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Inferra AI / Company / DNOW

Dnow Inc.

DNOW · Industrials

Last earnings Aug 6, 2026

Key results

Revenuequarter

$628 million

Revenue was $628 million for the second quarter of 2025 Net income attributable to DNOW Inc.

SEC original ↗Dnow Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

AI analysis

Q2 2025 · reported Aug 6, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Revenue · Q2 2025
$628M
EX-99 · Aug 6, 2025

The quarter in charts

Guidance ladder — revenue

Delivered vs the company's guided range

EX-99 · Aug 6, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.

Headline figures

MetricQ2 2025Prior qtrYear ago
Revenue$628 million——

EX-99 · Aug 6, 2025

Guidance · company-stated

Direction: Reiterated

Revenue$150 million

“As a result of our solid first-half performance, we are reaffirming our full-year 2025 revenue and EBITDA guidance and reaffirming 2025 free cash flow guidance targeted at $150 million.”

Midpoint vs latest-quarter revenue-76.1%computed from stated figures

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

( MRC Global ) in an all-stock transaction, inclusive of MRC Global's debt.

Debt On November 6, 2025 , the Company, together with certain direct and indirect subsidiaries of the Company (collectively, the Borrowers ), entered into an Amended and Restated Credit Agreement with a syndicate of lenders and Wells Fargo Bank, National Association, serving as the administrative agent, (the Amended Credit Facility ), that amends and restates the Company s existing senior secured asset-based credit facility (the Existing Credit Facility ).

What changed vs last quarter

  • Guide midpoint vs latest-quarter revenue -76.1% computed from stated figures
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Earnings Conference Call August 6, 2025 8:00 a.m

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Reiterated

Revenue: “As a result of our solid first-half performance, we are reaffirming our full-year 2025 revenue and EBITDA guidance and reaffirming 2025 free cash flow guidance targeted at $150 million.”

Revenue — Reiterated (“reaffirming”)
“As a result of our solid first-half performance, we are reaffirming our full-year 2025 revenue and EBITDA guidance and reaffirming 2025 free cash flow guidance targeted at $150 million.”

Classified from the release's primary full-year outlook statement.

Capital allocation

( MRC Global ) in an all-stock transaction, inclusive of MRC Global's debt.

SEC original ↗Dnow Inc. — 10-Q Quarterly report10-QAug 6, 2026

Debt On November 6, 2025 , the Company, together with certain direct and indirect subsidiaries of the Company (collectively, the Borrowers ), entered into an Amended and Restated Credit Agreement with a syndicate of lenders and Wells Fargo Bank, National Association, serving as the administrative agent, (the Amended Credit Facility ), that amends and restates the Company s existing senior secured asset-based credit facility (the Existing Credit Facility ).

SEC original ↗Dnow Inc. — 10-Q Quarterly report10-QAug 6, 2026

The Amended Credit Facility amends certain terms, provisions and covenants of the Existing Credit Facility, including, among other things: (i) extending the maturity date under the Existing Credit Facility to November 6, 2030 ; (ii) providing for an $ 850 million revolving credit facility, with an incremental accordion feature that permits increases in aggregate revolving commitments by up to $ 500 million (for total commitments of up to $ 1.35 billion); and (iii) increasing availability as compared to the Existing Credit Facility by expanding the borrowing base definition to include certain rental equipment assets.

SEC original ↗Dnow Inc. — 10-Q Quarterly report10-QAug 6, 2026

The obligations under the Amended Credit Facility are secured by substantially all the assets of the Company and its subsidiaries.

SEC original ↗Dnow Inc. — 10-Q Quarterly report10-QAug 6, 2026

The Amended Credit Facility contains customary covenants, representations and warranties and events of default.

SEC original ↗Dnow Inc. — 10-Q Quarterly report10-QAug 6, 2026

The Amended Credit Facility also includes a springing financial covenant that requires the Company to maintain, during any period when availability falls below specified thresholds, a fixed charge coverage ratio (as defined in the Amended Credit Facility ) of at least 1.00 :1.00.

SEC original ↗Dnow Inc. — 10-Q Quarterly report10-QAug 6, 2026

Strategy & priorities

We also recently announced an important milestone in the strategic advancement of DNOW, agreeing to combine with MRC Global.

SEC original ↗Dnow Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Our team remains focused on advancing our strategy while planning for our future together with MRC Global.

SEC original ↗Dnow Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

I want to recognize and thank our DNOW team for their relentless focus on delighting the customer.

SEC original ↗Dnow Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Risks & headwinds

Statements made in this press release that are forward-looking in nature are intended to be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and may involve risks and uncertainties.

SEC original ↗Dnow Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Legal Proceedings 32 Item 1A.

SEC original ↗Dnow Inc. — 10-Q Quarterly report10-QAug 6, 2026

Additionally, through the Company s DigitalNOW and MRCGO e-commerce platforms, customers can leverage technology across business applications to source products and solve complex operational and product sourcing challenges.

SEC original ↗Dnow Inc. — 10-Q Quarterly report10-QAug 6, 2026

As such, the Company believes that this information is important in depicting the nature, amount, timing and uncertainty of our contracts with customers.

SEC original ↗Dnow Inc. — 10-Q Quarterly report10-QAug 6, 2026

While the Company has established estimates it believes to be reasonable under the facts known, the outcomes of litigation and similar disputes are often difficult to reliably predict and may result in decisions or settlements that are contrary to, or in excess of, the Company's expectations.

SEC original ↗Dnow Inc. — 10-Q Quarterly report10-QAug 6, 2026

The Company is one of many defendants in lawsuits that plaintiffs have brought seeking damages for personal injuries that exposure to asbestos allegedly caused.

SEC original ↗Dnow Inc. — 10-Q Quarterly report10-QAug 6, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

RELX (RELX) IndustrialsThomson Reuters (TRI) IndustrialsFedEx (FDX) IndustrialsVertiv (VRT) IndustrialsCanadian National Railway (CNI) IndustrialsAerCap Holdings (AER) IndustrialsCanadian Pacific Kansas City (CP) IndustrialsGeneral Dynamics (GD) Industrials
Documents

Filings

31 documents

Earnings releases

12 documents

Presentations

0 documents

No presentations for Dnow Inc. are held in this edition of the library.

Transcripts

0 documents

No transcripts for Dnow Inc. are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention Dnow Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.