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

Wingstop Inc. is the larger business by last-quarter revenue ($183.7M vs $179.8M, roughly 1.0× Vita Coco Company, Inc.). Vita Coco Company, Inc. runs the higher net margin — 17.0% vs 16.3%, a 0.7% gap on every dollar of revenue. On growth, Vita Coco Company, Inc. posted the faster year-over-year revenue change (37.3% vs 7.4%). Over the past eight quarters, Vita Coco Company, Inc.'s revenue compounded faster (11.7% CAGR vs 8.6%).

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.

Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.

COCO vs WING — Head-to-Head

Bigger by revenue
WING
WING
1.0× larger
WING
$183.7M
$179.8M
COCO
Growing faster (revenue YoY)
COCO
COCO
+29.9% gap
COCO
37.3%
7.4%
WING
Higher net margin
COCO
COCO
0.7% more per $
COCO
17.0%
16.3%
WING
Faster 2-yr revenue CAGR
COCO
COCO
Annualised
COCO
11.7%
8.6%
WING

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
COCO
COCO
WING
WING
Revenue
$179.8M
$183.7M
Net Profit
$30.5M
$29.9M
Gross Margin
39.9%
86.5%
Operating Margin
18.7%
27.4%
Net Margin
17.0%
16.3%
Revenue YoY
37.3%
7.4%
Net Profit YoY
61.4%
EPS (diluted)
$0.50
$1.08

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
WING
WING
Q1 26
$179.8M
$183.7M
Q4 25
$127.8M
$175.7M
Q3 25
$182.3M
$175.7M
Q2 25
$168.8M
$174.3M
Q1 25
$130.9M
$171.1M
Q4 24
$127.3M
$161.8M
Q3 24
$132.9M
$162.5M
Q2 24
$144.1M
$155.7M
Net Profit
COCO
COCO
WING
WING
Q1 26
$30.5M
$29.9M
Q4 25
$5.5M
$26.8M
Q3 25
$24.0M
$28.5M
Q2 25
$22.9M
$26.8M
Q1 25
$18.9M
$92.3M
Q4 24
$3.4M
$26.8M
Q3 24
$19.3M
$25.7M
Q2 24
$19.1M
$27.5M
Gross Margin
COCO
COCO
WING
WING
Q1 26
39.9%
86.5%
Q4 25
34.9%
Q3 25
37.7%
Q2 25
36.3%
Q1 25
36.7%
Q4 24
32.5%
85.6%
Q3 24
38.8%
85.0%
Q2 24
40.8%
85.4%
Operating Margin
COCO
COCO
WING
WING
Q1 26
18.7%
27.4%
Q4 25
8.0%
26.7%
Q3 25
15.3%
27.9%
Q2 25
14.9%
25.9%
Q1 25
14.7%
22.4%
Q4 24
3.4%
25.9%
Q3 24
15.5%
24.5%
Q2 24
20.8%
26.5%
Net Margin
COCO
COCO
WING
WING
Q1 26
17.0%
16.3%
Q4 25
4.3%
15.2%
Q3 25
13.2%
16.2%
Q2 25
13.6%
15.4%
Q1 25
14.4%
53.9%
Q4 24
2.6%
16.5%
Q3 24
14.5%
15.8%
Q2 24
13.2%
17.7%
EPS (diluted)
COCO
COCO
WING
WING
Q1 26
$0.50
$1.08
Q4 25
$0.10
$0.99
Q3 25
$0.40
$1.02
Q2 25
$0.38
$0.96
Q1 25
$0.31
$3.24
Q4 24
$0.06
$0.91
Q3 24
$0.32
$0.88
Q2 24
$0.32
$0.93

Balance Sheet & Financial Strength

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

Metric
COCO
COCO
WING
WING
Cash + ST InvestmentsLiquidity on hand
$201.9M
$128.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$352.2M
Total Assets
$488.3M
$648.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COCO
COCO
WING
WING
Q1 26
$201.9M
$128.8M
Q4 25
$196.9M
$196.6M
Q3 25
$203.7M
$237.6M
Q2 25
$167.0M
$227.9M
Q1 25
$153.6M
$251.4M
Q4 24
$164.7M
$315.9M
Q3 24
$156.7M
$84.0M
Q2 24
$150.1M
$96.7M
Total Debt
COCO
COCO
WING
WING
Q1 26
Q4 25
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
$1.2B
Q3 24
Q2 24
Stockholders' Equity
COCO
COCO
WING
WING
Q1 26
$352.2M
Q4 25
$331.5M
$-736.8M
Q3 25
$323.7M
$-702.6M
Q2 25
$296.9M
$-686.0M
Q1 25
$277.9M
$-715.0M
Q4 24
$258.8M
$-675.6M
Q3 24
$252.1M
$-447.5M
Q2 24
$232.0M
$-437.5M
Total Assets
COCO
COCO
WING
WING
Q1 26
$488.3M
$648.9M
Q4 25
$461.2M
$693.4M
Q3 25
$461.3M
$721.0M
Q2 25
$421.1M
$708.3M
Q1 25
$384.0M
$696.8M
Q4 24
$362.4M
$716.2M
Q3 24
$353.1M
$484.8M
Q2 24
$323.0M
$451.8M

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%

WING
WING

Royalty revenue, franchise fees and other$87.5M48%
Advertising fees$63.3M34%
Company-owned restaurant sales$33.0M18%

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