The Filings Report

Dow Inc.

DOWNYSECIK 1751788Basic Materials / Chemicalsfiscal year ends December34 quarters since 2018

Revenue, Q3 FY2026
$11.3B
+13.0% on Q3 FY2025
Net income
$458M
+638.7% on Q3 FY2025
Free cash flow
—
no year-earlier figure
Diluted EPS
$0.62
+675.0% on Q3 FY2025
Revenue, TTM
$40.5B
trailing four quarters
Net margin, TTM
—
net income —
Free cash flow, TTM
—
Cash and equivalents
$4.1B
long-term debt —, Sep 30, 2026
Shares, 12-month change
+1.9%
724M shares, Sep 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
$25.1B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 23, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, Dow Inc. reported revenue of $11.3B, +13.0% on Q3 FY2025, and net income of $458M (+638.7%). Diluted earnings per share were $0.62.

The last 16 quarters

Q3 FY2022 to Q3 FY2026, through the filing of October 23, 2026.

Revenue and net incomeRevenueNet income
−$5B$0$5B$10B$15BQ3'22, Revenue: $14.1BQ3'22, Net income: $739MQ3'22Q4'22, Revenue: $11.9BQ4'22Q1'23, Revenue: $11.9BQ1'23, Net income: −$93MQ1'23Q2'23, Revenue: $11.4BQ2'23, Net income: $485MQ2'23Q3'23, Revenue: $10.7BQ3'23, Net income: $302MQ3'23Q4'23, Revenue: $10.6BQ4'23Q1'24, Revenue: $10.8BQ1'24, Net income: $516MQ1'24Q2'24, Revenue: $10.9BQ2'24, Net income: $439MQ2'24Q3'24, Revenue: $10.9BQ3'24, Net income: $214MQ3'24Q4'24, Revenue: $10.4BQ4'24Q1'25, Revenue: $10.4BQ1'25, Net income: −$307MQ1'25Q2'25, Revenue: $10.1BQ2'25, Net income: −$835MQ2'25Q3'25, Revenue: $10.0BQ3'25, Net income: $62MQ3'25Q4'25, Revenue: $9.5BQ4'25Q1'26, Revenue: $9.8BQ1'26, Net income: −$533MQ1'26Q3'26, Revenue: $11.3BQ3'26, Net income: $458MQ3'26−$5B$0$5B$10B$15BQ3'22, Revenue: $14.1BQ3'22, Net income: $739MQ4'22, Revenue: $11.9BQ4'22Q1'23, Revenue: $11.9BQ1'23, Net income: −$93MQ2'23, Revenue: $11.4BQ2'23, Net income: $485MQ2'23Q3'23, Revenue: $10.7BQ3'23, Net income: $302MQ4'23, Revenue: $10.6BQ4'23Q1'24, Revenue: $10.8BQ1'24, Net income: $516MQ2'24, Revenue: $10.9BQ2'24, Net income: $439MQ2'24Q3'24, Revenue: $10.9BQ3'24, Net income: $214MQ4'24, Revenue: $10.4BQ4'24Q1'25, Revenue: $10.4BQ1'25, Net income: −$307MQ2'25, Revenue: $10.1BQ2'25, Net income: −$835MQ2'25Q3'25, Revenue: $10.0BQ3'25, Net income: $62MQ4'25, Revenue: $9.5BQ4'25Q1'26, Revenue: $9.8BQ1'26, Net income: −$533MQ3'26, Revenue: $11.3BQ3'26, Net income: $458MQ3'26

Net income losses drawn in red.

Free cash flow
−$1.5B−$1.0B−$500M$0$500M$1.0BQ3'22Q4'22Q1'23Q2'23Q3'23Q4'23Q1'24, Free cash flow: −$250MQ1'24Q2'24, Free cash flow: $113MQ2'24Q3'24, Free cash flow: $64MQ3'24Q4'24, Free cash flow: $47MQ4'24Q1'25, Free cash flow: −$594MQ1'25Q2'25, Free cash flow: −$1.1BQ2'25Q3'25, Free cash flow: $563MQ3'25Q4'25, Free cash flow: −$284MQ4'25Q1'26, Free cash flow: $621MQ1'26Q3'26−$1.5B−$1.0B−$500M$0$500M$1.0BQ4'22Q2'23Q4'23Q1'24, Free cash flow: −$250MQ2'24, Free cash flow: $113MQ2'24Q3'24, Free cash flow: $64MQ4'24, Free cash flow: $47MQ4'24Q1'25, Free cash flow: −$594MQ2'25, Free cash flow: −$1.1BQ2'25Q3'25, Free cash flow: $563MQ4'25, Free cash flow: −$284MQ4'25Q1'26, Free cash flow: $621MQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$5B$10B$15B$20BQ3'22, Cash and equivalents: $2.2BQ3'22, Long-term debt: $13.3BQ3'22Q4'22, Cash and equivalents: $3.9BQ4'22, Long-term debt: $15.1BQ4'22Q1'23, Cash and equivalents: $3.3BQ1'23, Long-term debt: $15.0BQ1'23Q2'23, Cash and equivalents: $2.9BQ2'23Q3'23, Cash and equivalents: $3.1BQ3'23Q4'23, Cash and equivalents: $3.0BQ4'23Q1'24, Cash and equivalents: $3.7BQ1'24Q2'24, Cash and equivalents: $3.3BQ2'24Q3'24, Cash and equivalents: $2.9BQ3'24Q4'24, Cash and equivalents: $2.2BQ4'24, Long-term debt: $16.2BQ4'24Q1'25, Cash and equivalents: $1.5BQ1'25Q2'25, Cash and equivalents: $2.4BQ2'25Q3'25, Cash and equivalents: $4.6BQ3'25Q4'25, Cash and equivalents: $3.8BQ4'25Q1'26, Cash and equivalents: $4.1BQ1'26Q3'26, Cash and equivalents: $4.1BQ3'26$0$5B$10B$15B$20BQ3'22, Cash and equivalents: $2.2BQ3'22, Long-term debt: $13.3BQ4'22, Cash and equivalents: $3.9BQ4'22, Long-term debt: $15.1BQ4'22Q1'23, Cash and equivalents: $3.3BQ1'23, Long-term debt: $15.0BQ2'23, Cash and equivalents: $2.9BQ2'23Q3'23, Cash and equivalents: $3.1BQ4'23, Cash and equivalents: $3.0BQ4'23Q1'24, Cash and equivalents: $3.7BQ2'24, Cash and equivalents: $3.3BQ2'24Q3'24, Cash and equivalents: $2.9BQ4'24, Cash and equivalents: $2.2BQ4'24, Long-term debt: $16.2BQ4'24Q1'25, Cash and equivalents: $1.5BQ2'25, Cash and equivalents: $2.4BQ2'25Q3'25, Cash and equivalents: $4.6BQ4'25, Cash and equivalents: $3.8BQ4'25Q1'26, Cash and equivalents: $4.1BQ3'26, Cash and equivalents: $4.1BQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 23, 2026.

Dow Inc. income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 23, 2026Q1 FY2026ended Mar 31, 2026filed Apr 24, 2026Q4 FY2025ended Dec 31, 2025filed Feb 3, 2026Q3 FY2025ended Sep 30, 2025filed Oct 24, 2025Q2 FY2025ended Jun 30, 2025filed Jul 25, 2025Q1 FY2025ended Mar 31, 2025filed Apr 25, 2025Q4 FY2024ended Dec 31, 2024filed Feb 4, 2025Q3 FY2024ended Sep 30, 2024filed Oct 25, 2024YoYQ3 FY2026vs Q3 FY2025
Revenue11,2679,7949,4609,97310,10410,43110,40510,879+13.0%
Cost of revenue9,8899,1548,9129,2429,5219,7609,4709,809+7.0%
Gross profit—————————
Research and development—————————
Selling, general and administrative408417339340347366353396+20.0%
Operating income—————————
Other income (expense)50121(205)18514713159119−73.0%
Pretax income642(390)(1,548)70(659)(374)219324+817.1%
Income tax11755(71)(54)142(84)25484+316.7%
Net income458(533)—62(835)(307)—214+638.7%
Diluted EPS ($)0.62(0.74)—0.08(1.18)(0.44)—0.30+675.0%
Diluted shares (millions)727721—713710707—704—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 23, 2026.

Dow Inc. balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 23, 2026Q1 FY2026ended Mar 31, 2026filed Apr 24, 2026Q4 FY2025ended Dec 31, 2025filed Feb 3, 2026Q3 FY2025ended Sep 30, 2025filed Oct 24, 2025Q2 FY2025ended Jun 30, 2025filed Jul 25, 2025Q1 FY2025ended Mar 31, 2025filed Apr 25, 2025Q4 FY2024ended Dec 31, 2024filed Feb 4, 2025Q3 FY2024ended Sep 30, 2024filed Oct 25, 2024YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents4,1424,1103,8164,6092,3991,4652,1892,883−10.1%
Short-term investments—————————
Total current assets20,17719,46918,06219,64617,71216,32816,59017,977+2.7%
Total assets60,95359,78058,53860,99058,99157,49957,31259,389−0.1%
Total current liabilities11,49310,5369,18310,10410,48610,58610,28810,827+13.7%
Long-term debt——————16,208——
Total liabilities—————————
Stockholders’ equity16,15315,24916,00817,54117,23116,78817,35518,311−7.9%
Shares outstanding (millions)724721718711709707704700—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 23, 2026.

Dow Inc. cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 23, 2026Q1 FY2026ended Mar 31, 2026filed Apr 24, 2026Q4 FY2025ended Dec 31, 2025filed Feb 3, 2026Q3 FY2025ended Sep 30, 2025filed Oct 24, 2025Q2 FY2025ended Jun 30, 2025filed Jul 25, 2025Q1 FY2025ended Mar 31, 2025filed Apr 25, 2025Q4 FY2024ended Dec 31, 2024filed Feb 4, 2025Q3 FY2024ended Sep 30, 2024filed Oct 25, 2024YoYQ3 FY2026vs Q3 FY2025
Operating cash flow—1,1242841,127(470)91814800—
Capital expenditures—503568564662685767736—
Free cash flow (CFO − capex)—621(284)563(1,132)(594)4764—
Depreciation and amortization666719708688724714751741−3.2%
Share repurchases——0000094—
Dividends paid—252251249496494492490—

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 3, 2026.

Income statement

Dow Inc. income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 3, 2026FY2024ended Dec 31, 2024filed Feb 4, 2025FY2023ended Dec 31, 2023filed Jan 31, 2024FY2022ended Dec 31, 2022filed Feb 1, 2023FY2021ended Dec 31, 2021filed Feb 4, 2022FY2020ended Dec 31, 2020filed Feb 5, 2021FY2019ended Dec 31, 2019filed Feb 7, 2020FY2018ended Dec 31, 2018filed May 3, 2019FY2017ended Dec 31, 2017filed Feb 7, 2020
Revenue39,96842,96444,62256,90254,96838,54242,95149,604—
Cost of revenue37,43538,35839,74248,33844,19133,34636,65741,07436,350
Gross profit—————5,1966,2948,530—
Research and development—————————
Selling, general and administrative1,3921,5811,6271,6751,6451,4711,5901,7821,795
Operating income—————————
Other income (expense)140415(280)727(35)1,26946196(154)
Pretax income(2,511)1,6006566,0908,1452,071(1,247)3,749237
Income tax(67)399(4)1,4501,7407774708091,524
Net income—————————
Diluted EPS ($)(3.70)1.570.826.288.381.64(1.84)6.210.60
Diluted shares (millions)712705709726749742743747745

Balance sheet

Dow Inc. balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 3, 2026FY2024ended Dec 31, 2024filed Feb 4, 2025FY2023ended Dec 31, 2023filed Jan 31, 2024FY2022ended Dec 31, 2022filed Feb 1, 2023FY2021ended Dec 31, 2021filed Feb 4, 2022FY2020ended Dec 31, 2020filed Feb 5, 2021FY2019ended Dec 31, 2019filed Feb 7, 2020FY2018ended Dec 31, 2018filed May 3, 2019FY2017ended Dec 31, 2017filed Feb 7, 2020
Cash and equivalents3,8162,1892,9873,8862,9885,1042,3672,7246,189
Short-term investments———9392454521100—
Total current assets18,06216,59017,61420,47720,84819,08416,81539,370—
Total assets58,53857,31257,96760,60362,99061,47060,52483,699—
Total current liabilities9,18310,2889,95711,33113,22611,10810,67915,547—
Long-term debt—16,208—15,06014,51116,95116,41019,591—
Total liabilities—————————
Stockholders’ equity16,00817,35518,60720,71818,16512,43513,54132,48331,515
Shares outstanding (millions)718704702705736744742749—

Cash flow statement

Dow Inc. cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 3, 2026FY2024ended Dec 31, 2024filed Feb 4, 2025FY2023ended Dec 31, 2023filed Jan 31, 2024FY2022ended Dec 31, 2022filed Feb 1, 2023FY2021ended Dec 31, 2021filed Feb 4, 2022FY2020ended Dec 31, 2020filed Feb 5, 2021FY2019ended Dec 31, 2019filed Feb 7, 2020FY2018ended Dec 31, 2018filed May 3, 2019FY2017ended Dec 31, 2017filed Feb 7, 2020
Operating cash flow1,0322,9145,1967,4757,0096,2265,9304,254(4,929)
Capital expenditures2,4792,9402,3561,8231,5011,2521,9612,0912,807
Free cash flow (CFO − capex)(1,447)(26)2,8405,6525,5084,9743,9692,163(7,736)
Depreciation and amortization2,8342,8942,6112,7582,8422,8742,9382,9092,546
Share repurchases04946252,3251,00012550000
Dividends paid1,4901,9661,9722,0062,0732,0711,55001,056

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$0
0 sales by 0 insiders; officers and directors $0

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 26, 2026Tate Jeffrey L.Chief Financial Officerdisposition to issuer25,564$33.99$869K93,197Oct 28, 2026
Jul 1, 2026Carter Karen SChief Executive Officer, Directoraward24,150$0.00—174,481Jul 6, 2026
Apr 9, 2026Davis Richard KDirectoraward5,127$0.00—55,299Apr 13, 2026
Apr 9, 2026Bush Wesley GDirectoraward5,127$0.00—33,800Apr 13, 2026
Apr 9, 2026Hinman Jacqueline C.Directoraward5,127$0.00—33,157Apr 13, 2026
Apr 9, 2026Dial Debra L.Directoraward5,127$0.00—24,716Apr 13, 2026
Apr 9, 2026Devard JerriDirectoraward5,127$0.00—21,850Apr 13, 2026
Apr 9, 2026Banister Gaurdie E. JR.Directoraward5,127$0.00—27,492Apr 13, 2026
Apr 9, 2026Moreno Mejia Luis AlbertoDirectoraward5,127$0.00—24,716Apr 13, 2026
Apr 9, 2026Fettig Jeff MDirectoraward5,127$0.00—33,157Apr 13, 2026
Apr 9, 2026Allen Samuel RDirectoraward5,127$0.00—32,522Apr 13, 2026
Apr 9, 2026Yohannes DanielDirectoraward5,127$0.00—34,880Apr 13, 2026
Apr 9, 2026Wyant Jill SDirectoraward5,127$0.00—29,777Apr 13, 2026
Feb 26, 2026Argenton AndreChief Tech & Sustainabilitydisposition to issuerindirect103$29.90$3K11,879Mar 2, 2026
Feb 26, 2026Argenton AndreChief Tech & Sustainabilitydisposition to issuer688$29.90$21K50,919Mar 2, 2026
Feb 26, 2026Wilson Amy EGeneral Counsel / Secretarydisposition to issuer3,718$29.90$111K113,133Mar 2, 2026
Feb 26, 2026Cleason KeithPresident, Pkg & Spec Plasticsdisposition to issuer686$29.90$21K57,052Mar 2, 2026
Feb 26, 2026Bryant LisaChief Human Resources Officerdisposition to issuer1,763$29.90$53K33,099Mar 2, 2026
Feb 26, 2026Carter Karen SChief Operating Officerdisposition to issuer2,969$29.90$89K150,331Mar 2, 2026
Feb 26, 2026Lange Philo BrendyPresident, Perf Mat & Coatingsdisposition to issuer621$29.90$19K23,161Mar 2, 2026
Feb 26, 2026Sampson John MauriceSenior Vice Presidentdisposition to issuer3,016$29.90$90K134,544Mar 2, 2026
Feb 26, 2026Dominowski Andrea LController and Vice Presidentdisposition to issuer282$29.90$8K24,150Mar 2, 2026
Feb 12, 2026Fitterling James RChair and CEO, Directoraward68,230$0.00—190,117May 1, 2026
Feb 12, 2026Argenton AndreChief Tech & Sustainabilityawardindirect302$0.00—9,630Feb 17, 2026
Feb 12, 2026Argenton AndreChief Tech & Sustainabilityaward10,570$0.00—51,607Feb 17, 2026

Full insider history for Dow Inc., or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Dow Inc., CIK 1751788 on EDGAR
Extract generated
November 1, 2026
Withheld
4 line-years whose four quarters do not sum to the filed year: capex FY2018, opex sga FY2018, pretax income FY2018, revenue FY2018
Repaired
1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: other income FY2025
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: CostOfGoodsAndServicesSold
Gross profit: GrossProfit
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: SellingGeneralAndAdministrativeExpense
Operating income: not filed
Other income (expense): NonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: AvailableForSaleSecuritiesDebtSecuritiesCurrent, ShortTermInvestments
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebt
Total liabilities: not filed
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquireProductiveAssets
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividends, PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/DOW.json