NASDAQ$MIDD
Middleby Corp · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Middleby Corp reported net sales of $839.9 million and a net loss of $50.1 million for the first quarter of 2026.
The company achieved revenue growth of 15% year-over-year driven by strength in both Commercial Foodservice and Food Processing segments. Results were impacted by a large loss from discontinued operations related to the sale of the Residential Kitchen Equipment Group. Adjusted EBITDA reached $180.6 million reflecting solid operational performance despite tariff and inflation pressures.
- Net sales rose 15% to $839.9 million with organic growth of 11.9%.
- Commercial Foodservice segment delivered $615.5 million in revenue while Food Processing grew 33.7%.
- Completed sale of 51% stake in Residential Kitchen business generating $564.6 million in net proceeds.
- Company maintains strong liquidity with $2.0 billion in remaining credit facility capacity.
Headline financials
Revenue & EPS history
Middleby · Revenue · Quarterly
$840M
Revenue by segment
Middleby · $840M total across 2 segments · Q1 2026
- Commercial Foodservice$616M—73.3%
- Food Processing$224M—26.7%
Forward guidance
Company continues to monitor tariff impacts and supply chain conditions while targeting completion of Food Processing spin-off in July 2026.
Tailwinds
- Strong order rates and backlog levels across segments
- Successful execution of Residential Kitchen divestiture
Headwinds
- Tariff-related cost increases on raw materials and components
- Continued supply chain constraints for certain key components
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
+1.1%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+0.7%
Avg return
30 days after
52%
34 / 66 earnings
Positive
+18.9%
Q3 2020
Best reaction
-18.7%
Q1 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -3.9% | — | |
| Q4 2025 | +5.9% | +2.8% | -18.5% | |
| Q3 2025 | -2.8% | -0.0% | +2.3% | |
| Q2 2025 | -18.3% | -17.1% | -0.2% | |
| Q1 2025 | -2.7% | +8.5% | +8.7% | |
| Q4 2024 | +0.7% | -1.6% | -6.6% | |
| Q3 2024 | -7.3% | -2.3% | +2.1% | |
| Q2 2024 | +3.8% | +1.9% | +3.7% | |
| Q1 2024 | -3.9% | -3.3% | -11.2% | |
| Q4 2023 | +4.2% | +6.1% | +8.4% | |
| Q3 2023 | +3.7% | +3.8% | +18.1% | |
| Q2 2023 | -1.0% | +2.1% | +1.8% | |
| Q1 2023 | -2.9% | -3.1% | -3.2% | |
| Q4 2022 | -0.8% | -1.7% | -12.5% | |
| Q3 2022 | -0.7% | -0.8% | -0.2% | |
| Q2 2022 | -0.5% | -1.2% | -3.5% | |
| Q1 2022 | -14.0% | -7.5% | -2.9% | |
| Q4 2021 | -6.4% | -3.3% | -7.4% | |
| Q3 2021 | -0.5% | -0.6% | -0.6% | |
| Q2 2021 | -7.2% | -7.7% | -9.2% | |
| Q1 2021 | +1.9% | +0.2% | -4.6% | |
| Q4 2020 | +10.6% | +12.2% | +13.2% | |
| Q3 2020 | +18.9% | +29.2% | +33.9% | |
| Q2 2020 | +16.4% | +22.0% | +12.4% | |
| Q1 2020 | +17.4% | +8.1% | +59.3% | |
| Q4 2019 | +6.3% | +4.9% | -45.7% | |
| Q3 2019 | -4.9% | -4.9% | -9.5% | |
| Q2 2019 | -10.7% | -12.4% | -11.2% | |
| Q1 2019 | -1.2% | -1.7% | -2.3% | |
| Q4 2018 | +2.8% | +3.1% | +9.0% | |
| Q3 2018 | +2.2% | +0.1% | -4.1% | |
| Q2 2018 | +10.7% | +9.3% | +19.3% | |
| Q1 2018 | -18.7% | -19.5% | -20.8% | |
| Q4 2017 | -8.3% | -8.6% | -5.6% | |
| Q3 2017 | -6.8% | -8.4% | +4.5% | |
| Q2 2017 | -6.3% | -8.4% | -6.8% | |
| Q1 2017 | -3.2% | -2.7% | -5.0% | |
| Q4 2016 | +2.0% | +0.9% | -1.8% | |
| Q3 2016 | -0.5% | +3.3% | +21.6% | |
| Q2 2016 | +8.5% | +6.5% | +1.0% | |
| Q1 2016 | +3.3% | — | — | |
| Q4 2015 | +6.6% | — | — | |
| Q3 2015 | -4.0% | — | — | |
| Q2 2015 | -2.4% | — | — | |
| Q1 2015 | +8.2% | — | — | |
| Q4 2014 | -5.9% | — | — | |
| Q3 2014 | +4.1% | — | — | |
| Q2 2014 | +15.2% | — | — | |
| Q1 2014 | +0.2% | — | — | |
| Q4 2013 | +13.7% | — | — | |
| Q3 2013 | -0.7% | — | — | |
| Q2 2013 | +14.1% | — | — | |
| Q1 2013 | +4.4% | — | — | |
| Q4 2012 | +2.8% | — | — | |
| Q3 2012 | +4.1% | — | — | |
| Q2 2012 | +13.2% | — | — | |
| Q1 2012 | +1.5% | — | — | |
| Q4 2011 | +1.6% | — | — | |
| Q3 2011 | +3.0% | — | — | |
| Q2 2011 | +10.0% | — | — | |
| Q4 2009 | -0.4% | — | — | |
| Q1 2011 | +3.0% | — | — | |
| Q3 2010 | +2.0% | — | — | |
| Q2 2010 | -1.6% | — | — | |
| Q4 2010 | -1.6% | — | — | |
| Q1 2010 | -5.7% | — | — |
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