The financials
The Middleby Corporation by the numbers
The Middleby Corporation (MIDD) reported revenue of $840M in Q1 2026 (quarter ended April 4, 2026), up 15% from the same quarter a year earlier. That came with a gross margin of 38% and net loss of $50M. For the full year FY2025, revenue was $3.20B (+1.6% year on year) and net income −$278M. Its largest segment in 2026-Q2 was Commercial Foodservice Equipment Group at $437M, 78% of the disclosed total, just ahead of Food Processing Group at 22%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $840M | $731M | +15% |
| Gross profit | $323M | $293M | +10% |
| Operating income | $133M | $130M | +3.0% |
| Net income | −$50M | $92M | to a loss |
| Diluted EPS | −$1.06 | $1.69 | to a loss |
| Operating | Revenue | Share |
|---|---|---|
| Commercial Foodservice Equipment Group | $437M | 78% |
| Food Processing Group | $126M | 22% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $562.8M (-0.09%)
Commercial Foodservice Equipment Group grew +5.9% year on yearFood Processing Group +0.83% year on year
Segment Latestquarter on quarteryear on year
- Commercial Foodservice Equipment Group$436.8M$436.8MQoQ -2.6%year on year +5.9%-2.6%+5.9%
- Food Processing Group$126.0M$126.0MQoQ +9.5%year on year +0.83%+9.5%+0.83%
- Corporate And Other$0.00$0.00QoQ -year on year ---
- Residential Kitchen--QoQ -year on year ---
Specialty Industrial Machinery
Ranks #18 of 44 by Smart Score