On this page of StockholderLetter.com we present the latest annual shareholder letter from Mondelez International, Inc. — ticker symbol MDLZ. Reading current and past MDLZ letters to shareholders can bring important insights into the investment thesis.

 •  4/3/2026 Letter Continued (Full PDF)
 •  4/6/2023 MDLZ Stockholder Letter
 •  4/5/2024 MDLZ Stockholder Letter
 •  4/4/2025 MDLZ Stockholder Letter
 •  More "Food & Beverage" Category Stockholder Letters
 •  MDLZ Benford's Law Stock Score = 80

MDLZ Shareholder/Stockholder Letter Transcript:

2025 Annual
report on
form 10-k

Form 10-K
2025 HIGHLIGHTS
NET REVENUES BY CATEGORY
Net revenue
Below are just a few of our brands
that our consumers enjoy around
the world
$38.5b
BISCUITS & BAKED SNACKS
(+5.8% 2024)
Organic net revenue1
$37.9b
(+4.3% 2024)
CHOCOLATE
$38.5B
2025 net revenues
Diluted EPS
$1.89
(-44.7% 2024)
Adjusted EPS1
$2.92

(-12.8% 2024)
Biscuits & Baked Snacks
48%
Chocolate
33%
Gum & Candy
10%
Cheese & Grocery
6%
Beverages
3%
NET REVENUE BY REGION
North America
28%
Europe
Latin America
AMEA
13%
1 Refer to the Non-GAAP Financial Measures section for definitions and reconciliations of non-GAAP financial measures
39%
20%

4/3/2026 Letter Continued (Full PDF)

 

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