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Mission Produce, Inc. AVO Q3 2026 earnings

Reported September 8, 2026 · After market close

Revenue$450.0MBeat by $82.4M
EPS$0.18Beat by $0.06
Revenue estimate$367.6M
EPS estimate$0.12
Our third-quarter results demonstrate the strength of our business and the team's continued focus on operational execution. Performance benefited from solid results in Marketing & Distribution, stronger-than-forecast contributions from International Farming, and encouraging results from Calavo. We are also seeing the benefits of our commercial execution, with meaningful year-to-date U.S. retail market share growth for the legacy Mission business, reflecting our ability to reliably support customer programs through dynamic supply conditions.
John Pawlowski

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

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

Valuation & ratios

Valuation

as of 09/17/26
See full
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%

FAQ

When did Mission Produce, Inc. report Q3 2026 earnings?
Mission Produce, Inc. (AVO) reported Q3 2026 earnings on September 8, 2026 after market close.
What were Mission Produce, Inc.'s Q3 2026 revenue and EPS?
Mission Produce, Inc. reported revenue of $450.0M and eps of $0.18 for Q3 2026.
Did Mission Produce, Inc. beat estimates in Q3 2026?
Revenue beat the consensus estimate of $367.6M by $82.4M. EPS beat the consensus estimate of $0.12 by $0.06.
How did Mission Produce, Inc.'s Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 25.8% from $357.7M a year earlier and eps declined 30.8% from $0.26.
Where can I find Mission Produce, Inc.'s Q3 2026 SEC filings?
You can read the 8-K earnings release (0001802974-26-000042) and the 10-Q periodic report (0001802974-26-000043) directly on SEC EDGAR. The filing index links above go to sec.gov.