Mondelez International, Inc. earnings overview

MDLZ FY2026 Q1 · Calendar Q2 2026

Mondelez International, Inc.

Mondelez posted a clear Q1 FY2026 beat, with EPS of $0.67 versus $0.61 estimated and revenue of $10.08 billion versus $9.75 billion estimated — roughly 10% and 3% surprises respectively. The market responded with a 4.3% abnormal return on 1.86x baseline volume, followed by a 2.2% drift higher. The quarter was driven by Easter-seasonal demand in chocolate and biscuits, resilient value growth in Europe, and 6.3% revenue expansion in emerging markets, now roughly 40% of the business. India posted double-digit chocolate growth aided by a GST regulatory change. The Biscoff partnership is evolving into a cross-category platform spanning biscuits, chocolate, and pastries, with plans for global extension. Two acquisitions — Evirth in cakes and pastries and 7Days in Brazil — broaden the portfolio beyond core confectionery. Management tone shifted from cautious in Q4 FY2025 to confident in Q1…