MIDDLEBY CorpMIDDEarnings & Financial Report
The Middleby Corporation is a publicly traded American company based in Elgin, Illinois. The company manufactures commercial cooking equipment, industrial processing equipment, and residential appliances. The commercial cooking equipment side of Middleby does business with 97 out of the top 100 food service chains in the United States and internationally.
MIDD Q4 FY2025 Key Financial Metrics
Revenue
$866.4M
Gross Profit
$336.2M
Operating Profit
$149.8M
Net Profit
$36.9M
Gross Margin
38.8%
Operating Margin
17.3%
Net Margin
4.3%
YoY Growth
-30.6%
EPS
$0.74
MIDDLEBY Corp Q4 FY2025 Financial Summary
MIDDLEBY Corp reported revenue of $866.4M (down 30.6% YoY) for Q4 FY2025, with a net profit of $36.9M (down 67.1% YoY) (4.3% margin). Cost of goods sold was $530.2M, operating expenses totaled $186.4M.
Key Financial Metrics
| Total Revenue | $866.4M |
|---|---|
| Net Profit | $36.9M |
| Gross Margin | 38.8% |
| Operating Margin | 17.3% |
| Report Period | Q4 FY2025 |
MIDDLEBY Corp Annual Revenue by Year
MIDDLEBY Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.7B).
MIDDLEBY Corp Quarterly Revenue & Net Profit History
MIDDLEBY Corp 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 FY2025 | $866.4M | -30.6% | $36.9M | 4.3% |
| Q3 FY2025 | $982.1M | +4.2% | $-513.0M | -52.2% |
| Q2 FY2025 | $977.9M | -1.4% | $106.0M | 10.8% |
| Q1 FY2025 | $906.6M | -2.2% | $92.4M | 10.2% |
| Q4 FY2024 | $1.0B | +0.5% | $112.3M | 11.1% |
| Q3 FY2024 | $942.8M | -3.9% | $114.2M | 12.1% |
| Q2 FY2024 | $991.5M | -4.7% | $115.4M | 11.6% |
| Q1 FY2024 | $926.9M | -8.0% | $86.6M | 9.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $926.9M | $991.5M | $942.8M | $1.01B | $906.6M | $977.9M | $982.1M | $866.4M |
| YoY Growth | -8.0% | -4.7% | -3.9% | 0.5% | -2.2% | -1.4% | 4.2% | -30.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.93B | $7.03B | $7.20B | $7.28B | $7.40B | $7.34B | $6.35B | $6.32B |
| Liabilities | $3.62B | $3.60B | $3.61B | $3.64B | N/A | N/A | N/A | $3.54B |
| Equity | $3.31B | $3.42B | $3.59B | $3.64B | $3.73B | $3.62B | $2.94B | $2.78B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $140.9M | $149.5M | $156.7M | $239.7M | $141.1M | $122.0M | $176.3M |