secwatch.observer — SEC 8-K summary
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Issuer:     DNOW Inc. (DNOW)
CIK:        0001599617
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001193125-25-265677
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DNOW Q3 2025 revenue $634M, EPS $0.23; MRC merger $1.5B close in Q4
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- Revenue $634M, net income $25M ($0.23 diluted EPS); non-GAAP EPS $0.26.
- EBITDA ex-other costs $51M (8.0% of revenue); cash $266M, zero debt.
- Merger with MRC Global (NYSE: MRC) all-stock transaction valued ~$1.5B, expected close Q4 2025.
- Highest revenue since Q4 2019; forecasts best full-year EBITDA ever as public company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1599617/000119312525265677/0001193125-25-265677-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1599617/000119312525265677/d38878d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-265677

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer