Logotype for Mission Produce Inc

Mission Produce (AVO) investor relations material

Mission Produce Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Mission Produce Inc
Q4 2025 earnings summary18 Dec, 2025

Executive summary

  • Achieved record full year revenue of $1.39 billion, up 13% year-over-year, driven by strong avocado volume growth, international expansion, and higher Peruvian orchard yields.

  • Record Q4 adjusted EBITDA of $41.4 million, up 12% year-over-year, supported by 13% avocado volume growth and strong global execution.

  • Generated over $180 million in operating cash flow over two years; FY25 operating cash flow was $88.6 million.

  • Leadership transition announced: John Pawlowski to become CEO, Stephen Barnard to transition to Executive Chairman at the April 2026 Annual Meeting.

  • Completion of a major capital investment cycle, with FY26 capex expected to decrease to ~$40 million, supporting accelerated free cash flow.

Financial highlights

  • Fiscal Q4 2025 revenue was $319 million, with 13% volume growth but down year-over-year due to a 27% drop in per-unit avocado prices.

  • Q4 adjusted EBITDA increased 12% to $41.4 million; full year adjusted EBITDA up 3% to $110.8 million.

  • Adjusted net income for Q4 was $22.2 million ($0.31/share), up from $19.6 million ($0.28/share) last year; full year adjusted net income up 6% to $56.2 million ($0.79/share).

  • Q4 net income attributable to shareholders was $16.0 million ($0.22/diluted share), down from $17.3 million ($0.24/diluted share) last year.

  • Avocado volume sold in Q4 was 181.5 million pounds, up 13% year-over-year; average selling price declined to $1.39/lb.

Outlook and guidance

  • Avocado industry volumes expected to rise ~10% in Q1 FY26, with prices projected to be 25% lower year-over-year.

  • FY26 capital expenditures projected at ~$40 million, supporting accelerated free cash flow.

  • Blueberry volumes to increase as new acreage matures, though profitability will be weighed by higher unit costs and lower yields.

  • Mango business expected to maintain its growth trajectory in 2026, focusing on market share and global sourcing.

How will accelerated FCF be deployed in FY226?
What strategic shifts are expected under new CEO?
What actions address blueberry yield/cost issues?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Mission Produce earnings date

Logotype for Mission Produce Inc
Q1 20269 Mar, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Mission Produce earnings date

Logotype for Mission Produce Inc
Q1 20269 Mar, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Mission Produce, Inc. engages in sourcing, producing, packaging, and distributing avocados in the United States and internationally. The company offers custom fruit ripening, cold storage of avocados, and fresh cut produce to food service firms, retailers, and distributors. It also provides ripened avocados for customers in North America through a network of owned and operated warehouses. The company was founded in 1983 and is headquartered in Oxnard, California

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage