Dow posts higher Q3 sales as revenue climbs $11.3B

• Dow reported third-quarter 2026 net sales of $11.3 billion, up 13% year over year, while GAAP net income increased to $525 million.
• Operating EBIT increased to $887 million from $180 million, while diluted earnings per share rose to $0.62 from $0.08.
• Dow expects its cost reduction and operational improvement initiatives to generate more than $1 billion in EBITDA uplift in both 2026 and 2027.

Dow (NYSE:DOW) reported third-quarter 2026 net sales of $11.3 billion, up 13% year over year, supported by higher prices across its businesses.

Revenue growth reflected a 14% increase in local prices, partly offset by a 1% decline in sales volumes amid regional supply disruptions.

GAAP net income rose to $525 million from $124 million, while diluted earnings per share increased to $0.62 from $0.08.

Operating EBIT increased to $887 million from $180 million, while operating cash flow reached $1.8 billion and free cash flow totaled $1.1 billion.

Dow expects its operational improvement programs to deliver more than $1 billion in EBITDA uplift in both 2026 and 2027.

The company reduced debt by approximately $600 million year to date, while higher raw-material and logistics costs continued to affect operating performance.

Dow previously reported second-quarter 2026 sales of $12.09 billion, supported by higher polyethylene prices, while Middle East conflict disruptions constrained demand and shipments.