Why did Dow (NYSE:DOW) revenue increase in Q2 2026?

Dow (NYSE:DOW) revenue increased primarily because local prices rose 20%, led by higher polyethylene prices across all regions. Net sales increased 20% year over year to $12.1 billion, while volume declined 1%.

What were Dow’s (NYSE:DOW) Q2 earnings?

Dow (NYSE:DOW) reported GAAP net income of $802 million and diluted EPS of $0.99, compared with an $801 million loss and a $1.18 loss per share one year earlier. Operating EPS improved from a $0.42 loss to $1.44.

How did Dow’s (NYSE:DOW) business segments perform?

Dow (NYSE:DOW) reported sales growth of 27% in Packaging & Specialty Plastics, 14% in Industrial Intermediates & Infrastructure and 11% in Performance Materials & Coatings. Operating EBIT reached $1.28 billion, $246 million and $133 million, respectively.

What are Dow’s (NYSE:DOW) Transform to Outperform benefits?

Dow (NYSE:DOW) now expects its self-help initiatives to deliver more than $1.3 billion of benefits during 2026. The company raised that target by approximately $200 million after reporting that the program performed ahead of plan.

How much cash did Dow (NYSE:DOW) generate?

Dow (NYSE:DOW) generated $1.32 billion in cash from continuing operations during the second quarter. The company said stronger earnings offset an expected working-capital increase linked to higher revenue, while quarterly dividends totaled $253 million.

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Dow second quarter sales skyrockets 20% to $12.1 billion

Written by Heidi Cuthbert Published Jul 23, 2026, 10:17 AM

Dow reported second-quarter net sales of $12.1 billion, up 20%, as local prices increased across all segments and regions.
Dow shares were up 2% at $31.88 in premarket trading following the results.
The company raised its expected 2026 self-help benefits by about $200 million to more than $1.3 billion.

Dow (NYSE:DOW) reported second-quarter net sales of $12.1 billion, up 20%, as higher local prices supported a return to profitability.

Sales increased from $10.1 billion, while GAAP net income reached $802 million compared with an $801 million loss one year earlier.

Operating EPS improved to $1.44, excluding $0.45 of significant items mainly related to the company’s Transform to Outperform program.

Following the announcement, Dow's share price was up 2% at $31.88 in premarket trading.

Packaging & Specialty Plastics sales rose 27% to $6.39 billion, while segment operating EBIT increased to $1.28 billion.

Dow also generated $1.32 billion in operating cash flow, paid $253 million in dividends and now targets more than $1.3 billion of 2026 self-help benefits.

Dow second quarter sales skyrockets 20% to $12.1 billion

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