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Mission Produce, Inc. AVO Operating Income

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Other financials

Income statement

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Revenue$290.9M-23.5%
Gross profit$20.5M-27.8%
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

Reported directly by Mission Produce, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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
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
Other (expense) income, net(1.1)(0.6)(2.4)0.9
(Loss) income before income taxes(8.7)4.7(7.7)14.1

Item 1. Financial Statements

FAQ

What is Mission Produce, Inc.'s operating income?
Mission Produce, Inc. (AVO) reported operating income of -$7M in Q1 2026.
How has Mission Produce, Inc.'s operating income changed year-over-year?
Mission Produce, Inc.'s operating income decreased by 201.4% year-over-year, from $6.9M to -$7M.
What is the long-term trend for Mission Produce, Inc.'s operating income?
Over 4 years (2021 to 2025), Mission Produce, Inc.'s operating income has grown at a 1.7% compound annual growth rate (CAGR), from $60.9M to $65.2M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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