Filing Flows › Dole (DOLE) › Q1 2026
Dole (DOLE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Dole (DOLE) reported revenue of $2.3B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -1% from the quarter before. Operating margin was 2.6%, net earnings $31.3M (1.3% of revenue).
Dole, Q1 2026: revenue $2.3B (+12% year over year), operating margin 2.6%, net earnings $31.3M, operating cash flow −$22.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | -1% | +12% |
| Gross profit | $185M | +17% | +2% |
| Operating profit | $62.0M | +124% | -9% |
| Net earnings | $31.3M | — | -20% |
| Operating cash flow | −$22.5M | -123% | — |
What changed
Revenue was $2.3B in Q1 2026, up 12% year over year and down 1% from the previous quarter. Diversified produce was the largest line at 60% of revenue. Diversified produce added $0.18B year over year (up 15%), 76% of the total change. Commercial cargo declined 6%.
Gross margin was 7.9%, down 0.8 points from a year earlier. Operating profit was $0.06B, a 2.6% margin (down 0.6 points year over year). Operating profit fell $0.01B even though revenue rose $0.24B versus a year earlier, so costs grew faster than sales. Operating expenses grew 8% against revenue growth of 12%. Net earnings were $0.03B, down 20% year over year. The effective tax rate was 36.8%.
Operating cash flow was −$0.02B. Non-cash charges added back $0.03B of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $0.09B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.04B.
Questions
What was Dole's revenue in the first quarter 2026?
Dole (DOLE) reported revenue of $2.3B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -1% from the quarter before.
Was Dole profitable in the first quarter 2026?
Operating profit was $62.0M (2.6% of revenue) and net earnings $31.3M.
Source: Dole 10-Q on SEC EDGAR.