Mission Produce, Inc. (AVO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 290.9M | 278.6M | 319M | 357.7M | 380.3M | 334.2M | 354.4M | 324M | 297.6M | 258.7M | 257.9M | 261.4M | 221.1M | 213.5M | 238M | 313.2M | 278.1M | 216.6M | 237M | 246.8M |
| Revenue Growth % | -23.51% | -16.64% | -9.99% | 10.4% | 27.79% | 29.18% | 37.42% | 23.95% | 34.6% | 21.17% | 8.36% | -16.54% | -20.5% | -1.43% | 0.42% | 26.9% | 18.49% | 25.06% | 14.6% | 4.4% |
| Cost of Goods Sold | 270.4M | 247M | 263.3M | 312.6M | 351.9M | 302.7M | 298.6M | 287M | 266.8M | 230M | 230.1M | 233M | 203M | 204.5M | 211.1M | 270.6M | 258.3M | 216.1M | 203.2M | 205.9M |
| COGS % of Revenue | 92.95% | 88.66% | 82.54% | 87.39% | 92.53% | 90.57% | 84.26% | 88.58% | 89.65% | 88.91% | 89.22% | 89.14% | 91.81% | 95.78% | 88.7% | 86.4% | 92.88% | 99.77% | 85.74% | 83.43% |
| Gross Profit | 20.5M | 31.6M | 55.7M | 45.1M | 28.4M | 31.5M | 55.8M | 37M | 31M | 28.7M | 27.8M | 28.4M | 18.1M | 9M | 26.9M | 42.6M | 19.8M | 500K | 33.8M | 40.9M |
| Gross Margin % | 7.05% | 11.34% | 17.46% | 12.61% | 7.47% | 9.43% | 15.74% | 11.42% | 10.42% | 11.09% | 10.78% | 10.86% | 8.19% | 4.22% | 11.3% | 13.6% | 7.12% | 0.23% | 14.26% | 16.57% |
| Gross Profit Growth % | -27.82% | 0.32% | -0.18% | 21.89% | -8.39% | 9.76% | 100.72% | 30.28% | 71.27% | 218.89% | 3.35% | -33.33% | -8.59% | 1700% | -20.41% | 4.16% | -26.94% | -97.8% | -14.43% | -7.47% |
| Operating Expenses | 21.1M | 22.1M | 27.7M | 24.1M | 21.5M | 22.2M | 27.2M | 20.2M | 18.7M | 20.7M | 20.6M | 17.4M | 19.3M | 19.1M | 19.5M | 20.6M | 18.7M | 18.7M | 15.5M | 17.2M |
| OpEx % of Revenue | 7.25% | 7.93% | 8.68% | 6.74% | 5.65% | 6.64% | 7.67% | 6.23% | 6.28% | 8% | 7.99% | 6.66% | 8.73% | 8.95% | 8.19% | 6.58% | 6.72% | 8.63% | 6.54% | 6.97% |
| Selling, General & Admin | 14.1M | 29.1M | 27.7M | 24.1M | 21.5M | 22.2M | 26.7M | 20.2M | 17.9M | 20.7M | 20.6M | 17.4M | 19.3M | 19.1M | 19.5M | 20.6M | 18.7M | 18.7M | 15.5M | 17.2M |
| SG&A % of Revenue | 4.85% | 10.45% | 8.68% | 6.74% | 5.65% | 6.64% | 7.53% | 6.23% | 6.01% | 8% | 7.99% | 6.66% | 8.73% | 8.95% | 8.19% | 6.58% | 6.72% | 8.63% | 6.54% | 6.97% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | 0 | 0 | 0 | 0 | 500K | 0 | 800K | 0 | 0 | -100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -600K | 9.5M | 34.3M | 21M | 6.9M | 9.3M | 28.6M | 16.8M | 12.3M | 8M | 7.2M | 11M | -200K | -10.1M | 9.7M | 15.7M | 1.1M | -18.2M | 18.3M | 23.7M |
| Operating Margin % | -0.21% | 3.41% | 10.75% | 5.87% | 1.81% | 2.78% | 8.07% | 5.19% | 4.13% | 3.09% | 2.79% | 4.21% | -0.09% | -4.73% | 4.08% | 5.01% | 0.4% | -8.4% | 7.72% | 9.6% |
| Operating Income Growth % | -108.7% | 2.15% | 19.93% | 25% | -43.9% | 16.25% | 297.22% | 52.73% | 6250% | 179.21% | -25.77% | -29.94% | -118.18% | 44.51% | -46.99% | -33.76% | -89.81% | -324.69% | -19.38% | -22.8% |
| EBITDA | 6.1M | 18.7M | 44.8M | 29.4M | 13.9M | 18M | 38.8M | 25.7M | 18M | 20.9M | 17.2M | 20.1M | 8.4M | 600K | 18.7M | 24.2M | 8M | -12.5M | 29.3M | 29.8M |
| EBITDA Margin % | 2.1% | 6.71% | 14.04% | 8.22% | 3.65% | 5.39% | 10.95% | 7.93% | 6.05% | 8.08% | 6.67% | 7.69% | 3.8% | 0.28% | 7.86% | 7.73% | 2.88% | -5.77% | 12.36% | 12.07% |
| EBITDA Growth % | -56.12% | 3.89% | 15.46% | 14.4% | -22.78% | -13.88% | 125.58% | 27.86% | 114.29% | 3383.33% | -8.02% | -16.94% | 5% | 104.8% | -36.18% | -18.79% | -45.95% | -206.84% | 3.9% | -17.69% |
| D&A (Non-Cash Add-back) | 6.7M | 9.2M | 10.5M | 8.4M | 7M | 8.7M | 10.2M | 8.9M | 5.7M | 12.9M | 10M | 9.1M | 8.6M | 10.7M | 9M | 8.5M | 6.9M | 5.7M | 11M | 6.1M |
| EBIT | -600K | 9.5M | 30.3M | 22.2M | 7.2M | 11.6M | 32M | 19.8M | 13.8M | 7.4M | 7.2M | 11.7M | -200K | -9.9M | -39.8M | 24.8M | 4.3M | -15M | 23.7M | 23.7M |
| Net Interest Income | -1.2M | -1.4M | -2M | -2.2M | -1.6M | -1.9M | -2.3M | -2.8M | -2.4M | -3M | -3.1M | -3M | -1.8M | -2.2M | -1.8M | -1.2M | 0 | -800K | -700K | -700K |
| Interest Income | 700K | 300K | 300K | 200K | 900K | 300K | 400K | 400K | 1M | 300K | 200K | 200K | 900K | 200K | 200K | 300K | 1.1M | 100K | 300K | 300K |
| Interest Expense | 1.9M | 1.7M | 2.3M | 2.4M | 2.5M | 2.2M | 2.7M | 3.2M | 3.4M | 3.3M | 3.3M | 3.2M | 2.7M | 2.4M | 2M | 1.5M | 1.1M | 900K | 1M | 1M |
| Other Income/Expense | -8.1M | -8.5M | -6.3M | -1.2M | -2.2M | 100K | 700K | -200K | -1.9M | -3.9M | -1.4M | -2.5M | -1.7M | -2.2M | 300K | 1.3M | 2.1M | 2.3M | 4.4M | 600K |
| Pretax Income | -8.7M | 1M | 28M | 19.8M | 4.7M | 9.4M | 29.3M | 16.6M | 10.4M | 4.1M | 5.8M | 8.5M | -2.9M | -12.3M | -41.8M | 23.3M | 3.2M | -15.9M | 22.7M | 24.3M |
| Pretax Margin % | -2.99% | 0.36% | 8.78% | 5.54% | 1.24% | 2.81% | 8.27% | 5.12% | 3.49% | 1.58% | 2.25% | 3.25% | -1.31% | -5.76% | -17.56% | 7.44% | 1.15% | -7.34% | 9.58% | 9.85% |
| Income Tax | -1.3M | 1.1M | 11.2M | 5.3M | 1.7M | 3.2M | 8.6M | 4.5M | 3.4M | 2.1M | -200K | 2.3M | 1.8M | -1.7M | 0 | 5.4M | 800K | -2.5M | 5.8M | 5.9M |
| Effective Tax Rate % | 14.94% | 110% | 40% | 26.77% | 36.17% | 34.04% | 29.35% | 27.11% | 32.69% | 51.22% | -3.45% | 27.06% | -62.07% | 13.82% | 0% | 23.18% | 25% | 15.72% | 25.55% | 24.28% |
| Net Income | -7.2M | -700K | 16M | 14.7M | 3.1M | 3.9M | 17.3M | 12.4M | 7M | 2M | 3.7M | 6.6M | -4.7M | -10.6M | -91.2M | 18.4M | 2.4M | -13.4M | 16.9M | 18.4M |
| Net Margin % | -2.48% | -0.25% | 5.02% | 4.11% | 0.82% | 1.17% | 4.88% | 3.83% | 2.35% | 0.77% | 1.43% | 2.52% | -2.13% | -4.96% | -38.32% | 5.87% | 0.86% | -6.19% | 7.13% | 7.46% |
| Net Income Growth % | -332.26% | -117.95% | -7.51% | 18.55% | -55.71% | 95% | 367.57% | 87.88% | 248.94% | 118.87% | 104.06% | -64.13% | -295.83% | 20.9% | -639.64% | 0% | -67.57% | -709.09% | -10.11% | -21.37% |
| Net Income (Continuing) | -7.4M | -100K | 16.8M | 14.5M | 3M | 6.2M | 20.7M | 12.1M | 7M | 2M | 6M | 6.2M | -4.7M | -10.6M | -41.8M | 17.9M | 2.4M | -13.4M | 16.9M | 18.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 33M | 33.2M | 32.6M | 31.8M | 32M | 32.1M | 29.8M | 26.4M | 26.7M | 26.7M | 24.7M | 20.7M | 20.3M | 20M | 20.8M | 19.7M | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.10 | -0.01 | 0.22 | 0.21 | 0.04 | 0.06 | -0.30 | 0.17 | 0.10 | 0.03 | 0.06 | 0.09 | -0.07 | -0.15 | -1.29 | 0.26 | 0.03 | -0.19 | 0.24 | 0.26 |
| EPS Growth % | -328.83% | -118% | 173.33% | 23.53% | -55.77% | 94.35% | -631.91% | 82.6% | 248.8% | 118.87% | 104.37% | -64.19% | -321.33% | 21.05% | -637.5% | 0% | -70% | -733.33% | -17.24% | -23.53% |
| EPS (Basic) | -0.10 | -0.01 | 0.22 | 0.21 | 0.04 | 0.06 | -0.30 | 0.17 | 0.10 | 0.03 | 0.06 | 0.09 | -0.07 | -0.15 | -1.29 | 0.26 | 0.03 | -0.19 | 0.24 | 0.26 |
| Diluted Shares Outstanding | 70.71M | 70.64M | 71.32M | 71.04M | 71.11M | 71.38M | 72.08M | 71.08M | 71M | 70.76M | 70.95M | 70.92M | 70.74M | 70.69M | 70.66M | 70.78M | 70.69M | 70.63M | 71.15M | 71.24M |
| Basic Shares Outstanding | 70.71M | 70.64M | 71.32M | 70M | 70.88M | 70.96M | 72.08M | 70.91M | 70.86M | 70.76M | 70.95M | 70.79M | 70.74M | 70.69M | 70.66M | 70.66M | 70.64M | 70.53M | 70.61M | 70.61M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |