Earnings Releases·Oct 29, 2026, 4:09 PM ET

Mondelēz International — Q3 2026 Earnings Summary

Q3 Net revenues rose 2.3% YoY to $9.97 billion, while Diluted EPS surged 78.9% YoY to $1.02 and Adjusted EPS grew 5.5% on a constant currency basis to $0.78.
The company reaffirmed 2026 guidance for Organic Net Revenue growth of at least 2% and Adjusted EPS growth between flat and 5%, with an expected Free Cash Flow of approximately $3 billion.
Management returned $2.8 billion to shareholders via dividends and repurchases in the first nine months of 2026 and announced an agreement to acquire Undercover Snacks to expand its permissible indulgence portfolio.
Results were impacted by incremental costs from geopolitical conflicts, higher restructuring charges, and ERP implementation expenses, though gross and operating margins expanded significantly YoY.