Filing Flows › Mission Produce (AVO) › Q4 FY25
Mission Produce (AVO) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Dec 18, 2025
Mission Produce (AVO) reported revenue of $319M for the fourth quarter fiscal 2025 (Q4 FY25), -10% from a year earlier and -11% from the quarter before. Operating margin was 8.8%, net earnings $16.0M (5.0% of revenue).
Mission Produce, Q4 FY25: revenue $319M (-10% year over year), operating margin 8.8%, net earnings $16.0M, operating cash flow $67.2M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $319M | -11% | -10% |
| Gross profit | $55.7M | +24% | -0.2% |
| Operating profit | $28.0M | +33% | -2% |
| Net earnings | $16.0M | +9% | -8% |
| Operating cash flow | $67.2M | +95% | +77% |
| Free cash flow | $55.6M | +146% | +79% |
What changed
Revenue was $319.0M in Q4 FY25, down 10% year over year and down 11% from the previous quarter. Avocado was the largest line at 81% of revenue.
Gross margin was 17.5%, up 1.7 points from Q4 FY24. Operating profit was $28.0M, a 8.8% margin (up 0.7 points year over year). Operating expenses grew 2% against a revenue fall of 10%. Net earnings were $16.0M, down 8% year over year. The effective tax rate was 40.0%.
Operating cash flow was $67.2M (up 77% year over year), 400% of net income including minority interests. Non-cash charges added back $10.5M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $36.7M. Capital expenditures of $11.6M left free cash flow of $55.6M.
Questions
What was Mission Produce's revenue in the fourth quarter fiscal 2025?
Mission Produce (AVO) reported revenue of $319M for the fourth quarter fiscal 2025 (Q4 FY25), -10% from a year earlier and -11% from the quarter before.
Was Mission Produce profitable in the fourth quarter fiscal 2025?
Operating profit was $28.0M (8.8% of revenue) and net earnings $16.0M.
Source: Mission Produce 10-K on SEC EDGAR.