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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 Q3 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
401.7×
trailing when available, otherwise FY EPS
Market cap
$1.06B
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 Q3 FY2026: revenue $450M, up 25.8% from Q3 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 225 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin11.6%
15th percentile of 177
Operating margin4.7%
49th percentile of 174
Net margin2.7%
52nd percentile of 206
FCF margin2.7%
40th percentile of 191
Revenue growth (YoY)+12.7%
81st percentile of 220
ROE6.1%
55th percentile of 200
P/E401.7×
Highest of 114
Long-term debt / equity0.15×
17th percentile of 156
Short interest5.02d
69th percentile of 221

Mission Produce’s P/E of 401.7 is the highest of the 114 peers with a meaningful P/E. Mission Produce’s gross margin of 11.6% ranks in the 15th percentile of the 177 Materials companies reporting it.

2 reported insider purchases (code P) totaling $594,786 in the last 90 days, against 9 sales totaling $3.2M. 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.

Buys (90d)
2
1 insider
Bought (90d)
$595K
code P value
Sells (90d)
9
$3.2M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-10-12
filed 2026-10-13
Luis A. GonzalezDirectorBuy22.0K$11.22$247K
2026-10-09
filed 2026-10-13
Luis A. GonzalezDirectorBuy30.0K$11.59$348K
2026-09-24
filed 2026-09-25
Stephen J. BarnardExecutive ChairmanSell11.3K$13.00$146K
2026-09-24
filed 2026-09-25
Stephen J. BarnardExecutive ChairmanSell10.4K$13.00$135K
2026-09-21
filed 2026-09-23
Stephen J. BarnardExecutive ChairmanSell57.0K$13.01$742K
2026-09-21
filed 2026-09-23
Stephen J. BarnardExecutive ChairmanSell54.3K$13.01$707K
2026-09-18
filed 2026-09-21
Stephen J. BarnardExecutive ChairmanSell35.1K$12.54$440K
2026-09-18
filed 2026-09-21
Stephen J. BarnardExecutive ChairmanSell500$13.00$7K
2026-09-14
filed 2026-09-15
Stephen J. BarnardExecutive ChairmanSell34.8K$13.02$453K
2026-09-14
filed 2026-09-15
Stephen J. BarnardExecutive ChairmanSell31.7K$13.01$413K
2026-09-11
filed 2026-09-15
Stephen J. BarnardExecutive ChairmanSell15.0K$13.10$197K
2026-07-09
filed 2026-07-10
Globalharvest Holdings Venture Ltd10% ownerBuy593.0K$13.28$7.9M

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
4.8M
settled 2026-09-30
Change vs prior
-6.3%
vs previous settlement
Days to cover
5.02
at avg daily volume
Avg daily volume
950.4K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-304.8M-6.3%5.02
2026-09-155.1M+4.0%6.41
2026-08-314.9M+3.6%10.12
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

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
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 (tap or hover a figure to see how it was calculated or what was 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 (tap or hover a figure to see how it was calculated or what was 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

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 (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$450.0M25.8%$-6.5M$-0.08
Q2 FY2026$290.9M-23.5%$-7.2M$-0.10
Q1 FY2026$278.6M-16.6%$-700,000$-0.01
Q4 FY2025-10.0%
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 FY202437.4%

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorMaterials
SIC industryAgricultural Services
Latest annual periodFY2025 (ended October 31, 2025)
Latest reported quarterQ3 FY2026 (ended July 31, 2026)
Oldest indexed filing2020
SEC CIK1802974

Selected SEC filings

10-Q2026-09-08
View on EDGAR →
10-Q2026-06-08
View on EDGAR →
8-K2026-10-08
View on EDGAR →
8-K2026-09-16
View on EDGAR →
8-K2026-09-08
View on EDGAR →
8-K2026-07-10
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.