---
title: "Mission Produce, Inc. 2Q 2026: Revenue $290.9M, EPS ($0.1) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289099138.md"
description: "Mission Produce reported Q2 2026 revenue of $290.9M, a net loss of $7.4M, and diluted EPS of ($0.1). Results reflect lower avocado prices offsetting higher volumes. The company completed its acquisition of Calavo in May 2026. Marketing & Distribution shifted to operating losses due to compressed margins, while International Farming faced higher production costs."
datetime: "2026-06-08T20:21:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289099138.md)
  - [en](https://longbridge.com/en/news/289099138.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289099138.md)
generator: "portal-rs"
---

# Mission Produce, Inc. 2Q 2026: Revenue $290.9M, EPS ($0.1) — 10-Q Summary

Mission Produce, Inc. reported second-quarter 2026 results with revenue of $290.9M, a net loss of ($7.4M) and diluted EPS of ($0.1), reflecting lower avocado prices that more than offset higher volumes versus the year-ago quarter.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$290.9M

$380.3M

(23.5%)

Net income²

($7.4M)

$3M

(346.7%)

Diluted EPS³

($0.1)

$0.04

(350%)

*¹ Reported as “Net sales”. ² Reported as “Net (loss) income”. ³ Reported as “income per share attributable to Mission Produce”.*

**Business Highlights**

-   Acquisition and strategic expansion: Completed acquisition of Calavo on May 28, 2026, adding prepared foods capabilities and strengthening North American avocado supply.
-   Revenue & channel dynamics: Net sales declined roughly 20–24% YTD/QTD driven by 33–36% lower avocado prices, partially offset by about 14–15% higher avocado volumes sold.
-   Segment performance shift: Marketing & Distribution moved to operating losses due to compressed per-unit margins and transaction costs; International Farming and Blueberries experienced higher per-unit production costs.
-   Operational capacity & investments: Continued capital projects including orchard development, packhouse construction, expansion of Mexican packing capacity and Peruvian blueberry cultivation.
-   Seasonality & supply drivers: Business remains highly seasonal and supply-sensitive; increased Mexican yields pressured prices while Peruvian harvest timing concentrates segment income in the second half of the fiscal year.

Original SEC Filing: Mission Produce, Inc. \[ AVO \] - 10-Q - Jun. 08, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [CVGW.US](https://longbridge.com/en/quote/CVGW.US.md)
- [AVO.US](https://longbridge.com/en/quote/AVO.US.md)

## Related News & Research

- [Ross Stores announces dividend of R$ 0.1 per unit for Q3 2026](https://longbridge.com/en/news/296645108.md)
- [Equatorial Para Distribuidora de Energia declares R$ 0.1-per-share distribution, payable Aug. 31](https://longbridge.com/en/news/296135209.md)
- [Public Storage announces R$ 0.41 per unit dividend for Q3 2026](https://longbridge.com/en/news/296635332.md)
- [REG - UIL Limited UIL Finance Ltd - Purchase of 2026 ZDP Shares](https://longbridge.com/en/news/296518280.md)
- [Corning sets Q3 2026 dividend at R$ 0.25 per unit](https://longbridge.com/en/news/296635714.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**