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Middleby MIDD Gross Profit

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Other financials

Income statement

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Revenue$839.9M+15.0%
Operating income$133.4M+3.0%
Net income-$50.1M-154%
EPS (diluted)-$1.06-163%

Balance sheet

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Cash & equivalents$177.1M-76.2%
Total debt$1.9B+131%
Total equity$2.4B-36.3%
Total assets$5.4B-26.7%

Cash flow

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Operating cash flow$65.6M-53.5%
CapEx$7.9M-70.0%
Free cash flow$57.7M-49.7%

Valuation

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Market cap$6.12B-3.3%
Enterprise value$7.84B+18.1%
P/S1.9×-0.2×

Profitability

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Gross margin31.3%-0.4pp
Operating margin17.1%-3.2pp
Net margin-12.7%-26.6pp
FCF margin15.2%-5.2pp

Returns & leverage

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Return on equity-13.8%-26.1pp
Debt / equity0.8×+0.6×
Current ratio-0.8×

Where this comes from

Calculated from Middleby’s reported figures.

The source filing: Middleby’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000769520-26-000032
Line itemThree Months Ended / Apr 4, 2026Mar 29, 2025
Net sales$839,908$730,623
Cost of sales516,718438,045
Gross profit323,190292,578
Selling, general and administrative expenses188,297161,809
Restructuring expenses1,5391,248
Income from continuing operations133,354129,521
Interest expense and deferred financing amortization, net25,48018,821
Net periodic pension benefit(2,429)(1,516)

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Middleby's gross profit?
Middleby (MIDD) reported gross profit of $323.19M in Q1 2026.
How has Middleby's gross profit changed year-over-year?
Middleby's gross profit increased by 10.5% year-over-year, from $292.58M to $323.19M.
What is the long-term trend for Middleby's gross profit?
Over 4 years (2021 to 2025), Middleby's gross profit has grown at a -4.2% compound annual growth rate (CAGR), from $1.19B to $1.01B.
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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