Dow Inc. (DOW) Revenue History
Annual and quarterly revenue from 2017 to present
DOW Revenue Over Time (2017–2025)
DOW Revenue Growth History
3 of 8 years with positive growth- FY2017 revenue growth
- N/A
- FY2018 revenue growth
- +37.8%
- FY2019 revenue growth
- -28.7%
- FY2020 revenue growth
- -10.3%
- FY2021 revenue growth
- +42.6%
- FY2022 revenue growth
- +3.5%
- FY2023 revenue growth
- -21.6%
- FY2024 revenue growth
- -3.7%
- FY2025 revenue growth
- -7.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $9.79B | -6.1% |
| Q4 2025 | $9.46B | -9.1% |
| Q3 2025 | $9.97B | -8.3% |
| Q2 2025 | $10.10B | -7.4% |
| Q1 2025 | $10.43B | -3.1% |
| Q4 2024 | $10.40B | -2.0% |
| Q3 2024 | $10.88B | +1.4% |
| Q2 2024 | $10.91B | -4.4% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
DOW's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
DOW Revenue Analysis (2017–2025)
Current Revenue & Growth
As of June 21, 2026, Dow Inc. (DOW) generated trailing twelve-month (TTM) revenue of $39.33 billion, reflecting moderate decline in growth of -6.1% year-over-year. The most recent quarter (Q1 2026) recorded $9.79 billion in revenue, up 3.5% sequentially.
Historical Growth Trajectory
DOW's 5-year compound annual growth rate (CAGR) stands at +0.7%, indicating moderate growth over time. The 3-year CAGR of -11.1% is below the 5-year average, signalling a growth deceleration in recent years. Dow Inc.'s highest annual revenue of $60.28 billion was recorded in 2018.
Revenue by Segment
DOW's revenue is primarily driven by Packaging & Specialty Plastics (51%), Industrial Intermediates & Infrastructure (28%), and Performance Materials & Coatings (21%). With over half of revenue concentrated in Packaging & Specialty Plastics, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Basic Materials sector peers — including LYB (-34.8% YoY), HUN (-4.7% YoY), and WLK (-8.6% YoY) — DOW has outperformed the peer group in revenue growth. Compare DOW vs LYB →
DOW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DOWCurrent | $39.3B | -6.1% | +0.7% | 0.7% | |
 LYB | $30.2B | -34.8% | +1.7% | -1.1% | |
 HUN | $5.7B | -4.7% | -1.1% | -0.7% | |
 WLK | $11.2B | -8.6% | +8.3% | -14.1% | |
 OLN | $6.8B | +2.6% | +3.3% | 1.7% | |
 TROX | $2.9B | -3.9% | +1.0% | -0.7% |
DOW Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $39.97B | -7.0% | $2.40B | 6.0% | $260.0M | 0.7% |
| 2024 | $42.96B | -3.7% | $4.46B | 10.4% | $2.06B | 4.8% |
| 2023 | $44.62B | -21.6% | $4.97B | 11.1% | $2.52B | 5.6% |
| 2022 | $56.90B | +3.5% | $7.86B | 13.8% | $5.33B | 9.4% |
| 2021 | $54.97B | +42.6% | $10.39B | 18.9% | $7.89B | 14.3% |
| 2020 | $38.54B | -10.3% | $4.81B | 12.5% | $2.57B | 6.7% |
| 2019 | $42.95B | -28.7% | $5.96B | 13.9% | $3.60B | 8.4% |
| 2018 | $60.28B | +37.8% | $8.16B | 13.5% | $5.58B | 9.3% |
| 2017 | $43.73B | - | $11.27B | 25.8% | $6.70B | 15.3% |
Full Stock Analysis
Deep dive into DOW consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
9+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
DOW — Frequently Asked Questions
Quick answers to the most common questions about buying DOW stock.
Is DOW's revenue growth accelerating or slowing?
DOW revenue is declining -6.1% year-over-year. TTM revenue fell to $39.3B, contrasting with the 5-year CAGR of +0.7%. The reversal reflects either macro headwinds or company-specific challenges.
What is DOW's revenue history from 2017 to 2026?
Dow Inc. (DOW) revenue history spans 2017 to 2026. TTM revenue as of 2026 is $39.3B, growing at -6.1% YoY. The 5-year CAGR is +0.7%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is DOW's long-term revenue growth rate (CAGR)?
Dow Inc.'s 5-year revenue CAGR of +0.7% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -6.1% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for DOW.
Why does DOW's quarterly revenue fluctuate?
DOW quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Dow Inc.'s revenue data from 2017 to 2026 shows full historical quarterly detail on this page.
How is DOW's revenue distributed by segment?
DOW reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does DOW's revenue compare to industry peers?
Dow Inc. (DOW) with TTM revenue of $39.3B and -6.1% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.