Mission Produce, Inc. Q4 2025 Earnings Recap

Mission Produce reported robust fiscal Q4 2025 results, achieving record revenue of $1.39 billion and marking a significant leadership transition as John Pawlowski prepares to take over as CEO.

Key Takeaways

• Revenue increased 13% year-over-year driven by a 7% growth in avocado volume, totaling 691 million pounds sold.
• Record adjusted EBITDA for Q4, contributing to over $180 million in operating cash flow over the past two years.
• European operations grew revenue by over 60%, with a 40% increase in volumes, showcasing successful international expansion.
• The company's Peruvian orchards recovered, enabling a doubling of exportable avocado production, enhancing supply consistency and quality control.
• Strategic agility and global integration have positioned Mission Produce to capitalize on emerging market opportunities while managing supply and demand effectively.