Mission Produce, Inc. income statement
In fiscal 2025, Mission Produce, Inc. reported revenue of $1.39bn, up 12.7% on the year before, operating income of $65.2m (a 4.7% margin) and net income of $37.7m, or $0.53 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Oct 2019 | 2020Oct 2020 | 2021Oct 2021 | 2022Oct 2022 | 2023Oct 2023 | 2024Oct 2024 | 2025Oct 2025 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 883 | 862 | 892 | 1,046 | 954 | 1,235 | 1,391 | 1,339 |
| Cost of revenue | 729 | 738 | 767 | 956 | 871 | 1,082 | 1,231 | 1,186 |
| Gross profit | 155 | 125 | 125 | 90 | 83 | 153 | 161 | 153 |
| Selling, general and administrative | 48 | 56 | 64 | 78 | 76 | 87 | 96 | 110 |
| Operating income | 107 | 68 | 61 | −37 | 7 | 66 | 65 | 24 |
| Interest expense | 10 | 7 | 4 | 6 | 12 | 13 | 9 | 11 |
| Income before tax | 96 | 44 | 66 | −31 | −1 | 60 | 62 | 15 |
| Income tax | 24 | 15 | 21 | 4 | 2 | 19 | 21 | 12 |
| Net income | 72 | 29 | 45 | −35 | −3 | 37 | 38 | 2 |
| Diluted EPS | $1.13 | $0.45 | $0.63 | −$0.49 | −$0.04 | $0.52 | $0.53 | $0.02 |
| Diluted shares (average) | 63m | 64m | 71m | 71m | 71m | 71m | 71m | 74m |
| EBITDA | 123 | 87 | 81 | −12 | 40 | 103 | 100 | 65 |
| Quarter | 2024 Q4Oct 2024 | 2025 Q1Jan 2025 | 2025 Q2Apr 2025 | 2025 Q3Jul 2025 | 2025 Q4Oct 2025 | 2026 Q1Jan 2026 | 2026 Q2Apr 2026 | 2026 Q3Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 354 | 334 | 380 | 358 | 319 | 279 | 291 | 450 |
| Cost of revenue | 299 | 303 | 352 | 313 | 263 | 247 | 270 | 405 |
| Gross profit | 56 | 32 | 28 | 45 | 56 | 32 | 21 | 45 |
| Selling, general and administrative | 27 | 22 | 21 | 24 | 28 | 29 | 21 | 32 |
| Operating income | 29 | 9 | 7 | 21 | 28 | 3 | −7 | 1 |
| Interest expense | 3 | 2 | 3 | 2 | 2 | 2 | 2 | 5 |
| Income before tax | 29 | 9 | 5 | 20 | 28 | 1 | −9 | −5 |
| Income tax | 9 | 3 | 2 | 5 | 11 | 1 | −1 | 1 |
| Net income | 17 | 4 | 3 | 15 | 16 | −1 | −7 | −7 |
| Diluted EPS | $0.25 | $0.05 | $0.04 | $0.21 | $0.23 | −$0.01 | −$0.10 | −$0.08 |
| EBITDA | 39 | 18 | 14 | 29 | 39 | 12 | −0 | 15 |
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