Mondelēz Reports 8.2% Revenue Growth in Q1 Despite Adjusted EPS Decline

Mondelēz International, trading under the ticker MDLZ, reported its Q1 2026 financial results, highlighted by an 8.2% increase in net revenues and a 3.0% rise in organic net revenue growth. Despite the top-line expansion, the company saw its adjusted EPS decline by 14.9% on a constant currency basis to $0.67. The results were primarily driven by robust performance in emerging markets and improving trends in developed regions, even as volume/mix experienced a slight contraction of 0.5%. On the liquidity front, Mondelēz generated $0.2 billion in free cash flow and returned $0.6 billion to its shareholders. These figures present a mixed financial picture, where strong revenue momentum is partially offset by a double-digit drop in adjusted earnings per share.