The financials
Mission Produce, Inc. by the numbers
Mission Produce, Inc. (AVO) reported revenue of $291M in Q2 2026 (quarter ended April 30, 2026), down 24% from the same quarter a year earlier. That came with a gross margin of 7.0% and net loss of $7.2M. For the full year FY2025, revenue was $1.39B (+13% year on year) and net income $38M. Its largest product in 2026-Q2 was Avocado at $247M, 85% of the disclosed total, just ahead of Mango at 11%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $291M | $380M | −24% |
| Gross profit | $21M | $28M | −28% |
| Operating income | −$7.0M | $6.9M | to a loss |
| Net income | −$7.2M | $3.1M | to a loss |
| Diluted EPS | −$0.10 | $0.04 | to a loss |
| Product | Revenue | Share |
|---|---|---|
| Avocado | $247M | 85% |
| Mango | $31M | 11% |
| Blueberry | $11M | 3.8% |
| Other | $2.3M | 0.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $290.9M (+4.4%)
Other grew +9.5% year on yearBlueberry -30% year on year
Segment Latestquarter on quarteryear on year
- Avocado$246.7M$246.7MQoQ +12%year on year -26%+12%-26%
- Mango$30.9M$30.9MQoQ +140%year on year +3.3%+140%+3.3%
- Blueberry$11.0M$11.0MQoQ -73%year on year -30%-73%-30%
- Other$2.3M$2.3MQoQ -43%year on year +9.5%-43%+9.5%