Dow Inc. (DOW)
NYSE: DOW · Real-Time Price · USD
28.85
+0.10 (0.35%)
At close: Jul 28, 2026, 4:00 PM EDT
29.07
+0.22 (0.75%)
After-hours: Jul 28, 2026, 7:50 PM EDT
Dow Inc. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Sep '21 Sep 30, 2021 |
| 12,092 | 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 | 14,837 | |
Revenue Growth (YoY) | 19.68% | -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% | 34.17% | 52.77% |
Cost of Revenue | 9,925 | 9,154 | 8,912 | 9,242 | 9,521 | 9,760 | 9,470 | 9,809 | 9,591 | 9,488 | 9,646 | 9,592 | 9,875 | 10,629 | 10,656 | 12,381 | 12,899 | 12,402 | 11,778 | 11,611 |
Gross Profit | 2,167 | 640 | 548 | 731 | 583 | 671 | 935 | 1,070 | 1,324 | 1,277 | 975 | 1,138 | 1,545 | 1,222 | 1,203 | 1,734 | 2,765 | 2,862 | 2,586 | 3,226 |
Selling, General & Admin | 535 | 417 | 339 | 340 | 347 | 366 | 353 | 396 | 390 | 442 | 411 | 380 | 408 | 428 | 386 | 356 | 435 | 498 | 436 | 403 |
Depreciation & Amortization Expenses | 40 | 46 | 46 | 46 | 63 | 76 | 76 | 76 | 77 | 81 | 81 | 81 | 81 | 81 | 80 | 83 | 85 | 88 | 87 | 100 |
Research & Development | 207 | 181 | 173 | 191 | 188 | 200 | 202 | 208 | 196 | 204 | 213 | 197 | 205 | 214 | 225 | 191 | 217 | 218 | 225 | 210 |
Other Operating Expenses | 503 | 27 | 1,034 | 23 | 591 | 208 | 34 | 24 | - | 45 | -21 | - | 8 | 541 | -68 | - | - | 186 | -16 | - |
Total Operating Expenses | 1,285 | 671 | 1,592 | 600 | 1,189 | 850 | 665 | 704 | 663 | 772 | 684 | 658 | 702 | 1,264 | 623 | 630 | 737 | 990 | 732 | 713 |
Operating Income | 882 | -31 | -1,044 | 131 | -606 | -179 | 270 | 366 | 661 | 505 | 291 | 480 | 843 | -42 | 580 | 1,104 | 2,028 | 1,872 | 1,854 | 2,513 |
Interest Income | 38 | 42 | 38 | 47 | 39 | 28 | 57 | 36 | 42 | 65 | 43 | 44 | 66 | 76 | 68 | 41 | 36 | 28 | 20 | 14 |
Interest Expense | -210 | -219 | -219 | -221 | -209 | -216 | -216 | -199 | -197 | -199 | -197 | -192 | -172 | -185 | -175 | -155 | -165 | -167 | -170 | -178 |
Other Non-Operating Income (Expense) | 161 | -182 | -323 | 113 | 117 | -7 | 108 | 121 | 102 | 78 | -489 | 85 | -26 | 31 | 392 | 11 | 270 | 322 | 414 | -101 |
Total Non-Operating Income (Expense) | -11 | -359 | -504 | -61 | -53 | -195 | -51 | -42 | -53 | -56 | -643 | -63 | -132 | -78 | 285 | -103 | 141 | 183 | 264 | -265 |
Pretax Income | 871 | -390 | -1,548 | 70 | -659 | -374 | 219 | 324 | 608 | 449 | -352 | 417 | 711 | -120 | 865 | 1,001 | 2,169 | 2,055 | 2,118 | 2,248 |
Provision for Income Taxes | 69 | 55 | -71 | -54 | 142 | -84 | 254 | 84 | 150 | -89 | -257 | 90 | 210 | -47 | 218 | 241 | 488 | 503 | 357 | 542 |
Net Income | 802 | -445 | -1,477 | 124 | -801 | -290 | -35 | 240 | 458 | 538 | -95 | 327 | 501 | -73 | 647 | 760 | 1,681 | 1,552 | 1,761 | 1,706 |
Minority Interest in Earnings | 81 | 88 | 66 | 62 | 34 | 17 | 18 | 26 | 19 | 22 | 10 | 25 | 16 | 20 | 34 | 21 | 20 | -17 | 25 | 23 |
Net Income to Common | 721 | -533 | -1,543 | 62 | -835 | -307 | -53 | 214 | 439 | 516 | -105 | 302 | 485 | -93 | 613 | 739 | 1,661 | 1,569 | 1,736 | 1,683 |
Net Income Growth (YoY) | - | - | - | -71.03% | - | - | - | -29.14% | -9.49% | - | - | -59.13% | -70.80% | - | -64.69% | -56.09% | -12.63% | 58.33% | 40.45% | - |
Shares Outstanding (Basic) | 724 | 721 | 718 | 712 | 710 | 707 | 705 | 702 | 704 | 705 | 704 | 704 | 707 | 708 | 709 | 714 | 726 | 735 | 738 | 745 |
Shares Outstanding (Diluted) | 725 | 721 | 718 | 713 | 710 | 707 | 705 | 704 | 705 | 706 | 704 | 708 | 710 | 708 | 713 | 718 | 732 | 740 | 743 | 750 |
Shares Change (YoY) | 2.20% | 2.02% | 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% | -0.23% | 1.28% |
EPS (Basic) | 0.99 | -0.74 | -2.15 | 0.08 | -1.18 | -0.44 | -0.08 | 0.30 | 0.62 | 0.73 | -0.15 | 0.43 | 0.68 | -0.13 | 0.86 | 1.03 | 2.28 | 2.12 | 2.34 | 2.25 |
EPS (Diluted) | 0.99 | -0.74 | -2.15 | 0.08 | -1.18 | -0.44 | -0.08 | 0.30 | 0.62 | 0.73 | -0.15 | 0.42 | 0.68 | -0.13 | 0.85 | 1.02 | 2.26 | 2.11 | 2.32 | 2.23 |
EPS Growth (YoY) | - | - | - | -73.33% | - | - | - | -28.57% | -8.82% | - | - | -58.82% | -69.91% | - | -63.36% | -54.26% | -9.96% | 59.85% | 40.61% | - |
Additional Metrics
Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 672 | 600 | -331 | 521 | -1,170 | -624 | 1 | 3 | 69 | -302 | 856 | 1,008 | 716 | 38 | 1,421 | 1,432 | 1,353 | 1,249 | 1,372 | 2,286 |
Free Cash Flow Growth (YoY) | - | - | - | 17266.67% | - | - | -99.88% | -99.70% | -90.36% | - | -39.76% | -29.61% | -47.08% | -96.96% | 3.57% | -37.36% | -18.25% | - | 3.00% | 54.67% |
Free Cash Flow Per Share | 0.93 | 0.83 | -0.46 | 0.73 | -1.65 | -0.88 | 0.00 | 0.00 | 0.10 | -0.43 | 1.22 | 1.42 | 1.01 | 0.05 | 1.99 | 1.99 | 1.85 | 1.69 | 1.85 | 3.05 |
Dividends 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 | 0.700 |
Dividend Growth (YoY) | -50.00% | -50.00% | -50.00% | -50.00% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | - | 0% |
Gross Margin | 17.92% | 6.53% | 5.79% | 7.33% | 5.77% | 6.43% | 8.99% | 9.84% | 12.13% | 11.86% | 9.18% | 10.61% | 13.53% | 10.31% | 10.14% | 12.28% | 17.65% | 18.75% | 18.00% | 21.74% |
Operating Margin | 7.29% | -0.32% | -11.04% | 1.31% | -6.00% | -1.72% | 2.59% | 3.36% | 6.06% | 4.69% | 2.74% | 4.47% | 7.38% | -0.35% | 4.89% | 7.82% | 12.95% | 12.26% | 12.91% | 16.94% |
Profit Margin | 6.63% | -4.54% | -15.61% | 1.24% | -7.93% | -2.78% | -0.34% | 2.21% | 4.20% | 5.00% | -0.89% | 3.05% | 4.39% | -0.62% | 5.46% | 5.38% | 10.73% | 10.17% | 12.26% | 11.50% |
FCF Margin | 5.56% | 6.13% | -3.50% | 5.22% | -11.58% | -5.98% | 0.01% | 0.03% | 0.63% | -2.81% | 8.06% | 9.39% | 6.27% | 0.32% | 11.98% | 10.15% | 8.64% | 8.18% | 9.55% | 15.41% |
EBITDA | 1,546 | 688 | -336 | 819 | 118 | 535 | 1,021 | 1,107 | 1,343 | 1,225 | 948 | 1,137 | 1,492 | 606 | 1,234 | 1,772 | 2,712 | 2,624 | 2,509 | 3,238 |
EBITDA Margin | 12.79% | 7.02% | -3.55% | 8.21% | 1.17% | 5.13% | 9.81% | 10.18% | 12.30% | 11.38% | 8.93% | 10.60% | 13.06% | 5.11% | 10.41% | 12.55% | 17.31% | 17.19% | 17.47% | 21.82% |
EBIT | 882 | -31 | -1,044 | 131 | -606 | -179 | 270 | 366 | 661 | 505 | 291 | 480 | 843 | -42 | 580 | 1,104 | 2,028 | 1,872 | 1,854 | 2,513 |
EBIT Margin | 7.29% | -0.32% | -11.04% | 1.31% | -6.00% | -1.72% | 2.59% | 3.36% | 6.06% | 4.69% | 2.74% | 4.47% | 7.38% | -0.35% | 4.89% | 7.82% | 12.95% | 12.26% | 12.91% | 16.94% |
Effective Tax Rate | 7.92% | -14.10% | 4.59% | -77.14% | -21.55% | 22.46% | 115.98% | 25.93% | 24.67% | -19.82% | 73.01% | 21.58% | 29.54% | 39.17% | 25.20% | 24.08% | 22.50% | 24.48% | 16.86% | 24.11% |