Dow (DOW) reported a first quarter net loss of $445 million compared to a loss of $290 million, prior year. Loss per share was $0.74 compared to a loss of $0.44. Operating EBITDA declined to $873 million from $944 million, last year. Operating loss per share was $0.14 compared to profit of $0.02. The company noted that the operating per share result excludes significant items totaling $0.60 per share, driven by an adjustment to the Sadara guarantee liability and taxes associated with receipt of payment from NOVA Chemicals related to the company's ongoing litigation.
Net sales were $9.8 billion, down 6% year-over-year, reflecting flat sales in Performance Materials & Coatings and declines in the other operating segments. Volume decreased 2% year-over-year, driven by declines in Industrial Intermediates & Infrastructure, which was impacted by the Middle East conflict.
In pre-market trading on NYSE, Dow shares are down 1.13 percent to $38.38.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.