FRESH DEL MONTE PRODUCE INC

FRESH DEL MONTE PRODUCE INCFDPEarnings & Financial Report

NYSE · Consumer Staples · Agricultural Production-Crops

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

$92.2M

Operating Profit

$44.9M

Net Profit

$31.1M

Gross Margin

8.4%

Operating Margin

4.1%

Net Margin

2.8%

YoY Growth

-0.9%

EPS

$0.64

Financial Flow

FRESH DEL MONTE PRODUCE INC Q1 2025 Financial Summary

FRESH DEL MONTE PRODUCE INC reported revenue of $1.1B (down 0.9% YoY) for Q1 2025, with a net profit of $31.1M (up 19.2% YoY) (2.8% margin). Cost of goods sold was $1.0B, operating expenses totaled $47.3M.

Key Financial Metrics

Total Revenue$1.1B
Net Profit$31.1M
Gross Margin8.4%
Operating Margin4.1%
Report PeriodQ1 2025

Revenue Breakdown

FRESH DEL MONTE PRODUCE INC Q1 2025 revenue of $1.1B breaks down across 11 segments, led by Banana at $363.8M (33.1% of total).

SegmentRevenue% of Total
Banana$363.8M33.1%
Gold Pineapples$161.9M14.7%
Fresh Cut Fruit$130.1M11.8%
Avocados$106.7M9.7%
Prepared Food$70.9M6.5%
Fresh Cut Vegetables$68.2M6.2%
Melons$54.8M5.0%
Non Tropical Fruit$51.6M4.7%
Other Productsand Services$51.4M4.7%
Other Fruit Productsand Services$23.3M2.1%
Vegetables$15.7M1.4%

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 Banana and Gold Pineapples) has evolved quarter over quarter.

SegmentQ4 2025Q3 2025Q2 2025Q1 2025
Banana$358.0M$410.0M$363.8M
Gold Pineapples$184.9M$168.1M$190.4M$161.9M
Fresh Cut Fruit$126.4M$159.5M$159.1M$130.1M
Avocados$66.9M$79.1M$99.5M$106.7M
Prepared Food$61.5M$70.9M

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).

YearAnnual 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.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 2025$1.0B+0.6%$32.3M3.2%
Q3 2025$1.0B+0.2%$-29.1M-2.8%
Q2 2025$1.2B+3.8%$56.8M4.8%
Q1 2025$1.1B-0.9%$31.1M2.8%
Q4 2024$1.0B+0.4%$20.3M2.0%
Q3 2024$1.0B+1.6%$42.1M4.1%
Q2 2024$1.1B-3.5%$53.6M4.7%
Q1 2024$1.1B-1.8%$26.1M2.4%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 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 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 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 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$18.7M$125.0M$43.5M$-4.7M$46.1M$113.1M$75.0M$10.9M