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Mission Produce, Inc. AVO Blueberries — Segment operating (loss) income

Other segment segments

Blueberry
$18.6M+1,760%
International Farming
-$3.9M-200%
Marketing & Distribution
-$3.8M-150%

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Other financials

Income statement

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Revenue$290.9M-23.5%
Gross profit$20.5M-27.8%
Operating income-$7.0M-201%
Net income-$7.2M-332%
EPS (diluted)-$0.10-350%

Balance sheet

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Cash & equivalents$35.1M-10.0%
Total debt$211.3M-12.9%
Total equity$578.6M+4.8%
Total assets$1.0B-0.2%

Cash flow

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Operating cash flow-$18.0M-52.5%
CapEx$11.0M-16.7%
Free cash flow-$29.0M-16.0%

Valuation

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Market cap$1.17B+33.1%
Enterprise value$1.34B+26.5%
P/E51.1×+28.7×
P/S0.9×+0.3×

Profitability

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Gross margin12.3%+1.3pp
Operating margin3.6%-0.9pp
Net margin1.8%-0.8pp
FCF margin2.8%+1.0pp

Returns & leverage

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Return on equity4%-2.9pp
Debt / equity0.4×-0.1×
Current ratio1.9×-0.1×

Where this comes from

Reported directly by Mission Produce, Inc. in its filing.

Tagged under the XBRL concept avo:OperatingIncomeLossGross.

The source filing: Mission Produce, Inc.’s 10-Q, filed June 8, 2026.

Filed
Jun 8, 2026, 4:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001802974-26-000033
(In millions)Marketing & DistributionInternational FarmingBlueberriesTotal
Segment selling, general and administrative expenses(2)24.72.50.4
Segment operating (loss) income(3.8)(3.9)0.7(7.0)
Interest expense(1.9)
Equity method income1.3
Other expense, net(1.1)
Loss before income taxes$(8.7)
Three months ended April 30, 2025:
Third-party sales$362.5$2.1$15.7$380.3

Item 1. Financial Statements

FAQ

What is Mission Produce, Inc.'s blueberries — segment operating (loss) income?
Mission Produce, Inc. (AVO) reported blueberries — segment operating (loss) income of $700K in Q1 2026.
What does blueberries — segment operating (loss) income mean?
Reflects the profitability of the blueberry segment after accounting for both cost of sales and operating expenses. It provides a clear view of the segment's core operational performance before interest and taxes. This metric is critical for determining the segment's contribution to the overall company's bottom line.

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