FRESH DEL MONTE PRODUCE INCFDPEarnings & Financial Report
Fresh Del Monte Produce Incorporated is one of the world’s leading vertically integrated producers, distributors, and marketers of prepared, fresh and fresh-cut fruits and vegetables. Incorporated in George Town, Cayman Islands, its US executive office is located at 241 Sevilla Avenue, Coral Gables, Florida.
Revenue
$1.1B
Gross Profit
$82.3M
Operating Profit
$44.1M
Net Profit
$26.1M
Gross Margin
7.4%
Operating Margin
4.0%
Net Margin
2.4%
YoY Growth
-1.8%
EPS
$0.55
Financial Flow
FRESH DEL MONTE PRODUCE INC Q1 2024 Financial Summary
FRESH DEL MONTE PRODUCE INC reported revenue of $1.1B (down 1.8% YoY) for Q1 2024, with a net profit of $26.1M (down 33.1% YoY) (2.4% margin). Cost of goods sold was $1.0B, operating expenses totaled $38.2M.
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | $26.1M |
| Gross Margin | 7.4% |
| Operating Margin | 4.0% |
| Report Period | Q1 2024 |
Revenue Breakdown
FRESH DEL MONTE PRODUCE INC Q1 2024 revenue of $1.1B breaks down across 12 segments, led by Other at $379.5M (34.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $379.5M | 34.3% |
| Gold Pineapples | $163.6M | 14.8% |
| Fresh Cut Fruit | $119.8M | 10.8% |
| Fresh Cut Vegetables | $81.4M | 7.3% |
| Avocados | $79.5M | 7.2% |
| Prepared Food | $69.5M | 6.3% |
| Non Tropical Fruit | $60.5M | 5.5% |
| Melons | $53.2M | 4.8% |
| Other Productsand Services | $51.6M | 4.7% |
| Vegetables | $25.6M | 2.3% |
| Other Fruit Productsand Services | $20.0M | 1.8% |
| Tomatoes | $3.7M | 0.3% |
FRESH DEL MONTE PRODUCE INC Revenue by Segment — Quarterly Trend
FRESH DEL MONTE PRODUCE INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and Gold Pineapples) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Other | $482.7M | — | $72.7M | — |
| Gold Pineapples | $184.9M | $168.1M | $190.4M | $161.9M |
| Fresh Cut Fruit | $126.4M | $159.5M | $159.1M | $130.1M |
| Fresh Cut Vegetables | $69.3M | $74.6M | $73.1M | $68.2M |
| Avocados | $66.9M | $79.1M | $99.5M | $106.7M |
FRESH DEL MONTE PRODUCE INC Annual Revenue by Year
FRESH DEL MONTE PRODUCE INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.3B |
| 2024 | $4.3B |
FRESH DEL MONTE PRODUCE INC Quarterly Revenue & Net Profit History
FRESH DEL MONTE PRODUCE INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $1.0B | +0.6% | $32.3M | 3.2% |
| Q3 2025 | $1.0B | +0.2% | $-29.1M | -2.8% |
| Q2 2025 | $1.2B | +3.8% | $56.8M | 4.8% |
| Q1 2025 | $1.1B | -0.9% | $31.1M | 2.8% |
| Q4 2024 | $1.0B | +0.4% | $20.3M | 2.0% |
| Q3 2024 | $1.0B | +1.6% | $42.1M | 4.1% |
| Q2 2024 | $1.1B | -3.5% | $53.6M | 4.7% |
| Q1 2024 | $1.1B | -1.8% | $26.1M | 2.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.11B | $1.14B | $1.02B | $1.01B | $1.10B | $1.18B | $1.02B | $1.02B |
| YoY Growth | -1.8% | -3.5% | 1.6% | 0.4% | -0.9% | 3.8% | 0.2% | 0.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.20B | $3.11B | $3.16B | $3.10B | $3.15B | $3.16B | $3.07B | $3.06B |
| Liabilities | $1.27B | $1.14B | $1.15B | $1.09B | $1.13B | $1.09B | $1.04B | $1.03B |
| Equity | $1.91B | $1.95B | $1.99B | $1.99B | $2.01B | $2.06B | $2.01B | $2.02B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $18.7M | $125.0M | $43.5M | $-4.7M | $46.1M | $113.1M | $75.0M | $10.9M |