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Mission Produce, Inc. AVO International Farming — Goodwill, impairment loss

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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 us-gaap:GoodwillImpairmentLoss.

The source filing: Mission Produce, Inc.’s 10-Q, filed March 12, 2026.

Filed
Mar 11, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001802974-26-000022

The carrying amounts of goodwill as of both January 31, 2026 and October 31, 2025 were net of accumulated impairment losses of $49.5 million, attributable to the International Farming segment. Goodwill is tested for impairment on an annual basis in the fourth quarter, or when an event or changes in circumstances indicate that its carrying value may not be recoverable.

Item 1. Financial Statements

FAQ

What is Mission Produce, Inc.'s international farming — goodwill, impairment loss?
Mission Produce, Inc. (AVO) reported international farming — goodwill, impairment loss of $49.5M in Q4 2025.
How has Mission Produce, Inc.'s international farming — goodwill, impairment loss changed year-over-year?
Mission Produce, Inc.'s international farming — goodwill, impairment loss decreased by 0.0% year-over-year, from $49.5M to $49.5M.
What does international farming — goodwill, impairment loss mean?
Reflects the non-cash charge recognized when the carrying amount of goodwill associated with the International Farming segment exceeds its implied fair value. This indicates a decline in the expected future performance or profitability of the segment's farming assets. Investors use this to identify potential overvaluation of past acquisitions or structural challenges in the segment's business model.

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