Inferra AI / Company / AVO
Mission Produce, Inc.
AVO · Consumer Staples
Last earnings Sep 8, 2026
Key results
Total revenuequarter
10%
Financial Overview Total revenue increased 10% to $357.7 million compared to the same period last year
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Net incomequarter
$14.7 million
Net income of $14.7 million, or $0.21 per diluted share, compared to $12.4 million, or $0.17 per diluted share, for the same period last year
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Adjusted net incomequarter
$18.2 million
Adjusted net income of $18.2 million, or $0.26 per diluted share, compared to $16.7 million, or $0.23 per diluted share, for the same period last year Adjusted EBITDA increased 3% to $32.6 million, compared to $31.5 million in the same period last year CEO Message Steve Barnard, CEO of Mission, stated, This quarter
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Financial Review Total revenuequarter
10%
Fiscal Third Quarter 2025 Consolidated Financial Review Total revenue for the third quarter of fiscal 2025 increased $33.7 million or 10% to $357.7 million compared to the same period last year.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Revenuequarter
5%
The increase was primarily driven by the Marketing Distribution segment, where avocado volume sold increased 10%, partially offset by a decrease in average per-unit avocado sales prices of 5%.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Net income for the third quarter of fiscal 2025 was $14.7 million, or $0.21 per diluted share, compared to $12.4 million, or $0.17 per diluted share, for the same period last year.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
1 EXHIBIT 99.1 Adjusted net income for the third quarter of fiscal 2025 was $18.2 million, or $0.26 per diluted share, compared to $16.7 million, or $0.23 per diluted share, for the same period last year.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Marketing Distribution Net revenuequarter
7%
Fiscal Third Quarter Business Segment Performance Marketing Distribution Net sales in the Marketing Distribution segment increased $22.8 million or 7% to $344.1 million for the third quarter, driven by the avocado volume and pricing dynamics described above.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
AI analysis
Q3 FY2025 · reported Sep 8, 2025
Based on: Earnings release + Q3 FY2025 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q3 FY2025 | Prior qtr | Year ago |
|---|---|---|---|
| Total revenue | 10% | — | — |
| Net income | $14.7 million | — | $31.5 million |
| Adjusted net income | $18.2 million | — | $31.5 million |
| Financial Review Total revenue | 10% | — | — |
| Revenue | 5% | — | — |
| Marketing Distribution Net revenue | 7% | — | — |
Guidance · company-stated
Direction: raised
No guidance located in the held release
“1 Mission Produce Announces Fiscal 2026 Third Quarter Financial Results Revenue of $450 million reflects 26% increase over prior year Management raises annualized Calavo synergy outlook to more than $30 million Second-half fiscal 2026 guidance reaffirmed OXNARD, Calif.”
Capital allocation
Growth of adjusted net income was driven by an increase in operating income, as well as a $0.8 million reduction in interest expense on lower rates and outstanding borrowings and a $0.3 million increase in equity method income that is primarily comprised of earnings from its investments in Henry Avocado Corporation.
Event summary
Mission Produce Announces Fiscal 2025 Third Quarter Financial Results Achieved record fiscal third quarter revenue and gross profit
Based on: Earnings release + Q3 FY2025 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Growth of adjusted net income was driven by an increase in operating income, as well as a $0.8 million reduction in interest expense on lower rates and outstanding borrowings and a $0.3 million increase in equity method income that is primarily comprised of earnings from its investments in Henry Avocado Corporation.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Capital expenditures were $39.8 million for the nine months ended July 31, 2025 compared to $25.3 million last year.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Capital expenditures were comprised primarily of pre-production orchard maintenance, land improvements and packhouse construction in Guatemala and pre-production land development and blueberry plant cultivation in Peru.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
For fiscal 2025, total capital expenditures are expected to remain in the range of $50 to $55 million.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Risks related to restrictive covenants under our credit facility, which could affect our flexibility to fund ongoing operations, uses of capital and strategic initiatives, and, if we are unable to maintain compliance with such covenants, lead to significant challenges in meeting our liquidity requirements and acceleration of our debt.
SEC original ↗Mission Produce, Inc. — 10-Q Quarterly report10-QSep 8, 2026
Significant inputs to these models included: long-term forecast of revenues, operating expenses, net income, and capital expenditures, and a discount rate of 9 %.
SEC original ↗Mission Produce, Inc. — 10-Q Quarterly report10-QSep 8, 2026
Strategy & priorities
With our strong operational performance and continued focus on working capital management, we generated $34 million of operating cash flow during the third quarter and expect to build on this in the fourth quarter as we sell the balance of our owned-crop inventory.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Mission s global distribution network includes strategically positioned forward distribution centers across key markets throughout North America, China, Europe, and the UK, offering value-added services such as ripening, bagging, custom packing and logistical management.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Mission Produce: A Global Leader in Avocados $357.7M +10% YoY Avocado Volume Sold $32.6M Adjusted EBITDA +3% YoY Quarter Highlights Average Selling Price -5% YoY 183.5M LBS $1.74 /LB FISCAL 2025 Q3 SNAPSHOT Strong Q3 revenue growth driven by robust avocado sales volume despite slight price decreases, with commercial teams strategically leveraging the rebound in owned production (full year expect to increase 150% vs.
SEC original ↗Mission Produce, Inc. — Presentation / slide deck (8-K exhibit)EX-99Sep 8, 2025
Diversification strategy delivered across all segments International Farming adjusted EBITDA more than doubled on higher avocado yields and expanded packing/cooling services, while diversified product portfolio including mangos and blueberries continues to strengthen Mission's year-round offerings beyond peak avocado seasons.
SEC original ↗Mission Produce, Inc. — Presentation / slide deck (8-K exhibit)EX-99Sep 8, 2025
In some cases, you can identify forward-looking statements because they contain words such as may , will , should , expects , plans , anticipates , could , intends , target , projects , contemplates , believes , estimates , predicts , potential or continue or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions.
SEC original ↗Mission Produce, Inc. — 10-Q Quarterly report10-QSep 8, 2026
Risks & headwinds
What's particularly encouraging is how our operations have adapted to market volatility we've now demonstrated our ability to deliver solid results whether facing difficult supply conditions or favorable harvest environments, reflecting the consistency and operational excellence that helps us navigate various headwinds and capitalize on opportunities as they arise.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
(3) Represents tariff charges levied on USMCA-compliant goods imported from Mexico for the three-day period from March 4th to March 6th, 2025.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
USMCA-compliant goods have subsequently been exempted from tariff charges on U.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
(4) Represents tariff charges levied on USMCA-compliant goods imported from Mexico for the three-day period from March 4th to March 6th, 2025.
SEC original ↗Mission Produce, Inc. — Earnings release (8-K exhibit)EX-99Sep 8, 2025
Legal Proceedings 36 Item 1A.
SEC original ↗Mission Produce, Inc. — 10-Q Quarterly report10-QSep 8, 2026
Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
SEC original ↗Mission Produce, Inc. — 10-Q Quarterly report10-QSep 8, 2026
Earnings deck slides
0 decks with slide viewMission Produce, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Mission Produce, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Mission Produce, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Mission Produce, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Mission Produce, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Mission Produce, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Mission Produce, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
36 documents- Q3 2026
- 8-KAVO
Oct 8, 2026
- Q2 2026
- 8-KAVO
Sep 16, 2026
- 8-KAVO
Sep 8, 2026
- 10-QAVO
- 8-KAVO
Jul 10, 2026
- Q1 2026
- 8-KAVO
Jun 8, 2026
- 10-QAVO
- 8-KAVO
May 29, 2026
- 8-KAVO
May 22, 2026
- EX-99AVO
May 22, 2026
- 8-KAVO
Apr 29, 2026
- 8-KAVO
Apr 20, 2026
- 8-KAVO
Apr 15, 2026
- 8-KAVO
Apr 9, 2026
- 8-KAVO
Apr 1, 2026
- Q4 2025
- 8-KAVO
Mar 23, 2026
- 8-KAVO
Mar 12, 2026
- 10-QAVO
Mar 12, 2026
- 8-KAVO
Jan 22, 2026
- EX-99AVO
Jan 22, 2026
- 8-KAVO
Jan 15, 2026
- EX-99AVO
Jan 15, 2026
- Q3 2025
- 8-KAVO
Dec 18, 2025
- 8-KAVO
Dec 18, 2025
- 10-KAVO
Dec 18, 2025
- EX-99AVO
Dec 18, 2025
- 8-KAVO
Nov 26, 2025
- EX-99AVO
Nov 26, 2025
- 8-KAVO
Nov 18, 2025
- 8-K/AAVO
Oct 15, 2025
- Q2 2025
- 8-KAVO
Sep 8, 2025
- 10-QAVO
- 8-KAVO
Aug 7, 2025
- EX-99AVO
Aug 7, 2025
- Q1 2025
- 8-KAVO
Jun 30, 2025
- 10-QAVO
Earnings releases
6 documentsPresentations
7 documents
Transcripts
0 documentsNo transcripts for Mission Produce, Inc. are held in this edition of the library.
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