Mission Produce, Inc. (AVO) Income Statement
AVO FY2025 at a glance
Fiscal year ended October 31, 2025 · U.S. dollarsAVO revenue and net income
Where AVO's revenue goes
FY2025Each bar shows an amount and its share of revenue. AVO kept 2.7% of revenue as net income.
AVO profit margins
AVO growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +12.7% | +10.0% | +10.0% | — |
| Gross profit | +5.4% | +21.4% | +5.2% | — |
| Operating income | −0.8% | — | −1.0% | — |
| Net income | +2.7% | — | +5.5% | — |
| EPS (diluted) | +6.8% | +43.0% | −16.4% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AVO quarterly EPS vs estimates
Mission Produce beat the analyst EPS estimate in 7 of the last 8 quarters.
AVO income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.39B | $1.23B | $953.9M | $1.05B | $891.7M | $862.3M | $883.3M | $859.9M |
| Cost of revenue | $1.23B | $1.08B | $870.6M | $956.1M | $767.2M | $737.7M | $728.6M | $805.9M |
| Gross profit | $160.7M | $152.5M | $83.3M | $89.8M | $124.5M | $124.6M | $154.7M | $54.0M |
| Research & development | — | — | — | — | $400,000 | $400,000 | $500,000 | $300,000 |
| Sales, general & admin | $95.5M | $86.8M | $76.4M | $77.5M | $62.7M | $56.2M | $48.5M | $35.3M |
| Total operating expenses | $95.5M | $86.8M | $76.4M | $127.0M | $63.6M | $56.2M | $48.2M | $35.3M |
| Operating income | $65.2M | $65.7M | $6.9M | −$37.2M | $60.9M | $68.4M | $106.5M | $18.7M |
| Interest income | $1.7M | $2.1M | $1.5M | $1.7M | $1.7M | $2.4M | $1.7M | $701,000 |
| Interest expense | $9.4M | $12.6M | $11.6M | $5.5M | $3.7M | $6.7M | $10.3M | $5.4M |
| Income before taxes | $61.9M | $60.4M | −$900,000 | −$31.2M | $66.0M | $43.8M | $96.0M | $88.6M |
| Income taxes | $21.4M | $18.6M | $2.2M | $3.7M | $21.1M | $15.0M | $24.3M | $16.2M |
| Net income | $37.7M | $36.7M | −$2.8M | −$34.6M | $44.9M | $28.8M | $71.7M | $72.4M |
| EBITDA | $105.9M | $110.7M | $43.5M | −$900,000 | $94.4M | $86.5M | $122.8M | $103.5M |
| EPS (diluted) | $0.79 | $0.74 | $0.20 | $0.27 | $0.74 | $1.93 | $0.57 | $0.21 |
| Gross margin | 11.6% | 12.4% | 8.7% | 8.6% | 14.0% | 14.4% | 17.5% | 6.3% |
| Operating margin | 4.7% | 5.3% | 0.7% | −3.6% | 6.8% | 7.9% | 12.1% | 2.2% |
| Net margin | 2.7% | 3.0% | −0.3% | −3.3% | 5.0% | 3.3% | 8.1% | 8.4% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $450.0M | $290.9M | $278.6M | $319.0M | $357.7M | $380.3M | $334.2M | $354.4M | $324.0M | $297.6M | $258.7M | $257.9M |
| Cost of revenue | $405.3M | $270.4M | $247.0M | $263.3M | $312.6M | $351.9M | $302.7M | $298.6M | $287.0M | $266.8M | $230.0M | $230.1M |
| Gross profit | $44.7M | $20.5M | $31.6M | $55.7M | $45.1M | $28.4M | $31.5M | $55.8M | $37.0M | $31.0M | $28.7M | $27.8M |
| Sales, general & admin | $31.6M | $21.1M | $29.1M | $27.7M | $24.1M | $21.5M | $22.2M | $27.2M | $20.2M | $18.7M | $20.7M | $20.6M |
| Total operating expenses | $31.6M | $21.1M | $29.1M | $27.7M | $24.0M | $21.4M | $22.2M | $27.2M | $20.2M | $18.7M | $20.7M | $20.6M |
| Operating income | $13.1M | −$600,000 | $2.5M | $28.0M | $21.0M | $6.9M | $9.3M | $28.6M | $16.8M | $12.3M | $8.0M | $7.2M |
| Interest income | $400,000 | $700,000 | $300,000 | $300,000 | $200,000 | $900,000 | $300,000 | $400,000 | $400,000 | $1.0M | $300,000 | $200,000 |
| Interest expense | $5.1M | $1.9M | $1.7M | $2.3M | $2.4M | $2.5M | $2.2M | $2.7M | $3.2M | $3.4M | $3.3M | $3.3M |
| Income before taxes | −$5.2M | −$8.7M | $1.0M | $28.0M | $19.8M | $4.7M | $9.4M | $29.3M | $16.6M | $10.4M | $4.1M | $5.8M |
| Income taxes | $600,000 | −$1.3M | $1.1M | $11.2M | $5.3M | $1.7M | $3.2M | $8.6M | $4.5M | $3.4M | $2.1M | −$200,000 |
| Net income | −$6.5M | −$7.2M | −$700,000 | $16.0M | $14.7M | $3.1M | $3.9M | $17.3M | $12.4M | $7.0M | $2.0M | $3.7M |
| EBITDA | $14.8M | −$100,000 | $11.9M | $40.8M | $30.6M | $14.2M | $20.3M | $42.2M | $26.2M | $19.5M | $20.2M | $17.2M |
| EPS (diluted) | $0.16 | $0.01 | $0.10 | $0.31 | $0.26 | $0.12 | $0.10 | $0.28 | $0.23 | $0.14 | $0.09 | $0.11 |
| Gross margin | 9.9% | 7.0% | 11.3% | 17.5% | 12.6% | 7.5% | 9.4% | 15.7% | 11.4% | 10.4% | 11.1% | 10.8% |
| Operating margin | 2.9% | −0.2% | 0.9% | 8.8% | 5.9% | 1.8% | 2.8% | 8.1% | 5.2% | 4.1% | 3.1% | 2.8% |
| Net margin | −1.4% | −2.5% | −0.3% | 5.0% | 4.1% | 0.8% | 1.2% | 4.9% | 3.8% | 2.4% | 0.8% | 1.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AVO's financial statements (latest annual report filed December 18, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AVO financial results
In fiscal year 2025 (ended October 31, 2025), Mission Produce reported revenue of $1.4 billion, up 12.7% from the year before. It had net income of $37.7 million (up 2.7%), a net profit margin of 2.7%. Diluted earnings per share came to $0.79. Over five years revenue grew at an average rate of 10.0% a year.
See the AVO stock overview for the latest quote and news, or the AVO chart for price history and technical indicators.
AVO income statement FAQ
What is Mission Produce's annual revenue?
Mission Produce reported total revenue of $1.4 billion for fiscal year 2025, which ended on October 31, 2025. That was up 12.7% from $1.2 billion the previous year.
Is Mission Produce profitable?
Yes. Mission Produce reported net income of $37.7 million in fiscal 2025, a net profit margin of 2.7%; its operating margin was 4.7%.
What is Mission Produce's gross margin?
Mission Produce's gross margin was 11.6% in fiscal 2025: for every $100 of revenue, Mission Produce kept $12 after the direct cost of its products and services.
How fast is Mission Produce growing?
Revenue grew 10.0% a year on average over the last five fiscal years, from $862.3 million to $1.4 billion.
What are Mission Produce's earnings per share?
Mission Produce earned $0.79 per diluted share in fiscal 2025, compared with $0.74 a year earlier.
When does Mission Produce's fiscal year end?
Mission Produce's fiscal year ends in October. The latest annual report covers the year ended October 31, 2025 and was filed on December 18, 2025.