Highest-materiality recent filing
DNOW Q2 2026: Revenue $1.3B, Adj. EBITDA $60M (+54% seq.), record operating cash flow $133M
Revenue $1,307M; gross profit $243M (18.6%); adjusted gross profit $272M (20.8%).
All nine director nominees elected; highest vote total for Ronald Jadin (160.9M) and lowest for Paul Coppinger (156.6M).
DNOW reports Q1 2026 net loss of $44M; revenue $1.18B, repurchased $50M in shares
Revenue $1,183M; gross profit $193M (16.3% rev); adjusted gross profit $256M (21.6% rev).
DNOW director Rodney Eads to step down at 2026 annual meeting, not seeking reelection
Board member Rodney Eads notified DNOW on Feb 25, 2026 he will not stand for reelection at the upcoming annual meeting.
DNOW reports FY 2025 revenue $2.82B, adjusted EPS $0.86; MRC merger synergies ahead of plan
Q4 revenue $959M; Q4 adjusted net income $23M ($0.15 EPS); FY adjusted net income $104M ($0.86 EPS).
DNOW completed acquisition of MRC Global on November 6, 2025, as previously disclosed.
DNOW completes acquisition of MRC Global; expects $70M annual synergies
Acquisition of MRC Global closed Nov 6, 2025; each MRC share converted to 0.9489 DNOW share.
DNOW Q3 2025 revenue $634M, EPS $0.23; MRC merger $1.5B close in Q4
Revenue $634M, net income $25M ($0.23 diluted EPS); non-GAAP EPS $0.26.
DNOW clears HSR waiting period for MRC Global acquisition
Hart-Scott-Rodino waiting period expired October 6, 2025.
DNOW stockholders approve stock issuance for MRC Global merger
Special meeting held Sep 9, 2025; 94,776,670 votes for, 38,288 against, 46,081 abstain.
DNOW discloses three shareholder lawsuits and supplemental proxy disclosures for MRC Global merger
Three NY state complaints allege material omissions in joint proxy statement; DNOW denies merit but voluntarily supplements to avoid delay.
DNOW Q2 revenue $628M, net income $25M; EBITDA $51M best Q2 ever; reaffirms FY guidance
Revenue $628M, up 5% sequentially; net income $25M ($0.23 diluted EPS); non-GAAP EPS $0.27.
DNOW to acquire MRC Global in $1.5B all-stock merger; expects $70M annual cost synergies
MRC shareholders receive 0.9489 DNOW shares per MRC share; 8.5% premium to MRC's 30-day VWAP of $12.77.
DNOW appoints KPMG as auditor for FY2025, dismisses EY after competitive review
Audit Committee approved KPMG as independent auditor for fiscal 2025; EY dismissed effective May 21, 2025.
All eight director nominees re-elected; votes for ranged from 87.9M (Alario) to 91.8M (David-Green).
DNOW Q1 2025: Revenue $599M, EPS $0.20; beats expectations; repurchases and acquisition
Revenue $599M (+5% sequential), net income $22M ($0.20 diluted EPS), non-GAAP net income $24M ($0.22).
DNOW Q4 rev $571M, EPS $0.21; doubles buyback to $160M; acquires Trojan for $114M
Q4 revenue $571M, net income $23M ($0.21 diluted); full-year revenue $2,373M, net income $81M ($0.74).
DNOW announces new $160M share repurchase program, double prior $80M program
Board authorized up to $160M share repurchase program, effective immediately.
DNOW Q3 2024: Revenue $606M, Non-GAAP EPS $0.21, Zero Debt, $7M Buyback
Revenue of $606M; net income $13M ($0.12 diluted); non-GAAP net income $22M ($0.21 diluted).
DNOW reports Q2 2024 revenue $633M, net income $24M, EBITDA $50M, cash $197M with zero debt
Net income attributable to DNOW of $24M ($0.21 diluted EPS); non-GAAP net income $28M ($0.25 diluted EPS).
DNOW stockholders re-elect eight directors, approve LTIP, ratify E&Y, back say-on-pay
All eight director nominees re-elected to one-year terms expiring 2025; support ranged from 91.7% to 99.4%.
DNOW reports Q1 revenue $563M, EPS $0.19; acquires Whitco Supply for $185M; upgrades FY outlook
Q1 revenue $563M; net income $21M ($0.19 diluted); non-GAAP EPS $0.21.
DNOW reports Q4 revenue $555M, record annual EBITDA $184M, plans Whitco Supply acquisition
Q4 net income $147M ($1.35 diluted GAAP EPS) includes $126M non-cash deferred tax benefit; non-GAAP EPS $0.22.
NOW Inc. rebrands to DNOW Inc.; name change effective Jan 19, 2024
Board approved corporate name change from NOW Inc. to DNOW Inc., effective January 19, 2024.
NOW Inc. Q3 net income $35M ($0.32 EPS); revenue $588M; debt-free balance sheet
Revenue $588M for Q3 2023; net income attributable to NOW Inc. $35M.
NOW Inc. Q2 2023: EPS $0.31, revenue $594M, free cash flow $79M, completes two acquisitions
Revenue $594M; net income $34M ($0.31 diluted EPS); non-GAAP EPS $0.25.
All eight incumbent directors re-elected with over 92 million votes each; no opposition candidates.
Revenue $584M, up 7% sequentially despite lower U.S. rig counts and weaker oil/gas prices.
Director James Crandell to retire from NOW Inc. board at 2023 annual meeting
James Crandell notified NOW Inc. of his retirement from the Board, effective at the expiration of his current term.
NOW Inc. appoints Karen David-Green to Board of Directors effective March 24, 2023
David-Green is Chief Communications, Stakeholder and Sustainability Officer at Expro Group.
NOW Inc. Q4 revenue $547M, EPS $0.28; FY revenue up 31% to $2.13B
Q4 revenue $547M; net income $32M ($0.28 diluted EPS); non-GAAP EPS $0.25.
NOW Inc. amends credit agreement to replace LIBOR with SOFR, raise L/C sublimit
Replaces LIBOR with SOFR plus 0.10% credit spread adjustment as interest rate benchmark.
NOW Inc. Q3 2022 revenue $577M, net income $40M, EPS $0.35; zero debt
Revenue $577M; net income $40M; diluted EPS $0.35.
NOW Inc. Q2 revenue $539M, EPS $0.23; authorizes $80M share buyback
Revenue $539M, net income $26M, diluted EPS $0.23; non-GAAP EPS $0.26.
NOW Inc. annual meeting results: all directors elected, auditor ratified, Say-on-Pay approved
Five directors re-elected with 87.5M to 92.4M votes for; no broker non-votes on director elections (8.4M).
NOW Inc. Q1 2022: Rev $473M, EPS $0.27; raises FY22 revenue growth guidance to 20%
Revenue $473M, net income $30M ($0.27 diluted EPS); non-GAAP EPS $0.14.
NOW Inc. Q4 2021 revenue $432M, net income $12M, EBITDA $17M, zero debt
Revenue $432M for Q4 2021; net income $12M ($0.11 diluted EPS); non-GAAP net income $8M ($0.07).
NOW Inc. amends credit facility; lowers cash dominion trigger, updates collateral terms
First Amendment dated Dec 14, 2021 reduces Cash Dominion Event trigger to greater of 10% of Line Cap or $40M.
NOW Inc. amends credit facility: $500M revolver extended to Dec 2026, accordion to $750M
Extended maturity of senior secured credit facility to December 14, 2026, with a $500 million global revolving credit facility.
NOW Inc. enters employment agreement with Rocio Surratt; renames committee to ESGN
Employment agreement with Rocio Surratt includes base salary, annual bonus, and equity awards.
NOW Inc. Q3 rev $439M, EPS $0.05; EBITDA $15M; sees FY21 EBITDA up ~$90M
Revenue $439M, 10% sequential growth; net income $5M, diluted EPS $0.05.
NOW Inc. appoints Sonya Reed to board; Wayne Richards resigns
Sonya Reed, SVP HR/Comm at Phillips 66, elected independent director effective Aug 11, 2021.
NOW Inc. reports Q2 2021 revenue $400M, net loss $2M, zero debt
Revenue $400M, sequential growth 11%; record gross margins.
On March 24, 2023, the Board of Directors (the “Board”) of NOW Inc. (the “Company”) elected Karen David-Green as an independent member of the Board, effective March 24, 2023.
On August 10, 2021, Wayne Richards resigned from the Board.
elected Sonya Reed as an independent member of the Board, effective August 11, 2021.
Max materiality 0.90 · Median 0.70 · Most common event earnings