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Middleby MIDD Operating Income

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Other financials

Income statement

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Revenue$839.9M+15.0%
Gross profit$323.2M+10.5%
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:OperatingIncomeLoss.

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
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)
Other (income)/expense, net(2,621)960
Earnings from continuing operations before income taxes112,924111,256

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Middleby's operating income?
Middleby (MIDD) reported operating income of $133.35M in Q1 2026.
How has Middleby's operating income changed year-over-year?
Middleby's operating income increased by 3.0% year-over-year, from $129.52M to $133.35M.
What is the long-term trend for Middleby's operating income?
Over 4 years (2021 to 2025), Middleby's operating income has grown at a -2.7% compound annual growth rate (CAGR), from $629.99M to $563.81M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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