Middleby Corporation (MIDD)

Nasdaq: MIDD · Refrigeration & Service Industry Machinery · Elgin, IL · filing with the SEC since 1995

Grade4.4

◀ Past 5.8● Present 3.7▶ Future 3.8

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in January.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Jan 3, 2026	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021	Dec 28, 2019	Dec 29, 2018	Dec 30, 2017	Dec 31, 2016
Report filed	Mar 4, 2026	Feb 26, 2025	Feb 28, 2024	Mar 1, 2023	Mar 2, 2022	Mar 3, 2021	Feb 26, 2020	Feb 27, 2019	Feb 28, 2018	Mar 1, 2017
Revenue	3,201,202	3,150,239^r	3,242,090^r	4,032,853	3,250,792	2,513,257	2,959,446	2,722,931	2,335,542	2,267,852
Cost of revenue	1,949,287	1,898,420^r	1,958,012^r	2,586,299	2,055,932	1,631,209	1,855,949	1,718,791	1,422,801	1,366,672
Gross profit	1,251,915	1,251,819^r	1,284,078^r	1,446,554	1,194,860	882,048	1,103,497	1,004,140	912,741	901,180
Research and development	58,800	50,800^r	47,100^r	48,900	41,800	35,300	41,200	35,300	29,100	26,300
Selling, general and administrative	663,156	590,115^r	624,933^r	797,234	667,976	531,897	593,813	538,842	468,219^r	471,638^r
General and administrative	·	·	·	·	·	·	·	·	·	220,548
Operating income	574,891	644,123^r	652,427^r	639,604	629,992	324,431	514,043	445,966	378,613^r	419,018^r
Other income (expense), net	-5,082	458^r	-4,258^r	-28,893	1,603	-3,071	2,328	-1,825	-829	-1,040
Income before income taxes	482,275	566,097^r	536,080^r	564,415	619,504	268,057	462,619	423,513	383,529	421,305
Income tax expense	115,008	145,119^r	123,076^r	127,846	131,012	60,763	110,379	106,361	85,401	137,089
Income from continuing operations	367,267	420,978	413,004	·	·	·	·	·	·	·
Income from discontinued operations	-644,998	7,455	-12,122	·	·	·	·	·	·	·
Net income	-277,731	428,433	400,882	436,569	488,492	207,294	352,240	317,152	298,128	284,216
Earnings per share, basic	-5.38	7.97	7.48	8.07	8.85	3.76	6.33	5.71	5.26	4.98
Earnings per share, diluted	-5.32	7.90	7.41	7.95	8.62	3.76	6.33	5.70	5.26	4.98
Weighted average shares, basic	51,655	53,738	53,577	54,095	55,216	55,093	55,647	55,576	56,715	57,030
Weighted average shares, diluted	52,179	54,209	54,086	54,947	56,665	55,136	55,656	55,604	56,719	57,085

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton MIDD · research, not advice