earnings
confidence high
sentiment negative
materiality 0.75
DNOW reports Q1 2026 net loss of $44M; revenue $1.18B, repurchased $50M in shares
DNOW Inc.
2026-Q1 EPS reported
-$0.24
revenue$1,183,000,000
- Revenue $1,183M; gross profit $193M (16.3% rev); adjusted gross profit $256M (21.6% rev).
- GAAP net loss of $44M ($0.24 loss per diluted share); adjusted net income $3M ($0.01 EPS).
- Adjusted EBITDA $39M (3.3% revenue); cash used in operations $95M.
- Repurchased $50M in common stock under $160M buyback program; acquired Edge Controls for $46M.
- Completed first full quarter with MRC Global; integration ahead of schedule.