For Q2 FY2026 ended April 30, 2026, Mission Produce reported revenue of $290.9 million, down 23.5% year-over-year. Net loss was $7.2 million, compared to net income of $3.1 million in the prior year, with diluted EPS of -$0.10. Operating income was -$7.0 million, down 201.4% from a year ago. The company had $33.0 million in cash, $578.6 million in equity, and $118.8 million in long-term debt.
•Revenue fell 23.5% YoY to $290.9 million.
•Net loss of $7.2 million vs. net income of $3.1 million a year ago.
•Diluted EPS of -$0.10, down 350% YoY.
•Operating loss of $7.0 million, compared to operating income of $6.9 million in Q2 FY2025.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Mission Produce provides the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, wholesalers, and foodservice customers in the United States and globally.
Its operations are structured into three segments, Marketing and Distribution. Its portfolio also includes International Farming, and Blueberries, as well as ripening, bagging, custom packing, logistical management, and quality assurance services.
Additionally, it offers merchandising and promotional support, and insights on market trends, and training services. Founded in 1983, Mission Produce is headquartered in Oxnard, California.
Mission Produce, Inc. is a global leader in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries. The company serves food retailers, wholesalers, and foodservice customers in the United States and around the world. Its operations are organized into three segments: Marketing and Distribution, International Farming, and Blueberries. Beyond basic distribution, Mission Produce offers value-added services such as ripening, bagging, custom packing, logistical management, and quality assurance. The company also provides merchandising and promotional support, along with insights on market trends and training services to help its customers succeed.
Where is Mission Produce (AVO) listed and in which currency?
Mission Produce, Inc. is publicly traded on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol AVO. The company's financials are reported in US Dollars (USD), reflecting its headquarters and primary operations in the United States. As a US-based company listed on a major American exchange, its stock is traded in USD, making it accessible to investors through most brokerage platforms that offer Nasdaq listings.
What sector and industry does Mission Produce (AVO) operate in?
Mission Produce operates in the Consumer Defensive sector, which includes companies that provide essential goods and services that consumers consistently demand regardless of economic conditions. Within this sector, the company is classified under the Food Distribution industry. This industry involves the sourcing, handling, and delivery of food products from producers to retailers, wholesalers, or foodservice operators. Mission Produce specifically focuses on fresh produce, particularly avocados, mangoes, and blueberries, making it a key player in the distribution of perishable food items.
Where is Mission Produce headquartered and what markets does it serve?
Mission Produce, Inc. is headquartered in Oxnard, California, United States. The company was founded in 1983 and has since grown to serve customers both domestically and globally. Its primary markets include the United States and international regions, where it supplies avocados, mangoes, and blueberries to food retailers, wholesalers, and foodservice operators. The company's global reach is supported by its International Farming segment, which likely sources produce from various growing regions to ensure year-round supply. Additionally, its Blueberries segment indicates a focus on expanding its berry offerings beyond avocados and mangoes.
How does Mission Produce (AVO) make money and what are its main business segments?
Mission Produce generates revenue through the sale of fresh avocados, mangoes, and blueberries, as well as through value-added services. The company operates three main segments: Marketing and Distribution, International Farming, and Blueberries. The Marketing and Distribution segment handles the sourcing, packaging, marketing, and distribution of produce to customers. The International Farming segment likely involves growing operations in other countries to secure supply. The Blueberries segment focuses on the blueberry category, which may include farming and distribution. Additionally, Mission Produce offers services like ripening, bagging, custom packing, logistical management, and quality assurance, which provide extra revenue streams. The company also supports customers with merchandising, promotional support, market trend insights, and training services.