Income StatementBalance SheetCash FlowSegments
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Dow Business Segments

Business, geographic, and product segment breakdowns

Dow generates $39.3B in annual revenue across 4 key segments: Corporate Segment ($675.0M), Industrial Intermediates & Infrastructure ($10.9B), Packaging & Specialty Plastics ($19.6B), and Performance Materials & Coatings ($8.1B). Based on the Q1 2026 filing.

Corporate Segment (TTM)$675.0MIndustrial Intermediates & Infrastructure (TTM)$10.9BPackaging & Specialty Plastics (TTM)$19.6BPerformance Materials & Coatings (TTM)$8.1B
Latest FilingQ1 2026
Report Date2026-04-24
Market Cap$27.8B
ROE-16.67%

Geographic

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
EMEAI 1$3.3B$3.3B$3.3B$3.1B$3.0B$3.2B
Asia Pacific$2.0B$1.9B$1.7B$1.8B$1.8B$1.7B
Latin America$1.1B$1.1B$1.1B$1.1B$1.0B$1.1B

Business Segments

CapEx

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate Segment$0.0—————

D&A

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics$385.0M$360.0M$369.0M$349.0M$361.0M$382.0M
Performance Materials & Coatings$198.0M$200.0M$192.0M$174.0M$174.0M$181.0M
Industrial Intermediates & Infrastructure$156.0M$146.0M$153.0M$158.0M$165.0M$148.0M
Corporate Segment$9.0M—————

Investment in nonconsolidated affiliates

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics$711.0M$740.0M$686.0M$675.0M$677.0M$666.0M
Industrial Intermediates & Infrastructure$367.0M$348.0M$386.0M$401.0M$413.0M$301.0M
Performance Materials & Coatings$146.0M$142.0M$145.0M$143.0M$137.0M$134.0M
Corporate Segment$42.0M—————

Restructuring Incurred Cost Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate Segment$70.3M—————
Industrial Intermediates & Infrastructure$2.0M—————
Packaging & Specialty Plastics$9.3M—————
Performance Materials & Coatings-$2.8M—————

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics$5.3B$5.3B$5.0B$4.9B$4.7B$4.9B
Industrial Intermediates & Infrastructure$2.9B$2.9B$2.8B$2.8B$2.7B$2.6B
Performance Materials & Coatings$2.0B$2.1B$2.1B$2.1B$1.9B$2.1B
Corporate Segment$177.0M$195.0M$164.0M$166.0M$176.0M$169.0M

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics$29.0B$29.0B$29.8B$31.0B$30.3B$31.5B
Performance Materials & Coatings$11.2B$11.4B$11.6B$11.9B$11.4B$11.9B
Industrial Intermediates & Infrastructure$11.9B$11.8B$12.3B$12.7B$11.3B$10.8B
Corporate Segment$5.2B—————

Equity in losses of nonconsolidated affiliates

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Industrial Intermediates & Infrastructure-$39.0M-$58.0M-$39.0M-$68.0M-$117.0M-$31.0M
Packaging & Specialty Plastics—$39.0M$7.0M-$6.0M—$18.0M
Performance Materials & Coatings$2.0M$0.0$1.0M$1.0M$3.0M$1.0M

Gain (Loss) Related to Litigation Settlement

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics—$0.0$0.0$0.0$0.0$26.0M
Industrial Intermediates & Infrastructure—$0.0$0.0$0.0$0.0$0.0
Performance Materials & Coatings—$0.0$0.0$0.0$0.0$0.0

Net Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics$5.3B$5.3B$5.0B$4.9B$4.7B$4.9B
Industrial Intermediates & Infrastructure$2.9B$2.9B$2.8B$2.8B$2.7B$2.6B
Performance Materials & Coatings$2.0B$2.1B$2.1B$2.1B$1.9B$2.1B

Operating Cost of Goods and Services Sold

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics$4.7B$4.8B$4.7B$4.5B$4.3B$4.5B
Industrial Intermediates & Infrastructure$2.7B$2.8B$2.8B$2.7B$2.7B$2.6B
Performance Materials & Coatings$1.8B$1.8B$1.8B$1.9B$1.7B$1.8B

Operating EBIT

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics$447.0M$342.0M$71.0M$199.0M$215.0M$208.0M
Industrial Intermediates & Infrastructure$84.0M-$128.0M-$185.0M-$47.0M-$201.0M-$118.0M
Performance Materials & Coatings$0.0$49.0M$152.0M$80.0M$25.0M$117.0M

Other Nonrecurring (Income) Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Industrial Intermediates & Infrastructure$0.0-$1.0M$14.0M-$6.0M-$922.0M-$211.0M
Packaging & Specialty Plastics$0.0$0.0-$158.0M-$3.0M-$75.0M-$56.0M
Performance Materials & Coatings$18.0M$0.0-$147.0M-$3.0M$0.0$0.0

Payments to Acquire Productive Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics$515.0M$515.0M$510.0M$433.0M$453.0M$418.0M
Performance Materials & Coatings$74.0M$41.0M$50.0M$59.0M$67.0M$45.0M
Industrial Intermediates & Infrastructure$178.0M$129.0M$102.0M$72.0M$48.0M$40.0M

Restructuring Charges

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics—$0.0$158.0M$3.0M—$1.0M
Industrial Intermediates & Infrastructure—$1.0M$89.0M$6.0M—$0.0
Performance Materials & Coatings—$0.0$147.0M$3.0M—$0.0

Sadara guarantee liability adjustment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Industrial Intermediates & Infrastructure—————-$211.0M
Packaging & Specialty Plastics—————-$81.0M
Performance Materials & Coatings—————$0.0

SARD

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics$209.0M$240.0M$221.0M$222.0M$207.0M$212.0M
Performance Materials & Coatings$167.0M$151.0M$147.0M$158.0M$152.0M$164.0M
Industrial Intermediates & Infrastructure$121.0M$127.0M$116.0M$122.0M$118.0M$129.0M

Segment Reporting, Other Segment Item, Amount

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Industrial Intermediates & Infrastructure$39.0M$24.0M$16.0M$23.0M$27.0M$25.0M
Packaging & Specialty Plastics$8.0M-$2.0M-$12.0M$10.0M$10.0M$19.0M
Performance Materials & Coatings-$20.0M-$26.0M-$17.0M$6.0M-$4.0M-$7.0M

Transform to Outperform

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Industrial Intermediates & Infrastructure—————$0.0
Packaging & Specialty Plastics—————$0.0
Performance Materials & Coatings—————$0.0

Proceeds from Divestiture of Businesses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Packaging & Specialty Plastics$28.8M—————