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Middleby MIDD Food Processing Group — Other Expenses

Other segment segments

Commercial Foodservice Equipment Group
$87.97M+8.8%
Corporate Segment and Other Operating Segment
$18.61M-3.9%

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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:OtherExpenses.

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 ProcessingCorporate and Other(2)Total
Net sales$615,536$224,372$839,908
Cost of sales369,164146,964590516,718
Other segment items(3)87,97235,98518,610142,567
Segment adjusted EBITDA(4)158,40041,423(19,200)180,623
Depreciation expense(5)7,2443,70555111,500
Amortization expense(6)10,6232,72162513,969
Net capital expenditures4,2143,3293967,939
Three Months Ended March 29, 2025

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Middleby's food processing group — other expenses?
Middleby (MIDD) reported food processing group — other expenses of $35.99M in Q1 2026.
How has Middleby's food processing group — other expenses changed year-over-year?
Middleby's food processing group — other expenses increased by 16.5% year-over-year, from $30.89M to $35.99M.
What is the long-term trend for Middleby's food processing group — other expenses?
Over 3 years (2022 to 2025), Middleby's food processing group — other expenses has grown at a 18.6% compound annual growth rate (CAGR), from $82.44M to $137.35M.
What does food processing group — other expenses mean?
Operating expenses incurred by the segment that are not directly tied to the cost of goods sold, such as selling, general, and administrative (SG&A) costs, research and development, and other overheads. These expenses represent the cost of supporting the segment's operations and growth initiatives. Monitoring this helps assess the operating leverage of the business unit.

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