Mission Produce Inc (AVO) financial statements: income statement, balance sheet and cash flow
Mission Produce Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Oct 31, 2025 · FY), Mission Produce Inc reported revenue of $1.4B (+12.7% year on year) and net income of $40.5M (-3.1% year on year).
Income statement
Mission Produce Inc income statement, fiscal years
Line item
Oct 31, 2025 · FY
Oct 31, 2024 · FY
Oct 31, 2023 · FY
Oct 31, 2022 · FY
Net sales
$1.4B
$1.2B
$953.9M
$1.0B
Cost of sales
$1.2B
$1.1B
$870.6M
$956.1M
Gross profit
$160.7M
$152.5M
$83.3M
$89.8M
Selling, general and administrative expenses
$95.5M
$86.8M
$76.4M
$77.5M
Operating income
$65.2M
$65.7M
$6.9M
($37.2M)
Interest expense
($9.4M)
($12.6M)
($11.6M)
($5.5M)
Equity method income
$5.4M
$3.7M
$4.0M
$5.1M
Other income (expense), net
$700.0K
$3.6M
($200.0K)
$4.4M
Income (loss) before income taxes
$61.9M
$60.4M
($900.0K)
($31.2M)
Provision for income taxes
$21.4M
$18.6M
$2.2M
$3.7M
Net income (loss)
$40.5M
$41.8M
($3.1M)
($34.9M)
Net income (loss) attributable to noncontrolling interest
$2.8M
$5.1M
($300.0K)
$300.0K
Net income (loss) attributable to Mission Produce
$37.7M
$36.7M
($2.8M)
($34.6M)
Basic (in dollars per share)
$0.53
$0.52
-$0.04
-$0.49
Diluted (in dollars per share)
$0.53
$0.52
-$0.04
-$0.49
Mission Produce Inc income statement, quarters
Line item
Jul 31, 2026 · Q3
Apr 30, 2026 · Q2
Jan 31, 2026 · Q1
Jul 31, 2025 · Q3
Net sales
$450.0M
$290.9M
$278.6M
$357.7M
Cost of sales
$405.3M
$270.4M
$247.0M
$312.6M
Gross profit
$44.7M
$20.5M
$31.6M
$45.1M
Selling, general and administrative expenses
$31.6M
$21.1M
$29.1M
$24.1M
Transaction advisory and integration costs
$12.6M
$6.4M
—
—
Operating income (loss)
$500.0K
($7.0M)
$2.5M
$21.0M
Interest expense
($5.1M)
($1.9M)
($1.7M)
($2.4M)
Equity method income
$1.9M
$1.3M
$1.5M
$2.0M
Other (expense) income, net
($2.5M)
($1.1M)
($1.3M)
($800.0K)
(Loss) income before income taxes
($5.2M)
($8.7M)
$1.0M
$19.8M
Provision for income taxes
$600.0K
($1.3M)
$1.1M
$5.3M
Net (loss) income
($5.8M)
($7.4M)
($100.0K)
$14.5M
Less: Net income (loss) attributable to noncontrolling interest
$700.0K
($200.0K)
$600.0K
($200.0K)
Net (loss) income attributable to Mission Produce
($6.5M)
($7.2M)
($700.0K)
$14.7M
Basic (in dollars per share)
-$0.08
-$0.10
-$0.01
$0.21
Diluted (in dollars per share)
-$0.08
-$0.10
-$0.01
$0.21
Balance sheet
Mission Produce Inc balance sheet, fiscal years
Line item
Oct 31, 2025 · FY
Oct 31, 2024 · FY
Oct 31, 2023 · FY
Oct 31, 2022 · FY
Cash and cash equivalents
$64.8M
$58.0M
$42.9M
$52.8M
Restricted cash
$1.7M
$1.3M
$300.0K
$1.1M
Trade, net of allowances of $0.7 and $0.8, respectively
$80.5M
$95.4M
$74.1M
$62.9M
Grower and fruit advances
$2.7M
$1.7M
$900.0K
$1.8M
Other
$14.6M
$15.3M
$12.4M
$17.3M
Inventory
$80.6M
$91.2M
$70.8M
$73.1M
Prepaid expenses and other current assets
$8.5M
$9.4M
$9.1M
$11.1M
Income taxes receivable
$8.8M
$6.7M
$9.6M
$8.0M
Total current assets
$262.2M
$279.0M
$220.1M
$228.1M
Property, plant and equipment, net
$542.2M
$523.4M
$523.2M
$489.7M
Operating lease right-of-use assets
$67.7M
$67.8M
$72.4M
$65.4M
Equity method investees
$34.8M
$33.0M
$31.0M
$27.1M
Deferred income tax assets, net
$10.2M
$9.7M
$8.5M
$8.1M
Goodwill
$39.4M
$39.4M
$39.4M
$39.4M
Other assets
$26.5M
$19.2M
$19.7M
$19.7M
Total assets
$983.0M
$971.5M
$914.8M
$879.5M
Accounts payable
$47.3M
$35.3M
$27.2M
$34.4M
Accrued expenses
$38.9M
$39.9M
$26.4M
$30.1M
Income taxes payable
$6.8M
$7.7M
$1.6M
$1.0M
Grower payables
$23.8M
$50.3M
$26.4M
$24.3M
Short-term borrowings
$4.5M
$3.0M
$2.8M
$2.5M
Notes payable
$0
$500.0K
—
—
Loans from noncontrolling interest holders—current portion
$200.0K
$100.0K
$500.0K
—
Long-term debt—current portion
$3.0M
$3.0M
$3.4M
$3.5M
Operating leases—current portion
$6.9M
$6.4M
$6.6M
$4.7M
Finance leases—current portion
$3.1M
$2.9M
$2.6M
$1.2M
Total current liabilities
$134.5M
$149.1M
$97.5M
$101.7M
Long-term debt, net of current portion
$92.8M
$110.7M
$148.6M
$136.9M
Loans from noncontrolling interest holders, net of current portion
$900.0K
$1.8M
$2.5M
—
Operating leases, net of current portion
$67.5M
$67.4M
$71.0M
$63.9M
Finance leases, net of current portion
$22.0M
$21.5M
$14.7M
$1.4M
Income taxes payable
$0
$1.3M
$2.3M
$3.1M
Deferred income tax liabilities, net
$19.1M
$16.6M
$23.5M
$29.4M
Other long-term liabilities
$26.3M
$26.0M
$26.4M
$20.2M
Total liabilities
$363.1M
$394.4M
$386.5M
$356.6M
Common stock ($0.001 par value, 1,000,000,000 shares authorized; 70,569,517 and 70,914,767 shares issued and outstanding as of October 31, 2025 and 2024, respectively)
100.0K
100.0K
100.0K
100.0K
Additional paid-in capital
$247.3M
$239.7M
$233.4M
$229.3M
Accumulated other comprehensive income (loss)
$600.0K
($200.0K)
($900.0K)
($1.7M)
Retained earnings
$339.3M
$307.7M
$271.0M
$274.4M
Mission Produce shareholders' equity
$587.3M
$547.3M
$503.6M
$502.1M
Noncontrolling interest
$32.6M
$29.8M
$24.7M
$20.8M
Total equity
$619.9M
$577.1M
$528.3M
$522.9M
Total liabilities and equity
$983.0M
$971.5M
$914.8M
$879.5M
Mission Produce Inc balance sheet, quarters
Line item
Jul 31, 2026
Apr 30, 2026
Jan 31, 2026
Jul 31, 2025
Cash and cash equivalents
$47.1M
$33.0M
$44.8M
$43.7M
Restricted cash
$1.2M
$2.1M
$2.6M
$2.9M
Trade, net of allowances of $2.5 and $0.7, respectively
$136.0M
$91.6M
$91.0M
$95.4M
Grower and fruit advances
$12.2M
$2.7M
$2.6M
$3.9M
Other
$36.6M
$14.4M
$15.5M
$18.6M
Inventory
$141.3M
$116.6M
$99.3M
$103.4M
Prepaid expenses and other current assets
$11.1M
$8.9M
$9.6M
$9.1M
Income taxes receivable
$16.4M
$14.3M
$8.2M
$7.7M
Total current assets
$401.9M
$283.6M
$273.6M
$284.7M
Property, plant and equipment, net
$657.7M
$544.7M
$542.1M
$538.8M
Operating lease right-of-use assets
$78.2M
$65.7M
$67.3M
$69.5M
Equity method investees
$33.1M
$33.1M
$36.6M
$32.9M
Deferred income tax assets, net
$10.5M
$10.5M
$10.5M
$9.8M
Goodwill
$268.3M
$39.4M
$39.4M
$39.4M
Intangible asset, net
$100.7M
—
—
—
Other assets
$56.4M
$31.2M
$28.2M
$27.3M
Total assets
$1.6B
$1.0B
$997.7M
$1.0B
Accounts payable
$61.4M
$46.5M
$43.4M
$46.4M
Accrued expenses
$69.5M
$45.7M
$53.3M
$38.6M
Income taxes payable
$0
$0
$3.0M
$5.4M
Grower payables
$49.6M
$41.5M
$33.3M
$34.2M
Short-term borrowings
$0
$0
$1.0M
$2.9M
Loans from noncontrolling interest holders—current portion
$3.9M
$3.4M
$700.0K
$200.0K
Long-term debt—current portion
$11.5M
$3.0M
$3.0M
$3.0M
Operating leases—current portion
$10.2M
$6.3M
$7.7M
$6.8M
Finance leases—current portion
$3.6M
$2.1M
$1.6M
$2.4M
Total current liabilities
$209.7M
$148.5M
$147.0M
$139.9M
Long-term debt, net of current portion
$388.9M
$115.8M
$97.0M
$128.5M
Loans from noncontrolling interest holders, net of current portion
$0
$0
$0
$900.0K
Operating leases, net of current portion
$75.6M
$65.5M
$67.0M
$68.9M
Finance leases, net of current portion
$24.9M
$21.6M
$21.8M
$21.7M
Income taxes payable
$300.0K
$300.0K
$300.0K
$0
Deferred income tax liabilities, net
$51.3M
$19.1M
$19.1M
$16.5M
Other long-term liabilities
$56.3M
$25.8M
$25.4M
$25.5M
Total liabilities
$807.0M
$396.6M
$377.6M
$401.9M
Common stock ($0.001 par value, 1,000,000,000 shares authorized; 87,678,404 and 70,569,517 shares issued and outstanding as of July 31, 2026 and October 31, 2025, respectively)
100.0K
100.0K
100.0K
100.0K
Additional paid-in capital
$446.5M
$247.6M
$246.5M
$244.1M
Accumulated other comprehensive income
$1.9M
$1.7M
$1.7M
$600.0K
Retained earnings
$315.5M
$329.2M
$338.6M
$323.9M
Mission Produce shareholders' equity
$764.0M
$578.6M
$586.9M
$568.7M
Noncontrolling interest
$35.8M
$33.0M
$33.2M
$31.8M
Total equity
$799.8M
$611.6M
$620.1M
$600.5M
Total liabilities and equity
$1.6B
$1.0B
$997.7M
$1.0B
Cash flow statement
Mission Produce Inc cash flow statement, fiscal years
Line item
Oct 31, 2025 · FY
Oct 31, 2024 · FY
Oct 31, 2023 · FY
Oct 31, 2022 · FY
Net income (loss)
$40.5M
$41.8M
($3.1M)
($34.9M)
(Benefit) provision for losses on accounts receivable
($100.0K)
$0
$100.0K
$100.0K
Depreciation and amortization
$34.6M
$37.7M
$32.8M
$24.8M
Amortization of debt issuance costs
$200.0K
$200.0K
$200.0K
$300.0K
Equity method income
($5.4M)
($3.7M)
($4.0M)
($5.1M)
Noncash lease expense
$6.8M
$6.1M
$5.9M
$5.3M
Stock-based compensation
$8.8M
$7.1M
$4.5M
$3.6M
Dividends received from equity method investees
$4.4M
$3.2M
$2.7M
$2.2M
Losses on asset impairment, disposals and sales, net of insurance recoveries
$3.9M
$3.9M
$1.3M
$400.0K
Gains on settlement of asset retirement obligations
($800.0K)
—
—
—
Deferred income taxes
$1.9M
($8.0M)
($6.4M)
($600.0K)
Unrealized losses (gains) on foreign currency transactions
$1.0M
($1.7M)
$1.4M
—
Unrealized loss on derivative financial instruments
$0
$100.0K
($100.0K)
($4.7M)
Other
$0
($400.0K)
$100.0K
$100.0K
Trade accounts receivable
$14.6M
($20.9M)
($10.6M)
$10.6M
Grower fruit advances
($1.0M)
($800.0K)
$900.0K
($1.2M)
Other receivables
$1.0M
($3.2M)
$5.0M
($2.4M)
Inventory
$11.1M
($19.3M)
$3.0M
($15.3M)
Prepaid expenses and other current assets
$800.0K
($200.0K)
$2.0M
($400.0K)
Income taxes receivable
($1.9M)
$2.9M
($1.6M)
($1.1M)
Other assets
($7.7M)
$1.6M
$1.0M
$200.0K
Accounts payable and accrued expenses
$12.3M
$25.4M
($8.9M)
$9.4M
Income taxes payable
($2.2M)
$5.1M
($200.0K)
($1.3M)
Grower payables
($26.8M)
$23.5M
$2.2M
$2.2M
Operating lease liabilities
($6.2M)
($5.3M)
($3.8M)
($4.0M)
Other long-term liabilities
($1.2M)
($1.7M)
$4.8M
($500.0K)
Net cash provided by operating activities
$88.6M
$93.4M
$29.2M
$35.2M
Purchases of property, plant and equipment
($51.4M)
($32.2M)
($49.8M)
($61.2M)
Proceeds from sale of property, plant and equipment
$100.0K
$100.0K
$200.0K
$3.0M
Investment in equity method investees
$0
($1.6M)
($2.1M)
($400.0K)
Purchase of other investment
$0
$0
($2.3M)
—
Other
($600.0K)
$200.0K
($100.0K)
($100.0K)
Net cash used in investing activities
($51.9M)
($33.5M)
($54.1M)
($51.4M)
Borrowings on revolving credit facility
$55.0M
$40.0M
$145.0M
$80.0M
Payments on revolving credit facility
($70.0M)
($75.0M)
($130.0M)
($40.0M)
Proceeds from short-term borrowings
$10.1M
$3.0M
$2.8M
$2.5M
Repayment of short-term borrowings
($10.7M)
($2.8M)
($2.5M)
—
Principal payments on long-term debt obligations
($3.0M)
($3.4M)
($3.5M)
($63.3M)
Principal payments on finance lease obligations
($1.0M)
($1.8M)
($2.6M)
($1.2M)
Proceeds from loan from noncontrolling interest holder
$0
$0
$2.0M
—
Principal payments on loans due to noncontrolling interest holder
$0
($500.0K)
—
—
Payments to noncontrolling interest holder for long-term supply financing
($1.3M)
($2.0M)
—
—
Payments for long-term supplier financing
($1.3M)
($500.0K)
($100.0K)
$0
Repurchase and retirement of common stock
($6.1M)
$0
($600.0K)
$0
Taxes paid related to shares withheld from the settlement of equity awards
-1.5M
-800.0K
-500.0K
—
Mission Produce Inc cash flow statement, quarters
Line item
Jul 31, 2026 · YTD
Apr 30, 2026 · YTD
Jan 31, 2026 · Q1
Jul 31, 2025 · YTD
Net (loss) income
($13.3M)
($7.5M)
($100.0K)
$23.7M
Depreciation and amortization
$30.8M
$15.9M
$9.2M
$24.1M
Amortization of debt issuance costs
$300.0K
$100.0K
$100.0K
$200.0K
Equity method income
($4.7M)
($2.8M)
($1.5M)
($3.7M)
Noncash lease expense
$5.1M
$3.1M
$1.5M
$5.2M
Stock-based compensation
$4.5M
$2.8M
$1.4M
$5.6M
Dividends received from equity method investees
$7.4M
$4.9M
—
$4.4M
Losses on asset impairment, disposals and sales
$1.0M
$0
$0
$2.9M
Gains on settlement of asset retirement obligations
$0
—
—
($800.0K)
Deferred income taxes
($2.0M)
($200.0K)
($200.0K)
($300.0K)
Unrealized losses on foreign currency transactions
$700.0K
$800.0K
$800.0K
$800.0K
Unrealized loss on derivative financial instruments
($100.0K)
$0
$0
$0
Trade accounts receivable
($13.3M)
($11.5M)
($10.4M)
($300.0K)
Grower fruit advances
($4.4M)
$0
$100.0K
($2.1M)
Other receivables
($19.6M)
$200.0K
($900.0K)
($3.3M)
Inventory
($18.7M)
($33.9M)
($18.8M)
($11.8M)
Prepaid expenses and other current assets
$700.0K
($500.0K)
($1.2M)
$100.0K
Income taxes receivable
($4.9M)
($5.4M)
$600.0K
($800.0K)
Other assets
($2.8M)
($3.4M)
($1.2M)
($7.1M)
Accounts payable and accrued expenses
$19.4M
$10.6M
$14.8M
$11.5M
Income taxes payable
($6.5M)
($6.5M)
($3.6M)
($3.6M)
Grower payables
$1.5M
$17.6M
$9.5M
($16.4M)
Operating lease liabilities
($5.2M)
($3.8M)
($1.0M)
($5.1M)
Other long-term liabilities
($1.8M)
($1.6M)
($2.1M)
($1.7M)
Net cash (used in) provided by operating activities
($25.9M)
($21.0M)
($3.0M)
$21.4M
Purchases of property, plant and equipment
($32.0M)
($22.9M)
($11.9M)
($39.8M)
Proceeds from sale of property, plant and equipment
$200.0K
$100.0K
$100.0K
$0
Cash paid for acquisition of Calavo, net of cash acquired
($247.0M)
—
—
—
Other
$0
$100.0K
$0
($100.0K)
Net cash used in investing activities
($278.8M)
($23.1M)
($11.8M)
($40.0M)
Borrowings on revolving credit facility
$95.0M
$45.0M
$10.0M
$55.0M
Payments on revolving credit facility
($45.0M)
($30.0M)
($5.0M)
($35.0M)
Proceeds from short-term borrowings
$0
—
—
$5.2M
Repayment of short-term borrowings
($4.5M)
($4.5M)
($3.5M)
($7.3M)
Borrowings under long-term debt obligations
$350.0M
$100.0M
—
—
Payment of debt restructuring fees
($2.8M)
($2.2M)
—
—
Principal payments on long-term debt obligations
($93.9M)
($91.0M)
($800.0K)
($2.3M)
Principal payments on finance lease obligations
($900.0K)
($500.0K)
($200.0K)
($700.0K)
Payments for long-term supplier financing
($3.1M)
($2.6M)
($2.6M)
($1.1M)
Payments to noncontrolling interest holder for long-term supply financing
$0
$0
—
($1.3M)
Proceeds from loan from noncontrolling interest holder
$3.6M
$3.1M
—
—
Principal payments on loans due to noncontrolling interest holder
($100.0K)
($100.0K)
($100.0K)
$0
Payments of minimum withholding taxes on net share settlement of equity awards