Dow (DOW) 10-K Summary — Year Ended Dec 31, 2025
The filing describes the company's business and reports a net loss for the period with declining revenue. Operating cash flow remained positive.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
The filing describes the company's business and reports a net loss for the period with declining revenue. Operating cash flow remained positive.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$40B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
-$2.4B
Net income reported for the year.
Operating cash flow
$1B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $56.9B | +3.5% |
| Dec 31, 2023 | $44.6B | -21.6% |
| Dec 31, 2024 | $43B | -3.7% |
| Dec 31, 2025 | $40B | -7.0% |
Business overview
The company's business overview is provided in Item 1 of the filing.
Financial performance
Revenue decreased compared to the prior year, leading to a net loss. Operating cash flow was positive, and the revenue trend shows a decline over recent years.
Material risks
The Risk Factors section outlines potential challenges including market conditions and operational risks.
Liquidity and capital
The Liquidity and Capital Resources section indicates that positive operating cash flow supported the company's cash needs.
What to watch
Readers should monitor whether the company's revenue continues to decline in the next filing.