DNOW Inc. Reports $1,337 million Quarterly Revenue
DNOW Inc. reported quarterly results highlighted by repurchased $17 million of common stock in the third quarter of 2026 and $92 million year-to-date under the Company's $160 million share repurchase program, according to its earnings release filed with an 8-K Thursday.
Revenue was $1,337 million. Gross profit was $265 million, or 19.8% of revenue, and adjusted gross profit was $283 million, or 21.2% of revenue. Net income attributable to DNOW Inc. was $26 million, or $0.14 per diluted share, and adjusted net income attributable to DNOW Inc. was $34 million, or $0.18 per diluted share. Adjusted EBITDA was $76 million, or 5.7% of revenue.
Results detail
Management discussed operating drivers in the Exhibit 99.1 materials. Investors should read GAAP results alongside any adjusted measures DNOW Inc. emphasizes, including items called out in the reconciliations.
The filing is an Item 2.02 results announcement furnished with Exhibit 99.1. Comparisons use the year-earlier period as presented by DNOW Inc. unless the release specifies another baseline. Where both GAAP and non-GAAP metrics appear, both are summarized when the extract includes them.
Segment mix, cash flow and any outlook language in the release are the usual secondary reads after the headline revenue and earnings figures. One-time items—restructuring, impairments, gains on sales or legal settlements—can move GAAP profit without changing the run-rate story, so reconciliations remain essential.
Why it matters
For retail investors, the DNOW Inc. print is a check on whether growth, margins and cash generation are moving together. The figures above come from the company’s Exhibit 99.1 earnings materials; how they stack up against the prior-year run rate and any guide published with the release will shape the near-term debate.
By the numbers
- Repurchased $17 million of common stock in the third quarter of 2026 and $92 million year-to-date under the Company's $160 million share repurchase program
- Revenue was $1,337 million
- Gross profit was $265 million, or 19.8% of revenue, and adjusted gross profit was $283 million, or 21.2% of revenue
- Net income attributable to DNOW Inc. was $26 million, or $0.14 per diluted share, and adjusted net income attributable to DNOW Inc. was $34 million, or $0.18 per diluted share
- Adjusted EBITDA was $76 million, or 5.7% of revenue
Sources
- DNOW Inc. Form 8-K with quarterly financial results, filed 2026-11-05 (accession 0001193125-26-448511)
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