DOW INC. (DOW) Form 10-Q — Apr 24, 2026

Dow Inc. reported a net loss of $533 million for the first quarter of 2026, widening from a $307 million loss in the prior year, primarily due to a $292 million charge tied to its guarantee of Sadara's debt and restructuring costs. Sales fell 6% to $9.8 billion as lower local prices and volumes across most segments offset favorable currency impacts, while operating cash flow surged to $1.1 billion driven by a $1.4 billion legal settlement payment from Nova Chemicals. The company initiated the 'Transform to Outperform' restructuring program, targeting approximately $1.2 billion in costs over the next two years to simplify operations and reduce its cost structure.

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