v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Apr. 30, 2026
Oct. 31, 2025
Current assets:    
Cash and cash equivalents $ 33.0 $ 64.8
Restricted cash 2.1 1.7
Accounts receivable    
Trade, net of allowances of $0.6 and $0.7, respectively 91.6 80.5
Grower and fruit advances 2.7 2.7
Other 14.4 14.6
Inventory 116.6 80.6
Prepaid expenses and other current assets 8.9 8.5
Income taxes receivable 14.3 8.8
Total current assets 283.6 262.2
Property, plant and equipment, net 544.7 542.2
Operating lease right-of-use assets 65.7 67.7
Equity method investees 33.1 34.8
Deferred income tax assets, net 10.5 10.2
Goodwill 39.4 39.4
Other assets 31.2 26.5
Total assets 1,008.2 983.0
Current liabilities:    
Accounts payable 46.5 47.3
Accrued expenses 45.7 38.9
Income taxes payable 0.0 6.8
Grower payables 41.5 23.8
Short-term borrowings 0.0 4.5
Loans from noncontrolling interest holders—current portion 3.4 0.2
Long-term debt—current portion 3.0 3.0
Operating leases—current portion 6.3 6.9
Finance leases—current portion 2.1 3.1
Total current liabilities 148.5 134.5
Long-term debt, net of current portion 115.8 92.8
Loans from noncontrolling interest holders, net of current portion 0.0 0.9
Operating leases, net of current portion 65.5 67.5
Finance leases, net of current portion 21.6 22.0
Income taxes payable 0.3 0.0
Deferred income tax liabilities, net 19.1 19.1
Other long-term liabilities 25.8 26.3
Total liabilities 396.6 363.1
Commitments and contingencies (Note 7)
Shareholders’ Equity    
Common stock ($0.001 par value, 1,000,000,000 shares authorized; 70,788,984 and 70,569,517 shares issued and outstanding as of April 30, 2026 and October 31, 2025, respectively) 0.1 0.1
Additional paid-in capital 247.6 247.3
Accumulated other comprehensive income 1.7 0.6
Retained earnings 329.2 339.3
Mission Produce shareholders' equity 578.6 587.3
Noncontrolling interest 33.0 32.6
Total equity 611.6 619.9
Total liabilities and equity $ 1,008.2 $ 983.0
Common stock, issued (in shares) 70,788,984 70,569,517
Common stock, outstanding (in shares) 70,788,984 70,569,517