---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-173981"
form_type: "8-K"
ticker: "DNOW"
cik: "0001599617"
company_name: "DNOW Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:36:40.650459+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DNOW Q2 revenue $628M, net income $25M; EBITDA $51M best Q2 ever; reaffirms FY guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-173981
- form_type: 8-K
- ticker: DNOW
- cik: 0001599617
- company_name: DNOW Inc.
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599617/000119312525173981/0001193125-25-173981-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599617/000119312525173981/d84647d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-173981
- JSON: https://secwatch.observer/filing/0001193125-25-173981.json
- Plain text: https://secwatch.observer/filing/0001193125-25-173981.txt

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