DNOW Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,820	2,373	2,321	2,136	1,632
Revenue Growth (YoY)	18.84%	2.24%	8.66%	30.88%	0.80%
Cost of Revenue	2,207	1,833	1,786	1,630	1,275
Gross Profit	613	540	535	506	357
Selling, General & Admin	495	408	388	355	341
Other Operating Expenses	-	-	-	-	-1
Operating Expenses	495	408	388	355	340
Operating Income	118	132	147	151	17
Currency Exchange Gain (Loss)	-14	-1	-1	-2	-1
Other Non Operating Income (Expenses)	-5	2	-	-3	-6
EBT Excluding Unusual Items	99	133	146	146	10
Merger & Restructuring Charges	-199	-13	-	-	-
Gain (Loss) on Sale of Assets	-	-6	-	-10	-
Asset Writedown	-	-	-	-	-8
Legal Settlements	-	-	-5	-5	-
Other Unusual Items	-	-	-3	8	10
Pretax Income	-100	114	138	139	12
Income Tax Expense	-12	32	-110	10	7
Earnings From Continuing Operations	-88	82	248	129	5
Minority Interest in Earnings	-1	-1	-1	-1	-
Net Income	-89	81	247	128	5
Preferred Dividends & Other Adjustments	-	1	4	2	-
Net Income to Common	-89	80	243	126	5
Net Income Growth	-	-67.21%	92.97%	2460.00%	-
Shares Outstanding (Basic)	118	106	107	111	110
Shares Outstanding (Diluted)	118	107	108	111	110
Shares Change (YoY)	10.13%	-1.18%	-2.52%	0.66%	1.00%
EPS (Basic)	-0.75	0.75	2.26	1.14	0.05
EPS (Diluted)	-0.76	0.74	2.24	1.13	0.05
EPS Growth	-	-66.96%	98.23%	2395.14%	-
Free Cash Flow	-	289	171	-9	25
Free Cash Flow Per Share	-	2.70	1.58	-0.08	0.23
Gross Margin	21.74%	22.76%	23.05%	23.69%	21.88%
Operating Margin	4.18%	5.56%	6.33%	7.07%	1.04%
Profit Margin	-3.16%	3.37%	10.47%	5.90%	0.31%
Free Cash Flow Margin	-	12.18%	7.37%	-0.42%	1.53%
EBITDA	160.67	166	173	170	40
EBITDA Margin	5.70%	7.00%	7.45%	7.96%	2.45%
D&A For EBITDA	42.67	34	26	19	23
EBIT	118	132	147	151	17
EBIT Margin	4.18%	5.56%	6.33%	7.07%	1.04%
Effective Tax Rate	-	28.07%	-	7.19%	58.33%

Updated Feb 20, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q