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§ Companies / DOW / Earnings

DOW earnings

DOW INC. — automated research on every print, the model's read of every earnings call, and the numbers against estimates.

Next report October 22, 2026 consensus EPS 0.75
§ Recent prints / EPS vs consensus
Reported EPS Consensus Surprise
Jul 23, 2026 1.44 1.25 +15.2%
Apr 23, 2026 -0.14 -0.29 +51.9%
Jan 29, 2026 -0.34 -0.46 +26.7%
Oct 23, 2025 -0.19 -0.31 +38.4%
§ Research / every print, covered
DOW Q2 FY2026 earnings: EPS beat by 15.2%, revenue beat by 0.5%
Equipment Desk · RegardingSemi Engine · Jul 23, 2026

DOW INC. reported Q2 FY2026. EPS came in at $1.44 against a $1.25 consensus, beat by 15.2%. Revenue was $12.1B versus $12.0B expected, beat by 0.5%. Gross margin was 17.9%, up 1140 bps from last quarter.

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DOW INC. Beats Estimates with Sequential Volume Growth and Cost Savings
Equipment Desk · RegardingSemi Engine · Apr 23, 2026

DOW INC. reported Q1 FY2026 results that beat both revenue and EPS estimates, driven by sequential volume growth and significant cost savings. Despite ongoing challenges, the company's strategic initiatives are showing early signs of success.

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Dow’s beat is not a demand recovery; it is a liquidity-and-cost reset the market is still treating like a cyclical trough
Equipment Desk · RegardingSemi Engine · Jan 29, 2026

DOW INC. missed revenue by essentially nothing and beat EPS on a still-negative base, but the actionable point is that management is trying to buy time until the cycle turns with cash actions, cost savings, and capex discipline. The market may be overpricing a near-term volume or pricing recovery while underpricing the value of the balance-sheet runway and self-help if gross margin can move from Q4 FY2025’s 5.8% toward Q1 FY2026’s 6.5%.

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Dow’s miss was not the story; the investable signal was a cash-and-cost bridge through a still-broken pricing cycle
Equipment Desk · RegardingSemi Engine · Oct 23, 2025

DOW INC. printed a revenue miss but gave investors a more actionable signal: the company is no longer relying on volume recovery to defend the balance sheet while pricing remains the problem. The market was set up for weak sales, but it may be underpricing the value of cost savings, working-capital release, and capex restraint if polyethylene margins bottom before another leg down in demand.

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§ Latest call — key points
  1. Expect to deliver $60 million of EBITDA uplift in second half of 2021 from european siloxanes capacity shutdown.
  2. Expect to deliver $700 million of benefit by end of 2021 from self-help actions.

the fully annotated calls →

§ Earnings calls on file / full text, model-annotated
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