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How THE MIDDLEBY CORPORATION makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$3.2B · 100%Cost of revenue$1.9B · 61%Gross profit$1.3B · 39%Operating income$575M · 18%Income before tax$482M · 15%Income tax$115M · 4%Net income−$278M · −9%As of 2026-01-03 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$3.2B100%
Cost of revenue$1.9B61%
$1.3B39%
$575M18%
Income before tax$482M15%
Income tax$115M4%
−$278M−9%
Source: · event Jan 3, 2026 · retrieved Oct 16, 2026 · annual-row source set
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