DOW INC.
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Income Statement
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Revenue From Contract With Customer Including Assessed Tax (Q) | — | — | — |
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| Industrial Intermediates & Infrastructure [Member] · Operating Segments | 2,626,000,000 | 2,855,000,000 | -8.0% |
| Packaging & Specialty Plastics [Member] · Operating Segments | 4,919,000,000 | 5,310,000,000 | -7.4% |
| Performance Materials & Coatings [Member] · Operating Segments | 2,080,000,000 | 2,071,000,000 | +0.4% |
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| Europe, Middle East, Africa and India [Domain] | 3,184,000,000 | 3,274,000,000 | -2.7% |
| Rest of World [Domain] | 3,097,000,000 | 3,211,000,000 | -3.6% |
| US | 3,513,000,000 | 3,946,000,000 | -11.0% |
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| Operating Segment Total | 9,625,000,000 | 10,236,000,000 | -6.0% |
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| Revenue From Contract With Customer Including Assessed Tax | 9,794,000,000 | 10,431,000,000 | -6.1% |
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| The Dow Chemical Company | 9,794,000,000 | 10,431,000,000 | -6.1% |
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| Corporate Non Segment | 169,000,000 | 195,000,000 | -13.3% |
| Depreciation (Q) | — | — | — |
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| Depreciation | 522,000,000 | 512,000,000 | +2.0% |
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| The Dow Chemical Company | 522,000,000 | 512,000,000 | +2.0% |
| Cost of Revenue (Q) | — | — | — |
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| Cost of Revenue | 9,154,000,000 | 9,760,000,000 | -6.2% |
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| The Dow Chemical Company | 9,153,000,000 | 9,759,000,000 | -6.2% |
| Payments To Acquire Machinery And Equipment (Q) | — | — | — |
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| Payments To Acquire Machinery And Equipment | -503,000,000 | -685,000,000 | +26.6% |
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| The Dow Chemical Company | -503,000,000 | -685,000,000 | +26.6% |
| Research And Development Expense Excluding Acquired In Process Cost (Q) | — | — | — |
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| Research And Development Expense Excluding Acquired In Process Cost | 181,000,000 | 200,000,000 | -9.5% |
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| The Dow Chemical Company | 181,000,000 | 200,000,000 | -9.5% |
| Selling, General & Administrative (Q) | — | — | — |
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| Selling, General & Administrative | 417,000,000 | 366,000,000 | +13.9% |
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| The Dow Chemical Company | 417,000,000 | 366,000,000 | +13.9% |
| Amortization Of Intangible Assets (Q) | — | — | — |
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| Amortization Of Intangible Assets | 46,000,000 | 76,000,000 | -39.5% |
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| The Dow Chemical Company | 46,000,000 | 76,000,000 | -39.5% |
| Restructuring Settlement And Impairment Provisions (Q) | — | — | — |
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| Restructuring Settlement And Impairment Provisions | 27,000,000 | 208,000,000 | -87.0% |
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| The Dow Chemical Company | 27,000,000 | 208,000,000 | -87.0% |
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| Transform to Outperform | 27,000,000 | — | — |
| Income Loss From Equity Method Investments (Q) | — | — | — |
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| Industrial Intermediates & Infrastructure [Member] · Operating Segments | -31,000,000 | -58,000,000 | +46.6% |
| Packaging & Specialty Plastics [Member] · Operating Segments | 18,000,000 | 39,000,000 | -53.8% |
| Performance Materials & Coatings [Member] · Operating Segments | 1,000,000 | 0 | — |
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| Operating Segment Total | -12,000,000 | -19,000,000 | +36.8% |
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| Income Loss From Equity Method Investments | -303,000,000 | -20,000,000 | -1415.0% |
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| The Dow Chemical Company | -303,000,000 | -20,000,000 | -1415.0% |
| Non-Operating Income (Expense) (Q) | — | — | — |
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| Non-Operating Income (Expense) | 121,000,000 | 13,000,000 | +830.8% |
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| The Dow Chemical Company | 121,000,000 | 13,000,000 | +830.8% |
| Interest Income Other (Q) | — | — | — |
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| Interest Income Other | 42,000,000 | 28,000,000 | +50.0% |
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| The Dow Chemical Company | 43,000,000 | 29,000,000 | +48.3% |
| Interest Expense Debt (Q) | — | — | — |
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| Interest Expense Debt | 219,000,000 | 216,000,000 | +1.4% |
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| The Dow Chemical Company | 219,000,000 | 216,000,000 | +1.4% |
| Income Before Taxes (Q) | — | — | — |
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| Income Before Taxes | -390,000,000 | -374,000,000 | -4.3% |
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| The Dow Chemical Company | -388,000,000 | -372,000,000 | -4.3% |
| Income Tax Expense (Benefit) (Q) | — | — | — |
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| Income Tax Expense (Benefit) | 55,000,000 | -84,000,000 | +165.5% |
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| The Dow Chemical Company | 55,000,000 | -84,000,000 | +165.5% |
| Net Income (Q) | — | — | — |
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| Net Income | -445,000,000 | -290,000,000 | -53.4% |
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| The Dow Chemical Company | -443,000,000 | -288,000,000 | -53.8% |
| Net Income Loss Attributable To Noncontrolling Interest (Q) | — | — | — |
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| Net Income Loss Attributable To Noncontrolling Interest | 88,000,000 | 17,000,000 | +417.6% |
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| The Dow Chemical Company | 88,000,000 | 17,000,000 | +417.6% |
| Net Income (Q) | — | — | — |
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| Retained Earnings | -533,000,000 | -307,000,000 | -73.6% |
| Retained Earnings · The Dow Chemical Company | -531,000,000 | -305,000,000 | -74.1% |
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| Net Income | -533,000,000 | -307,000,000 | -73.6% |
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| The Dow Chemical Company | -531,000,000 | -305,000,000 | -74.1% |
| Income Loss From Continuing Operations Per Basic Share (Q) | — | — | — |
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| Income Loss From Continuing Operations Per Basic Share | -0.74 | -0.44 | -68.2% |
| Income Loss From Continuing Operations Per Diluted Share (Q) | — | — | — |
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| Income Loss From Continuing Operations Per Diluted Share | -0.74 | -0.44 | -68.2% |
| Wtd Avg Shares (Basic) (Q) | — | — | — |
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| Wtd Avg Shares (Basic) | 721,200,000 | 706,900,000 | +2.0% |
| Wtd Avg Shares (Diluted) (Q) | — | — | — |
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| Wtd Avg Shares (Diluted) | 721,200,000 | 706,900,000 | +2.0% |
| Revenue (Q) | — | — | — |
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| Corporate | 169,000,000 | 195,000,000 | -13.3% |
| Industrial Intermediates & Infrastructure [Member] | 2,626,000,000 | 2,855,000,000 | -8.0% |
| Industrial Intermediates & Infrastructure [Member] · Industrial Solutions [Member] | 968,000,000 | 1,054,000,000 | -8.2% |
| Industrial Intermediates & Infrastructure [Member] · Other [Member] | 5,000,000 | 4,000,000 | +25.0% |
| Industrial Intermediates & Infrastructure [Member] · Polyurethanes & CAV [Member] | 1,653,000,000 | 1,797,000,000 | -8.0% |
| Packaging & Specialty Plastics [Member] | 4,919,000,000 | 5,310,000,000 | -7.4% |
| Packaging & Specialty Plastics [Member] · Hydrocarbons & Energy [Member] | 1,306,000,000 | 1,578,000,000 | -17.2% |
| Packaging & Specialty Plastics [Member] · Packaging and Specialty Plastics [Member] | 3,613,000,000 | 3,732,000,000 | -3.2% |
| Performance Materials & Coatings [Member] | 2,080,000,000 | 2,071,000,000 | +0.4% |
| Performance Materials & Coatings [Member] · Coatings and Performance Monomers [Member] | 819,000,000 | 845,000,000 | -3.1% |
| Performance Materials & Coatings [Member] · Consumer Solutions [Member] | 1,261,000,000 | 1,226,000,000 | +2.9% |
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| Asia Pacific | 1,738,000,000 | 1,858,000,000 | -6.5% |
| EMEAI 1 | 3,184,000,000 | 3,274,000,000 | -2.7% |
| Latin America | 1,076,000,000 | 1,072,000,000 | +0.4% |
| U.S. & Canada | 3,796,000,000 | 4,227,000,000 | -10.2% |
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| Revenue | 9,794,000,000 | 10,431,000,000 | -6.1% |
| Other Non-Operating Income (Expense) (Q) | — | — | — |
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| Other Non-Operating Income (Expense) | 26,000,000 | 31,000,000 | -16.1% |
| Comprehensive Income (Q) | — | — | — |
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| Comprehensive Income | -571,000,000 | -153,000,000 | -273.2% |
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| The Dow Chemical Company | -569,000,000 | -151,000,000 | -276.8% |
| EPS (Basic) (Q) | — | — | — |
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| EPS (Basic) | -0.74 | -0.44 | -68.2% |
| EPS (Diluted) (Q) | — | — | — |
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| EPS (Diluted) | -0.74 | -0.44 | -68.2% |
| Net Income Loss Available To Common Stockholders Basic (Q) | — | — | — |
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| Net Income Loss Available To Common Stockholders Basic | -535,000,000 | -310,000,000 | -72.6% |
| Foreign Currency Transaction Gain Loss Before Tax (Q) | — | — | — |
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| Foreign Currency Transaction Gain Loss Before Tax | 44,000,000 | 7,000,000 | +528.6% |
Balance Sheet
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents (Q) | — | — | — |
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| Cash & Cash Equivalents | 4,110,000,000 | 1,465,000,000 | +180.5% |
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| The Dow Chemical Company | 4,110,000,000 | 1,465,000,000 | +180.5% |
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| Variable Interest Entity Primary Beneficiary | 259,000,000 | — | — |
| Variable Interest Entity, Diamond Solutions | 216,000,000 | — | — |
| Variable Interest Entity, Other Primary Beneficiary | 43,000,000 | — | — |
| Accounts Receivable (Q) | — | — | — |
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| Accounts Receivable | 5,185,000,000 | 4,917 | +105450377.9% |
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| The Dow Chemical Company | 5,185,000,000 | 4,917 | +105450377.9% |
| Other Receivables Net Current (Q) | — | — | — |
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| Other Receivables Net Current | 2,224,000,000 | 2,267 | +98103120.1% |
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| The Dow Chemical Company | 2,224,000,000 | 2,270 | +97973468.3% |
| Inventory (Q) | — | — | — |
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| Inventory | 6,775,000,000 | 6,765 | +100147719.7% |
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| The Dow Chemical Company | 6,775,000,000 | 6,765 | +100147719.7% |
| Other Assets Current (Q) | — | — | — |
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| Other Assets Current | 1,175,000,000 | — | — |
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| The Dow Chemical Company | 1,134,000,000 | — | — |
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| Variable Interest Entity, Diamond Solutions | 172,000,000 | — | — |
| Variable Interest Entity, Other Primary Beneficiary | 163,000,000 | — | — |
| Total Current Assets (Q) | — | — | — |
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| Total Current Assets | 19,469,000,000 | — | — |
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| The Dow Chemical Company | 19,428,000,000 | — | — |
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| Variable Interest Entity Primary Beneficiary | 465,000,000 | — | — |
| Non-Current Assets | |||
| Long Term Accounts Notes And Loans Receivable Net Noncurrent (Q) | — | — | — |
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| Long Term Accounts Notes And Loans Receivable Net Noncurrent | 444,000,000 | 418 | +106219995.7% |
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| The Dow Chemical Company | 439,000,000 | 412 | +106553298.1% |
| Property, Plant & Equipment (Q) | — | — | — |
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| Europe, Middle East, Africa and India [Domain] | 2,652,000,000 | — | — |
| Rest of World [Domain] | 4,896,000,000 | — | — |
| US | 14,560,000,000 | — | — |
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| Property, Plant & Equipment | 22,108,000,000 | — | — |
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| The Dow Chemical Company | 22,108,000,000 | — | — |
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| Variable Interest Entity Primary Beneficiary | 2,362,000,000 | — | — |
| Variable Interest Entity, Diamond Solutions | 2,257,000,000 | — | — |
| Variable Interest Entity, Other Primary Beneficiary | 105,000,000 | — | — |
| Goodwill (Q) | — | — | — |
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| Goodwill | 7,947,000,000 | 8,619 | +92203171.8% |
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| The Dow Chemical Company | 7,947,000,000 | 8,619 | +92203171.8% |
| Operating Lease Right-of-Use Assets (Q) | — | — | — |
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| Operating Lease Right-of-Use Assets | 1,426,000,000 | 1,320 | +108030203.0% |
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| The Dow Chemical Company | 1,426,000,000 | 1,320 | +108030203.0% |
| Deferred Tax Assets (Q) | — | — | — |
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| Deferred Tax Assets | 1,525,000,000 | 1,460 | +104451954.8% |
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| The Dow Chemical Company | 1,525,000,000 | 1,460 | +104451954.8% |
| Other Non-Current Assets (Q) | — | — | — |
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| Other Non-Current Assets | 1,289,000,000 | — | — |
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| The Dow Chemical Company | 1,289,000,000 | — | — |
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| Variable Interest Entity, Diamond Solutions | 205,000,000 | — | — |
| Variable Interest Entity, Other Primary Beneficiary | 15,000,000 | — | — |
| Total Assets (Q) | — | — | — |
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| Industrial Intermediates & Infrastructure [Member] · Operating Segments | 10,829,000,000 | — | — |
| Packaging & Specialty Plastics [Member] · Operating Segments | 31,491,000,000 | — | — |
| Performance Materials & Coatings [Member] · Operating Segments | 11,902,000,000 | — | — |
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| Operating Segment Total | 54,222,000,000 | — | — |
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| Total Assets | 59,780,000,000 | — | — |
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| The Dow Chemical Company | 59,734,000,000 | — | — |
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| Variable Interest Entity, Diamond Solutions | 2,850,000,000 | — | — |
| Variable Interest Entity, Other Primary Beneficiary | 326,000,000 | — | — |
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| Corporate Non Segment | 5,558,000,000 | — | — |
| Other Assets | |||
| Equity Method Investments (Q) | — | — | — |
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| Industrial Intermediates & Infrastructure [Member] · Operating Segments | 301,000,000 | — | — |
| Packaging & Specialty Plastics [Member] · Operating Segments | 666,000,000 | — | — |
| Performance Materials & Coatings [Member] · Operating Segments | 134,000,000 | — | — |
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| Operating Segment Total | 1,101,000,000 | — | — |
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| Equity Method Investments | 1,138,000,000 | — | — |
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| The Dow Chemical Company | 1,138,000,000 | — | — |
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| Corporate Non Segment | 37,000,000 | — | — |
| Other Long Term Investments (Q) | — | — | — |
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| Other Long Term Investments | 3,008,000,000 | 2,812 | +106970028.0% |
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| The Dow Chemical Company | 3,008,000,000 | 2,812 | +106970028.0% |
| Long Term Investments And Receivables Net (Q) | — | — | — |
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| Long Term Investments And Receivables Net | 4,590,000,000 | 4,505 | +101886692.5% |
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| The Dow Chemical Company | 4,585,000,000 | 4,499 | +101911435.9% |
| Property Plant And Equipment Gross (Q) | — | — | — |
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| Property Plant And Equipment Gross | 66,017,000,000 | 63,242 | +104387806.8% |
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| The Dow Chemical Company | 66,017,000,000 | 63,242 | +104387806.8% |
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment (Q) | — | — | — |
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| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | 43,909,000,000 | 40,912 | +107325379.1% |
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| The Dow Chemical Company | 43,909,000,000 | 40,912 | +107325379.1% |
| Intangible Assets Net Excluding Goodwill (Q) | — | — | — |
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| Intangible Assets Net Excluding Goodwill | 1,426,000,000 | 1,652 | +86319512.6% |
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| The Dow Chemical Company | 1,426,000,000 | 1,652 | +86319512.6% |
| Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment (Q) | — | — | — |
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| Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment | 13,613,000,000 | — | — |
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| The Dow Chemical Company | 13,613,000,000 | — | — |
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| Variable Interest Entity Primary Beneficiary | 220,000,000 | — | — |
| Current Liabilities | |||
| Long Term Debt And Capital Lease Obligations Current (Q) | — | — | — |
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| Long Term Debt And Capital Lease Obligations Current | 793,000,000 | — | — |
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| The Dow Chemical Company | 793,000,000 | — | — |
| Accounts Payable Trade Current (Q) | — | — | — |
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| Accounts Payable Trade Current | 4,769,000,000 | 4,925 | +96832387.3% |
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| The Dow Chemical Company | 4,769,000,000 | 4,925 | +96832387.3% |
| Accounts Payable Other Current (Q) | — | — | — |
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| Accounts Payable Other Current | 1,392,000,000 | 1,691 | +82318054.9% |
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| The Dow Chemical Company | 1,392,000,000 | 1,708 | +81498729.0% |
| Operating Lease Liability Current (Q) | — | — | — |
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| Operating Lease Liability Current | 348,000,000 | 330 | +105454445.5% |
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| The Dow Chemical Company | 348,000,000 | 330 | +105454445.5% |
| Accrued Income Taxes Current (Q) | — | — | — |
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| Accrued Income Taxes Current | 344,000,000 | 304 | +113157794.7% |
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| The Dow Chemical Company | 344,000,000 | 304 | +113157794.7% |
| Accrued Liabilities (Q) | — | — | — |
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| Accrued Liabilities | 2,802,000,000 | — | — |
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| The Dow Chemical Company | 2,686,000,000 | — | — |
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| Variable Interest Entity, Diamond Solutions | 430,000,000 | — | — |
| Variable Interest Entity, Other Primary Beneficiary | 21,000,000 | — | — |
| Total Current Liabilities (Q) | — | — | — |
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| Total Current Liabilities | 10,536,000,000 | — | — |
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| The Dow Chemical Company | 10,420,000,000 | — | — |
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| Variable Interest Entity Primary Beneficiary | 451,000,000 | — | — |
| Deferred Revenue (Current) (Q) | — | — | — |
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| Deferred Revenue (Current) | 215,000,000 | 207 | +103864634.3% |
| Non-Current Liabilities | |||
| Deferred Tax Liabilities (Q) | — | — | — |
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| Deferred Tax Liabilities | 348,000,000 | 407 | +85503585.5% |
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| The Dow Chemical Company | 348,000,000 | 407 | +85503585.5% |
| Postemployment Benefits Liability Noncurrent (Q) | — | — | — |
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| Postemployment Benefits Liability Noncurrent | 4,542,000,000 | 4,700 | +96638197.9% |
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| The Dow Chemical Company | 4,542,000,000 | 4,700 | +96638197.9% |
| Asbestos Related Liabilities Noncurrent (Q) | — | — | — |
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| Asbestos Related Liabilities Noncurrent | 602,000,000 | 688 | +87499900.0% |
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| The Dow Chemical Company | 602,000,000 | 688 | +87499900.0% |
| Operating Lease Liabilities (Q) | — | — | — |
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| Operating Lease Liabilities | 1,146,000,000 | 1,021 | +112242799.1% |
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| The Dow Chemical Company | 1,146,000,000 | 1,021 | +112242799.1% |
| Other Non-Current Liabilities (Q) | — | — | — |
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| Other Non-Current Liabilities | 8,589,000,000 | — | — |
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| The Dow Chemical Company | 8,457,000,000 | — | — |
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| Variable Interest Entity, Diamond Solutions | 337,000,000 | — | — |
| Variable Interest Entity, Other Primary Beneficiary | 13,000,000 | — | — |
| Liabilities Other Than Longterm Debt Noncurrent (Q) | — | — | — |
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| Liabilities Other Than Longterm Debt Noncurrent | 15,227,000,000 | — | — |
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| The Dow Chemical Company | 15,095,000,000 | — | — |
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| Variable Interest Entity Primary Beneficiary | 350,000,000 | — | — |
| Long-Term Debt (Q) | — | — | — |
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| Fair Value Inputs Level2 | -18,047,000,000 | -16,434 | -109814917.6% |
| Total Liabilities (Q) | — | — | — |
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| Variable Interest Entity, Diamond Solutions | 951,000,000 | — | — |
| Variable Interest Entity, Other Primary Beneficiary | 34,000,000 | — | — |
| Contract With Customer Liability Noncurrent (Q) | — | — | — |
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| Contract With Customer Liability Noncurrent | 1,675,000,000 | 1,459 | +114804560.7% |
| Other Liabilities | |||
| Short Term Bank Loans And Notes Payable (Q) | — | — | — |
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| Short Term Bank Loans And Notes Payable | 88,000,000 | 136 | +64705782.4% |
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| The Dow Chemical Company | 88,000,000 | 136 | +64705782.4% |
| Long Term Debt And Capital Lease Obligations (Q) | — | — | — |
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| Long Term Debt And Capital Lease Obligations | 17,254,000,000 | — | — |
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| The Dow Chemical Company | 17,254,000,000 | — | — |
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| Variable Interest Entity Primary Beneficiary | 184,000,000 | — | — |
| Variable Interest Entity, Diamond Solutions | 184,000,000 | — | — |
| Stockholders' Equity | |||
| Common Stock (Q) | — | — | — |
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| Common Stock | 8,000,000 | 8 | +99999900.0% |
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| The Dow Chemical Company | 0 | — | — |
| Additional Paid In Capital Common Stock (Q) | — | — | — |
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| Additional Paid In Capital Common Stock | 11,062,000,000 | 9,195 | +120304413.3% |
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| The Dow Chemical Company | 12,025,000,000 | 9,713 | +123803050.4% |
| Retained Earnings (Q) | — | — | — |
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| Retained Earnings | 15,992,000,000 | 20,101 | +79558130.9% |
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| The Dow Chemical Company | 11,124,000,000 | 15,193 | +73217829.3% |
| Accumulated Other Comprehensive Income (Q) | — | — | — |
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| Accumulated Other Comprehensive Income | -7,698,000,000 | -7,956 | -96757064.4% |
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| The Dow Chemical Company | -7,698,000,000 | -7,956 | -96757064.4% |
| Total Stockholders' Equity (Q) | — | — | — |
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| Total Stockholders' Equity | 15,249,000,000 | 16,788,000,000 | -9.2% |
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| The Dow Chemical Company | 15,451,000,000 | 16,950,000,000 | -8.8% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest (Q) | — | — | — |
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| Accumulated Defined Benefit Plans Adjustment | -5,493,000,000 | -5,700,000,000 | +3.6% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent | -84,000,000 | -104,000,000 | +19.2% |
| Accumulated Net Unrealized Investment Gain Loss | -162,000,000 | -211,000,000 | +23.2% |
| Accumulated Other Comprehensive Income | -7,698,000,000 | -7,956,000,000 | +3.2% |
| Accumulated Other Comprehensive Income · The Dow Chemical Company | -7,698,000,000 | -7,956,000,000 | +3.2% |
| Accumulated Translation Adjustment | -1,959,000,000 | -1,941,000,000 | -0.9% |
| Additional Paid In Capital | 11,062,000,000 | 9,195,000,000 | +20.3% |
| Additional Paid In Capital · The Dow Chemical Company | 12,025,000,000 | 9,713,000,000 | +23.8% |
| Common Stock | 8,000,000 | 8 | +99999900.0% |
| Common Stock · The Dow Chemical Company | 0 | 0 | — |
| Noncontrolling Interest | 1,514,000,000 | 507,000,000 | +198.6% |
| Noncontrolling Interest · The Dow Chemical Company | 1,514,000,000 | 507,000,000 | +198.6% |
| Retained Earnings | 15,992,000,000 | 20,101,000,000 | -20.4% |
| Retained Earnings · The Dow Chemical Company | 11,124,000,000 | 15,193,000,000 | -26.8% |
| Treasury Stock Common | -4,115,000,000 | -4,560,000,000 | +9.8% |
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| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 16,763,000,000 | 17,295,000,000 | -3.1% |
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| The Dow Chemical Company | 16,965,000,000 | 17,457,000,000 | -2.8% |
| Total Liabilities & Equity (Q) | — | — | — |
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| Total Liabilities & Equity | 59,780,000,000 | 57,499 | +103966925.5% |
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| The Dow Chemical Company | 59,734,000,000 | 57,440 | +103993632.6% |
| Treasury Stock Value (Q) | — | — | — |
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| Treasury Stock Value | -4,115,000,000 | -4,560 | -90241128.1% |
| Minority Interest (Q) | — | — | — |
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| Minority Interest | 1,514,000,000 | 507,000,000 | +198.6% |
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| The Dow Chemical Company | 1,514,000,000 | 507 | +298619229.4% |
Cash Flow Statement
| Metric | YTD Q1 2026 | YTD Q1 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization (Q) | — | — | — |
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| Industrial Intermediates & Infrastructure [Member] · Operating Segments | 148,000,000 | 146,000,000 | +1.4% |
| Packaging & Specialty Plastics [Member] · Operating Segments | 382,000,000 | 360,000,000 | +6.1% |
| Performance Materials & Coatings [Member] · Operating Segments | 181,000,000 | 200,000,000 | -9.5% |
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| Operating Segment Total | 711,000,000 | 706,000,000 | +0.7% |
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| Depreciation & Amortization | 719,000,000 | 714,000,000 | +0.7% |
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| The Dow Chemical Company | 719,000,000 | 714,000,000 | +0.7% |
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| Corporate Non Segment | 8,000,000 | 8,000,000 | 0.0% |
| Deferred Income Taxes (Q) | — | — | — |
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| Deferred Income Taxes | -48,000,000 | -177,000,000 | +72.9% |
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| The Dow Chemical Company | -48,000,000 | -177,000,000 | +72.9% |
| Other Non-Cash Items (Q) | — | — | — |
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| Other Non-Cash Items | -14,000,000 | 185,000,000 | -107.6% |
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| The Dow Chemical Company | -13,000,000 | 185,000,000 | -107.0% |
| Change in Inventory (Q) | — | — | — |
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| Change in Inventory | -180,000,000 | -221,000,000 | +18.6% |
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| The Dow Chemical Company | -180,000,000 | -221,000,000 | +18.6% |
| Change in Accounts Payable (Q) | — | — | — |
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| Change in Accounts Payable | 551,000,000 | 38,000,000 | +1350.0% |
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| The Dow Chemical Company | 551,000,000 | 38,000,000 | +1350.0% |
| Net Cash from Operations (Q) | — | — | — |
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| Net Cash from Operations | 1,124,000,000 | 91,000,000 | +1135.2% |
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| The Dow Chemical Company | 1,129,000,000 | 112,000,000 | +908.0% |
| Investing Activities | |||
| Other Investing Activities (Q) | — | — | — |
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| Other Investing Activities | 41,000,000 | 2,000,000 | +1950.0% |
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| The Dow Chemical Company | 41,000,000 | 2,000,000 | +1950.0% |
| Net Cash from Investing (Q) | — | — | — |
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| Net Cash from Investing | -448,000,000 | -401,000,000 | -11.7% |
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| The Dow Chemical Company | -448,000,000 | -401,000,000 | -11.7% |
| Financing Activities | |||
| Tax Withholding for Share Compensation (Q) | — | — | — |
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| Tax Withholding for Share Compensation | -14,000,000 | -16,000,000 | +12.5% |
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| The Dow Chemical Company | -14,000,000 | -16,000,000 | +12.5% |
| Net Cash from Financing (Q) | — | — | — |
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| Net Cash from Financing | -320,000,000 | -521,000,000 | +38.6% |
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| The Dow Chemical Company | -325,000,000 | -542,000,000 | +40.0% |
| Other Cash Flow | |||
| Income Loss From Equity Method Investments Net Of Dividends Or Distributions (Q) | — | — | — |
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| Income Loss From Equity Method Investments Net Of Dividends Or Distributions | 502,000,000 | 133,000,000 | +277.4% |
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| The Dow Chemical Company | 502,000,000 | 133,000,000 | +277.4% |
| Pension And Other Postretirement Benefit Expense (Q) | — | — | — |
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| Pension And Other Postretirement Benefit Expense | -8,000,000 | -26,000,000 | +69.2% |
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| The Dow Chemical Company | -8,000,000 | -26,000,000 | +69.2% |
| Pension And Other Postretirement Benefit Contributions (Q) | — | — | — |
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| Pension And Other Postretirement Benefit Contributions | -41,000,000 | -31,000,000 | -32.3% |
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| The Dow Chemical Company | -41,000,000 | -31,000,000 | -32.3% |
| Gain Loss On Disposition Of Assets1 (Q) | — | — | — |
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| Gain Loss On Disposition Of Assets1 | -4,000,000 | -2,000,000 | -100.0% |
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| The Dow Chemical Company | -4,000,000 | -2,000,000 | -100.0% |
| Restructuring Costs And Asset Impairment Charges (Q) | — | — | — |
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| Restructuring Costs And Asset Impairment Charges | 27,000,000 | 208,000,000 | -87.0% |
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| The Dow Chemical Company | 27,000,000 | 208,000,000 | -87.0% |
| Increase Decrease In Accounts And Notes Receivable (Q) | — | — | — |
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| Increase Decrease In Accounts And Notes Receivable | -531,000,000 | -301,000,000 | -76.4% |
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| The Dow Chemical Company | -531,000,000 | -301,000,000 | -76.4% |
| Increase Decrease In Other Operating Capital Net (Q) | — | — | — |
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| Increase Decrease In Other Operating Capital Net | 596,000,000 | -126,000,000 | +573.0% |
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| The Dow Chemical Company | 598,000,000 | -120,000,000 | +598.3% |
| Proceeds From Incentives Related To Capital Expenditures (Q) | — | — | — |
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| Proceeds From Incentives Related To Capital Expenditures | 40,000,000 | 0 | — |
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| The Dow Chemical Company | 40,000,000 | 0 | — |
| Cash Flow Hedging Related To Capital Expenditures (Q) | — | — | — |
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| Cash Flow Hedging Related To Capital Expenditures | 3,000,000 | 0 | — |
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| The Dow Chemical Company | 3,000,000 | 0 | — |
| Payments To Explore And Develop Oil And Gas Properties (Q) | — | — | — |
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| Payments To Explore And Develop Oil And Gas Properties | -21,000,000 | -30,000,000 | +30.0% |
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| The Dow Chemical Company | -21,000,000 | -30,000,000 | +30.0% |
| Proceeds From Sales Of Business Affiliate And Productive Assets (Q) | — | — | — |
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| Proceeds From Sales Of Business Affiliate And Productive Assets | 4,000,000 | 3,000,000 | +33.3% |
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| The Dow Chemical Company | 4,000,000 | 3,000,000 | +33.3% |
| Investments In And Loans To Nonconsolidated Affiliates (Q) | — | — | — |
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| Investments In And Loans To Nonconsolidated Affiliates | 0 | -3,000,000 | +100.0% |
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| The Dow Chemical Company | 0 | -3,000,000 | +100.0% |
| Payments To Acquire Investments (Q) | — | — | — |
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| Payments To Acquire Investments | -331,000,000 | -104,000,000 | -218.3% |
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| The Dow Chemical Company | -331,000,000 | -104,000,000 | -218.3% |
| Proceeds From Sale And Maturity Of Other Investments (Q) | — | — | — |
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| Proceeds From Sale And Maturity Of Other Investments | 319,000,000 | 416,000,000 | -23.3% |
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| The Dow Chemical Company | 319,000,000 | 416,000,000 | -23.3% |
| Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less (Q) | — | — | — |
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| Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less | 0 | -1,000,000 | +100.0% |
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| The Dow Chemical Company | 0 | -1,000,000 | +100.0% |
| Proceeds From Short Term Debt Maturing In More Than Three Months (Q) | — | — | — |
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| Proceeds From Short Term Debt Maturing In More Than Three Months | 4,000,000 | 11,000,000 | -63.6% |
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| The Dow Chemical Company | 4,000,000 | 11,000,000 | -63.6% |
| Repayments Of Short Term Debt Maturing In More Than Three Months (Q) | — | — | — |
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| Repayments Of Short Term Debt Maturing In More Than Three Months | -4,000,000 | -6,000,000 | +33.3% |
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| The Dow Chemical Company | -4,000,000 | -6,000,000 | +33.3% |
| Proceeds From Issuance Of Long Term Debt And Capital Securities Net (Q) | — | — | — |
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| Proceeds From Issuance Of Long Term Debt And Capital Securities Net | 52,000,000 | 1,013,000,000 | -94.9% |
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| The Dow Chemical Company | 52,000,000 | 1,013,000,000 | -94.9% |
| Repayments Of Long Term Debt And Capital Securities (Q) | — | — | — |
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| Repayments Of Long Term Debt And Capital Securities | -46,000,000 | -957,000,000 | +95.2% |
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| The Dow Chemical Company | -46,000,000 | -957,000,000 | +95.2% |
| Proceeds From Repayments Of Accounts Receivable Securitization (Q) | — | — | — |
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| Proceeds From Repayments Of Accounts Receivable Securitization | 0 | 15,000,000 | -100.0% |
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| The Dow Chemical Company | 0 | 15,000,000 | -100.0% |
| Payments Of Financing Costs (Q) | — | — | — |
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| Payments Of Financing Costs | -1,000,000 | -64,000,000 | +98.4% |
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| The Dow Chemical Company | -1,000,000 | -64,000,000 | +98.4% |
| Payments Of Dividends Minority Interest (Q) | — | — | — |
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| Payments Of Dividends Minority Interest | -59,000,000 | -22,000,000 | -168.2% |
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| The Dow Chemical Company | -59,000,000 | -22,000,000 | -168.2% |
| Payments Of Dividends Common Stock (Q) | — | — | — |
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| Payments Of Dividends Common Stock | -252,000,000 | -494,000,000 | +49.0% |
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| The Dow Chemical Company | -257,000,000 | -515,000,000 | +50.1% |
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) | — | — | — |
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| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | -73,000,000 | 123,000,000 | -159.3% |
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| The Dow Chemical Company | -73,000,000 | 123,000,000 | -159.3% |
| Net Change in Cash (Q) | — | — | — |
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| Net Change in Cash | 283,000,000 | -708,000,000 | +140.0% |
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| The Dow Chemical Company | 283,000,000 | -708,000,000 | +140.0% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) | — | — | — |
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| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 4,235,000,000 | 1,555,000,000 | +172.3% |
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| The Dow Chemical Company | 4,235,000,000 | 1,555,000,000 | +172.3% |
| Restricted Cash And Cash Equivalents (Q) | — | — | — |
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| Restricted Cash And Cash Equivalents | 125,000,000 | 90,000,000 | +38.9% |
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| The Dow Chemical Company | 125,000,000 | 90,000,000 | +38.9% |
| Net Cash Provided By Used In Operating Activities Continuing Operations (Q) | — | — | — |
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| Net Cash Provided By Used In Operating Activities Continuing Operations | 1,124,000,000 | 104,000,000 | +980.8% |
| Cash Provided By Used In Operating Activities Discontinued Operations (Q) | — | — | — |
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| Cash Provided By Used In Operating Activities Discontinued Operations | 0 | -13,000,000 | +100.0% |
Values in unknown USD. Source: SEC EDGAR 10-Q filing.