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

Other segment segments

Blueberry
$18.6M+1,760%
Marketing & Distribution
-$3.8M-150%
Blueberries
$700K+16.7%

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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 international farming — segment operating (loss) income?
Mission Produce, Inc. (AVO) reported international farming — segment operating (loss) income of -$3.9M in Q1 2026.
How has Mission Produce, Inc.'s international farming — segment operating (loss) income changed year-over-year?
Mission Produce, Inc.'s international farming — segment operating (loss) income decreased by 200.0% year-over-year, from -$1.3M to -$3.9M.
What does international farming — segment operating (loss) income mean?
Represents the profit or loss generated by the International Farming segment after accounting for both cost of sales and operating expenses. This is the primary measure of the segment's core operational profitability before interest and taxes. It allows stakeholders to evaluate the segment's ability to generate sustainable returns from its farming activities.

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