Mission Produce Q3 Revenue Up 10 Percent
Mission Produce (NASDAQ:AVO) reported third quarter 2025 earnings on September 8, 2025, with revenue up 10% to $357.7 million compared to the prior year period and adjusted EBITDA rising 3% year-over-year to $32.6 million. The company’s international farming segment rebounded strongly with European sales increasing and market reach in Asia broadening, and significant capital investments are nearing completion. Key insights in this summary focus on long-term operating leverage, global scale in sourcing and distribution, and emerging margin tailwinds from diversification.
Gross profit climbed 22% year-over-year to $45.1 million, and gross margin rose 120 basis points to 12.6% of revenue, despite average per unit prices for avocados declining 5% year-over-year as volume sold increased 10%. International farming, mainly in Peru, led this margin recovery after last year’s weather disruption, while SG&A rose primarily due to higher incentive compensation from segment outperformance.
The combination of structurally higher owned supply enables Mission Produce to weather price cycles and expand margins, enhancing resilience and earnings power over time.
Source Fool.com
