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Middleby MIDD Asia — Revenue from Contract with Customer, Excluding Assessed Tax

Other geography segments

United States and Canada
$563.32M+11.1%
Europe and Middle East
$169.48M+23.9%
Latin America
$49.51M+43.7%

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Other financials

Income statement

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Revenue$839.9M+15.0%
Gross profit$323.2M+10.5%
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

Reported directly by Middleby in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Three Months Ended April 4, 2026Commercial FoodserviceFood ProcessingTotal
United States and Canada$448,280$115,042$563,322
Asia46,72710,87057,597
Europe and Middle East97,61671,868169,484
Latin America22,91326,59249,505
Total$615,536$224,372$839,908
Three Months Ended March 29, 2025
United States and Canada$413,860$93,163$507,023
Asia48,7153,70452,419

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Middleby's asia — revenue from contract with customer, excluding assessed tax?
Middleby (MIDD) reported asia — revenue from contract with customer, excluding assessed tax of $57.6M in Q1 2026.
How has Middleby's asia — revenue from contract with customer, excluding assessed tax changed year-over-year?
Middleby's asia — revenue from contract with customer, excluding assessed tax increased by 9.9% year-over-year, from $52.42M to $57.6M.
What is the long-term trend for Middleby's asia — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), Middleby's asia — revenue from contract with customer, excluding assessed tax has grown at a 1.4% compound annual growth rate (CAGR), from $233.23M to $246.09M.
What does asia — revenue from contract with customer, excluding assessed tax mean?
This metric represents the total gross revenue generated from the sale of goods and services to customers within the Asia geographic region, net of any sales-related taxes. It reflects the market demand for the company's commercial and residential kitchen equipment in this specific territory. This figure is a primary indicator of the company's regional market penetration and commercial success.

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