Middleby Corp
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Middleby Corp (MIDD). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Commercial Foodservice Equipment Group | $1.51B 60.1% | $2.01B 62.0% · +33.4% | $2.39B 59.4% · +18.9% | $2.49B 76.7% · +3.8% | $2.38B 75.6% · -4.2% | $2.35B 73.4% · -1.2% |
| Food Processing Group | $437.3M 17.4% | $499.1M 15.4% · +14.1% | $590.0M 14.6% · +18.2% | $756.8M 23.3% · +28.3% | $769.9M 24.4% · +1.7% | $850.2M 26.6% · +10.4% |
| Corporate and Other | $0 0.0% | $0 0.0% | $0 0.0% | $0 0.0% | $0 0.0% | $0 0.0% |
| Residential Kitchen | $565.7M 22.5% | $737.3M 22.7% · +30.3% | $1.05B 26.0% · +42.2% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Commercial Foodservice Equipment Group | $239.6M 15.9% | $421.7M 20.9% | – | – | – | – |
| Food Processing Group | $78.0M 17.8% | $95.8M 19.2% | – | – | – | – |
| Corporate and Other | -$60.2M | -$12.2M | – | – | – | – |
| Residential Kitchen | $67.0M 11.9% | $124.7M 16.9% | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States And Canada | $1.75B 69.7% | $2.24B 68.8% · +27.6% | $2.88B 71.4% · +28.7% | $2.31B 71.2% · -19.8% | $2.15B 68.4% · -6.7% | $2.16B 67.5% · +0.3% |
| Europe And Middle East | $508.5M 20.2% | $687.5M 21.1% · +35.2% | $768.2M 19.0% · +11.7% | $515.1M 15.9% · -32.9% | $590.9M 18.8% · +14.7% | $631.4M 19.7% · +6.9% |
| Asia | $189.2M 7.5% | $233.2M 7.2% · +23.2% | $264.6M 6.6% · +13.5% | $273.2M 8.4% · +3.3% | $244.2M 7.8% · -10.6% | $248.9M 7.8% · +1.9% |
| Latin America | $62.8M 2.5% | $93.3M 2.9% · +48.6% | $121.0M 3.0% · +29.7% | $146.0M 4.5% · +20.6% | $161.3M 5.1% · +10.5% | $161.0M 5.0% · -0.2% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 14, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.