Dow reports Q1 2026 net loss of $445M on lower sales amid Middle East conflict impact and cost-cutting efforts.

Dow's Q1 2026 net sales fell 6% to $9.8 billion, driven by volume declines in Industrial Intermediates & Infrastructure due to the Middle East conflict and lower prices across segments. The company posted a GAAP net loss of $445 million, impacted by equity losses from Sadara and planned maintenance activities. Despite the loss, operating cash flow surged to $1.1 billion, aided by a legal settlement payment and cost reduction programs. Dow's CEO highlighted early signs of margin improvement and ongoing strategic efforts to drive growth and efficiency amid challenging market conditions.