Calavo Growers, Inc. (CVGW) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	616.3M	648.4M	661.5M	594.1M	1.2B
Cost of Revenue	553.1M	584.8M	593.7M	531.5M	1.1B
Gross Profit	63.1M	63.7M	67.8M	62.6M	72.8M
Operating Expenses
R&D Expense	—	—	100.0K	100.0K	100.0K
SG&A Expense	48.2M	42.1M	48.9M	41.7M	60.7M
General & Admin Expense	12.0M	41.8M	—	—	—
Selling & Marketing Expense	300.0K	300.0K	—	—	—
Other Expenses	1.8M	2.0M	1.0M	3.1M	1.4M
Total Operating Expenses	50.0M	44.1M	50.1M	44.9M	62.2M
Cost and Expenses	602.9M	628.8M	643.8M	576.4M	1.2B
Operating Income (EBIT)	13.1M	19.6M	17.7M	17.7M	10.6M
Non-Operating
Interest Income	2.9M	3.2M	1.0M	605.0K	500.0K
Interest Expense	743.0K	827.0K	2.9M	2.5M	1.7M
Net Interest Income	2.2M	2.4M	(1.9M)	(1.9M)	(1.2M)
Other Non-Op Income/Expense	7.1M	5.0M	(8.6M)	(6.5M)	(14.0M)
Non-Operating Income (excl Interest)	(9.4M)	(6.0M)	5.2M	3.3M	11.7M
EBT (Pre-Tax Income)	20.2M	24.6M	9.2M	11.2M	(3.4M)
Income Tax Expense	3.9M	4.6M	2.3M	6.1M	3.3M
Bottom Line
Net Income	16.1M	19.8M	(1.3M)	(8.3M)	(6.2M)
Earnings from Cont. Ops	16.3M	20.0M	6.8M	5.1M	(6.6M)
Earnings from Discont. Ops	—	—	(8.1M)	(13.0M)	—
Bottom Line Net Income	16.1M	19.8M	(1.3M)	(8.3M)	(6.2M)
Per Share
Basic EPS	$1.12	$1.11	($0.06)	($0.47)	($0.34)
Diluted EPS	$1.12	$1.11	($0.06)	($0.47)	($0.34)
Revenue Per Share	$34.48	$36.34	$37.16	$33.47	$67.43
Shares
Basic Shares Outstanding	17.9M	17.8M	17.8M	17.8M	17.7M
Diluted Shares Outstanding	17.9M	17.9M	17.9M	17.8M	17.7M
Profitability Metrics
EBITDA	26.5M	33.1M	23.1M	31.7M	15.5M
D&A	7.3M	7.5M	10.6M	17.3M	16.6M
EBIT	19.2M	25.7M	12.5M	14.5M	(1.1M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jan 1, 2026