secwatch.observer — SEC 8-K summary
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Issuer:     DNOW Inc. (DNOW)
CIK:        0001599617
Form:       8-K
Filed at:   2026-08-06T10:56:20+00:00
Accession:  0001193125-26-336651
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DNOW Q2 2026: Revenue $1.3B, Adj. EBITDA $60M (+54% seq.), record operating cash flow $133M
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- Revenue $1,307M; gross profit $243M (18.6%); adjusted gross profit $272M (20.8%).
- Net loss $21M ($0.11/diluted); adjusted net income $21M ($0.12/diluted); Adj. EBITDA $60M (4.6% of revenue).
- Operating cash flow $133M (record Q2); net debt $360M; leverage ratio 1.7x.
- Repurchased $25M in Q2, $75M YTD under $160M program; U.S. midstream revenues surpassed $1B annualized.
- Sequential revenue growth 10% overall, 13% U.S. segment; Adj. EBITDA up 54% sequentially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1599617/000119312526336651/0001193125-26-336651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1599617/000119312526336651/dnow-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-336651

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