MIDDLEBY Corp (MIDD) Financial Statements
Industry: Refrigeration & Service Industry Machinery
In fiscal 2025, MIDDLEBY reported revenue of $3.20B, down 17.4% from $3.88B the year before. Net income was -$277.7M (a -8.7% net margin), or -$5.32 per diluted share. Gross margin was 39.1% and operating margin was 18.0%. Operating activities generated $630.2M of cash, leaving $559.5M of free cash flow. At fiscal year end, MIDDLEBY held $6.32B in total assets against $3.54B in total liabilities, including $222.2M of cash and equivalents.
Open the full interactive MIDDLEBY financials → Quarterly statements, key ratios, valuation history and price charts.
MIDDLEBY Key Stats
| Share Price | $106.46 |
|---|---|
| Market Cap | $4.83B |
| Revenue YoY Growth | -17.4% |
| 52-Week Range | $89.85 – $144.17 |
| Shares Outstanding | 45.3 million (basic, 2027 Q2) |
MIDDLEBY Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.51B | $3.25B | $4.03B | $4.04B | $3.88B | $3.20B |
| Cost of Goods Sold | $1.63B | $2.06B | $2.59B | $2.50B | $2.40B | $1.95B |
| Gross Profit | $882.0M | $1.19B | $1.45B | $1.53B | $1.47B | $1.25B |
| Operating Income | $324.4M | $630.0M | $639.6M | $634.9M | $656.2M | $574.9M |
| Pre-Tax Income | $268.1M | $619.5M | $564.4M | $519.4M | $577.3M | $482.3M |
| Income Tax | $60.8M | $131.0M | $127.8M | $118.5M | $148.9M | $115.0M |
| Net Income | $207.3M | $488.5M | $436.6M | $400.9M | $428.4M | -$277.7M |
| Diluted EPS | $3.76 | $8.62 | $7.95 | $7.41 | $7.90 | -$5.32 |
MIDDLEBY Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2027 Q2 | |
|---|---|---|---|---|
| Revenue | $839.9M | $977.9M | $982.1M | $875.5M |
| Net Income | -$50.1M | $106.0M | -$513.0M | $54.8M |
| Diluted EPS | -$1.06 | $1.99 | -$10.15 | $1.21 |
MIDDLEBY Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $268.1M | $180.4M | $162.0M | $247.5M | $689.5M | $222.2M |
| Current Assets | $1.27B | $1.71B | $2.01B | $1.97B | $2.33B | $2.74B |
| Total Assets | $5.20B | $6.38B | $6.87B | $6.91B | $7.28B | $6.32B |
| Current Liabilities | $700.3M | $914.9M | $988.3M | $851.1M | $829.3M | $1.07B |
| Total Long-Term Debt | $1.73B | $2.41B | $2.72B | $2.43B | $2.40B | $2.17B |
| Total Liabilities | $3.23B | $3.89B | $4.08B | $3.66B | $3.64B | $3.54B |
| Shareholders' Equity | $1.98B | $2.49B | $2.80B | $3.25B | $3.64B | $2.78B |
MIDDLEBY Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $524.8M | $423.4M | $332.6M | $628.8M | $686.8M | $630.2M |
| Cash From Investing | -$106.8M | -$1.01B | -$348.3M | -$155.7M | -$158.5M | -$126.9M |
| Cash From Financing | -$252.5M | $502.8M | $7.6M | -$390.9M | -$73.8M | -$970.9M |
| Free Cash Flow | $489.9M | $376.8M | $265.3M | $543.6M | $637.5M | $559.5M |
Figures from MIDDLEBY's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full MIDDLEBY financials page for every line item.
MIDDLEBY Company Profile
| Ticker | MIDD |
|---|---|
| Exchange | Nasdaq |
| Industry | Refrigeration & Service Industry Machinery |
| Headquarters | Elgin, Illinois |
| Incorporated in | Delaware |
| Fiscal Year End | January 2 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000769520 |
Frequently Asked Questions
What was MIDDLEBY's revenue in fiscal 2025?
MIDDLEBY (MIDD) reported revenue of $3.20B for fiscal 2025.
What is MIDDLEBY's annual revenue history?
MIDDLEBY's annual revenue by fiscal year: 2020: $2.51B; 2021: $3.25B; 2022: $4.03B; 2023: $4.04B; 2024: $3.88B; 2025: $3.20B.
What was MIDDLEBY's net income in fiscal 2025?
MIDDLEBY reported net income of -$277.7M for fiscal 2025.
What was MIDDLEBY's earnings per share (EPS) in fiscal 2025?
MIDDLEBY's diluted EPS was -$5.32 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did MIDDLEBY generate in fiscal 2025?
MIDDLEBY generated $559.5M of free cash flow in fiscal 2025.
What was MIDDLEBY's revenue last quarter?
In its most recent reported quarter (2027 Q2), MIDDLEBY reported revenue of $875.5M.
How much debt does MIDDLEBY have?
MIDDLEBY reported $2.17B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of MIDDLEBY are outstanding?
MIDDLEBY reported a weighted average of 45.3 million basic shares outstanding in 2027 Q2.
What is MIDDLEBY's market cap?
Based on its latest closing price, MIDDLEBY (MIDD) has a market capitalization of about $4.83B.
When does MIDDLEBY's fiscal year end?
MIDDLEBY's fiscal year end, as registered with the SEC, is January 2.
Where is MIDDLEBY headquartered?
MIDDLEBY lists its business address in Elgin, Illinois in its SEC filings.