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DOW INC. FY 2025 10-K, explained in plain English

DOW · 10-K for the period ending December 31, 2025, filed February 3, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$40.0B
Gross margin6.3%
Operating income— not reported
Net income— not reported
Diluted EPS−$3.70
Cash & equivalents$3.8B
Total assets$58.5B
Long-term debt$17.8B

Key takeaway

Dow posted a full-year net loss (-$3.70 diluted EPS) despite nearly $40 billion in revenue, reflecting thin 6.3% gross margins.

🔒 4 more takeaways in the full analysis

Beneath the surface

Net debt is substantial: long-term debt of $17.85 billion versus just $3.82 billion cash (plus $2.2 billion in available-for-sale debt securities) leaves Dow with roughly $12 billion in net debt exposure.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for DOW.

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