Mission Produce reported total revenue of $1.39 billion for the full year 2025, a 13% increase year-over-year.
The company achieved volume growth of 7% in 2025.
CEO Steve Barnard highlighted the successful transition to a phase of accelerated free cash flow generation with reduced capital expenditures for FY26.
Record Full Year Revenue
Achieved record full year revenue of $1.39 billion, driven by strong execution in Marketing & Distribution and higher yields from owned Peruvian orchards.
Cash Flow Generation
Generated nearly $180 million in cash flow from operations over the past two years, with reduced capital expenditures expected in FY26.
Leadership Succession
Announced Founder & CEO Steve Barnard's transition to Executive Chairman and John Pawlowski assuming the CEO role at the Annual Meeting in April 2026.
- Mission Produce's net income increased in 2025, with adjusted EBITDA showing growth as well.
- Owned exportable avocado production volume significantly increased by 144% for the 2025 harvest season.
- The company's focus on optimizing production and market opportunities led to positive results and strengthened customer relationships.
With strong financial performance in 2025 and a focus on accelerating free cash flow generation, Mission Produce is well-positioned for future growth and value creation for shareholders.