Dow swings to GAAP profit of $802 million in FY26 Q2; net sales rise 20% to $12.1 billion year-over-year - DOW News | RalliesDow swings to GAAP profit of $802 million in FY26 Q2; net sales rise 20% to $12.1 billion year-over-year
D
DOW• Dow reports higher sales and returns to profit in FY26 Q2
- Dow posted 2Q26 GAAP net income of $802 million, swinging from a loss a year earlier; GAAP EPS was $0.99.
- Net sales rose 20% year over year to $12.1 billion, driven by a 20% local price increase; volume fell 1%.
- Operating EBIT (non-GAAP) climbed to $1.65 billion from a loss a year earlier, primarily on higher prices and self-help initiatives.
- Packaging & Specialty Plastics net sales increased 27% to $6.39 billion; operating EBIT rose to $1.28 billion.
- Management raised expected 2026 Transform to Outperform benefits by about $200 million, lifting total in-year self-help benefits to over $1.3 billion.