Dow said net sales for Q2 2025 were $10.1 billion, down 7% from $10.9 billion in Q2 2024. Local price declined 7%, volume decreased 1%, and currency had a favorable impact of 1%.

10-QQuarterly reportFiled Jul 25, 2025Period of report Jun 30, 2025Summary published (UTC) Oct 11, 2026

Key points

AI summary

Dow said net sales for Q2 2025 were $10.1 billion, down 7% from $10.9 billion in Q2 2024. Local price declined 7%, volume decreased 1%, and currency had a favorable impact of 1%.
Dow Inc. reported net loss attributable to common stockholders of $835 million, or $1.18 per share, in Q2 2025, compared with net income of $439 million in Q2 2024. Restructuring and asset related charges - net were $591 million in the same quarter.
The company said cash provided by (used for) operating activities - continuing operations was a use of $470 million in Q2 2025, compared with a source of $832 million in Q2 2024. It added that cash provided by (used for) operating activities - continuing operations was down $574 million compared with Q1 2025.
Dow said it reduced its expected 2025 enterprise-wide capital expenditures to $2.5 billion from its original plan of $3.5 billion following the decision to delay construction of its Path2Zero project. On July 24, 2025, the company's Board declared a quarterly dividend of $0.35 per share, adjusting the dividend by 50% in response to the prolonged industry downturn.

Key figures

Quarter ended June 30, 2025

Revenue: $10.1B
Net income: −$835M
EPS: −$1.18

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q2 2025 Net Sales $10.1 billion, Down 7%

Dow said net sales for Q2 2025 were $10.1 billion, down 7% from $10.9 billion in Q2 2024. Local price declined 7%, volume decreased 1%, and currency had a favorable impact of 1%.

Source · Based on the MD&A text of the filing

Q2 Net Loss $835 million, Restructuring Charges $591 million

Dow Inc. reported net loss attributable to common stockholders of $835 million, or $1.18 per share, in Q2 2025, compared with net income of $439 million in Q2 2024. Restructuring and asset related charges - net were $591 million in the same quarter.

Source · Based on the MD&A text of the filing

Q2 Operating Cash Flow Use of $470 million

The company said cash provided by (used for) operating activities - continuing operations was a use of $470 million in Q2 2025, compared with a source of $832 million in Q2 2024. It added that cash provided by (used for) operating activities - continuing operations was down $574 million compared with Q1 2025.

Source · Based on the MD&A text of the filing

Annual Capital Expenditures Approximately $2.5 billion, Quarterly Dividend $0.35

Dow said it reduced its expected 2025 enterprise-wide capital expenditures to $2.5 billion from its original plan of $3.5 billion following the decision to delay construction of its Path2Zero project. On July 24, 2025, the company's Board declared a quarterly dividend of $0.35 per share, adjusting the dividend by 50% in response to the prolonged industry downturn.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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