Mondelez International, Inc.: Mixed — EPS $0.78, Revenue $9.97B
Mixed ResultQ3 2026 · After-market
Did Mondelez International, Inc. (MDLZ) beat earnings today?
It was a mixed report for Q3 2026 — Mondelez International, Inc. (MDLZ) beat on EPS but missed on revenue.
Earnings Per Share+9.86% surprise
$0.78Actual
Expected: $0.71
vs. year ago +6.8%
Total Revenue-0.23% surprise
$9.97BActual
Expected: $9.99B
vs. year ago +2.3%
Released Oct 29 · 4:05 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $9.97B | $9.74B | +2.3% |
| Revenue detail — reported lines | |||
| └─Latin America | $1.39B | $1.24B | +12.0% |
| └─AMEA | $2.18B | $2.02B | +8.2% |
| └─Europe | $3.55B | $3.67B | -3.3% |
| └─North America | $2.85B | $2.81B | +1.1% |
| └─Emerging Markets | $4.07B | $3.88B | +4.9% |
| └─Developed Markets | $5.89B | $5.86B | +0.5% |
| Net Earnings | $1.30B | $743.00M | +75.6% |
| GAAP Basic EPS | $1.02 | $0.57 | +78.9% |
| GAAP Diluted EPS | $1.02 | $0.57 | +78.9% |
| Adjusted EPS | $0.78 | - | +6.8% |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY 2026 Outlook |
|---|---|---|
| Organic Net Revenue Growth | — | at least 2% |
| Adjusted EPS Growth | — | flat to 5% (constant currency) |
| Free Cash Flow | — | ~$3B |
| Currency Translation—Net Revenue Growth | — | ~+1.5% |
| Currency Translation—Adjusted EPS | — | +$0.04 |
Business Highlights
- ➤Completed new ERP system implementation for North America and Latin America.
- ➤Remaining ERP-system phases are expected to complete by year-end 2028.
- ➤Agreed to acquire Undercover Snacks, a quinoa crisp line.
- ➤Undercover Snacks expands the company in permissible indulgence snacks.
- ➤Undercover Snacks offers chocolate and frosted varieties with simple ingredients.
- ➤Returned $2.8B to shareholders through dividends and share repurchases.
- ➤Operates in over 150 countries worldwide.
- ➤Portfolio includes Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop.
- ➤Chocolate portfolio includes Cadbury Dairy Milk, Milka and Toblerone.
- ➤Member of the Dow Jones Best-in-Class North America and World Indices.
Management Commentary
Dirk Van de Put, Chairman and Chief Executive Officer
“We delivered strong third-quarter results, driven by broad based volume growth and robust share performance. We continue to see top- and bottom-line growth momentum across both developed and emerging markets, while significantly reinvesting in our brands, innovation, and distribution.”
Dirk Van de Put, Chairman and Chief Executive Officer
“We are resolute in delivering volume-led, compounding earnings growth that creates value for shareholders. We remain confident that our attractive categories, iconic brands, advantaged geographic footprint, and consumer-centric capabilities will sustain our performance for years to come. Additionally, we are delighted to announce our recent agreement to acquire Undercover Snacks, a delicious, crunchy quinoa crisp line that highlights our continued expansion in the high-growth permissible indulgence segment. With chocolate and frosted varieties containing simple ingredients, Undercover Snacks is rapidly earning strong consumer preference and has a clear runway to expand household penetration and distribution.””