Direct Answer
Dow Inc. reports revenue across 3 business segments in its fiscal 2025 Form 10-K. Packaging Specialty Plastics is the largest, with $20.0 billion of revenue (50% of the total), followed by Industrial Intermediates Infrastructure at $11.2 billion (28%). 37% of revenue came from the United States.
How Does Dow Inc. Make Money?
No single line supplies a majority of revenue: the largest, Packaging Specialty Plastics, is 50%, which spreads Dow Inc.'s exposure across several demand drivers. Between fiscal 2024 and 2025, Performance Materials Coatings grew fastest (-5.1%) and Packaging Specialty Plastics slowest (-8.3%), so the revenue mix tilts toward Performance Materials Coatings while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Packaging Specialty Plastics | $20.0 billion | $21.8 billion | 50.0% | -8.3% |
| Industrial Intermediates Infrastructure | $11.2 billion | $11.9 billion | 27.9% | -5.9% |
| Performance Materials Coatings | $8.1 billion | $8.6 billion | 20.4% | -5.1% |
Where Does Dow Inc.'s Revenue Come From?
Regions follow the definitions in the filing; most companies assign revenue by customer location.
| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| United States | $14.7 billion | $15.3 billion | 36.9% | -3.8% |
| Rest of World | $12.7 billion | $13.7 billion | 31.7% | -7.7% |
| Europe Middle East Africa and India | $12.6 billion | $14.0 billion | 31.5% | -9.8% |
What the Segment Figures Do Not Show
The rows above add up to 98% of Dow Inc.'s reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Dow Inc. reported in the segment note and revenue disclosures of its Form 10-K filed February 3, 2026 (accession 0001751788-26-000018), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Dow Inc.'s business segments?
In its fiscal 2025 Form 10-K, Dow Inc. reports revenue for Packaging Specialty Plastics, Industrial Intermediates Infrastructure and Performance Materials Coatings.
Which part of Dow Inc. brings in the most revenue?
Packaging Specialty Plastics, with $20.0 billion of revenue in fiscal 2025, or 50% of the total.
How much of Dow Inc.'s revenue comes from outside the United States?
63% in fiscal 2025, by the geographic breakdown Dow Inc. reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.