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Middleby MIDD Commercial Foodservice Equipment Group — Cost of Sales

Other segment segments

Food Processing Group
$146.96M+37.4%
Corporate Segment and Other Operating Segment
$590K-8.8%

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$2.77B+10.6%
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$393.34M+46.2%
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CASYPrepared food & dispensed beverage — Cost of goods sold (exclusive of depreciation and amortization, shown separately below)
$173.39M+4.9%

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$7.79B-7.9%
Enterprise value$9.51B+15.1%
P/S2.4×-0.4×

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:CostOfGoodsAndServicesSold.

The official record: Middleby’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Middleby's commercial foodservice equipment group — cost of sales?
Middleby (MIDD) reported commercial foodservice equipment group — cost of sales of $369.16M in Q1 2026.
How has Middleby's commercial foodservice equipment group — cost of sales changed year-over-year?
Middleby's commercial foodservice equipment group — cost of sales increased by 11.7% year-over-year, from $330.45M to $369.16M.
What is the long-term trend for Middleby's commercial foodservice equipment group — cost of sales?
Over 3 years (2022 to 2025), Middleby's commercial foodservice equipment group — cost of sales has grown at a -1.8% compound annual growth rate (CAGR), from $1.49B to $1.41B.
What does commercial foodservice equipment group — cost of sales mean?
The direct costs associated with producing and delivering the commercial foodservice equipment sold during the period. This includes raw materials, direct labor, and manufacturing overhead directly attributable to the production process.