Dole plc reported a total revenue of $9.17 billion for the fiscal year ending December 31, 2025, marking an increase of 8.2% from $8.48 billion in 2024. The company's gross profit slightly decreased to $714.3 million from $717.7 million in the previous year. Operating income also fell to $223.0 million, down from $280.6 million in 2024, primarily due to increased costs of sales, which rose by 9.0% to $8.46 billion. The net income attributable to Dole plc was $51.3 million, a significant decline from $125.5 million in 2024, largely influenced by a loss from discontinued operations related to the sale of its Fresh Vegetables division.
In 2025, Dole completed the sale of its Fresh Vegetables division to OG Holdco LLC for approximately $140 million, which included $90 million in cash and a $50 million seller note. This transaction resulted in a pre-tax loss of $14.7 million, which was reported as part of discontinued operations. The company continues to focus on growth opportunities through acquisitions and strategic investments in the fragmented produce industry, despite the challenges posed by market conditions and operational disruptions.
Dole's operational metrics showed a slight increase in employee headcount, totaling 32,027 as of December 31, 2025, compared to 32,017 in 2024. The company operates in 30 countries and distributes products in over 85 countries, with a diverse portfolio that includes bananas, pineapples, avocados, and organic produce. The Fresh Fruit segment generated $3.62 billion in revenue, while the Diversified Fresh Produce segments in EMEA and the Americas reported revenues of $4.02 billion and $1.66 billion, respectively.
Looking ahead, Dole anticipates continued challenges from fluctuating commodity prices, labor costs, and regulatory changes, particularly in relation to climate change and sustainability initiatives. The company is committed to enhancing its operational efficiencies and maintaining a strong liquidity position, with total available liquidity reported at $1.04 billion as of December 31, 2025. Dole's management remains optimistic about its ability to navigate these challenges and capitalize on growth opportunities in the fresh produce market.
About Dole plc
About 10-K Filings
A 10-K form is a comprehensive annual report that public companies in the United States must file with the SEC, providing a detailed overview of the company's financial condition, performance, and business strategies.
Key points about the 10-K:
- Frequency: Filed annually, typically within 60 to 90 days after the end of the company's fiscal year.
-
Content: It includes:
- Detailed financial statements audited by an independent accounting firm
- Management's Discussion and Analysis (MD&A) of financial condition and results
- Description of the company's business, properties, and legal proceedings
- Risk factors and market risks
- Executive compensation and corporate governance information
- Importance: Considered the most comprehensive and important document a public company files with the SEC.
- Length: Often exceeds 100 pages due to its extensive and detailed nature.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.