Dow (DOW) financial statements

+10.2%since 2016
FY2025 revenue
$40.0B▼ −7.0%
FY2025 net income
−$2.4B▼ −303.5%
FY2025 diluted EPS
−$3.70▼ −335.7%
FY2025 free cash flow
−$1.4B

Dow income statement

Dow income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue39,96842,96444,622
Pretax income-2,5111,600656
Net income-2,4441,201660
Diluted earnings per share-3.701.570.82

Dow balance sheet

Dow balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents3,8162,2632,987
Total assets58,53857,31257,967
Total liabilities (derived)41,01639,46138,859
Total equity17,52217,85119,108
Long-term debt17,84915,71114,907

Dow cash flow statement

Dow cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow1,0322,9145,196
Capital expenditure-2,479-2,940-2,356
Free cash flow (derived)-1,447-262,840
Dividends paid-1,490-1,966-1,972
Share repurchases0-494-625

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q1 FY2026Q4 FY2025Q3 FY2025
Period ended30 Sep 202631 Mar 202631 Dec 202530 Sep 2025
Revenue (derived)11,2679,7949,4609,973
Net income458-533n/a62
Diluted earnings per share0.62-0.74n/a0.08
Operating cash flow (derived)n/a1,1242841,127
Total assets60,95359,78058,53860,990

Dow major shareholders

Dow major shareholders
HolderShare of classSharesFiled
Vanguard Capital Management7.4%53,373,36029 April 2026
STATE STREET CORPORATION5.3%37,921,1797 August 2026

Dow 10-K and SEC filings

Dow 10-K and SEC filings
FiledFormTypeDescription
23 October 202610-QQuarterly reportQuarterly report
22 October 20268-KCurrent reportCurrent report
24 July 202610-QQuarterly reportQuarterly report
23 July 20268-KCurrent reportCurrent report
10 July 20268-KCurrent reportCurrent report
24 April 202610-QQuarterly reportQuarterly report
23 April 20268-KCurrent reportCurrent report
14 April 20268-KCurrent reportCurrent report

Common questions

What was Dow's revenue in fiscal 2025?

Dow reported $40.0 billion in revenue for fiscal 2025, the year ended 31 December 2025, down 7.0% from fiscal 2024.

What was Dow's net income in fiscal 2025?

Dow reported a net loss of $2.4 billion for fiscal 2025, the year ended 31 December 2025. Diluted earnings per share were −$3.70.

What was Dow's free cash flow in fiscal 2025?

Dow had negative free cash flow of $1.4 billion in fiscal 2025. Operating cash flow was $1.0 billion and capital expenditure was $2.5 billion.

What were Dow's total assets at the end of fiscal 2025?

Dow reported total assets of $58.5 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much Dow history does each plan include?

Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.