Every material Form 8-K Dow filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Dow Inc. reported third-quarter 2025 results on October 23, 2025. Net sales fell 8% year-over-year to $10.0 billion, and operating EPS was a loss of $0.19, compared with earnings of $0.47 a year earlier, although GAAP EPS was $0.08. Operating EBIT rose $201 million from the prior quarter but was down $461 million from a year earlier, which shareholders should weigh against the company's cost reduction progress.
Net sales were $10.0 billion, down 8% year-over-year, with local price down 8%.
Operating EBIT was $180 million, down $461 million year-over-year; GAAP net income was $124 million.
Operating EPS was a loss of $0.19 versus $0.47 a year earlier; GAAP EPS was $0.08 versus $0.30.
Cash provided by operating activities from continuing operations was $1.1 billion, and dividends paid were $249 million in the quarter.
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.
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.
Dow's Board approved restructuring actions on June 30, 2025, including shutting three upstream European assets and certain corporate assets. The company expects charges of $630 million to $790 million in the second quarter of 2025, plus cash payments of about $300 million to $430 million for severance and exit costs over four years.
Charges: $330 million to $360 million in asset write-downs and write-offs; $160 million to $260 million in exit and disposal costs; $140 million to $170 million in severance
Operating EBITDA uplift of about $200 million targeted, reaching 50% by end-2027 and full delivery by 2029
About 800 Dow roles will be affected, in addition to the roles covered by the $1 billion cost savings actions announced in January
Dow reported first-quarter 2025 net sales of $10.4 billion, down 3% year-over-year, and a GAAP net loss of $290 million, or $0.44 per share. Operating earnings per share were $0.02, compared with $0.56 a year earlier. The company also announced cost cuts, a delayed Canadian project, a broader European asset review, and about $6 billion in planned cash support, which shareholders should weigh against the weaker results.
Net sales were $10.4 billion, down 3% year-over-year, while volume rose 2% and local price fell 3%.
GAAP net loss was $290 million ($0.44 per share), compared with net income of $538 million a year earlier.
Operating EPS was $0.02 versus $0.56 a year earlier; Op. EBIT was $230 million, down $444 million.
A first tranche of $2.4 billion from a minority stake sale to Macquarie Asset Management is anticipated at closing on May 1.
Dow approved targeted cost actions, including a global workforce reduction of about 1,500 roles, to offset ongoing macroeconomic weakness. The company expects $250 million to $325 million in severance and related charges in the first quarter of 2025, plus $20 million to $30 million in implementation costs, with most of the $1 billion in targeted savings achieved on an annual run-rate basis.
Workforce reduction of approximately 1,500 roles globally, approved by the Board on January 27, 2025
Severance and related charges of $250 million to $325 million to be recorded in Q1 2025, with cash payments mostly over the next two years
Implementation costs of $20 million to $30 million, expensed as incurred
Targets $500 million to $700 million reduction in direct costs, mainly purchased services and third-party contract labor
Dow Inc. reported fourth-quarter 2024 net sales of $10.4 billion, down 2% from a year earlier, and a GAAP net loss of $35 million, or $0.08 per share. Operating earnings per share were $0.00, compared with $0.43 a year earlier, and operating EBIT fell $105 million to $454 million. The company also said it will cut costs by $1 billion and reduce 2025 capital spending by $300 million to $500 million.
Net sales were $10.4 billion, down 2% year-over-year; volume rose 1% while local price fell 3%.
GAAP net loss was $35 million ($0.08 per share), narrower than the $95 million loss a year earlier; significant items totaling $0.08 were mainly restructuring and efficiency costs.
Full-year 2024 GAAP net income was $1.2 billion, up from $660 million in 2023, while operating EBIT was $2.6 billion, down from $2.8 billion.
Dow plans $1 billion of targeted cost reductions and 2025 capital spending cuts of $300 million to $500 million.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Dow filing is on SEC EDGAR ↗. 8-K briefs of other companies →