DNOW Inc. (DNOW)

DNOW Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,404	2,373	2,321	2,136	1,632	1,619
Revenue Growth (YoY)	2.78%	2.24%	8.66%	30.88%	0.80%	-45.14%
Cost of Revenue	1,853	1,833	1,786	1,630	1,275	1,327
Gross Profit	551	540	535	506	357	292
Selling, General & Admin	417	408	388	355	341	397
Other Operating Expenses	-	-	-	-	-1	-
Operating Expenses	417	408	388	355	340	397
Operating Income	134	132	147	151	17	-105
Interest Expense	-1	-	-	-	-	-
Currency Exchange Gain (Loss)	-1	-1	-1	-2	-1	2
Other Non Operating Income (Expenses)	2	2	-	-3	-6	-6
EBT Excluding Unusual Items	134	133	146	146	10	-109
Merger & Restructuring Charges	-14	-13	-	-	-	-
Impairment of Goodwill	-	-	-	-	-	-230
Gain (Loss) on Sale of Assets	-6	-6	-	-10	-	-
Asset Writedown	-	-	-	-	-8	-91
Legal Settlements	-	-	-5	-5	-	-
Other Unusual Items	-	-	-3	8	10	-
Pretax Income	114	114	138	139	12	-430
Income Tax Expense	30	32	-110	10	7	-3
Earnings From Continuing Operations	84	82	248	129	5	-427
Minority Interest in Earnings	-1	-1	-1	-1	-	-
Net Income	83	81	247	128	5	-427
Preferred Dividends & Other Adjustments	1	1	4	2	-	-
Net Income to Common	82	80	243	126	5	-427
Net Income Growth	-63.44%	-67.21%	92.97%	2460.00%	-	-
Shares Outstanding (Basic)	106	106	107	111	110	109
Shares Outstanding (Diluted)	107	107	108	111	110	109
Shares Change (YoY)	-0.78%	-1.18%	-2.52%	0.66%	1.00%	0.58%
EPS (Basic)	0.77	0.75	2.26	1.14	0.05	-3.90
EPS (Diluted)	0.76	0.74	2.24	1.13	0.05	-3.91
EPS Growth	-63.30%	-66.96%	98.23%	2395.14%	-	-
Free Cash Flow	210	289	171	-9	25	181
Free Cash Flow Per Share	1.97	2.70	1.58	-0.08	0.23	1.65
Gross Margin	22.92%	22.76%	23.05%	23.69%	21.88%	18.04%
Operating Margin	5.57%	5.56%	6.33%	7.07%	1.04%	-6.49%
Profit Margin	3.41%	3.37%	10.47%	5.90%	0.31%	-26.37%
Free Cash Flow Margin	8.73%	12.18%	7.37%	-0.42%	1.53%	11.18%
EBITDA	173	166	173	170	40	-77
EBITDA Margin	7.20%	7.00%	7.45%	7.96%	2.45%	-4.76%
D&A For EBITDA	39	34	26	19	23	28
EBIT	134	132	147	151	17	-105
EBIT Margin	5.57%	5.56%	6.33%	7.07%	1.04%	-6.49%
Effective Tax Rate	26.32%	28.07%	-	7.19%	58.33%	-

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q