v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jul. 31, 2026
Oct. 31, 2025
Current assets:    
Cash and cash equivalents $ 47.1 $ 64.8
Restricted cash 1.2 1.7
Accounts receivable    
Trade, net of allowances of $2.5 and $0.7, respectively 136.0 80.5
Grower and fruit advances 12.2 2.7
Other 36.6 14.6
Inventory 141.3 80.6
Prepaid expenses and other current assets 11.1 8.5
Income taxes receivable 16.4 8.8
Total current assets 401.9 262.2
Property, plant and equipment, net 657.7 542.2
Operating lease right-of-use assets 78.2 67.7
Equity method investees 33.1 34.8
Deferred income tax assets, net 10.5 10.2
Goodwill 268.3 39.4
Intangible asset, net 100.7 0.0
Other assets 56.4 26.5
Total assets 1,606.8 983.0
Current liabilities:    
Accounts payable 61.4 47.3
Accrued expenses 69.5 38.9
Income taxes payable 0.0 6.8
Grower payables 49.6 23.8
Short-term borrowings 0.0 4.5
Loans from noncontrolling interest holders—current portion 3.9 0.2
Long-term debt—current portion 11.5 3.0
Operating leases—current portion 10.2 6.9
Finance leases—current portion 3.6 3.1
Total current liabilities 209.7 134.5
Long-term debt, net of current portion 388.9 92.8
Loans from noncontrolling interest holders, net of current portion 0.0 0.9
Operating leases, net of current portion 75.6 67.5
Finance leases, net of current portion 24.9 22.0
Income taxes payable 0.3 0.0
Deferred income tax liabilities, net 51.3 19.1
Other long-term liabilities 56.3 26.3
Total liabilities 807.0 363.1
Commitments and contingencies (Note 8)
Shareholders’ Equity    
Common stock ($0.001 par value, 1,000,000,000 shares authorized; 87,678,404 and 70,569,517 shares issued and outstanding as of July 31, 2026 and October 31, 2025, respectively) 0.1 0.1
Additional paid-in capital 446.5 247.3
Accumulated other comprehensive income 1.9 0.6
Retained earnings 315.5 339.3
Mission Produce shareholders' equity 764.0 587.3
Noncontrolling interest 35.8 32.6
Total equity 799.8 619.9
Total liabilities and equity $ 1,606.8 $ 983.0