Dow posts Q3 2026 earnings beat on pricing and cost actions

Dow Inc. reported third‑quarter 2026 net sales of $11.3 billion, up 13% year‑over‑year, and GAAP net income of $525 million. Adjusted earnings were $0.71 per share, beating analysts’ estimates of $0.61. The company credited higher prices, especially in polyethylene, and disciplined cost‑saving initiatives for the outperformance.

The earnings beat and strong cash generation suggest the transformation program is delivering, supporting the company’s guidance for flat Q4 EBITDA of about $1.5 billion and continued dividend payments. Investors may view the results as a sign of resilient pricing power amid raw‑material cost pressure.

  • 1Net sales were $11.3 billion, up 13% year‑over‑year.
  • 2GAAP net income was $525 million.
  • 3Adjusted earnings per share were $0.71.
  • 4Analysts’ earnings estimate was $0.61 per share.
  • 5Packaging & Specialty Plastics net sales were $5.8 billion, up 18% year‑over‑year.
  • 6Operating EBITDA was more than $1.5 billion.

Sources