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Mission Produce (AVO)

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Earnings summaries and quarterly performance for Mission Produce.

Recent press releases and 8-K filings for AVO.

Mission Produce Announces Q4 2025 Results
AVO
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Mission Produce reported Total Revenue of $319 million and Adjusted EBITDA of $41.4 million for Q4 2025, with Adjusted EBITDA increasing 12% year-over-year.
  • The record Q4 Adjusted EBITDA was primarily driven by a 13% year-over-year increase in avocado volume sold to 181.5 million pounds, alongside strong performance in the Marketing & Distribution and International Farming segments.
  • For the full fiscal year 2025, the company generated $89 million in operating cash flow and expects capital expenditures to decrease to approximately $40 million in FY26, positioning the company for accelerated free cash flow generation.
6 days ago
Mission Produce Announces Leadership Transition and Fiscal 2025 Results
AVO
CEO Change
Earnings
Guidance Update
  • John Pawlowski will assume the role of Chief Executive Officer, and Steve Barnard will transition to Executive Chairman of the Board, effective at the annual meeting in April.
  • Mission Produce reported record revenue of $1.39 billion for Fiscal Year 2025, representing a 13% increase, and achieved record Adjusted EBITDA in the fourth quarter.
  • For Q4 2025, revenue totaled $319 million, a 10% decrease year-over-year, primarily due to a 27% decrease in average per-unit avocado sales prices despite a 13% volume growth. Adjusted net income was $22.2 million, or $0.31 per diluted share, and Adjusted EBITDA increased 12% to $41.4 million.
  • The company generated $88.6 million in operating cash flow for Fiscal 2025 and expects capital expenditures to decrease from $51.4 million in Fiscal 2025 to approximately $40 million in Fiscal 2026, positioning for accelerated free cash flow generation.
  • For the first quarter of Fiscal 2026, avocado industry volumes are projected to increase by approximately 10%, with pricing expected to be lower by approximately 25% year-over-year.
6 days ago
Mission Produce Announces Leadership Transition and Q4 2025 Results
AVO
CEO Change
Earnings
Guidance Update
  • John Pawlowski will assume the role of Chief Executive Officer, with current CEO Steve Barnard transitioning to Executive Chairman of the Board, effective April.
  • For fiscal year 2025, Mission Produce reported record revenue of $1.39 billion, a 13% increase, driven by 7% avocado volume growth. The company also generated over $180 million in operating cash flow over the past two years.
  • In Q4 2025, revenue decreased 10% to $319 million due to a 27% decrease in average per-unit avocado sales prices, despite a 13% increase in avocado volume. Adjusted EBITDA for the quarter increased 12% to a record $41.4 million.
  • The company expects Q1 2026 avocado industry volumes to increase by approximately 10%, with pricing anticipated to be lower by about 25% year-over-year. Capital expenditures are projected to step down to approximately $40 million for fiscal year 2026, positioning the company for accelerated free cash flow generation.
  • Mission Produce aims to increase avocado household penetration from the current 70% to 73%-75% over the next two to three years, leveraging higher fruit availability and promotions.
6 days ago
Mission Produce Reports Q4 and Full-Year 2025 Results, Announces CEO Transition
AVO
Earnings
CEO Change
Guidance Update
  • Mission Produce reported Q4 2025 revenue of $319 million, a 10% decrease year-over-year due to a 27% decrease in average per-unit avocado sales prices, despite a 13% increase in avocado volume.
  • For the full fiscal year 2025, the company achieved record revenue of $1.39 billion, a 13% growth, and record Adjusted EBITDA of $41.4 million in Q4.
  • The company announced a leadership transition, with John Pawlowski (President and COO) becoming CEO and Stephen Barnard transitioning to Executive Chairman of the Board, effective at the Annual Meeting in April.
  • Mission Produce generated $88.6 million in operating cash flow for FY2025, reduced long-term debt by $18 million, and expects capital expenditures to step down to approximately $40 million in FY2026 from $51.4 million in FY2025.
  • For Q1 2026, the company anticipates a 10% increase in avocado industry volumes but a 25% decrease in avocado pricing year-over-year.
6 days ago
Mission Produce Announces Fiscal 2025 Fourth Quarter and Full Year Financial Results
AVO
Earnings
CEO Change
Guidance Update
  • Mission Produce achieved record full year revenue of $1.39 billion in fiscal 2025, marking a 13% increase year-over-year.
  • For the fourth quarter of fiscal 2025, total revenue was $319.0 million, with adjusted net income increasing 13% to $22.2 million (or $0.31 per diluted share) and adjusted EBITDA increasing 12% to $41.4 million.
  • The company announced a leadership succession plan, with Founder & CEO Steve Barnard transitioning to Executive Chairman and John Pawlowski assuming the CEO role at the Annual Meeting in April 2026.
  • Cash flow from operations for fiscal 2025 was $88.6 million, and capital expenditures are projected to decrease to approximately $40 million in fiscal 2026.
6 days ago
Mission Produce Announces Fiscal 2025 Fourth Quarter and Full Year Financial Results
AVO
Earnings
CEO Change
Guidance Update
  • Mission Produce achieved record full year revenue of $1.39 billion for fiscal year 2025, an increase of 13% year-over-year, with fourth-quarter revenue reaching $319.0 million.
  • For fiscal year 2025, net income attributable to Mission Produce increased 3% to $37.7 million ($0.53 per diluted share), and adjusted EBITDA increased 3% to $110.8 million.
  • The company generated $88.6 million in cash flow from operations in fiscal year 2025, totaling nearly $180 million over the past two years, and anticipates capital expenditures to step down to approximately $40 million in fiscal year 2026.
  • A leadership succession plan was announced, with Founder & CEO Steve Barnard transitioning to Executive Chairman and John Pawlowski assuming the CEO role in April 2026.
6 days ago
Mission Produce, Inc. Updates Investor Presentation and Provides Financial Overview
AVO
Earnings
Guidance Update
New Projects/Investments
  • Mission Produce, Inc. published an updated investor presentation on November 17, 2025, to be used at the Stephens NASH25 Conference.
  • For Q3 2025, the company reported $357.7 million in revenue, a 10% increase year-over-year, and $31.5 million in net income, up 3%.
  • Last Twelve Months (LTM) 3Q25 revenue reached $1.43 billion, with net income of $106.3 million.
  • The company anticipates a long-term financial outlook of mid-single digit total revenue growth and high-single digit adjusted EBITDA growth.
  • Mission Produce highlights its vertically integrated global network, which supports year-round supply of avocados and mangos, and strategic investments in farming and distribution.
Nov 17, 2025, 10:59 PM