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Other financials

Income statement

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Revenue$290.9M-23.5%
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$1.11B+33.1%
Enterprise value$1.29B+26.5%
P/E48.7×+27.3×
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

Calculated from Mission Produce, Inc.’s reported figures.

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, except for per share amounts)Three Months Ended April 30, 2026Three Months Ended April 30, 2025Six Months Ended April 30, 2026Six Months Ended April 30, 2025
Net sales$290.9$380.3$569.5$714.5
Cost of sales270.4351.9517.4654.6
Gross profit20.528.452.159.9
Selling, general and administrative expenses21.121.443.243.5
Transaction advisory costs6.40.113.40.2
Operating (loss) income(7.0)6.9(4.5)16.2
Interest expense(1.9)(2.5)(3.6)(4.7)
Equity method income1.30.92.81.7

Item 1. Financial Statements

FAQ

What is Mission Produce, Inc.'s gross profit?
Mission Produce, Inc. (AVO) reported gross profit of $20.5M in Q1 2026.
How has Mission Produce, Inc.'s gross profit changed year-over-year?
Mission Produce, Inc.'s gross profit decreased by 27.8% year-over-year, from $28.4M to $20.5M.
What is the long-term trend for Mission Produce, Inc.'s gross profit?
Over 4 years (2021 to 2025), Mission Produce, Inc.'s gross profit has grown at a 6.6% compound annual growth rate (CAGR), from $124.5M to $160.7M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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