Dow (DOW)
Makes polyethylene, polyurethane materials, industrial intermediates, silicones and coating ingredients.
$28.24
After hours+0.05 (+0.18%)
At close$28.19(−0.28%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10,730 | 10,621 | 10,765 | 10,915 | 10,879 | 10,405 | 10,431 | 10,104 | 9,973 | 9,460 | 9,794 | 12,092 |
| Cost of revenue | 9,614 | 9,645 | 9,415 | 9,673 | 9,904 | 9,528 | 9,727 | 9,560 | 9,284 | 8,912 | 9,154 | 9,925 |
| Gross profit | 1,116 | 976 | 1,350 | 1,242 | 975 | 877 | 704 | 544 | 689 | 548 | 640 | 2,167 |
| 577 | 624 | 646 | 586 | 604 | 555 | 566 | 535 | 530 | 1,592 | 671 | 1,285 | |
| Research & development | 197 | 213 | 204 | 196 | 208 | 202 | 200 | 188 | 191 | 173 | 181 | 207 |
| Selling, general & administrative | 380 | 411 | 442 | 390 | 396 | 353 | 366 | 347 | 339 | 339 | 417 | 535 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,080 | 73 | 543 |
| Operating income | 539 | 352 | 704 | 656 | 371 | 322 | 138 | 9 | 159 | −1,044 | −31 | 882 |
| −122 | −704 | −255 | −48 | −47 | −103 | −512 | −668 | −89 | −504 | −359 | −11 | |
| Interest income | 44 | 43 | 65 | 42 | 36 | 57 | 28 | 39 | 47 | 38 | 42 | 38 |
| Interest expense | 189 | 197 | 197 | 191 | 197 | 173 | 235 | 222 | 221 | 219 | 219 | 210 |
| Other non-operating income | −67 | 507 | 58 | −143 | −150 | −70 | 277 | 446 | −132 | 285 | −180 | −199 |
| Income before tax | 417 | −352 | 449 | 608 | 324 | 219 | −374 | −659 | 70 | −1,548 | −390 | 871 |
| Income tax expense | 90 | −257 | −89 | 150 | 84 | 254 | −84 | 142 | −54 | −71 | 55 | 69 |
| Net income from continuing operations | 327 | −95 | 538 | 458 | 240 | −35 | −290 | −801 | 124 | −1,477 | −445 | 802 |
| Net income | 302 | −105 | 516 | 439 | 214 | −53 | −307 | −835 | 62 | −1,543 | −445 | 721 |
| EPS, basic | $0.43 | −$0.15 | $0.73 | $0.62 | $0.30 | −$0.08 | −$0.44 | −$1.18 | $0.08 | −$2.15 | −$0.74 | $1.00 |
| EPS, diluted | $0.42 | −$0.15 | $0.73 | $0.62 | $0.30 | −$0.08 | −$0.44 | −$1.18 | $0.08 | −$2.15 | −$0.74 | $0.99 |
| Weighted average shares, basic | 704 | 704 | 705 | 704 | 702 | 704 | 707 | 704 | 712 | 718 | 721 | 710 |
| Weighted average shares, diluted | 708 | 704 | 706 | 705 | 704 | 705 | 707 | 705 | 713 | 718 | 721 | 710 |
| EBITDA | 1,263 | 502 | 1,366 | 1,481 | 1,262 | 1,143 | 575 | 287 | 979 | −621 | 195 | 1,745 |
| Depreciation & amortization | 657 | 657 | 720 | 682 | 741 | 751 | 714 | 724 | 688 | 708 | 46 | 664 |
| EBIT | 606 | −155 | 646 | 799 | 521 | 392 | −139 | −437 | 291 | −1,329 | 149 | 1,081 |
