Monday 2 November 2026
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Dow Inc.
Dow Inc.’s revenue for fiscal 2025 (year ended December 2025) was $40.0 billion, down 6.97% from fiscal 2024.
- Revenue
- +13.0%
- EPS
- +687.5%
- Free cash flow
- +169.7%
- Total debt
- −3.31%
Quarter to September 2026, against a year earlier
34.12
0.58
−1.67%
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Dow Inc. (DOW) revenue by segment, product and region
Where the money comes from and where it goes
| Packaging & Specialty Plastics | 21,776 | 50.68% |
|---|---|---|
| Industrial Intermediates & Infrastructure | 11,869 | 27.63% |
| Performance Materials & Coatings | 8,574 | 19.96% |
| Corporate Segment | 745 | 1.73% |
| Gross margin | 10.72% | |
| Operating margin | 4.19% | |
| Pre-tax margin | 3.72% |
Revenue by segment $m
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Packaging & Specialty Plastics | 19,970 49.96% | 21,776 50.68% | 23,149 51.88% | 29,260 51.42% | 28,128 51.17% | 18,301 47.48% | 20,245 47.14% | 24,195 48.78% | 21,504 49.17% |
| Industrial Intermediates & Infrastructure | 11,163 27.93% | 11,869 27.63% | 12,538 28.10% | 16,606 29.18% | 16,851 30.66% | 12,021 31.19% | 13,440 31.29% | 15,447 31.14% | 12,951 29.62% |
| Performance Materials & Coatings | 8,134 20.35% | 8,574 19.96% | 8,497 19.04% | 10,764 18.92% | 9,672 17.60% | 7,951 20.63% | 8,923 20.77% | 9,677 19.51% | 8,892 20.33% |
| Corporate Segment | 701 1.75% | 745 1.73% | 438 0.98% | 272 0.48% | 317 0.58% | 269 0.70% | 343 0.80% | 285 0.57% | 383 0.88% |
| Revenue | 39,968 | 42,964 | 44,622 | 56,902 | 54,968 | 38,542 | 42,951 | 49,604 | 43,730 |
Revenue by region $m
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | 14,729 36.85% | 15,304 35.62% | 15,328 34.35% | 19,336 33.98% | 18,083 32.90% | 12,547 32.55% | 14,437 33.61% | 16,613 33.49% | 15,316 35.02% |
| Rest of World [Domain] | 12,650 31.65% | 13,702 31.89% | 14,757 33.07% | 17,935 31.52% | 17,139 31.18% | 13,026 33.80% | 13,902 32.37% | 15,585 31.42% | 13,188 30.16% |
| Europe, Middle East, Africa and India [Domain] | 12,589 31.50% | 13,958 32.49% | 14,537 32.58% | 19,631 34.50% | 19,746 35.92% | 12,969 33.65% | 14,612 34.02% | 17,406 35.09% | 15,226 34.82% |
| Also reported: a second breakdown of the same revenue | |||||||||
| U.S. & Canada | 15,806 39.55% | 16,423 38.23% | 16,640 37.29% | 20,945 36.81% | 19,613 35.68% | 13,582 35.24% | 15,549 36.20% | 17,809 35.90% | — |
| EMEAI 1 | 12,589 31.50% | 13,958 32.49% | 14,537 32.58% | 19,631 34.50% | 19,746 35.92% | 12,969 33.65% | 14,612 34.02% | 17,406 35.09% | — |
| Asia Pacific | 7,219 18.06% | 7,707 17.94% | 8,266 18.52% | 10,344 18.18% | 10,043 18.27% | 8,165 21.18% | 8,676 20.20% | 9,404 18.96% | — |
| Latin America | 4,354 10.89% | 4,876 11.35% | 5,179 11.61% | 5,982 10.51% | 5,566 10.13% | 3,826 9.93% | 4,114 9.58% | 4,985 10.05% | — |
| Revenue | 39,968 | 42,964 | 44,622 | 56,902 | 54,968 | 38,542 | 42,951 | 49,604 | 43,730 |
Operating figures as reported in each quarter’s results release or filing
| Figure | Quarter | Latest | A year before | Change |
|---|---|---|---|---|
| Remaining performance obligations | Q3 FY2026 | $618.0M | $735.0M | −15.92% |