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Nasdaq · Materials

Mission Produce, Inc. (AVO)

As-reported financials and SEC filings for Mission Produce, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Mission Produce, Inc.

Mission Produce, Inc. is a global company that farms, packages, markets, and distributes avocados primarily sourced from California, Mexico, and Peru. It sells avocados mainly to food retailers, distributors, and produce wholesalers worldwide, offering various ripeness levels and value-added services like custom packaging and ripening. The company also grows blueberries and markets mangos on a limited scale, serving customers through a global distribution network with facilities in North America, China, Europe, and the U.K.

Snapshot

Revenue
$1.39B
Revenue growth (YoY)
12.7%
Net income
$37.7M
Diluted EPS
$0.53
Gross margin
11.6%
Operating margin
4.7%
Net margin
2.7%
FCF margin
2.7%
ROE
6.1%
net income / fiscal-year-end equity
P/E
40.5×
trailing when available, otherwise FY EPS
Market cap
$1.14B
Long-term debt / equity
0.15×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended October 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Mission Produce

  • Revenue grew 12.7% to $1.4B in FY2025, slower than the 29.4% the year before.
  • Operating margin is 4.7% in FY2025, -2.1 pp against 6.8% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $291M, down 23.5% from Q2 FY2025.
  • Free cash flow was $37M in FY2025, 2.7% of revenue.
  • Net income rose 2.7% to $38M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Mission Produce’s fundamentals sit among the 241 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin11.6%
14th percentile of 191
Operating margin4.7%
50th percentile of 189
Net margin2.7%
52nd percentile of 221
FCF margin2.7%
41st percentile of 205
Revenue growth (YoY)+12.7%
79th percentile of 236
ROE6.1%
56th percentile of 216
P/E40.5×
80th percentile of 134
Long-term debt / equity0.15×
17th percentile of 165
Short interest5.43d
74th percentile of 238

Mission Produce’s gross margin of 11.6% ranks in the 14th percentile of the 191 Materials companies reporting it.

16 reported insider purchases (code P) totaling $44.8M in the last 90 days, against 1 sale totaling $60,650. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+5 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$14.5M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$7.2M614.4KAdded
Citadel AdvisorsquantQ2 2026$4.7M397.5KAdded
AQR Capital ManagementquantQ2 2026$1.0M89.0KAdded
Two Sigma InvestmentsquantQ2 2026$809,27768.6KReduced
D. E. ShawquantQ2 2026$718,61261.0KReduced

No longer held by: Millennium Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
16
3 insiders
Bought (90d)
$44.8M
code P value
Sells (90d)
1
$61K
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-07-09
filed 2026-07-10
Globalharvest Holdings Venture Ltd10% ownerBuy593.0K$13.28$7.9M
2026-07-08
filed 2026-07-09
Globalharvest Holdings Venture Ltd10% ownerBuy687.2K$13.42$9.2M
2026-07-07
filed 2026-07-09
Globalharvest Holdings Venture Ltd10% ownerBuy491.9K$13.40$6.6M
2026-07-06
filed 2026-07-08
Globalharvest Holdings Venture Ltd10% ownerBuy650.4K$12.73$8.3M
2026-06-30
Pack Jay ADirectorBuy40.0K$12.10$484K
2026-06-29
Giles Bryan ECHIEF FINANCIAL OFFICERSell5.0K$12.13$61K
2026-06-23
Taylor Bruce C.DirectorBuy70.3K$11.25$791K
2026-06-22
filed 2026-06-23
Taylor Bruce C.DirectorBuy29.7K$11.36$338K
2026-06-17
filed 2026-06-22
Taylor Bruce C.DirectorBuy286.4K$11.27$3.2M
2026-06-16
filed 2026-06-17
Taylor Bruce C.DirectorBuy13.6K$11.40$155K
2026-06-15
filed 2026-06-17
Taylor Bruce C.DirectorBuy300.0K$11.29$3.4M
2026-06-15
filed 2026-06-17
Pack Jay ADirectorBuy110.7K$11.34$1.3M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
4.7M
settled 2026-08-14
Change vs prior
-5.0%
vs previous settlement
Days to cover
5.43
at avg daily volume
Avg daily volume
870.6K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-144.7M-5.0%5.43
2026-07-315.0M-2.8%7.27
2026-07-155.1M+16.1%3.62
2026-06-304.4M+4.5%2.56
2026-06-154.2M-35.9%1.95
2026-05-296.6M-0.4%5.49
2026-05-156.6M+11.4%7.76
2026-04-305.9M+16.6%4.67

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.39B$1.23B$953.9M$1.05B$891.7M
Gross profit$160.7M$152.5M$83.3M$89.8M$124.5M
Operating income$65.2M$65.7M$6.9M$-37.2M$60.9M
Net income$37.7M$36.7M$-2.8M$-34.6M$44.9M
Diluted EPS$0.53$0.52$-0.04$-0.49$0.63

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$88.6M$93.4M$29.2M$35.2M$47.0M
Capital expenditure$51.4M$32.2M$49.8M$61.2M$73.4M
Free cash flow$37.2M$61.2M$-20.6M$-26.0M$-26.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$290.9M-23.5%$-7.2M$-0.10
Q1 FY2026$278.6M-16.6%$-700,000$-0.01
Q4 FY2025$319.0M-10.0%$16.0M$0.22
Q3 FY2025$357.7M10.4%$14.7M$0.21
Q2 FY2025$380.3M27.8%$3.1M$0.04
Q1 FY2025$334.2M29.2%$3.9M$0.05
Q4 FY2024$354.4M37.4%$17.3M$0.24
Q3 FY2024$324.0M23.9%$12.4M$0.17

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorMaterials
SIC industryAgricultural Services
Latest annual periodFY2025 (ended October 31, 2025)
Latest reported quarterQ2 FY2026 (ended April 30, 2026)
Oldest indexed filing2020
SEC CIK1802974

Selected SEC filings

10-Q2026-06-08
View on EDGAR →
8-K2026-07-10
View on EDGAR →
8-K2026-06-08
View on EDGAR →
8-K2026-05-29
View on EDGAR →
8-K2026-05-22
View on EDGAR →

Largest Materials peers

All Materials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.