Dow Inc. (DOW)
NYSE: DOW · Real-Time Price · USD
31.40
-0.58 (-1.81%)
At close: Nov 6, 2026, 4:00 PM EST
31.68
+0.28 (0.89%)
After-hours: Nov 6, 2026, 7:59 PM EST
Dow Inc. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 11,267 | - | 9,794 | 9,460 | 9,973 | 10,104 | 10,431 | 10,405 | 10,879 | 10,915 | 10,765 | 10,621 | 10,730 | 11,420 | 11,851 | 11,859 | 14,115 | 15,664 | 15,264 | 14,364 | |
Revenue Growth (YoY) | 12.97% | - | -6.11% | -9.08% | -8.33% | -7.43% | -3.10% | -2.03% | 1.39% | -4.42% | -9.16% | -10.44% | -23.98% | -27.09% | -22.36% | -17.44% | -4.87% | 12.81% | 28.46% | - |
Cost of Revenue | 9,889 | - | 9,154 | 8,912 | 9,242 | 9,521 | 9,760 | 9,395 | 9,809 | 9,591 | 9,488 | 9,646 | 9,592 | 9,875 | 10,452 | 10,768 | 12,381 | 12,899 | 12,402 | 11,884 |
Gross Profit | 1,378 | - | 640 | 548 | 731 | 583 | 671 | 1,010 | 1,070 | 1,324 | 1,277 | 975 | 1,138 | 1,545 | 1,399 | 1,091 | 1,734 | 2,765 | 2,862 | 2,480 |
Selling, General & Admin | 394 | - | 412 | 626 | 304 | 311 | 328 | 272 | 335 | 329 | 381 | 339 | 283 | 311 | 332 | 311 | 267 | 346 | 409 | 351 |
Research & Development | 180 | - | 181 | 173 | 191 | 188 | 200 | 202 | 208 | 196 | 204 | 213 | 197 | 205 | 214 | 225 | 191 | 217 | 218 | 225 |
Amortization of Goodwill & Intangibles | 40 | - | 46 | 46 | 46 | 63 | 76 | 76 | 76 | 77 | 81 | 81 | 81 | 81 | 81 | 80 | 83 | 85 | 88 | 87 |
Operating Expenses | 614 | - | 639 | 845 | 541 | 562 | 604 | 550 | 619 | 602 | 666 | 633 | 561 | 597 | 627 | 616 | 541 | 648 | 715 | 663 |
Operating Income | 764 | - | 1 | -297 | 190 | 21 | 67 | 460 | 451 | 722 | 611 | 342 | 577 | 948 | 772 | 475 | 1,193 | 2,117 | 2,147 | 1,817 |
Interest Expense | -211 | - | -219 | -219 | -221 | -209 | -216 | -216 | -199 | -197 | -199 | -197 | -192 | -172 | -185 | -175 | -155 | -165 | -167 | -170 |
Interest & Investment Income | 50 | - | 42 | 38 | 47 | 39 | 28 | 57 | 36 | 42 | 65 | 43 | 44 | 66 | 76 | 68 | 41 | 36 | 28 | 20 |
Earnings From Equity Investments | 12 | - | -303 | -118 | -72 | -30 | -20 | -51 | 2 | 26 | 17 | -7 | -7 | -57 | -48 | -43 | -58 | 195 | 174 | 224 |
Currency Exchange Gain (Loss) | 14 | - | 44 | 16 | 12 | 4 | 7 | 4 | -14 | -12 | -23 | -104 | -39 | -95 | -102 | -71 | -31 | -17 | 2 | 13 |
Other Non Operating Income (Expenses) | -9 | - | 26 | 23 | 43 | 23 | 31 | 31 | 44 | 11 | 14 | 50 | 13 | 33 | 29 | 2 | 8 | 7 | 14 | 10 |
EBT Excluding Unusual Items | 620 | - | -409 | -557 | -1 | -152 | -103 | 285 | 320 | 592 | 485 | 127 | 396 | 723 | 542 | 256 | 998 | 2,173 | 2,198 | 1,914 |
Merger & Restructuring Charges | -9 | - | -27 | -41 | -23 | -591 | -207 | -34 | -24 | - | -45 | 21 | - | -8 | -541 | - | - | - | - | 116 |
Impairment of Goodwill | - | - | - | -690 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Investments | - | - | - | 33 | 110 | - | - | 18 | - | - | - | - | - | - | -18 | - | - | - | - | - |
Gain (Loss) on Sale of Assets | 10 | - | 6 | 10 | 5 | 101 | -3 | 14 | 27 | 10 | 9 | 6 | - | 9 | 65 | 25 | 10 | 12 | 31 | 47 |
Asset Writedown | - | - | - | -303 | - | - | -1 | - | - | - | - | - | - | - | - | - | - | - | - | 6 |
Legal Settlements | 74 | - | 40 | - | - | - | - | - | - | - | - | 122 | - | - | -177 | 509 | - | - | - | - |
Other Unusual Items | -53 | - | - | - | -21 | -17 | -60 | -64 | 1 | 6 | - | -628 | 21 | -13 | 9 | 75 | -7 | -16 | -174 | 35 |
Pretax Income | 642 | - | -390 | -1,548 | 70 | -659 | -374 | 219 | 324 | 608 | 449 | -352 | 417 | 711 | -120 | 865 | 1,001 | 2,169 | 2,055 | 2,118 |
Income Tax Expense | 117 | - | 55 | -71 | -54 | 142 | -84 | 254 | 84 | 150 | -89 | -257 | 90 | 210 | -47 | 218 | 241 | 488 | 503 | 357 |
Earnings From Continuing Operations | 525 | - | -445 | -1,477 | 124 | -801 | -290 | -35 | 240 | 458 | 538 | -95 | 327 | 501 | -73 | 647 | 760 | 1,681 | 1,552 | 1,761 |
Net Income to Company | 525 | - | -445 | -1,477 | 124 | -801 | -290 | -35 | 240 | 458 | 538 | -95 | 327 | 501 | -73 | 647 | 760 | 1,681 | 1,552 | 1,761 |
Minority Interest in Earnings | -67 | - | -88 | -66 | -62 | -34 | -17 | -18 | -26 | -19 | -22 | -10 | -25 | -16 | -20 | -34 | -21 | -20 | 17 | -25 |
Net Income | 458 | - | -533 | -1,543 | 62 | -835 | -307 | -53 | 214 | 439 | 516 | -105 | 302 | 485 | -93 | 613 | 739 | 1,661 | 1,569 | 1,736 |
Preferred Dividends & Other Adjustments | 4 | - | -2 | 2 | 2 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 3 | 4 | 9 | 8 | 9 |
Net Income to Common | 454 | - | -531 | -1,545 | 60 | -839 | -310 | -56 | 211 | 436 | 513 | -108 | 300 | 482 | -96 | 610 | 735 | 1,652 | 1,561 | 1,727 |
Net Income Growth (YoY) | 656.67% | - | - | - | -71.56% | - | - | - | -29.67% | -9.54% | - | - | -59.18% | -70.82% | - | -64.68% | -56.12% | -12.64% | 58.32% | - |
Shares Outstanding (Basic) | 726 | - | 721 | 718 | 712 | 710 | 707 | 705 | 702 | 704 | 705 | 704 | 704 | 707 | 708 | 709 | 714 | 726 | 735 | 738 |
Shares Outstanding (Diluted) | 727 | - | 721 | 718 | 713 | 710 | 707 | 705 | 704 | 705 | 706 | 704 | 708 | 710 | 708 | 713 | 718 | 732 | 740 | 743 |
Shares Change (YoY) | 1.99% | - | 2.04% | 1.92% | 1.36% | 0.60% | 0.20% | 0.16% | -0.55% | -0.65% | -0.38% | -1.32% | -1.48% | -2.95% | -4.27% | -4.08% | -4.25% | -2.84% | -1.33% | - |
EPS (Basic) | 0.63 | - | -0.74 | -2.15 | 0.08 | -1.18 | -0.44 | -0.08 | 0.30 | 0.62 | 0.73 | -0.15 | 0.43 | 0.68 | -0.14 | 0.86 | 1.03 | 2.28 | 2.12 | 2.34 |
EPS (Diluted) | 0.62 | - | -0.74 | -2.15 | 0.08 | -1.18 | -0.44 | -0.08 | 0.30 | 0.62 | 0.73 | -0.15 | 0.42 | 0.68 | -0.14 | 0.85 | 1.02 | 2.26 | 2.11 | 2.32 |
EPS Growth (YoY) | 675.00% | - | - | - | -73.33% | - | - | - | -28.57% | -8.90% | - | - | -58.82% | -69.91% | - | -63.25% | -54.26% | -9.96% | 59.85% | - |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,111 | - | 600 | -331 | 521 | -1,170 | -624 | 122 | -118 | 69 | -302 | 845 | 959 | 685 | 15 | 1,247 | 1,378 | 1,353 | 1,249 | 1,350 |
Free Cash Flow Per Share | 1.53 | - | 0.83 | -0.46 | 0.73 | -1.65 | -0.88 | 0.17 | -0.17 | 0.10 | -0.43 | 1.20 | 1.35 | 0.96 | 0.02 | 1.75 | 1.92 | 1.85 | 1.69 | 1.82 |
Dividend Per Share | 0.350 | - | 0.350 | 0.350 | 0.350 | 0.700 | 0.700 | 0.700 | 0.700 | 0.700 | 0.700 | 0.700 | 0.700 | 0.700 | 0.700 | 0.700 | 0.700 | 0.700 | 0.700 | 0.700 |
Dividend Growth (YoY) | 0% | - | -50.00% | -50.00% | -50.00% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | - |
Gross Margin | 12.23% | - | 6.54% | 5.79% | 7.33% | 5.77% | 6.43% | 9.71% | 9.84% | 12.13% | 11.86% | 9.18% | 10.61% | 13.53% | 11.80% | 9.20% | 12.29% | 17.65% | 18.75% | 17.27% |
Operating Margin | 6.78% | - | 0.01% | -3.14% | 1.91% | 0.21% | 0.64% | 4.42% | 4.15% | 6.62% | 5.68% | 3.22% | 5.38% | 8.30% | 6.51% | 4.00% | 8.45% | 13.51% | 14.07% | 12.65% |
Profit Margin | 4.03% | - | -5.42% | -16.33% | 0.60% | -8.30% | -2.97% | -0.54% | 1.94% | 4.00% | 4.76% | -1.02% | 2.80% | 4.22% | -0.81% | 5.14% | 5.21% | 10.55% | 10.23% | 12.02% |
Free Cash Flow Margin | 9.86% | - | 6.13% | -3.50% | 5.22% | -11.58% | -5.98% | 1.17% | -1.08% | 0.63% | -2.80% | 7.96% | 8.94% | 6.00% | 0.13% | 10.51% | 9.76% | 8.64% | 8.18% | 9.40% |
EBITDA | 1,430 | - | 720 | 341 | 878 | 745 | 781 | 1,144 | 1,192 | 1,404 | 1,331 | 929 | 1,234 | 1,597 | 1,420 | 1,049 | 1,861 | 2,801 | 2,899 | 2,449 |
EBITDA Margin | 12.69% | - | 7.35% | 3.60% | 8.80% | 7.37% | 7.49% | 11.00% | 10.96% | 12.86% | 12.36% | 8.75% | 11.50% | 13.98% | 11.98% | 8.85% | 13.18% | 17.88% | 18.99% | 17.05% |
D&A For EBITDA | 666 | 664 | 719 | 638 | 688 | 724 | 714 | 684 | 741 | 682 | 720 | 587 | 657 | 649 | 648 | 574 | 668 | 684 | 752 | 632 |
EBIT | 764 | - | 1 | -297 | 190 | 21 | 67 | 460 | 451 | 722 | 611 | 342 | 577 | 948 | 772 | 475 | 1,193 | 2,117 | 2,147 | 1,817 |
EBIT Margin | 6.78% | - | 0.01% | -3.14% | 1.91% | 0.21% | 0.64% | 4.42% | 4.15% | 6.62% | 5.68% | 3.22% | 5.38% | 8.30% | 6.51% | 4.00% | 8.45% | 13.51% | 14.07% | 12.65% |
Effective Tax Rate | 18.22% | - | - | - | - | - | - | 115.98% | 25.93% | 24.67% | - | - | 21.58% | 29.54% | - | 25.20% | 24.08% | 22.50% | 24.48% | 16.86% |