In the first quarter of 2025, JBT Marel's Protein Solutions segment generated $377.7 million in revenue, while Prepared Food and Beverage Solutions brought in $476.4 million. By the second quarter, these figures had increased to $421.5 million for Protein Solutions and $513.3 million for Prepared Food and Beverage Solutions. The trend continued in the third quarter, with revenue reaching $440.8 million for Protein Solutions and $560.5 million for Prepared Food and Beverage Solutions.
Looking at the Segment Adjusted EBITDA, the first quarter saw a combined total of $140.6 million, with Protein Solutions at $62.5 million and Prepared Food and Beverage Solutions at $78.1 million. By the second quarter, the total had risen to $179.7 million, with Protein Solutions contributing $86.2 million and Prepared Food and Beverage Solutions at $93.5 million. In the third quarter, the total Segment Adjusted EBITDA further increased to $196.4 million, with Protein Solutions at $94.0 million and Prepared Food and Beverage Solutions at $102.4 million.
Comparing these figures to the full year of 2024, the positive trend is evident. In 2024, Protein Solutions reported a total Segment Adjusted EBITDA of $57.5 million, which significantly increased to $94.0 million by the third quarter of 2025. Similarly, Prepared Food and Beverage Solutions saw a substantial rise from $301.2 million in 2024 to $102.4 million in the third quarter of 2025.
Today the company's shares have moved -0.12% to a price of $158.88. For more information, read the company's full 8-K submission here.
