Mondelez International reported October 29 that third-quarter net revenue rose 2.3% from a year earlier to $9.967 billion.
Organic revenue, which adjusts for specified currency and portfolio effects, increased 2.1%. Volume and product mix contributed 1.8 percentage points, while pricing contributed 0.3 percentage points.
GAAP diluted earnings rose 78.9% to $1.02 per share. The company attributed much of that increase to favorable year-over-year changes in commodity and foreign-exchange derivative valuations, acquisition-related items and comparison with prior-year pension charges.
Adjusted diluted earnings were 78 cents per share, up 5.5% on a constant-currency basis.
Through the first nine months of 2026, operating cash flow totaled $2.6 billion and free cash flow was $1.7 billion. The company returned $2.8 billion to shareholders during that period.
Mondelez maintained its annual outlook for organic revenue growth of at least 2% and constant-currency adjusted earnings growth ranging from flat to 5%.
The company expects approximately $3 billion in annual free cash flow. Its outlook remains a forecast and excludes potential tariff changes affecting USMCA-compliant trade.
Sources: Mondelez — October 29 Results via GlobeNewswire: https://www.stocktitan.net/news/MDLZ/mondelez-international-reports-q3-2026-148t1vrp1t4s.html