The financials
DNOW Inc. by the numbers
DNOW Inc. (DNOW) reported revenue of $1.18B in Q1 2026 (quarter ended March 31, 2026), up 97% from the same quarter a year earlier. That came with a gross margin of 16% and net loss of $44M. For the full year FY2025, revenue was $2.82B (+19% year on year) and net income −$89M. Its largest region in 2026-Q2 was United States at $395M, 78% of the disclosed total, just ahead of International at 15%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.18B | $599M | +97% |
| Gross profit | $193M | $138M | +40% |
| Operating income | −$50M | $29M | to a loss |
| Net income | −$44M | $21M | to a loss |
| Diluted EPS | −$0.24 | $0.19 | to a loss |
| Geographic | Revenue | Share |
|---|---|---|
| United States | $395M | 78% |
| International | $77M | 15% |
| Canada | $36M | 7.1% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $508.0M (+8.5%)
International grew +75% year on yearCanada -2.7% year on year
Segment Latestquarter on quarteryear on year
- United States$395.0M$395.0MQoQ +10%year on year +19%+10%+19%
- International$77.0M$77.0MQoQ +12%year on year +75%+12%+75%
- Canada$36.0M$36.0MQoQ -12%year on year -2.7%-12%-2.7%