NYSE:DNOW
DNOW Inc.
DNOW Inc.'s revenue grew 18.8% in fiscal 2025 to $2.8B while operating margin fell to −3.3%. Free cash flow was $134.0M, 4.8% of revenue, and the diluted share count rose 10.0%.Summary generated from DNOW Inc.'s SEC filings. Latest annual report filed Feb 26, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$2.8B
Revenue growth+18.8%
Revenue, 5-yr CAGR+11.7%
Gross margin17.0%
Operating margin−3.3%
Net margin−3.2%
ROIC−4.4%
Return on equity−5.3%
Debt / equity0.18
Free cash flow$134.0M
FCF margin4.8%
Share count change+10.0%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1,632 | 2,136 | 2,321 | 2,373 | 2,820 |
| Operating income | 9 | 131 | 144 | 109 | −93 |
| Net income | 5 | 128 | 250 | 78 | −89 |
| Free cash flow | 25 | −9 | 171 | 289 | 134 |
Recent filings
- 4Insider transaction report
Aug 12, 2026 - 4Insider transaction report
Aug 12, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 8-KResults of a shareholder vote
May 20, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 7, 2026 - 8-KResults of operations and financial condition
May 7, 2026 - DEF 14AProxy statement
Apr 9, 2026