DNOW
$15.77-2.71%
DNOW Inc.Stock · IndustrialsRussell 2000 · 0.08% of IWMRussell 3000 · 0.003% of IWVUS Stock Market · 0.003% of VTI
DNOW financial statements
The full income statement, balance sheet, and cash-flow statement for DNOW Inc. (DNOW), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 106.5M2024-09 105.8M2024-12 105.7M2025-03 105.6M2025-06 105.0M2025-09 105.0M2025-12 186.3M2026-03 182.5M2026-06 180.8M+69.8% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.82B+18.8% | 2.37B+2.2% | 2.32B+8.7% | 2.14B+30.9% | 1.63B+0.8% | |
| 478M-10.0% | 531M-1.5% | 539M | — | — | ||
| Cost of revenue | 2.34B+27.1% | 1.84B+3.4% | 1.78B+9.3% | 1.63B+27.8% | 1.27B-3.9% | |
| Selling, general & administrative | 559M+34.4% | 416M+5.3% | 395M | — | — | |
| Amortization of intangibles | 11.0M+57.1% | 7.00M+40.0% | 5.00M+150.0% | 2.00M+0.0% | 2.00M-50.0% | |
| Provision for credit losses | 3.00M+250.0% | -2.00M-200.0% | 2.00M+0.0% | 2.00M+200.0% | -2.00M-122.2% | |
| Operating income | -93.0M-185.3% | 109M-24.3% | 144M+9.9% | 131M+1355.6% | 9.00M+102.1% | |
| Other non-operating income | -7.00M-800.0% | 1.00M+150.0% | -2.00M-125.0% | 8.00M+166.7% | 3.00M+130.0% | |
| Pre-tax income | -100M-190.9% | 110M-22.5% | 142M+2.2% | 139M+1058.3% | 12.0M+102.8% | |
| Income tax | -12.0M-138.7% | 31.0M+128.4% | -109M-1190.0% | 10.0M+42.9% | 7.00M+333.3% | |
| -89.0M-214.1% | 78.0M-68.8% | 250M+95.3% | 128M+2460.0% | 5.00M+101.2% | ||
| Net income to non-controlling interest | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M | 0.00 | |
| Net income to common | -89.0M-217.1% | 76.0M-69.1% | 246M+95.2% | 126M+2420.0% | 5.00M+101.2% | |
| -$0.76-207.0% | $0.71-68.7% | $2.27+100.9% | $1.13+2160.0% | $0.05+101.3% | ||
| EPS (basic) | -$0.76-205.6% | $0.72-68.6% | $2.29+100.9% | $1.14+2180.0% | $0.05+101.3% | |
| Weighted-avg shares (basic) | 118M+10.8% | 106M-1.0% | 107M-3.0% | 111M+0.2% | 110M+0.9% | |
| Weighted-avg shares (diluted) | 118M+10.0% | 107M-1.2% | 108M-2.5% | 111M+0.7% | 110M+1.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.28B+121.6% | 1.03B-3.7% | 1.07B+5.0% | 1.02B+15.2% | 883M+2.6% | ||
| Cash & equivalents | 164M-35.9% | 256M-14.4% | 299M+41.0% | 212M-32.3% | 313M-19.1% | |
| Accounts receivable | 874M+125.3% | 388M+1.0% | 384M-3.5% | 398M+30.9% | 304M+53.5% | |
| Inventory | 1.19B+238.6% | 352M-3.8% | 366M-3.9% | 381M+52.4% | 250M-4.6% | |
| Prepaid expenses | 48.0M+50.0% | 32.0M+68.4% | 19.0M-26.9% | 26.0M+62.5% | 16.0M+14.3% | |
| 3.92B+142.1% | 1.62B+5.8% | 1.53B+16.1% | 1.32B+19.6% | 1.10B+9.5% | ||
| Property, plant & equipment | 264M+68.2% | 157M+19.8% | 131M+10.1% | 119M+7.2% | 111M+13.3% | |
| Operating lease right-of-use | 160M+300.0% | 40.0M+0.0% | 40.0M+11.1% | 36.0M+33.3% | 27.0M-34.1% | |
| Goodwill | 617M+168.3% | 230M+65.5% | 139M+19.8% | 116M+73.1% | 67.0M | |
| Intangible assets | 565M+769.2% | 65.0M+132.1% | 28.0M+12.0% | 25.0M+177.8% | 9.00M | |
| Deferred tax assets | 11.0M-88.2% | 93.0M-21.2% | 118M | — | 0.00-100.0% | |
| Other non-current assets | 29.0M+262.5% | 8.00M-82.2% | 45.0M+4.7% | 43.0M+26.5% | 34.0M-29.2% | |
| 974M+120.4% | 442M+5.7% | 418M-4.8% | 439M+19.0% | 369M+35.7% | ||
| Accounts payable | 653M+117.7% | 300M+4.2% | 288M-5.3% | 304M+29.4% | 235M+36.6% | |
| Accrued liabilities | 300M+130.8% | 130M+8.3% | 120M-4.8% | 126M+12.5% | 112M+17.9% | |
| Deferred revenue | 50.0M+61.3% | 31.0M+10.7% | 28.0M-15.2% | 33.0M+22.2% | 27.0M+42.1% | |
| Current lease liability | 45.0M+246.2% | 13.0M+18.2% | 11.0M-15.4% | 13.0M-13.3% | 15.0M-11.8% | |
| Other current liabilities | 21.0M+75.0% | 12.0M+20.0% | 10.0M+11.1% | 9.00M-59.1% | 22.0M+340.0% | |
| Finance lease liability (current) | 12.0M+20.0% | 10.0M+42.9% | 7.00M+75.0% | 4.00M+0.0% | 4.00M-20.0% | |
| 1.69B+242.0% | 493M+5.8% | 466M-2.1% | 476M+21.4% | 392M+26.9% | ||
| Long-term debt | 411M | 0.00 | — | — | — | |
| Non-current lease liability | 129M+344.8% | 29.0M-3.3% | 30.0M+20.0% | 25.0M+47.1% | 17.0M-32.0% | |
| Operating lease liability (total) | 174M+314.3% | 42.0M+2.4% | 41.0M+7.9% | 38.0M+18.8% | 32.0M-23.8% | |
| Finance lease liability (total) | 29.0M+16.0% | 25.0M+13.6% | 22.0M+100.0% | 11.0M+57.1% | 7.00M-36.4% | |
| Finance lease liability | 17.0M+13.3% | 15.0M+0.0% | 15.0M+114.3% | 7.00M+133.3% | 3.00M-50.0% | |
| Deferred tax liabilities | 99.0M | 0.00 | 0.00-100.0% | 1.00M | 0.00 | |
| Other non-current liabilities | 73.0M+231.8% | 22.0M+22.2% | 18.0M+63.6% | 11.0M+83.3% | 6.00M-50.0% | |
| 2.23B+98.7% | 1.12B+6.0% | 1.06B+25.9% | 842M+18.4% | 711M+1.7% | ||
| Preferred stock | — | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 2.00M+100.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | |
| Additional paid-in capital | 3.19B+57.8% | 2.02B-0.4% | 2.03B-1.6% | 2.07B+0.3% | 2.06B+0.4% | |
| Retained earnings | -836M-11.9% | -747M+9.8% | -828M+23.0% | -1.07B+10.6% | -1.20B+0.4% | |
| Treasury stock | — | 0.00 | — | 0.00 | — | |
| Accumulated other comprehensive income | -126M+17.6% | -153M-5.5% | -145M+3.3% | -150M-2.0% | -147M-1.4% | |
| Non-controlling interest | 5.00M+25.0% | 4.00M+33.3% | 3.00M+50.0% | 2.00M+100.0% | 1.00M | |
| Total equity incl. non-controlling | 2.24B+98.4% | 1.13B+5.8% | 1.07B+26.3% | 844M+18.5% | 712M+1.9% | |
| Total liabilities & equity | 3.92B+142.1% | 1.62B+6.0% | 1.53B+15.8% | 1.32B+19.6% | 1.10B+9.5% | |
| Common shares issued | 186M+76.2% | 106M-0.6% | 106M-3.7% | 110M-0.2% | 111M+0.6% | |
| Common shares outstanding | 186M+76.2% | 106M-0.6% | 106M-3.7% | 110M-0.2% | 111M+0.6% | |
| Shares outstanding (cover) | 186M+76.3% | 106M-0.5% | 106M-3.8% | 110M-0.2% | 111M+0.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 155M-48.0% | 298M+58.5% | 188M | 0.00-100.0% | 30.0M-84.1% | ||
| Depreciation & amortization | 52.0M+52.9% | 34.0M+30.8% | 26.0M+36.8% | 19.0M-17.4% | 23.0M-17.9% | |
| Intangible amortization | 11.0M+57.1% | 7.00M+40.0% | 5.00M+150.0% | 2.00M+0.0% | 2.00M-50.0% | |
| Share-based compensation | 29.0M+123.1% | 13.0M-13.3% | 15.0M+36.4% | 11.0M+37.5% | 8.00M | |
| Deferred income taxes | -16.0M-166.7% | 24.0M+120.3% | -118M-11900.0% | 1.00M | 0.00 | |
| Change in receivables | -40.0M+50.6% | -81.0M-406.3% | -16.0M-116.8% | 95.0M-2.1% | 97.0M+161.8% | |
| Change in inventory | -107M-33.8% | -80.0M-566.7% | -12.0M-108.7% | 138M+4700.0% | -3.00M+98.0% | |
| Change in payables | -37.0M-146.7% | -15.0M+25.0% | -20.0M | — | — | |
| Other operating activities | 0.00-100.0% | 1.00M-90.0% | 10.0M+150.0% | 4.00M-63.6% | 11.0M-67.6% | |
| -590M-94.1% | -304M-533.3% | -48.0M+44.8% | -87.0M+9.4% | -96.0M-536.4% | ||
| Capital expenditure | 21.0M+133.3% | 9.00M-47.1% | 17.0M+88.9% | 9.00M+80.0% | 5.00M-37.5% | |
| Free cash flow | 134M-53.6% | 289M+69.0% | 171M+2000.0% | -9.00M-136.0% | 25.0M-86.2% | |
| Acquisitions | 574M+92.0% | 299M+834.4% | 32.0M-60.0% | 80.0M-16.7% | 96.0M | |
| Other investing activities | -5.00M-25.0% | -4.00M-300.0% | -1.00M+50.0% | -2.00M+60.0% | -5.00M-25.0% | |
| 339M+1127.3% | -33.0M+40.0% | -55.0M-450.0% | -10.0M-66.7% | -6.00M+25.0% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 37.0M+60.9% | 23.0M-54.0% | 50.0M+614.3% | 7.00M | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -16.0M-166.7% | -6.00M-50.0% | -4.00M | — | — | |
| Net change in cash | -92.0M-114.0% | -43.0M-149.4% | 87.0M+186.1% | -101M-36.5% | -74.0M-136.3% | |
| Interest paid | 4.00M | 0.00 | 0.00 | — | — | |
| Income taxes paid | 3.00M-50.0% | 6.00M-40.0% | 10.0M-9.1% | 11.0M | 0.00-100.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.47B+79.6% | 1.37B+14.2% | 1.20B-14.2% | 1.40B+48.6% | 944M+19.6% | |
| P/E | — | 17.6×+93.3% | 9.1×-29.8% | 13.0×-93.1% | 188.8× | |
| P/S | 0.9×+51.1% | 0.6×+11.3% | 0.5×-25.0% | 0.7×+20.0% | 0.6×+18.6% | |
| P/B | 1.1×-9.6% | 1.2×-8.1% | 1.3×-23.7% | 1.7×+31.4% | 1.3×+17.6% | |
| P/FCF | 18.4×+287.3% | 4.8×-71.5% | 16.7× | — | 37.8×+765.9% | |
| Earnings yield | — | 5.7%-48.3% | 11.0%+42.4% | 7.7%+1354.0% | 0.53% | |
| FCF yield | 5.4%-74.2% | 21.0%+251.4% | 6.0% | — | 2.6%-88.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: DNOW’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all DNOW filings on SEC EDGAR → Not investment advice.