FY2025 · ended Dec 31, 2025 · Revenue $2.82B, +18.8% YoY · Filed Feb 26, 2026
Dnow Inc. (DNOW) files with the SEC under industry code 3533, Oil & Gas Field Machinery & Equipment. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $2.8 billion and a net loss of $89.0 million. Free cash flow was $134.0 million. As of Sep 30, 2026 it held $112.0 million in cash and investments and $522.0 million in total debt.
Revenue (TTM)
$4.79B
+96.8% vs year-ago TTM
Net income (TTM)
$-186.00M
-338.5% vs year-ago TTM
Operating cash flow (TTM)
$241.00M
+24.2% vs year-ago TTM
Free cash flow (TTM)
$203.00M
+14.7% vs year-ago TTM
EPS (TTM)
$-1.06
-247.5% vs year-ago TTM
Dividend per share
None
Shares outstanding
186.35M
+76.3% vs prior year
Net cash
$-410.00M
as of Sep 30, 2026
Operating margin
-3.9%
FY 2026
Company profile
- Industry
- Oil & Gas Field Machinery & Equipment (SIC 3533)
- Listed as
- DNOW (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1599617
- Former names
- NOW Inc. (until Jan 9, 2024)
Other Oil & Gas Field Machinery & Equipment companies
- Baker Hughes Co BKR
- TechnipFMC plc FTI
- Solaris Energy Infrastructure, Inc. SEI
- NOV Inc. NOV
- Weatherford International plc WFRD
- Cactus, Inc. WHD
- Flowco Holdings Inc. FLOC
- Innovex International, Inc. INVX
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.4B | $2.3B | $2.1B | $1.6B |
| Operating income | -$93.0M | $109.0M | $144.0M | $131.0M | $9.0M |
| Net income | -$89.0M | $78.0M | $250.0M | $128.0M | $5.0M |
| Diluted EPS | -$0.76 | $0.71 | $2.27 | $1.13 | $0.05 |
| Operating cash flow | $155.0M | $298.0M | $188.0M | $0 | $30.0M |
| Free cash flow | $134.0M | $289.0M | $171.0M | -$9.0M | $25.0M |
| Total assets | $3.9B | $1.6B | $1.5B | $1.3B | $1.1B |
| Total liabilities | $1.7B | $493.0M | $466.0M | $476.0M | $392.0M |
| Stockholders' equity | $2.2B | $1.1B | $1.1B | $842.0M | $711.0M |
| Cash and investments | $164.0M | $256.0M | $299.0M | $212.0M | $313.0M |
| Total debt | $614.0M | $67.0M | $63.0M | $49.0M | $39.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 5, 2026 | Nov 5, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 20, 2026 | May 20, 2026 |
| 10-Q | Quarterly report | May 7, 2026 | Mar 31, 2026 |
Source: SEC EDGAR filings. This is company-reported data, not investment advice.