vs

Side-by-side financial comparison of Dow Inc. (DOW) and XP Inc. (XP). Click either name above to swap in a different company.

XP Inc. is the larger business by last-quarter revenue ($13.5B vs $9.5B, roughly 1.4× Dow Inc.).

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.

XP Inc. is a Brazilian investment management company. The company offers fixed income, equities, investment funds, and private pension products, as well as offers wealth management and other financial services. XP serves customers in Brazil and has offices in São Paulo, Rio de Janeiro, New York, Miami, London and Geneva.

DOW vs XP — Head-to-Head

Bigger by revenue
XP
XP
1.4× larger
XP
$13.5B
$9.5B
DOW

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
DOW
DOW
XP
XP
Revenue
$9.5B
$13.5B
Net Profit
$22.0K
Gross Margin
5.8%
Operating Margin
1.1%
Net Margin
0.0%
Revenue YoY
-9.3%
Net Profit YoY
EPS (diluted)
$-2.16
$536884.00

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.

Revenue
DOW
DOW
XP
XP
Q1 26
$9.5B
Q4 25
$9.5B
Q3 25
$10.0B
$13.5B
Q2 25
$10.1B
$8.8B
Q1 25
$10.4B
$4.3B
Q4 24
$10.4B
Q3 24
$10.9B
$12.6B
Q2 24
$10.9B
$8.3B
Net Profit
DOW
DOW
XP
XP
Q1 26
Q4 25
$-1.5B
Q3 25
$62.0M
$22.0K
Q2 25
$-835.0M
$22.0K
Q1 25
$-307.0M
$22.0K
Q4 24
$-35.0M
Q3 24
$214.0M
$21.0K
Q2 24
$439.0M
$21.0K
Gross Margin
DOW
DOW
XP
XP
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 24
12.1%
Operating Margin
DOW
DOW
XP
XP
Q1 26
Q4 25
-16.4%
Q3 25
0.7%
1.1%
Q2 25
-6.5%
1.0%
Q1 25
-3.6%
1.1%
Q4 24
2.1%
Q3 24
3.0%
1.0%
Q2 24
5.6%
0.9%
Net Margin
DOW
DOW
XP
XP
Q1 26
Q4 25
-15.6%
Q3 25
0.6%
0.0%
Q2 25
-8.3%
0.0%
Q1 25
-2.9%
0.0%
Q4 24
-0.3%
Q3 24
2.0%
0.0%
Q2 24
4.0%
0.0%
EPS (diluted)
DOW
DOW
XP
XP
Q1 26
$-2.16
Q4 25
$-2.16
Q3 25
$0.08
$536884.00
Q2 25
$-1.18
$537811.00
Q1 25
$-0.44
$539533.00
Q4 24
$-0.08
Q3 24
$0.30
$550958.00
Q2 24
$0.62
$554030.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOW
DOW
XP
XP
Cash + ST InvestmentsLiquidity on hand
$3.8B
Total DebtLower is stronger
$17.8B
Stockholders' EquityBook value
$16.0B
$20.0B
Total Assets
$58.5B
$347.5B
Debt / EquityLower = less leverage
1.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOW
DOW
XP
XP
Q1 26
$3.8B
Q4 25
$3.8B
Q3 25
$4.6B
Q2 25
$2.4B
Q1 25
$1.5B
Q4 24
$2.2B
Q3 24
$2.9B
Q2 24
$3.3B
Total Debt
DOW
DOW
XP
XP
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 24
$16.0B
Stockholders' Equity
DOW
DOW
XP
XP
Q1 26
$16.0B
Q4 25
$16.0B
Q3 25
$17.5B
$20.0B
Q2 25
$17.2B
$20.0B
Q1 25
$16.8B
$20.0B
Q4 24
$17.4B
Q3 24
$18.3B
$19.5B
Q2 24
$18.3B
$19.5B
Total Assets
DOW
DOW
XP
XP
Q1 26
$58.5B
Q4 25
$58.5B
Q3 25
$61.0B
$347.5B
Q2 25
$59.0B
$347.5B
Q1 25
$57.5B
$347.5B
Q4 24
$57.3B
Q3 24
$59.4B
$249.0B
Q2 24
$58.5B
$249.0B
Debt / Equity
DOW
DOW
XP
XP
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×
Q2 24
0.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons