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Dole (DOLE) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 10, 2026

Dole (DOLE) reported revenue of $2.5B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +7% from the quarter before. Operating margin was 1.9%, net earnings $26.0M (1.0% of revenue).

Revenue$2.5B
Year over year+3%
Quarter over quarter+7%
Operating margin1.9%
Net earnings$26.0M

Dole, Q2 2026: revenue $2.5B (+3% year over year), operating margin 1.9%, net earnings $26.0M, operating cash flow $14.0M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.5B+7%+3%
Gross profit$195M+6%-11%
Operating profit$47.5M-23%-54%
Net earnings$26.0M-17%+161%
Operating cash flow$14.0M—-24%

What changed

Revenue was $2.5B in Q2 2026, up 3% year over year and up 7% from the previous quarter. Diversified produce was the largest line at 60% of revenue. Diversified produce added $0.05B year over year (up 4%), 72% of the total change. Other1 declined 17%.

Gross margin was 7.8%, down 1.2 points from a year earlier. Operating profit was $0.05B, a 1.9% margin (down 2.4 points year over year). Operating profit fell $0.06B even though revenue rose $0.07B versus a year earlier, so costs grew faster than sales. Operating expenses grew 28% against revenue growth of 3%. Net earnings were $0.03B, up 161% year over year. The effective tax rate was 29.6%.

Operating cash flow was $0.01B (down 24% year over year), 40% of net income including minority interests. Non-cash charges added back $0.03B of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items used $0.05B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.01B.

Questions

What was Dole's revenue in the second quarter 2026?

Dole (DOLE) reported revenue of $2.5B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +7% from the quarter before.

Was Dole profitable in the second quarter 2026?

Operating profit was $47.5M (1.9% of revenue) and net earnings $26.0M.

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Source: Dole 10-Q on SEC EDGAR.