Mondelēz International, Inc. reported a significant increase in its financial performance for the first quarter of 2026, with net revenues reaching $10.08 billion, an 8.2% increase from $9.31 billion in the same period last year. The company's gross profit also rose to $2.80 billion, compared to $2.43 billion in the prior year, reflecting a gross margin improvement. Net earnings attributable to Mondelēz International increased by 39.3% to $560 million, or $0.44 per diluted share, up from $402 million, or $0.31 per diluted share, in the first quarter of 2025.
The growth in revenue was driven by higher net pricing and favorable currency-related items, although it was partially offset by unfavorable volume/mix effects. Organic net revenue, which excludes the impacts of acquisitions and divestitures, increased by 3.0% to $9.58 billion. Emerging markets saw a notable revenue increase of 11.4%, while developed markets grew by 6.1%. The company noted that the increase in net pricing was a response to rising input costs, particularly in raw materials, labor, and energy.
In terms of operational developments, Mondelēz International has been actively managing its cost structure through restructuring actions initiated in late 2025, incurring charges of $48 million in the first quarter of 2026. The company also reported a significant increase in selling, general, and administrative expenses, which rose to $1.92 billion from $1.68 billion, driven by higher advertising and promotional costs. The total employee headcount remained stable, with no significant changes reported.
Looking ahead, Mondelēz International anticipates continued revenue growth despite ongoing macroeconomic challenges, including inflationary pressures and geopolitical uncertainties. The company is focused on mitigating the impacts of these challenges through strategic pricing actions and operational efficiencies. However, it also acknowledged potential risks related to consumer demand elasticity in response to price increases, particularly in the U.S. and Europe. The company remains committed to its long-term growth strategy, emphasizing consumer-centric growth and operational excellence.
About Mondelez International, Inc.
Mondelēz International is a leading global snack company specializing in the production and sale of chocolate, biscuits, baked snacks, gum, candy, cheese, grocery, and powdered beverages. Its portfolio includes iconic brands like Oreo, Cadbury, Ritz, and Toblerone. Operating in over 150 countries with a focus on consumer-centric growth, innovation, sustainability, and operational excellence, it serves diverse retail and direct-to-consumer markets worldwide.
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