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Side-by-side financial comparison of Dow Inc. (DOW) and Visa Inc. (V). Click either name above to swap in a different company.
Visa Inc. is the larger business by last-quarter revenue ($11.2B vs $9.5B, roughly 1.2× Dow Inc.). On growth, Visa Inc. posted the faster year-over-year revenue change (17.0% vs -9.3%). Over the past eight quarters, Visa Inc.'s revenue compounded faster (12.3% CAGR vs -6.9%).
The Dow Chemical Company is an American multinational corporation headquartered in Midland, Michigan, United States. The company was among the three largest chemical producers in the world in 2021. It is the operating subsidiary of Dow Inc., a publicly traded holding company incorporated under Delaware law.
Visa Inc. is an American multinational payment card services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards.
DOW vs V — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $9.5B | $11.2B |
| Net Profit | — | $6.0B |
| Gross Margin | 5.8% | — |
| Operating Margin | — | 64.4% |
| Net Margin | — | 53.4% |
| Revenue YoY | -9.3% | 17.0% |
| Net Profit YoY | — | 32.0% |
| EPS (diluted) | $-2.16 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q2 26 | — | $11.2B | ||
| Q1 26 | $9.5B | — | ||
| Q4 25 | $9.5B | $10.9B | ||
| Q3 25 | $10.0B | $10.7B | ||
| Q2 25 | $10.1B | $10.2B | ||
| Q1 25 | $10.4B | $9.6B | ||
| Q4 24 | $10.4B | $9.5B | ||
| Q3 24 | $10.9B | $9.6B |
| Q2 26 | — | $6.0B | ||
| Q1 26 | — | — | ||
| Q4 25 | $-1.5B | $5.9B | ||
| Q3 25 | $62.0M | $5.1B | ||
| Q2 25 | $-835.0M | $5.3B | ||
| Q1 25 | $-307.0M | $4.6B | ||
| Q4 24 | $-35.0M | $5.1B | ||
| Q3 24 | $214.0M | $5.3B |
| Q2 26 | — | — | ||
| Q1 26 | 5.8% | — | ||
| Q4 25 | 5.8% | — | ||
| Q3 25 | 7.3% | — | ||
| Q2 25 | 5.8% | — | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 9.0% | — | ||
| Q3 24 | 9.8% | — |
| Q2 26 | — | 64.4% | ||
| Q1 26 | — | — | ||
| Q4 25 | -16.4% | 61.8% | ||
| Q3 25 | 0.7% | 57.3% | ||
| Q2 25 | -6.5% | 60.7% | ||
| Q1 25 | -3.6% | 56.6% | ||
| Q4 24 | 2.1% | 65.6% | ||
| Q3 24 | 3.0% | 66.0% |
| Q2 26 | — | 53.4% | ||
| Q1 26 | — | — | ||
| Q4 25 | -15.6% | 53.7% | ||
| Q3 25 | 0.6% | 47.5% | ||
| Q2 25 | -8.3% | 51.8% | ||
| Q1 25 | -2.9% | 47.7% | ||
| Q4 24 | -0.3% | 53.8% | ||
| Q3 24 | 2.0% | 55.3% |
| Q2 26 | — | — | ||
| Q1 26 | $-2.16 | — | ||
| Q4 25 | $-2.16 | — | ||
| Q3 25 | $0.08 | — | ||
| Q2 25 | $-1.18 | — | ||
| Q1 25 | $-0.44 | — | ||
| Q4 24 | $-0.08 | — | ||
| Q3 24 | $0.30 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.8B | $12.4B |
| Total DebtLower is stronger | $17.8B | $22.4B |
| Stockholders' EquityBook value | $16.0B | $35.7B |
| Total Assets | $58.5B | $95.0B |
| Debt / EquityLower = less leverage | 1.12× | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $12.4B | ||
| Q1 26 | $3.8B | — | ||
| Q4 25 | $3.8B | $14.8B | ||
| Q3 25 | $4.6B | $17.2B | ||
| Q2 25 | $2.4B | $17.1B | ||
| Q1 25 | $1.5B | $11.7B | ||
| Q4 24 | $2.2B | $12.4B | ||
| Q3 24 | $2.9B | $12.0B |
| Q2 26 | — | $22.4B | ||
| Q1 26 | $17.8B | — | ||
| Q4 25 | $17.8B | — | ||
| Q3 25 | $17.7B | — | ||
| Q2 25 | $16.2B | — | ||
| Q1 25 | $15.9B | — | ||
| Q4 24 | $15.7B | — | ||
| Q3 24 | $16.2B | — |
| Q2 26 | — | $35.7B | ||
| Q1 26 | $16.0B | — | ||
| Q4 25 | $16.0B | $38.8B | ||
| Q3 25 | $17.5B | $37.9B | ||
| Q2 25 | $17.2B | $38.7B | ||
| Q1 25 | $16.8B | $38.0B | ||
| Q4 24 | $17.4B | $38.3B | ||
| Q3 24 | $18.3B | $39.1B |
| Q2 26 | — | $95.0B | ||
| Q1 26 | $58.5B | — | ||
| Q4 25 | $58.5B | $96.8B | ||
| Q3 25 | $61.0B | $99.6B | ||
| Q2 25 | $59.0B | $100.0B | ||
| Q1 25 | $57.5B | $92.9B | ||
| Q4 24 | $57.3B | $91.9B | ||
| Q3 24 | $59.4B | $94.5B |
| Q2 26 | — | 0.63× | ||
| Q1 26 | 1.12× | — | ||
| Q4 25 | 1.12× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 0.95× | — | ||
| Q4 24 | 0.91× | — | ||
| Q3 24 | 0.88× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DOW
Segment breakdown not available.
V
| Data processing revenue | $5.5B | 49% |
| International transaction revenue | $3.6B | 32% |
| Other revenue | $1.3B | 12% |
| Other | $736.0M | 7% |
