Dow (DOW) r&d spend was $752M in FY2025 (-7% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$752M
-7%
2024
$810M
-2%
2023
$829M
-3%
2022
$851M
-1%
2021
$857M
+12%
2020
$768M
+0%
2019
$765M
-4%
2018
$800M
-0%
2017
$803M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q1 2026
$181M
Q4 2025
$173M
Q3 2025
$191M
Q2 2025
$188M
Q1 2025
$200M
Q4 2024
$202M
Q3 2024
$208M
Q2 2024
$196M
Q1 2024
$204M
Q4 2023
$213M
Q3 2023
$197M
Q2 2023
$205M
Source: DOW on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.