Dow posts $801 million Q2 net loss as net sales fall 7% to $10.1 billion
Dow reported a second-quarter 2025 GAAP net loss of $801 million, or $1.18 per share, compared with net income of $458 million a year earlier. Operating EBIT was a loss of $21 million, down $840 million year over year, and operating EPS was a loss of $0.42 versus earnings of $0.68 in the year-ago period. The CEO said Dow is adjusting its dividend to maintain a balanced capital allocation framework, but the filing does not state the new dividend amount.
Key points
- Net sales were $10.1 billion, down 7% year over year, with local price down 7% and volume down 1%.
- GAAP loss per share was $1.18, including significant items of $0.76 per share, mainly restructuring severance and asset-related charges.
- Cash provided by operating activities from continuing operations was negative $470 million, compared with positive $832 million in the year-ago quarter.
- Dow paid $496 million in dividends in the quarter and said it is adjusting its dividend, without giving a new amount.
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.