Mission Produce Inc (AVO) FinancialsAVOFinancialMission Produce Inc

Mission Produce Inc (AVO) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Avocado, accounting for 84.8% of total sales, equivalent to $246.70M. Other significant revenue streams include Mango and Blueberry. Understanding this composition is critical for investors evaluating how AVO navigates market cycles within the Fishing & Farming industry.

Evaluating the bottom line, Mission Produce Inc maintains a gross margin of 7.05%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -2.27%, while the net margin is -2.54%. These profitability ratios, combined with a Return on Equity (ROE) of 4.03%, provide a clear picture of how effectively AVO converts its operational activities into shareholder value.

In the context of the broader market, AVO competes directly with industry leaders such as GLAS and DMC. With a market capitalization of $1.15B, it holds a significant position in the sector. When comparing efficiency, AVO's gross margin of 7.05% stands against GLAS's 26.22% and DMC's 9.95%. Such benchmarking helps identify whether Mission Produce Inc is trading at a premium or discount relative to its financial performance.

Mission Produce has shown declining revenue, with Q2 2026 revenue at $290.9 million, down from $380.3 million in Q1 2025. The net income has turned negative, with a loss of $7.4 million in Q2 2026, compared to a profit of $3 million in the same quarter last year. Gross margin has also decreased significantly, dropping to 7.05% in Q2 2026.