter
$46.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COCO
COCO
HIVE
HIVE
Q1 26
Q4 25
$-3.9M
$46.0M
Q3 25
$39.1M
$-10.6M
Q2 25
$21.8M
$10.2M
Q1 25
$-9.8M
Q4 24
$6.9M
$-28.5M
Q3 24
$9.3M
$-2.2M
Q2 24
$26.9M
$-4.4M
Free Cash Flow
COCO
COCO
HIVE
HIVE
Q1 26
Q4 25
$-7.1M
Q3 25
$35.6M
Q2 25
$20.9M
Q1 25
$-10.4M
Q4 24
$6.8M
$-55.5M
Q3 24
$8.9M
$-34.7M
Q2 24
$26.6M
FCF Margin
COCO
COCO
HIVE
HIVE
Q1 26
Q4 25
-5.6%
Q3 25
19.6%
Q2 25
12.4%
Q1 25
-7.9%
Q4 24
5.3%
-189.9%
Q3 24
6.7%
-153.4%
Q2 24
18.5%
Capex Intensity
COCO
COCO
HIVE
HIVE
Q1 26
Q4 25
2.5%
Q3 25
1.9%
Q2 25
0.6%
Q1 25
0.4%
Q4 24
0.1%
92.5%
Q3 24
0.3%
143.9%
Q2 24
0.2%
Cash Conversion
COCO
COCO
HIVE
HIVE
Q1 26
Q4 25
-0.70×
Q3 25
1.63×
Q2 25
0.95×
0.29×
Q1 25
-0.52×
Q4 24
2.05×
-0.42×
Q3 24
0.48×
-26.94×
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%

HIVE
HIVE

Segment breakdown not available.

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