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Vita Coco vs Pepsico: revenue, profit, margins and growth compared

Vita Coco brought in $609.8M of revenue in fiscal 2025, Pepsico $93.9B in fiscal 2025. Revenue changed by +18.2% at Vita Coco and +2.3% at Pepsico on the year before, so Vita Coco grew faster. Vita Coco kept 11.7% of its revenue as net profit, Pepsico 8.8%. Free cash flow was $39M at Vita Coco and $7.7B at Pepsico.

Side by side, latest fiscal year

COCOPEP
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 27, 2025)
Revenue$609.8M$93.9B
Revenue growth+18.2%+2.3%
Net income$71.3M$8.2B
Net margin11.7%8.8%
Free cash flow$39M$7.7B
Free cash flow margin6.4%8.2%
Earnings per share (diluted)$1.19$6.00
Cash$196.9M$9.2B
Debtn/a$46.4B
Price to earnings49.221.4
Market value$3.4B$175.6B
Dividend yieldn/a4.37%
Rank by revenue in sector#65 of 93 · Consumer staples#3 of 93 · Consumer staples

Over the years

Revenue
COCO FY2019: $283.9MCOCO FY2021: $310.6MCOCO FY2021: $379.5MCOCO FY2022: $427.8MCOCO FY2023: $493.6MCOCO FY2024: $516MCOCO FY2025: $609.8MPEP FY2018: $64.7BPEP FY2019: $67.2BPEP FY2020: $70.4BPEP FY2021: $79.5BPEP FY2022: $86.4BPEP FY2023: $91.5BPEP FY2024: $91.9BPEP FY2025: $93.9BFY18FY19FY20FY21FY22FY23FY24FY25
COCO $609.8MPEP $93.9B
Net income
COCO FY2019: $9.4MCOCO FY2021: $32.7MCOCO FY2021: $19MCOCO FY2022: $7.8MCOCO FY2023: $46.6MCOCO FY2024: $56MCOCO FY2025: $71.3MPEP FY2018: $12.5BPEP FY2019: $7.3BPEP FY2020: $7.1BPEP FY2021: $7.6BPEP FY2022: $8.9BPEP FY2023: $9.1BPEP FY2024: $9.6BPEP FY2025: $8.2BFY18FY19FY20FY21FY22FY23FY24FY25
COCO $71.3MPEP $8.2B
Net margin
COCO FY2019: 3.3%COCO FY2021: 10.5%COCO FY2021: 5.0%COCO FY2022: 1.8%COCO FY2023: 9.4%COCO FY2024: 10.8%COCO FY2025: 11.7%PEP FY2018: 19.4%PEP FY2019: 10.9%PEP FY2020: 10.1%PEP FY2021: 9.6%PEP FY2022: 10.3%PEP FY2023: 9.9%PEP FY2024: 10.4%PEP FY2025: 8.8%FY18FY19FY20FY21FY22FY23FY24FY25
COCO 11.7%PEP 8.8%
Revenue growth
COCO FY2021: +9.4%COCO FY2021: +22.2%COCO FY2022: +12.7%COCO FY2023: +15.4%COCO FY2024: +4.5%COCO FY2025: +18.2%PEP FY2019: +3.9%PEP FY2020: +4.8%PEP FY2021: +12.9%PEP FY2022: +8.7%PEP FY2023: +5.9%PEP FY2024: +0.4%PEP FY2025: +2.3%FY19FY20FY21FY22FY23FY24FY25
COCO +18.2%PEP +2.3%
Free cash flow
COCO FY2019: $20.8MCOCO FY2021: $32.9MCOCO FY2021: -$16.7MCOCO FY2022: -$11.9MCOCO FY2023: $106.6MCOCO FY2024: $41.9MCOCO FY2025: $39MPEP FY2018: $6.1BPEP FY2019: $5.4BPEP FY2020: $6.4BPEP FY2021: $7BPEP FY2022: $5.6BPEP FY2023: $7.9BPEP FY2024: $7.2BPEP FY2025: $7.7BFY18FY19FY20FY21FY22FY23FY24FY25
COCO $39MPEP $7.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about Vita Coco and Pepsico

Which is bigger by revenue, Vita Coco or Pepsico?

Pepsico is bigger by revenue: $93.9B in fiscal 2025, against $609.8M for Vita Coco in fiscal 2025.

Which keeps more of its revenue as profit, Vita Coco or Pepsico?

Vita Coco had a net margin of 11.7% in fiscal 2025; Pepsico had 8.8% in fiscal 2025.

Which grew revenue faster, Vita Coco or Pepsico?

In their latest fiscal years revenue changed by +18.2% at Vita Coco and +2.3% at Pepsico.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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