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Mission Produce, Inc. AVO Grower and fruit advances

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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$1.05B+18.0%
Enterprise value$1.22B+12.1%
P/E45.9×+21.7×
P/S0.8×+0.2×

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:AccountsReceivableAfterAllowanceForCreditLossGrowerAndFruitAdvances.

The official record: Mission Produce, Inc.’s 10-Q, filed June 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mission Produce, Inc.'s grower and fruit advances?
Mission Produce, Inc. (AVO) reported grower and fruit advances of $2.7M in Q1 2026.
How has Mission Produce, Inc.'s grower and fruit advances changed year-over-year?
Mission Produce, Inc.'s grower and fruit advances decreased by 28.9% year-over-year, from $3.8M to $2.7M.
What is the long-term trend for Mission Produce, Inc.'s grower and fruit advances?
Over 5 years (2020 to 2025), Mission Produce, Inc.'s grower and fruit advances has grown at a 12.5% compound annual growth rate (CAGR), from $1.5M to $2.7M.
What does grower and fruit advances mean?
This represents funds advanced to third-party growers or suppliers to secure future fruit harvests or agricultural inventory. These advances are essentially prepayments that ensure supply chain stability and preferential access to produce. It reflects the company's capital commitment to its sourcing network and the associated counterparty risk.