Calavo Growers, Inc. (CVGW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 |
|---|
| Sales/Revenue | 122.2M | 124.68M | 178.82M | 190.55M | 154.38M | 169.96M | 179.6M | 184.38M | 127.61M | 241.18M | 160.86M | 158.28M | 132.76M | 243.57M | 341.99M | 331.42M | 274.09M | 273.42M | 285.01M | 276.82M |
| Revenue Growth % | -20.85% | -26.64% | -0.43% | 3.34% | 20.99% | -29.53% | 11.65% | 16.49% | -3.88% | -0.98% | -52.96% | -52.24% | -51.56% | -10.92% | 19.99% | 19.72% | 24.26% | 16.63% | 5.39% | -1.55% |
| Cost of Goods Sold | 107.02M | 113.03M | 160.62M | 172.46M | 138.66M | 153.67M | 159.5M | 163.73M | 116.85M | 225.72M | 138.85M | 143.61M | 120.98M | 222.91M | 323.88M | 309.68M | 260.86M | 264.3M | 277.74M | 253.72M |
| COGS % of Revenue | 87.57% | 90.66% | 89.82% | 90.51% | 89.81% | 90.42% | 88.81% | 88.8% | 91.57% | 93.59% | 86.32% | 90.73% | 91.12% | 91.52% | 94.7% | 93.44% | 95.17% | 96.66% | 97.45% | 91.66% |
| Gross Profit | 15.18M | 11.65M | 18.2M | 18.09M | 15.73M | 16.29M | 20.09M | 20.66M | 10.76M | 15.46M | 22M | 14.67M | 11.79M | 20.66M | 18.11M | 21.74M | 13.23M | 9.12M | 7.27M | 23.1M |
| Gross Margin % | 12.43% | 9.34% | 10.18% | 9.49% | 10.19% | 9.58% | 11.19% | 11.2% | 8.43% | 6.41% | 13.68% | 9.27% | 8.88% | 8.48% | 5.3% | 6.56% | 4.83% | 3.34% | 2.55% | 8.34% |
| Gross Profit Growth % | -3.46% | -28.5% | -9.43% | -12.43% | 46.17% | 5.36% | -8.68% | 40.8% | -8.7% | -25.16% | 21.48% | -32.52% | -10.91% | 126.57% | 149.26% | -5.88% | -21.44% | -56.95% | -76.43% | 4.64% |
| Operating Expenses | 16.63M | 13.37M | 9.54M | 10.46M | 10.68M | 13.31M | 9.93M | 13.77M | 13.85M | 16.03M | 11.07M | 18.68M | 13.49M | 16.96M | 15.82M | 17.33M | 16.21M | 25.87M | 13.73M | 13M |
| OpEx % of Revenue | 13.61% | 10.72% | 5.33% | 5.49% | 6.92% | 7.83% | 5.53% | 7.47% | 10.85% | 6.64% | 6.88% | 11.8% | 10.16% | 6.96% | 4.63% | 5.23% | 5.92% | 9.46% | 4.82% | 4.7% |
| Selling, General & Admin | 16.4M | 12.27M | 9.23M | 10.3M | 10.29M | 13.08M | 9.71M | 13.57M | 13.46M | 14.13M | 12.27M | 18.3M | 11.44M | 16.69M | 15.52M | 16.55M | 15.28M | 16.3M | 12.39M | 13M |
| SG&A % of Revenue | 13.42% | 9.84% | 5.16% | 5.41% | 6.66% | 7.7% | 5.4% | 7.36% | 10.55% | 5.86% | 7.63% | 11.56% | 8.62% | 6.85% | 4.54% | 4.99% | 5.58% | 5.96% | 4.35% | 4.7% |
| 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 | 230K | 1000K | 307K | 156K | 395K | 233K | 225K | 202K | 383K | 1000K | -1000K | 386K | 1000K | 215K | 303K | 783K | 932K | 1000K | 1000K | -54K |
| Operating Income | -1.45M | -1.72M | 8.66M | 7.63M | 5.05M | 2.98M | 10.16M | 6.89M | -3.09M | -564K | 10.93M | -4.01M | -1.7M | 3.7M | 2.3M | 4.41M | -2.99M | -16.75M | -6.46M | 10.1M |
| Operating Margin % | -1.18% | -1.38% | 4.84% | 4% | 3.27% | 1.75% | 5.66% | 3.74% | -2.42% | -0.23% | 6.8% | -2.53% | -1.28% | 1.52% | 0.67% | 1.33% | -1.09% | -6.13% | -2.27% | 3.65% |
| Operating Income Growth % | -128.68% | -157.95% | -14.79% | 10.79% | 263.51% | 627.48% | -7.06% | 271.75% | -81.32% | -115.24% | 376.22% | -190.99% | 43.02% | 122.1% | 135.53% | -56.38% | -212.08% | -324.7% | -137.11% | 33.43% |
| EBITDA | 307K | 103K | 10.51M | 9.49M | 6.99M | 4.93M | 12.2M | 8.96M | 1.47M | 3.9M | 15.3M | -112K | 2.85M | 7.82M | 6.34M | 8.51M | 1.37M | -12.08M | -1.91M | 14.22M |
| EBITDA Margin % | 0.25% | 0.08% | 5.88% | 4.98% | 4.53% | 2.9% | 6.8% | 4.86% | 1.15% | 1.62% | 9.51% | -0.07% | 2.15% | 3.21% | 1.85% | 2.57% | 0.5% | -4.42% | -0.67% | 5.14% |
| EBITDA Growth % | -95.61% | -97.91% | -13.85% | 5.85% | 375.7% | 26.42% | -20.21% | 8104.46% | -48.51% | -50.08% | 141.19% | -101.32% | 107.64% | 164.73% | 432.04% | -40.15% | -80.3% | -202.98% | -108.82% | 21.67% |
| D&A (Non-Cash Add-back) | 1.75M | 1.83M | 1.85M | 1.86M | 1.94M | 1.96M | 2.04M | 2.08M | 4.55M | 4.47M | 4.36M | 3.9M | 4.55M | 4.12M | 4.05M | 4.11M | 4.36M | 4.67M | 4.55M | 4.12M |
| EBIT | -1.45M | 3.51M | 7.14M | 9.96M | 5.04M | 731K | 5.34M | 7.66M | -1.18M | -505K | 12.41M | 2.23M | -265K | 296K | 3.06M | 5K | -4.46M | -19.18M | 120K | 12.89M |
| Net Interest Income | 413K | 543K | 680K | 558K | 632K | 746K | -833K | -962K | -824K | 239K | -766K | -244K | -377K | -316K | -485K | -460K | -327K | 110K | -208K | -191K |
| Interest Income | 542K | 754K | 879K | 762K | 845K | 1.02M | 0 | 0 | 0 | 363K | 0 | 0 | 0 | 98K | 0 | 0 | 0 | 335K | 0 | 0 |
| Interest Expense | 129K | 211K | 199K | 204K | 213K | 274K | 833K | 962K | 824K | 124K | 766K | 244K | 377K | 414K | 485K | 460K | 327K | 225K | 208K | 191K |
| Other Income/Expense | 2.72M | 4.63M | -2.12M | 1.85M | 644K | -2.62M | -6.24M | 10K | 1.08M | -954K | 211K | 5.94M | 1.22M | -3.57M | 5K | -4.86M | -1.8M | -2.65M | 5.91M | 1.46M |
| Pretax Income | 1.28M | 2.91M | 6.54M | 9.48M | 5.69M | 353K | 3.92M | 6.9M | -2M | -1.52M | 11.14M | 1.93M | -486K | 130K | 2.3M | -455K | -4.79M | -19.4M | -557K | 11.57M |
| Pretax Margin % | 1.04% | 2.33% | 3.66% | 4.97% | 3.69% | 0.21% | 2.18% | 3.74% | -1.57% | -0.63% | 6.93% | 1.22% | -0.37% | 0.05% | 0.67% | -0.14% | -1.75% | -7.1% | -0.2% | 4.18% |
| Income Tax | 473K | -952K | 1.81M | 2.54M | 1.25M | 2.8M | -1.44M | 390K | 573K | 6.4M | 2.41M | 484K | -41K | 3.61M | 984K | -179K | -625K | -6.36M | 12.36M | 2.77M |
| Effective Tax Rate % | 37.04% | -32.75% | 27.62% | 26.76% | 22.06% | 794.05% | -36.72% | 5.65% | -28.64% | -421.74% | 21.61% | 25.06% | 8.44% | 2780% | 42.76% | 39.34% | 13.06% | 32.79% | -2218.67% | 23.97% |
| Net Income | 732K | 3.82M | 4.71M | 6.85M | 4.42M | -331K | -732K | 6.06M | -6.27M | -7.91M | 6.63M | -4M | -3.07M | -3.32M | 1.3M | -191K | -4.04M | -12.96M | -12.98M | 8.84M |
| Net Margin % | 0.6% | 3.06% | 2.64% | 3.59% | 2.86% | -0.19% | -0.41% | 3.29% | -4.91% | -3.28% | 4.12% | -2.52% | -2.31% | -1.36% | 0.38% | -0.06% | -1.48% | -4.74% | -4.55% | 3.19% |
| Net Income Growth % | -83.42% | 1253.17% | 743.99% | 13% | 170.45% | 95.81% | -111.05% | 251.74% | -104.27% | -138.45% | 409.69% | -1991.62% | 24.12% | 74.4% | 110.01% | -102.16% | -176.62% | -308.05% | 16.98% | 369.71% |
| Net Income (Continuing) | 804K | 3.86M | 4.74M | 6.94M | 4.43M | -2.45M | 5.37M | 6.51M | -2.57M | -7.92M | 8.74M | 1.45M | -445K | -3.48M | 1.32M | -276K | -4.16M | -13.04M | -12.91M | 8.79M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | -408K | -1000K | 0 | -1000K | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.69M | 1.62M | 1.58M | 1.55M | 1.46M | 1.44M | 1.41M | 1.44M | 1.4M | 1.39M | 1.41M | 1.32M | 1.29M | 1.01M | 1.18M | 1.17M | 1.25M | 1.37M | 1.45M | 1.39M |
| EPS (Diluted) | 0.04 | 0.21 | 0.49 | 0.38 | 0.25 | 0.05 | -0.04 | 0.34 | -0.35 | -0.45 | 0.37 | -0.22 | -0.17 | -0.21 | 0.07 | -0.02 | -0.23 | -0.73 | -0.74 | 0.50 |
| EPS Growth % | -83.64% | 300% | 1295.12% | 11.76% | 171.43% | 111.67% | -111.08% | 254.55% | -105.88% | -114.29% | 405.46% | -1347.37% | 26.09% | 71.23% | 109.89% | -103.04% | -176.67% | -308.57% | 16.85% | 363.16% |
| EPS (Basic) | 0.04 | 0.21 | 0.49 | 0.38 | 0.25 | 0.05 | -0.04 | 0.34 | -0.35 | -0.45 | 0.37 | -0.22 | -0.17 | -0.21 | 0.07 | -0.02 | -0.23 | -0.73 | -0.74 | 0.50 |
| Diluted Shares Outstanding | 17.89M | 17.9M | 17.9M | 17.83M | 17.9M | 17.86M | 17.84M | 17.87M | 17.8M | 17.75M | 17.86M | 17.72M | 17.67M | 17.66M | 17.77M | 17.66M | 17.65M | 17.64M | 17.63M | 17.68M |
| Basic Shares Outstanding | 17.87M | 17.84M | 17.85M | 17.82M | 17.84M | 17.8M | 17.8M | 17.8M | 17.8M | 17.75M | 17.76M | 17.72M | 17.67M | 17.66M | 17.67M | 17.66M | 17.58M | 17.64M | 17.54M | 17.62M |
| Dividend Payout Ratio | 488.52% | 93.56% | 75.86% | 52.18% | 80.79% | - | - | 29.36% | - | - | 26.83% | - | - | - | - | - | - | - | - | - |