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Dole (DOLE) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 2, 2026

Dole (DOLE) reported revenue of $2.4B for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +4% from the quarter before. Operating margin was 1.2%, net earnings $6.0M (0.3% of revenue).

Revenue$2.4B
Year over year+9%
Quarter over quarter+4%
Operating margin1.2%
Net earnings$6.0M

Dole, Q4 2025: revenue $2.4B (+9% year over year), operating margin 1.2%, net earnings $6.0M, operating cash flow $96.3M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$2.4B+4%+9%
Gross profit$159M+2%+0.1%
Operating profit$27.7M+15%-20%
Net earnings$6.0M-57%—
Operating cash flow$96.3M+10%-38%
Free cash flow$67.9M+2%-48%

What changed

Revenue was $2.4B in Q4 2025, up 9% year over year and up 4% from the previous quarter.

Gross margin was 6.7%, down 0.6 points from a year earlier. Operating profit was $0.03B, a 1.2% margin (down 0.4 points year over year). Operating profit fell $0.01B even though revenue rose $0.20B versus a year earlier, so costs grew faster than sales. Operating expenses grew 6% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+93%). Net earnings were −$2.7M. The effective tax rate was 78.4%.

Operating cash flow was $0.10B (down 38% year over year), 1604% of net income including minority interests. Non-cash charges added back $0.03B of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.03B left free cash flow of $0.07B.

Questions

What was Dole's revenue in the fourth quarter 2025?

Dole (DOLE) reported revenue of $2.4B for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +4% from the quarter before.

Was Dole profitable in the fourth quarter 2025?

Operating profit was $27.7M (1.2% of revenue) and net earnings $6.0M.

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Source: Dole 10-K on SEC EDGAR.