DNOW Inc. (DNOW)

NYSE: DNOW · Real-Time Price · USD

15.18

-0.39 (-2.50%)

At close: Oct 12, 2026, 4:00 PM EDT

15.25

+0.07 (0.46%)

After-hours: Oct 12, 2026, 4:36 PM EDT

DNOW Inc. Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	4,083	2,820	2,373	2,321	2,136	1,632
Revenue Growth	69.84%	18.84%	2.24%	8.66%	30.88%	0.80%
Gross Profit	826	613	538	539	506	357
Operating Income	74	119	131	151	151	17
Net Income	-188	-89	76	246	126	5
Earnings Per Share	-1.20	-0.76	0.71	2.27	1.13	0.05
EPS Growth	-	-	-68.72%	100.89%	2395.14%	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
United States	3,386	2,294	1,880	1,749	1,591	1,163
Canada	202	214	253	282	315	249
International	495	312	240	290	230	220
Total	4,083	2,820	2,373	2,321	2,136	1,632

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Investments	114	164	256	299	212	313
Total Debt	649	614	67	63	49	39
Net Cash (Debt)	-535	-450	189	236	163	274
Net Cash Growth	-	-	-19.91%	44.79%	-40.51%	-17.96%
Net Cash Per Share	-3.41	-3.82	1.76	2.18	1.47	2.48

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Cash Flow	164	155	298	188	-	30
Capital Expenditures	-28	-21	-9	-17	-9	-5
Free Cash Flow	136	134	289	171	-9	25
Free Cash Flow Growth	-35.24%	-53.63%	69.01%	-	-	-86.19%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Gross Margin	20.23%	21.74%	22.67%	23.22%	23.69%	21.88%
Operating Margin	1.81%	4.22%	5.52%	6.51%	7.07%	1.04%
Pretax Margin	-5.27%	-3.55%	4.64%	6.12%	6.51%	0.74%
Profit Margin	-4.60%	-3.16%	3.20%	10.60%	5.90%	0.31%
FCF Margin	3.33%	4.75%	12.18%	7.37%	-0.42%	1.53%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 12, 2026	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
PE Ratio	-	-	18.12	4.89	11.13	188.83
Forward PE	26.76	13.30	17.86	12.09	14.68	29.22
P/FCF Ratio	20.42	18.36	4.76	7.04	-	37.77
PS Ratio	0.68	0.87	0.58	0.52	0.66	0.58