Company research
DNOW Inc.
CIK 1599617Updated Sep 29, 2026
SecurityDNOW · NYSE · equity
Name history
NOW Inc. · through Jan 9, 2024
DNOW price & chart
Loading TradingView…
NYSE:DNOW on TradingView ↗About the company
DNOW is a premier energy and industrial solutions provider with a legacy of over 160 years as a leading distributor of pipe, valves, fittings (PVF), gas products, pumps and fabricated equipment. Headquartered in Houston, Texas, with approximately 5,100 employees and a global network of distribution and engineering locations; we provide a broad mix of quality products our customers require to build and maintain essential infrastructure across the upstream, gas utilities, downstream and industrial and midstream markets. We deliver a comprehensive range of value-added supply chain solutions and technical product expertise, supported by advanced digital offerings. Our products and resources enable our customers to run their operations more efficiently and effectively, helping them to meet and exceed their business goals.
In the news
DNOW IMPORTANT DEADLINE: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages DNOW Inc. Investors to Secure Counsel Before Important October 2 Deadline in Securities Class Action First Filed by the Firm – DNOW ↗
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in DNOW Inc. of Class Action Lawsuit and Upcoming Deadlines - DNOW ↗
DNOW Investors Have Opportunity to Lead DNOW Inc. Securities Lawsuit Filed by The Rosen Law Firm ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 3,924,000,000Source | 1,621,000,000Source | 1,529,000,000Source | 1,320,000,000Source |
| Property, Plant and Equipment, NetUSD | 264,000,000Source | 157,000,000Source | 131,000,000Source | 119,000,000Source |
| GoodwillUSD | 617,000,000Source | 230,000,000Source | 139,000,000Source | 116,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 164,000,000Source | 256,000,000Source | 299,000,000Source | 212,000,000Source |
| Inventory, NetUSD | 1,192,000,000Source | 352,000,000Source | 366,000,000Source | 381,000,000Source |
| Assets, CurrentUSD | 2,278,000,000Source | 1,028,000,000Source | 1,068,000,000Source | 1,017,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 48,000,000Source | 32,000,000Source | 19,000,000Source | 26,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 160,000,000Source | 40,000,000Source | 40,000,000Source | 36,000,000Source |
| Other Assets, NoncurrentUSD | 29,000,000Source | 48,000,000Source | 45,000,000Source | 43,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,686,000,000Source | 493,000,000Source | 466,000,000Source | 476,000,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 2,000,000Source | 1,000,000Source | 1,000,000Source | 1,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | -836,000,000Source | -747,000,000Source | -828,000,000Source | -1,075,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -126,000,000Source | -153,000,000Source | -145,000,000Source | -150,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 2,233,000,000Source | 1,124,000,000Source | 1,060,000,000Source | 842,000,000Source |
| Additional Paid in Capital, Common StockUSD | 3,193,000,000Source | 2,023,000,000Source | 2,032,000,000Source | 2,066,000,000Source |
| Liabilities and EquityUSD | 3,924,000,000Source | 1,621,000,000Source | 1,529,000,000Source | 1,320,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 974,000,000Source | 442,000,000Source | 418,000,000Source | 439,000,000Source |
| Operating Lease, Liability, CurrentUSD | 45,000,000Source | 13,000,000Source | 11,000,000Source | 13,000,000Source |
| Accounts Payable, CurrentUSD | 653,000,000Source | 300,000,000Source | 288,000,000Source | 304,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 129,000,000Source | 29,000,000Source | 30,000,000Source | 25,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 99,000,000Source | — | 0Source | 1,000,000Source |
| Other Liabilities, NoncurrentUSD | 73,000,000Source | 22,000,000Source | 18,000,000Source | 11,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 5,000,000Source | 4,000,000Source | 3,000,000Source | 2,000,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 300,000,000Source | 130,000,000Source | 120,000,000Source | 126,000,000Source |
| Deferred Tax Liabilities, NetUSD | 88,000,000Source | — | — | 1,000,000Source |
| Long-term DebtUSD | 411,000,000Source | — | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -88,000,000Source | 82,000,000Source | 248,000,000Source | 129,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 52,000,000Source | 34,000,000Source | 26,000,000Source | 19,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 29,000,000Source | 13,000,000Source | 15,000,000Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -40,000,000Source | -81,000,000Source | -16,000,000Source | 95,000,000Source |
| Increase (Decrease) in InventoriesUSD | -107,000,000Source | -80,000,000Source | -12,000,000Source | 138,000,000Source |
| Increase (Decrease) in Accounts PayableUSD | -37,000,000Source | — | — | — |
| Deferred Income Tax Expense (Benefit)USD | -16,000,000Source | 25,000,000Source | -119,000,000Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 155,000,000Source | 298,000,000Source | 188,000,000Source | 0Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 574,000,000Source | 299,000,000Source | 32,000,000Source | 80,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -590,000,000Source | -304,000,000Source | -48,000,000Source | -87,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -5,000,000Source | -4,000,000Source | -1,000,000Source | -2,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 21,000,000Source | 9,000,000Source | 17,000,000Source | 9,000,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 19,000,000Source | — | — | — |
| Payments for Repurchase of Common StockUSD | 37,000,000Source | 23,000,000Source | 50,000,000Source | 7,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 339,000,000Source | -33,000,000Source | -55,000,000Source | -10,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -16,000,000Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -92,000,000Source | -43,000,000Source | 87,000,000Source | -101,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 164,000,000Source | 256,000,000Source | 299,000,000Source | 212,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 4,000,000Source | — | — | — |
| Income Taxes Paid, NetUSD | 3,000,000Source | 6,000,000Source | 10,000,000Source | 11,000,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 29,000,000Source | 13,000,000Source | 15,000,000Source | 11,000,000Source |
| Amortization of Intangible AssetsUSD | 11,000,000Source | 7,000,000Source | 5,000,000Source | 2,000,000Source |
| DepreciationUSD | 41,000,000Source | 27,000,000Source | 21,000,000Source | 17,000,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -2,000,000Source | -1,000,000Source | -1,000,000Source | -2,000,000Source |
| GoodwillUSD | 617,000,000Source | 230,000,000Source | 139,000,000Source | 116,000,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source | 0Source | — |
| Income Tax Expense (Benefit)USD | -12,000,000Source | 32,000,000Source | -110,000,000Source | 10,000,000Source |
| Inventory Write-downUSD | — | 5,000,000Source | 9,000,000Source | 6,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | -89,000,000Source | 81,000,000Source | 247,000,000Source | 128,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,000,000Source | 1,000,000Source | 1,000,000Source | 1,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -89,000,000Source | 80,000,000Source | 243,000,000Source | 126,000,000Source |
| Operating Lease, ExpenseUSD | 24,000,000Source | — | — | — |
| Other Nonoperating Income (Expense)USD | -7,000,000Source | 1,000,000Source | -2,000,000Source | 8,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 2,820,000,000Source | 2,373,000,000Source | 2,321,000,000Source | 2,136,000,000Source |
| Cost of RevenueUSD | 2,342,000,000Source | 1,838,000,000Source | 1,786,000,000Source | 1,630,000,000Source |
| Selling, General and Administrative ExpenseUSD | 559,000,000Source | — | — | — |
| Operating Income (Loss)USD | -93,000,000Source | 113,000,000Source | 140,000,000Source | 131,000,000Source |
| Other Nonoperating Income (Expense)USD | -7,000,000Source | 1,000,000Source | -2,000,000Source | 8,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -100,000,000Source | 114,000,000Source | 138,000,000Source | 139,000,000Source |
| Income Tax Expense (Benefit)USD | -12,000,000Source | 32,000,000Source | -110,000,000Source | 10,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,000,000Source | 1,000,000Source | 1,000,000Source | 1,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | -89,000,000Source | 81,000,000Source | 247,000,000Source | 128,000,000Source |
| Earnings Per Share, BasicUSD per share | -0.76Source | 0.75Source | 2.26Source | 1.14Source |
| Earnings Per Share, DilutedUSD per share | -0.76Source | 0.74Source | 2.24Source | 1.13Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 117,880,198Source | 106,354,586Source | 107,395,890Source | 110,676,078Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 117,880,198Source | 107,148,410Source | 108,422,755Source | 111,224,389Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 11,000,000Source | 7,000,000Source | 5,000,000Source | 2,000,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -2,000,000Source | -1,000,000Source | -1,000,000Source | -2,000,000Source |
| Gross ProfitUSD | 478,000,000Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -114,000,000Source | 97,000,000Source | 106,000,000Source | 108,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -89,000,000Source | 80,000,000Source | 243,000,000Source | 126,000,000Source |
| Operating Lease, ExpenseUSD | 24,000,000Source | — | — | — |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | 0Source | 1,000,000Source | 4,000,000Source | 2,000,000Source |
Offerings
Registration 333-288909
Filing attachments
dnow-ex99_1.htm · 8-K · 2026-08-06
EX-99.1 2 dnow-ex99_1.htm EX-99.1 EX-99.1 Earnings Conference Call August 6, 2026 8:00 a.m. CT 1 (888) 660-6431 (within North America) 1 (929) 203-2118 (outside of North America) Access Code: 7372055 Webcast: ir.dnow.com DNOW Reports Second Quarter 2026 Results HOUSTON, TX, August 6, 2026 - DNOW Inc. (NYSE: DNOW) announced results for the second quarter ended June 30, 2026. Recent Capital Allocation • Repurchased $25 million of common stock in the second quarte…
Read attachment ↗dnow-ex99_1.htm · 8-K · 2026-05-07
EX-99.1 2 dnow-ex99_1.htm EX-99.1 EX-99.1 Earnings Conference Call May 7, 2026 8:00 a.m. CT 1 (888) 660-6431 (within North America) 1 (929) 203-2118 (outside of North America) Access Code: 7372055 Webcast: ir.dnow.com DNOW Reports First Quarter 2026 Results HOUSTON, TX, May 7, 2026 - DNOW Inc. (NYSE: DNOW) announced results for the first quarter ended March 31, 2026. Recent Capital Allocation Actions • Repurchased $50 million of common stock, under the $160 mil…
Read attachment ↗d115352dex991.htm · 8-K · 2026-02-20
EX-99.1 2 d115352dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Earnings Conference Call February 20, 2026 8:00 a.m. CT 1 (888) 660-6431 (within North America) 1 (929) 203-2118 (outside of North America) Access Code: 7372055 Webcast: ir.dnow.com DNOW Reports Fourth Quarter and Full-Year 2025 Results HOUSTON, TX, February 20, 2026 - DNOW Inc. (NYSE: DNOW) announced results for the fourth quarter and year ended December 31, 2025. Completed Merger with MRC Global Inc. …
Read attachment ↗d66585dex991.htm · 8-K · 2025-11-06
EX-99.1 4 d66585dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE DNOW Completes Combination with MRC Global HOUSTON - November 06, 2025 - DNOW Inc. (NYSE: DNOW) (“DNOW” or the “Company”) today announced that it has completed its acquisition of MRC Global Inc. (“MRC Global”), creating a premier solutions provider to the energy and industrial markets. Under the terms of the merger agreement, each share of MRC Global’s common stock was converted into the right to receive 0.948…
Read attachment ↗d38878dex991.htm · 8-K · 2025-11-05
EX-99.1 2 d38878dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Earnings Conference Call November 5, 2025 8:00 a.m. CT 1 (888) 660-6431 (within North America) 1 (929) 203-2118 (outside of North America) Access Code: 7372055 Webcast: ir.dnow.com DNOW Reports Third Quarter 2025 Results HOUSTON, TX, November 5, 2025 - DNOW Inc. (NYSE: DNOW) announced results for the third quarter ended September 30, 2025. Merger with MRC Global Inc. (NYSE: MRC) On June 26, 2025, DNOW…
Read attachment ↗d84647dex991.htm · 8-K · 2025-08-06
EX-99.1 2 d84647dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Earnings Conference Call August 6, 2025 8:00 a.m. CT 1 (888) 660-6431 (within North America) 1 (929) 203-2118 (outside North America) Access Code: 7372055 Webcast: ir.dnow.com DNOW Reports Second Quarter 2025 Results HOUSTON, TX, August 6, 2025 - DNOW Inc. (NYSE: DNOW) announced results for the second quarter ended June 30, 2025. Merger Agreement with MRC Global Inc. (NYSE: MRC) On June 26, 2025, DNOW a…
Read attachment ↗