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Mission Produce, Inc. AVO International Farming — Segment selling, general and administrative expenses

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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:SellingGeneralAndAdministrativeExpensesEmployeeRelatedExpenses.

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 selling, general and administrative expenses?
Mission Produce, Inc. (AVO) reported international farming — segment selling, general and administrative expenses of $2.5M in Q1 2026.
How has Mission Produce, Inc.'s international farming — segment selling, general and administrative expenses changed year-over-year?
Mission Produce, Inc.'s international farming — segment selling, general and administrative expenses increased by 38.9% year-over-year, from $1.8M to $2.5M.
What does international farming — segment selling, general and administrative expenses mean?
Includes the indirect operating costs required to support the International Farming segment, such as administrative salaries, overhead, and marketing efforts. These expenses represent the fixed and variable costs of managing the segment's business operations outside of direct production. Tracking these costs is vital for assessing the operational leverage and management efficiency of the segment.

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