Dow (DOW) Revenue — Quarter Ended Mar 31, 2023
Revenue for the current quarter decreased compared to the same quarter a year earlier. The reported direction reflects a decline from the prior year period.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the current quarter decreased compared to the same quarter a year earlier. The reported direction reflects a decline from the prior year period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$11.9B
Revenue reported for this quarter.
Quarter-over-quarter
-0.1%
Change from the immediately preceding quarter.
Year-over-year
-22.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$53.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $15.7B | +12.8% |
| Sep 30, 2022 | $14.1B | -4.9% |
| Dec 31, 2022 | $11.9B | -17.4% |
| Mar 31, 2023 | $11.9B | -22.4% |
Revenue performance
The reported revenue continued to decrease from the preceding quarter. This marks a further sequential decline in the trend of declining quarterly revenue.
Quarterly comparison
Compared to the same quarter one year ago, revenue was lower. The decrease from the immediately preceding quarter was marginal following a larger decline in the prior quarter.
What to watch
While revenue showed only a slight sequential change, the ongoing year-over-year decline warrants attention to demand trends.