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Box office
, Coco has grossed $209.5 million in the United States and Canada, and $570.8 million in other territories, for a worldwide total of $780.3 million.

United States and Canada
In the United States and Canada, Coco was projected to gross $55–65 million from 3,987 theaters in its first five days, including around $40 million in its opening weekend. It made $2.3 million from Tuesday night previews, landing between Disney's previous two November releases Moana ($2.6 million) and The Good Dinosaur ($1.3 million), and $13.2 million on its first day. It went on to debut to $50.8 million (including a five-day total of $72.9 million), finishing first at the box office. It was the 4th-biggest Thanksgiving opening weekend ever, behind fellow animated films Frozen, Moana and Toy Story 2. In its second weekend, the film dropped by 46% to $27.5 million, a smaller drop than Moana, Frozen, Tangled, and The Good Dinosaur, and again topping the box office. It topped the box office once again in its third weekend, dropping by 33% and grossing $18.5 million, a similar hold to Moana. It became the fourth film of 2017 to top the box office three times, following Split, The Fate of the Furious and The Hitman's Bodyguard, before being overtaken by Disney's own Star Wars: The Last Jedi and another animated film,  Ferdinand, in its fourth weekend.

It fell to number six in its fifth weekend, due to competition from three new releases—Jumanji: Welcome to the Jungle, Pitch Perfect 3, and The Greatest Showman—despite a small drop again; it grossed $2.8 million on Christmas Day. On the holiday week of December 22–28, the film finished at number six with a gross of $16.3 million, which was 6% up from the previous week, despite losing over 1,000 theaters. It finished at number six in its sixth weekend, going up 39% and 87%, respectively, during the three-day and four-day weekends; it grossed $2.6 million on New Year's Day. It fell outside the top 10 in its eighth weekend (which included Martin Luther King Jr. Day), dropping 38% and 14% respectively, during the three-day and four-day weekends.

Other territories
Coco was released in Mexico on October 27, nearly a month before its release in the United States. It grossed $9.3 million on its opening weekend, the biggest opening weekend for an original animated film and the biggest debut for an animated film outside of the summer movie season in the market. In its second weekend, it earned another $10.8 million, a 12% increase over its first weekend, bringing its total to $28 million. It became the fastest ten-day grosser ever for an animated feature in Mexico, as well as the biggest original animated release ever in the territory. It dropped by 23% in its third weekend, grossing $8.4 million. That brought its total to MX$792 million (US$41.4 million), making it the highest-grossing animated film and the second-highest grossing film of all time in Mexico, behind Disney's own The Avengers, in local currency. A few days later, on November 15, it passed The Avengers to become the highest-grossing film in the Mexican market.

In China, Coco finished number one at the weekend box office, with a three-day total of $18.2 million, making it the second-highest opening ever for a Disney or Pixar animated release in that market, behind Zootopia. After seeing increases each weekday on its first week, the film increased by 148% on its second weekend, bringing its total to $75.6 million in the market. It dropped by 21% in its third weekend, finishing first once again and grossing $35 million. The film fell to number three in its fourth weekend, due to competition from two new domestic releases, grossing an additional $17.1 million. Coco's success in China came as a surprise to most box office analysts who were projecting a gross of $30–40 million. By its second weekend, it had become the highest-grossing Pixar release ever in China, nearly doubling previous record-holder Finding Dory, and by its fifth weekend, it had surpassed Despicable Me 3 to become the second highest-grossing animated movie of all time in the country, behind Zootopia. As of March 5, 2018, the film's largest markets were China ($189.2 million), Mexico ($57.8 million), France ($32.8 million), South Korea ($25.7 million), the United Kingdom ($23.1 million), Spain ($20.7 million), Argentina ($14.8 million), Italy ($14.2 million) and Germany ($12.1 million). The movie was released in Japan, its final market, on March 16, 2018.

Critical response
On review aggregator website Rotten Tomatoes, the film has an approval rating of 97%, based on 273 reviews, with an average rating of 8.2/10. The site's critical consensus reads, "Coco's rich visual pleasures are matched by a thoughtful narrative that takes a family-friendly—and deeply affecting—approach to questions of culture, family, life, and death." It was the site's highest-rated animated film and ninth highest-rated wide release of 2017. On Metacritic, which assigns a normalized rating to reviews, the film has a weighted average score of 81 out of 100, based on 48 critics, indicating "universal acclaim." Audiences polled by CinemaScore gave the film an average grade of "A+" on an A+ to F scale, one of fewer than 80 films in the history of the service to receive such a score; it was also the sixth Pixar film to earn the rating (with the previous being Up in 2009). It also earned a 95% positive score, including a rare five-out-of-five stars, from comScore, along with a 76% "definite recommend".

Michael Rechtshaffen of The Hollywood Reporter said, "At every imaginative juncture, the filmmakers (the screenplay is credited to Pixar veteran Molina and Matthew Aldrich) create a richly woven tapestry of comprehensively researched storytelling, fully dimensional characters, clever touches both tender and amusingly macabre, and vivid, beautifully textured visuals." Robert Abele of TheWrap praised the film, saying: "If an animated movie is going to offer children a way to process death, it's hard to envision a more spirited, touching and breezily entertaining example than Coco." In his review for Variety, Peter Debruge wrote, "In any case, it works: Coco's creators clearly had the perfect ending in mind before they'd nailed down all the other details, and though the movie drags in places, and features a few too many childish gags... the story's sincere emotional resolution earns the sobs it's sure to inspire." Debruge also described the film as "[An] effective yet hardly exceptional addition to the Pixar oeuvre." Matt Zoller Seitz of RogerEbert.com gave the film four out of four stars, writing that "There's a touch of Japanese master Hayao Miyazaki in the film's matter-of-fact depiction of the dead interacting with the living, as well as its portrayal of certain creatures" such as Dante and Pepita. He concluded his review by stating, "I had some minor quibbles about [Coco] while I was watching it, but I can't remember what they were. This film is a classic."

Peter Travers of Rolling Stone rated the film 3.5 stars out of four, calling it a "loving tribute to Mexican culture", while praising the animation, vocal performances (particularly Gonzalez, Bernal, and Bratt), and its emotional and thematic tone and depth. The Chicago Tribune's Michael Phillips called the film "vividly good, beautifully animated", praising Giacchino's musical score and the songs, as well drawing a comparison to the emotional tone of Inside Out. A. O. Scott of The New York Times praised the film as "a time-tested tune with captivating originality and flair, and with roving, playful pop-culture erudition", and called the film's cultural vibe "inclusive" and "a 21st-century Disney hallmark". Richard Roeper of the Chicago Sun-Times found the film to be "full of life" and deemed it "a bouncy and heart-tugging adventure", while lauding the vocal performances as "fantastic" and "first-rate". Brian Truitt of USA Today described the film as "effervescent, clever and thoughtful," calling it one of "Pixar's most gorgeously animated outings", and "the most musical Pixar film, with a host of catchy tunes". Stephen Whitty of the Newark Star-Ledger wrote that the backgrounds "have a vibrancy, and its atmosphere carries a warmth. And even after it's done, both linger, just a bit—like a perfectly struck guitar chord".