earnings
confidence high
sentiment positive
materiality 0.75
DNOW Q2 revenue $628M, net income $25M; EBITDA $51M best Q2 ever; reaffirms FY guidance
DNOW Inc.
2025-Q2 EPS reported
$0.43
revenue$1,227,000,000
- Revenue $628M, up 5% sequentially; net income $25M ($0.23 diluted EPS); non-GAAP EPS $0.27.
- EBITDA excluding other costs $51M (8.1% of revenue), highest second-quarter EBITDA as public company.
- Cash from operations $45M in Q2, $225M trailing four quarters; repurchased $19M stock in Q2.
- Cash $232M, zero debt, liquidity ~$582M; reaffirms FY2025 revenue/EBITDA guidance and $150M FCF target.
- Announced on June 26 all-stock merger with MRC Global valued ~$1.5B; expected closing Q4 2025 subject to approvals.
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