Dnow Inc. (DNOW) quarterly income statement — complete revenue, gross profit & net income history
Dnow Inc. (DNOW) annual income statement — 14-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 1.34B | 1.31B | 1.18B | 959M | 634M | 628M | 599M | 571M | 606M | 633M | 563M | 555M | 588M | 594M | 584M | 547M | 577M | 539M | 473M | 432M |
| Revenue Growth % | 110.88% | 108.12% | 97.5% | 67.95% | 4.62% | -0.79% | 6.39% | 2.88% | 3.06% | 6.57% | -3.6% | 1.46% | 1.91% | 10.2% | 23.47% | 26.62% | 31.44% | 34.75% | 31.02% | 35.42% |
| Cost of Goods Sold | 1.07B | 1.06B | 990M | 891M | 489M | 484M | 460M | 438M | 471M | 491M | 434M | 425M | 454M | 460M | 447M | 415M | 438M | 411M | 366M | 331M |
| COGS % of Revenue | 80.18% | 81.41% | 83.69% | 92.91% | 77.13% | 77.07% | 76.79% | 76.71% | 77.72% | 77.57% | 77.09% | 76.58% | 77.21% | 77.44% | 76.54% | 75.87% | 75.91% | 76.25% | 77.38% | 76.62% |
| Gross Profit | 265M | 243M | 193M | 68M | 145M | 144M | 139M | 133M | 135M | 142M | 129M | 130M | 134M | 134M | 137M | 132M | 139M | 128M | 107M | 101M |
| Gross Margin % | 19.82% | 18.59% | 16.31% | 7.09% | 22.87% | 22.93% | 23.21% | 23.29% | 22.28% | 22.43% | 22.91% | 23.42% | 22.79% | 22.56% | 23.46% | 24.13% | 24.09% | 23.75% | 22.62% | 23.38% |
| Gross Profit Growth % | 82.76% | 68.75% | 38.85% | -48.87% | 7.41% | 1.41% | 7.75% | 2.31% | 0.75% | 5.97% | -5.84% | -1.52% | -3.6% | 4.69% | 28.04% | 30.69% | 44.79% | 50.59% | 42.67% | 124.44% |
| Operating Expenses | 232M | 242M | 238M | 175M | 108M | 105M | 106M | 104M | 112M | 109M | 101M | 98M | 97M | 98M | 102M | 97M | 95M | 99M | 84M | 94M |
| OpEx % of Revenue | 17.35% | 18.52% | 20.12% | 18.25% | 17.03% | 16.72% | 17.7% | 18.21% | 18.48% | 17.22% | 17.94% | 17.66% | 16.5% | 16.5% | 17.47% | 17.73% | 16.46% | 18.37% | 17.76% | 21.76% |
| Selling, General & Admin | 232M | 238M | 238M | 175M | 108M | 105M | 106M | 103M | 107M | 104M | 101M | 98M | 97M | 98M | 102M | 97M | 95M | 89M | 84M | 91M |
| SG&A % of Revenue | 17.35% | 18.21% | 20.12% | 18.25% | 17.03% | 16.72% | 17.7% | 18.04% | 17.66% | 16.43% | 17.94% | 17.66% | 16.5% | 16.5% | 17.47% | 17.73% | 16.46% | 16.51% | 17.76% | 21.06% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 1000K |
| Operating Income | 33M | 1M | -45M | -107M | 37M | 39M | 33M | 29M | 23M | 33M | 28M | 32M | 37M | 36M | 35M | 35M | 44M | 29M | 23M | 7M |
| Operating Margin % | 2.47% | 0.08% | -3.8% | -11.16% | 5.84% | 6.21% | 5.51% | 5.08% | 3.8% | 5.21% | 4.97% | 5.77% | 6.29% | 6.06% | 5.99% | 6.4% | 7.63% | 5.38% | 4.86% | 1.62% |
| Operating Income Growth % | -10.81% | -97.44% | -236.36% | -468.97% | 60.87% | 18.18% | 17.86% | -9.38% | -37.84% | -8.33% | -20% | -8.57% | -15.91% | 24.14% | 52.17% | 400% | 340% | - | 387.5% | 118.92% |
| EBITDA | 57M | 24M | -22M | -87M | 48M | 49M | 44M | 39M | 31M | 42M | 35M | 39M | 44M | 42M | 41M | 40M | 49M | 34M | 27M | 12M |
| EBITDA Margin % | 4.26% | 1.84% | -1.86% | -9.07% | 7.57% | 7.8% | 7.35% | 6.83% | 5.12% | 6.64% | 6.22% | 7.03% | 7.48% | 7.07% | 7.02% | 7.31% | 8.49% | 6.31% | 5.71% | 2.78% |
| EBITDA Growth % | 18.75% | -51.02% | -150% | -323.08% | 54.84% | 16.67% | 25.71% | 0% | -29.55% | 0% | -14.63% | -2.5% | -10.2% | 23.53% | 51.85% | 233.33% | 206.25% | 466.67% | 1450% | 137.5% |
| D&A (Non-Cash Add-back) | 24M | 23M | 23M | 20M | 11M | 10M | 11M | 10M | 8M | 9M | 7M | 7M | 7M | 6M | 6M | 5M | 5M | 5M | 4M | 5M |
| EBIT | 30M | -9M | -60M | -176M | 32M | 32M | 30M | 30M | 28M | 38M | 29M | 32M | 37M | 36M | 35M | 35M | 44M | 39M | 23M | 10M |
| Net Interest Income | -7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -10M | -10M | -15M | -69M | -5M | -7M | -3M | 1M | -1M | 0 | 1M | -1M | 0 | -1M | 0 | -1M | 0 | -1M | 10M | 8M |
| Pretax Income | 23M | -9M | -60M | -176M | 32M | 32M | 30M | 30M | 22M | 33M | 29M | 31M | 37M | 35M | 35M | 34M | 44M | 28M | 33M | 15M |
| Pretax Margin % | 1.72% | -0.69% | -5.07% | -18.35% | 5.05% | 5.1% | 5.01% | 5.25% | 3.63% | 5.21% | 5.15% | 5.59% | 6.29% | 5.89% | 5.99% | 6.22% | 7.63% | 5.19% | 6.98% | 3.47% |
| Income Tax | -3M | 12M | -16M | -29M | 7M | 7M | 7M | 7M | 9M | 8M | 8M | -116M | 2M | 1M | 3M | 2M | 3M | 2M | 3M | 3M |
| Effective Tax Rate % | -13.04% | -133.33% | 26.67% | 16.48% | 21.88% | 21.88% | 23.33% | 23.33% | 40.91% | 24.24% | 27.59% | -374.19% | 5.41% | 2.86% | 8.57% | 5.88% | 6.82% | 7.14% | 9.09% | 20% |
| Net Income | 26M | -21M | -44M | -147M | 25M | 25M | 22M | 23M | 13M | 24M | 21M | 147M | 35M | 34M | 31M | 31M | 40M | 26M | 30M | 12M |
| Net Margin % | 1.94% | -1.61% | -3.72% | -15.33% | 3.94% | 3.98% | 3.67% | 4.03% | 2.15% | 3.79% | 3.73% | 26.49% | 5.95% | 5.72% | 5.31% | 5.67% | 6.93% | 4.82% | 6.34% | 2.78% |
| Net Income Growth % | 4% | -184% | -300% | -739.13% | 92.31% | 4.17% | 4.76% | -84.35% | -62.86% | -29.41% | -32.26% | 374.19% | -12.5% | 30.77% | 3.33% | 158.33% | 700% | 1400% | 400% | 127.27% |
| Net Income (Continuing) | 26M | -21M | -44M | -147M | 25M | 25M | 23M | 23M | 13M | 25M | 21M | 147M | 35M | 34M | 32M | 32M | 41M | 26M | 30M | 12M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 4M | 5M | 5M | 5M | 3M | 5M | 5M | 4M | 4M | 4M | 3M | 3M | 3M | 3M | 3M | 2M | 2M | 0 | 0 | 1M |
| EPS (Diluted) | 0.14 | -0.11 | -0.24 | -0.95 | 0.23 | 0.24 | 0.20 | 0.21 | 0.12 | 0.21 | 0.20 | 1.36 | 0.31 | 0.31 | 0.28 | 0.28 | 0.37 | 0.23 | 0.27 | 0.11 |
| EPS Growth % | -39.13% | -145.83% | -220% | -552.38% | 91.67% | 14.29% | 0% | -84.56% | -61.29% | -32.26% | -28.57% | 385.71% | -16.22% | 34.78% | 3.7% | 154.55% | 640% | 1363.74% | 397.03% | 127.5% |
| EPS (Basic) | 0.14 | -0.11 | -0.24 | -0.95 | 0.23 | 0.24 | 0.20 | 0.22 | 0.12 | 0.21 | 0.20 | 1.37 | 0.32 | 0.31 | 0.28 | 0.28 | 0.37 | 0.23 | 0.27 | 0.11 |
| Diluted Shares Outstanding | 182M | 182M | 186M | 155M | 106M | 106M | 107M | 107M | 107.01M | 108M | 107.35M | 107M | 108.12M | 108.13M | 111.22M | 111M | 111M | 111.07M | 111M | 111M |
| Basic Shares Outstanding | 181M | 182M | 186M | 155M | 105M | 105.46M | 106M | 106M | 106.31M | 107M | 106.45M | 106M | 106.98M | 107.25M | 110.01M | 110M | 110.86M | 110.77M | 110.6M | 110M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |