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Middleby MIDD Food Processing Group — Cost of Sales

Other segment segments

Commercial Foodservice Equipment Group
$369.16M+11.7%
Corporate Segment and Other Operating Segment
$590K-8.8%

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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$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 food processing group — cost of sales?
Middleby (MIDD) reported food processing group — cost of sales of $146.96M in Q1 2026.
How has Middleby's food processing group — cost of sales changed year-over-year?
Middleby's food processing group — cost of sales increased by 37.4% year-over-year, from $106.95M to $146.96M.
What is the long-term trend for Middleby's food processing group — cost of sales?
Over 3 years (2022 to 2025), Middleby's food processing group — cost of sales has grown at a 12.8% compound annual growth rate (CAGR), from $377.39M to $541.28M.
What does food processing group — cost of sales mean?
The direct costs attributable to the production and delivery of food processing equipment, including raw materials, direct labor, and manufacturing overhead. This metric is essential for calculating the gross margin of the segment. It reflects the efficiency of the supply chain and production processes.