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Mission Produce, Inc.

AVO

Mission Produce is a global leader in the avocado industry, specializing in the farming, packaging, marketing, and distribution of avocados to retail, wholesale, and foodservice customers.

Market cap
$1.09B+21.1%
Revenue$1.3B-6.2%
Net income$1.6M-95.9%
Free cash flow-$2.3M-118%
EPS (diluted)$0.04-92.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Dec 17, 2026 (in 3 months)
Revenue estimate$434.6M
EPS estimate$0.33

Financials

Q3 2026

Income statement

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Revenue$450.0M+25.8%
Gross profit$44.7M-0.9%
Operating income$500.0K-97.6%
Net income-$6.5M-144%
EPS (diluted)-$0.08-138%

Balance sheet

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Cash & equivalents$48.3M+3.6%
Total debt$503.2M+117%
Total equity$764.0M+34.3%
Total assets$1.6B+60.3%

Cash flow

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Operating cash flow-$4.9M-114%
CapEx$9.1M-22.9%
Free cash flow-$14.0M-162%

Valuation & ratios

Valuation

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Market cap$1.09B+21.1%
Enterprise value$1.55B+42.3%
P/E683.3×+660×
P/S0.8×+0.2×

Profitability

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Gross margin11.4%+0.1pp
Operating margin1.8%-2.8pp
Net margin0.1%-2.6pp
FCF margin-0.2%-1.1pp

Returns & leverage

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Return on equity0.2%-6.9pp
Debt / equity0.7×+0.3×
Current ratio1.9×-0.1×

Segments

By segment

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Marketing & Distribution$414.3M+20.4%
International Farming$45.8M-6.5%
Prepared Foods$15.5M
Blueberries$5.4M

By product

See full
Avocado$398.2M+21.8%
Mango$24.2M+6.1%
Other$6.7M+97.1%
Blueberry$5.4M+20.0%

Competitors

Profile

Mission Produce is a global leader in the avocado industry, specializing in the farming, packaging, marketing, and distribution of avocados to retail, wholesale, and foodservice customers. The company operates a vertically integrated supply chain with sourcing operations across multiple continents and a strategic network of ripening and distribution centers. Its core value proposition centers on year-round supply reliability, custom ripening programs, and value-added services like category management and specialized packaging.

Competitive position

A leading global producer and distributor of avocados with a highly integrated supply chain and year-round sourcing capabilities.

GeographiesUnited States, Mexico, Peru, Guatemala, Colombia, Europe, United Kingdom, China
Customer segmentsRetail, Wholesale, Foodservice
Business modelVertically integrated producer, Wholesale distribution, Value-added services
SuppliersThird-party avocado growers, Agricultural land owners, Fertilizer and pesticide suppliers, Logistics and transportation providers (ocean, air, rail, truck)
CustomersGrocery retail chains, Restaurant groups, Foodservice providers, Produce wholesalers
Listed2020
Employees3.3K
CEOJohn Pawlowski
FilingsSEC EDGAR

FAQ

What is Mission Produce, Inc.'s market cap?
Mission Produce, Inc. (AVO) has a market capitalization of $1.1B and trades on NASDAQ.
What is Mission Produce, Inc.'s revenue and profitability?
Mission Produce, Inc. generated $1.3B in trailing twelve-month revenue with net income of $1.6M, representing a net margin of 0.1%. Gross margin stands at 11.4%, with free cash flow of -$2.3M. The latest reported period is Q3 2026.
Who are Mission Produce, Inc.'s competitors?
Mission Produce, Inc.'s key competitors include Dole PLC, Edible Garden AG Incorporated Common Stock, Hormel Foods Corporation, and others. These companies compete in similar markets and product categories.
Who does Mission Produce, Inc. partner with?
Mission Produce, Inc.'s notable partners include Hass Avocado Board, California Avocado Commission, Avocados from Mexico.
What subsidiaries does Mission Produce, Inc. have?
Mission Produce, Inc.'s subsidiaries include Moruga.
Where is Mission Produce, Inc. headquartered?
Mission Produce, Inc. is headquartered in United States of America and employs approximately 3,300 people. It has been publicly traded since 2020.