MIDDLEBY Corp Reports $653 million Revenue, Increased 7.7%
MIDDLEBY Corp reported quarterly results highlighted by Q3 2026 results exceeded high end of guidance range for net sales, Adjusted EBITDA and Adjusted EPS, according to its earnings release filed with an 8-K Thursday.
Raises FY 2026 guidance; now expects organic net sales growth of +7-8%. Record Q3 net sales of $653 million increased 7.7% year over year; organic net sales growth of 7.7%. Repurchased 1.0 million shares (2.0% of shares outstanding) in Q3 2026 and 4.8 million shares (9.7% of shares outstanding) Q3 YTD 2026. Operating income of $99 million, compared to $124 million in prior year period, including $26 million of charges in the quarter related to the closure of the Brewing businesses.
Results detail
Further figures in the release included Adjusted EBITDA increased 10% to $156 million, compared to $142 million in prior year period; Adjusted EBITDA margin expanded to 23.9% in Q3 of 2026 from 23.5% in the prior year period; Diluted GAAP EPS of $0.43, compared to $1.55 in prior year period; Adjusted EPS increased 19% to $2.07, compared to $1.74 in prior year period.
The filing is an Item 2.02 results announcement furnished with Exhibit 99.1. Comparisons use the year-earlier period as presented by MIDDLEBY Corp unless the release specifies another baseline. Where both GAAP and non-GAAP metrics appear, both are summarized when the extract includes them.
Segment mix, cash flow and any outlook language in the release are the usual secondary reads after the headline revenue and earnings figures. One-time items—restructuring, impairments, gains on sales or legal settlements—can move GAAP profit without changing the run-rate story, so reconciliations remain essential.
Why it matters
For retail investors, the MIDDLEBY Corp print is a check on whether growth, margins and cash generation are moving together. The figures above come from the company’s Exhibit 99.1 earnings materials; how they stack up against the prior-year run rate and any guide published with the release will shape the near-term debate.
By the numbers
- Q3 2026 results exceeded high end of guidance range for net sales, Adjusted EBITDA and Adjusted EPS
- Raises FY 2026 guidance; now expects organic net sales growth of +7-8%
- Record Q3 net sales of $653 million increased 7.7% year over year; organic net sales growth of 7.7%
- Repurchased 1.0 million shares (2.0% of shares outstanding) in Q3 2026 and 4.8 million shares (9.7% of shares outstanding) Q3 YTD 2026
- Operating income of $99 million, compared to $124 million in prior year period, including $26 million of charges in the quarter related to the closure of the Brewing businesses
- Adjusted EBITDA increased 10% to $156 million, compared to $142 million in prior year period
Sources
- MIDDLEBY Corp Form 8-K with quarterly financial results, filed 2026-11-05 (accession 0000769520-26-000054)
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