Dow revenue and financials
$28.30Change from previous close: +1.16%Absolute change: +$0.33
In the fiscal year ended December 2025, Dow reported revenue of $39.97B (−6.97% year over year). The net loss was $2.44B.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −6.97%
- 2025 vs 2024
- Net margin
- -6.1%
- 2024: 2.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 39,968 | 42,964 | 44,622 | 56,902 | 54,968 | 38,542 | 42,951 | 49,604 | 43,730 |
| Cost of revenue | 37,435 | 38,358 | 39,742 | 48,338 | 44,191 | 33,346 | 36,657 | 41,074 | 36,350 |
| Gross profit | 2,491 | 4,681 | 5,057 | 8,564 | 10,710 | 5,196 | 6,294 | 8,530 | — |
| Selling, general and administrative | 1,569 | 1,317 | 1,907 | 1,337 | 1,313 | — | — | — | — |
| Research and development | 752 | 810 | 829 | 851 | 857 | — | — | — | — |
| Operating income | -61.0 | 2,244 | 1,997 | 6,040 | 8,152 | — | — | — | — |
| EBIT | -61.0 | 2,244 | 1,997 | 6,040 | 8,152 | — | — | — | — |
| EBITDA | 2,703 | 5,071 | 4,538 | 8,718 | 10,904 | — | — | — | — |
| Interest expense | 865 | 811 | 746 | 662 | 731 | — | — | — | — |
| Pre-tax income | -2,511 | 1,600 | 656 | 6,090 | 8,145 | — | — | — | — |
| Income tax | -67.0 | 399 | -4.0 | 1,450 | 1,740 | 777 | 470 | 809 | 1,524 |
| Net income | -2,444 | 1,201 | 660 | 4,640 | 6,405 | 1,294 | -1,272 | 4,775 | 595 |
| Net income to common shareholders | -2,634 | 1,104 | 578 | 4,558 | 6,279 | — | — | — | — |
| Basic EPS | -3.70 | 1.57 | 0.82 | 6.32 | 8.44 | 1.64 | -1.84 | 6.21 | 0.60 |
| Diluted EPS | -3.70 | 1.57 | 0.82 | 6.28 | 8.38 | 1.64 | -1.84 | 6.21 | 0.60 |
| Average shares (basic) | 712 | 704 | 706 | 721 | 744 | — | — | — | — |
| Average shares (diluted) | 712 | 705 | 709 | 726 | 749 | 742 | 743 | 747 | 745 |
| Dividend per share | 2.10 | 2.80 | 2.80 | 2.80 | 2.80 | — | — | — | — |