---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-037016"
form_type: "8-K"
ticker: "DNOW"
cik: "0001599617"
company_name: "DNOW Inc."
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:15:07.783279+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# DNOW reports Q4 revenue $555M, record annual EBITDA $184M, plans Whitco Supply acquisition

## Summary
- Q4 net income $147M ($1.35 diluted GAAP EPS) includes $126M non-cash deferred tax benefit; non-GAAP EPS $0.22.
- Full-year EBITDA excluding other costs $184M (7.9% of revenue); free cash flow $171M, more than double initial guidance.
- Cash & equivalents $299M, zero long-term debt, total liquidity ~$626M at year-end.
- Agreed to acquire Whitco Supply (no terms disclosed); CEO cites enhanced earnings, free cash flow and shareholder value.
- Targeting $150M free cash flow in 2024; U.S. Process Solutions delivered double-digit revenue growth.

## SEC filing metadata
- accession: 0001193125-24-037016
- form_type: 8-K
- ticker: DNOW
- cik: 0001599617
- company_name: DNOW Inc.
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599617/000119312524037016/0001193125-24-037016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599617/000119312524037016/d780586d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-037016
- JSON: https://secwatch.observer/filing/0001193125-24-037016.json
- Plain text: https://secwatch.observer/filing/0001193125-24-037016.txt

## Key facts
- Earnings Releases
  DNOW Inc. reported quarter and full year ended December 31, 2023 results: revenue $555 million, net income $147 million, EPS $1.35 per diluted share.
  - Period: quarter and full year ended December 31, 2023
  - Revenue: $555 million
  - Net income: $147 million
  - EPS: $1.35 per diluted share
  - Result: reported results
  source text: 31, 2023. Financial Highlights • Cash provided by operating activities was $105 million for the fourth quarter of 2023 and $188 million for the full-year 2023 • Revenue was $555 million for the fourth quarter of 2023 • Net income attributable to DNOW Inc. was $147 million, or $1.35 per diluted share, for the fourth quarter of 2023, which included a non-cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599617/000119312524037016/0001193125-24-037016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.