What is Dow's pre-tax income?

Dow (DOW) reported pre-tax income of -$390M in Q1 2026.

How has Dow's pre-tax income changed year-over-year?

Dow's pre-tax income decreased by 4.3% year-over-year, from -$374M to -$390M.

What is the long-term trend for Dow's pre-tax income?

Over 3 years (2021 to 2025), Dow's pre-tax income has grown at a -32.4% compound annual growth rate (CAGR), from $8.15B to -$2.51B.

What does pre-tax income mean?

Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

Dow DOW Pre-Tax Income

Pre-Tax Income at other companies

StepanSCL

-$54.49M-321%

Eastman ChemicalEMN

$136M-46.2%

WestlakeWLK

-$190M-459%

Celanese CorporationCE

$82M+1,467%

LyondellBasell Industries N.V.LYB

$137M+132%

Westlake Chemical PartnersWLKP

$81.83M+92.9%

Other financials

Income statement

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Revenue$9.8B-6.1%

Gross profit$640.0M-4.6%

Net income-$533.0M-73.6%

EPS (diluted)-$0.93-336%

Balance sheet

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Cash & equivalents$4.2B+172%

Total debt$18.8B+1,167%

Total equity$15.2B-9.2%

Total assets$59.8B+4.0%

Cash flow

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Operating cash flow$1.1B+1,135%

CapEx$503.0M-26.6%

Free cash flow$621.0M+205%

Valuation

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Market cap$19.72B+4.1%

Enterprise value$34.32B+0.6%

P/S0.5×0.0×

Profitability

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Gross margin6.4%-3.0pp

Net margin-6.8%-7.7pp

FCF margin5.7%-2.6pp

Returns & leverage

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Return on equity-16.7%-18.8pp

Debt / equity1.2×+1.1×

Current ratio1.8×+0.3×

Where this comes from

Reported directly by Dow in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: Dow’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dow's pre-tax income?: Dow (DOW) reported pre-tax income of -$390M in Q1 2026.
How has Dow's pre-tax income changed year-over-year?: Dow's pre-tax income decreased by 4.3% year-over-year, from -$374M to -$390M.
What is the long-term trend for Dow's pre-tax income?: Over 3 years (2021 to 2025), Dow's pre-tax income has grown at a -32.4% compound annual growth rate (CAGR), from $8.15B to -$2.51B.
What does pre-tax income mean?: Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.