secwatch.observer — SEC 8-K summary
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Issuer:     DNOW Inc. (DNOW)
CIK:        0001599617
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001193125-26-210260
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DNOW reports Q1 2026 net loss of $44M; revenue $1.18B, repurchased $50M in shares
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1599617/000119312526210260/0001193125-26-210260-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1599617/000119312526210260/dnow-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-210260

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