Mission Produce Quarterly Income Statement
NASDAQ: AVOConsumer StaplesFarming/Seeds/MillingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Mission Produce revenue and earnings
In the quarter ended Jul 31, 2026, Mission Produce generated $450.0 million in revenue, up 25.8% from the same quarter a year earlier. Mission Produce reported a net loss of $6.5 million, compared with net income of $14.7 million a year earlier. Gross margin was 9.9% (down from 12.6%) and operating margin 0.1%.
Diluted earnings per share came in at -$0.08, down from $0.21.
Summary generated from market data by MetaCap's automated system. Methodology
Mission Produce income statement (quarterly)
| Quarter (USD) | Q3 20262026-07-31 | Q2 20262026-04-30 | Q1 20262026-01-31 | Q4 20252025-10-31 | Q3 20252025-07-31 | Q2 20252025-04-30 | Q1 20252025-01-31 | Q4 20242024-10-31 | Q3 20242024-07-31 | Q2 20242024-04-30 | Q1 20242024-01-31 | Q4 20232023-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 450.00M | 290.90M | 278.60M | 319.00M | 357.70M | 380.30M | 334.20M | 354.40M | 324.00M | 297.60M | 258.70M | 257.90M |
| Revenue growth (YoY) | +25.80% | -23.51% | -16.64% | -9.99% | +10.40% | +27.79% | +29.18% | +37.42% | +23.95% | +34.60% | +21.17% | +8.36% |
| Cost of Revenue | 405.30M | 270.40M | 247.00M | 263.30M | 312.60M | 351.90M | 302.70M | 298.60M | 287.00M | 266.60M | 230.00M | 230.10M |
| Gross Profit | 44.70M | 20.50M | 31.60M | 55.70M | 45.10M | 28.40M | 31.50M | 55.80M | 37.00M | 31.00M | 28.70M | 27.80M |
| Operating Expenses | 44.20M | 27.50M | 29.10M | 27.70M | 24.10M | 21.50M | 22.20M | 27.20M | 20.20M | 18.70M | 20.70M | 20.60M |
| Selling, General & Admin | 31.60M | 21.10M | 29.10M | 28.00M | 24.00M | 21.40M | 22.20M | 27.20M | 20.20M | 18.70M | 20.70M | 20.60M |
| Operating Income | 500.00K | -7.00M | 2.50M | 28.00M | 21.00M | 6.90M | 9.30M | 28.60M | 16.80M | 12.30M | 8.00M | 7.20M |
| Interest Expense | 5.10M | 1.90M | 1.70M | 2.30M | 2.40M | 2.50M | 2.20M | 2.70M | 3.20M | 3.40M | 3.30M | 3.30M |
| Other Income (Expense) | -2.50M | -1.10M | -1.30M | 600.00K | -800.00K | -600.00K | 1.50M | 2.30M | 1.30M | 1.00M | -1.00M | 1.10M |
| Pretax Income | -5.20M | -8.70M | 1.00M | 28.00M | 19.80M | 4.70M | 9.40M | 29.30M | 16.60M | 10.40M | 4.10M | 5.80M |
| Income Tax | 600.00K | -1.30M | 1.10M | 11.20M | 5.30M | 1.70M | 3.20M | 8.60M | 4.50M | 3.40M | 2.10M | -200.00K |
| Net Income | -6.50M | -7.20M | -700.00K | 16.00M | 14.70M | 3.10M | 3.90M | 17.30M | 12.40M | 7.00M | 0 | 4.00M |
| Net Income growth (YoY) | -144.22% | -332.26% | -117.95% | -7.51% | +18.55% | -55.71% | — | +332.50% | +87.88% | — | — | — |
| EPS (Basic) | -0.08 | -0.10 | -0.01 | 0.22 | 0.21 | 0.04 | 0.06 | 0.25 | 0.17 | 0.10 | 0.00 | 0.06 |
| EPS (Diluted) | -0.08 | -0.10 | -0.01 | 0.23 | 0.21 | 0.04 | 0.05 | 0.25 | 0.17 | 0.10 | 0.00 | 0.06 |
| Shares Outstanding (Basic) | 82.85M | 70.78M | 70.64M | — | 70.62M | 70.88M | 70.96M | — | 70.91M | 70.86M | 70.76M | — |
| Shares Outstanding (Diluted) | 82.85M | 70.78M | 70.64M | — | 71.04M | 71.11M | 71.38M | — | 71.08M | 71.00M | 70.76M | — |
| EBITDA | 15.40M | -300.00K | 11.70M | 38.50M | 29.40M | 13.90M | 18.00M | 38.80M | 25.70M | 18.00M | 20.90M | 17.20M |
| Gross Margin | 9.93% | 7.05% | 11.34% | 17.46% | 12.61% | 7.47% | 9.43% | 15.74% | 11.42% | 10.42% | 11.09% | 10.78% |
| Operating Margin | 11.00% | -2.41% | 90.00% | 8.78% | 5.87% | 1.81% | 2.78% | 8.07% | 5.19% | 4.13% | 3.09% | 2.79% |
| Net Margin | -144.00% | -2.48% | -25.00% | 5.02% | 4.11% | 82.00% | 117.00% | 4.88% | 3.83% | 2.35% | 0.00% | 1.55% |
This table shows 12 quarterly periods of Mission Produce's income statement, from Q3 2026 back to Q4 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AVO's reporting calendar. What is a income statement?