DNOW · DNOW Inc.
Price & Indicators
Up next
Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. DNOW delivered a sharp sequential improvement in Q2 2026 with revenue up 10% (U.S. up 13%), adjusted EBITDA up 54% to $60M, and a record $133M of operating cash flow, while raising full-year 2026 revenue guidance to approximately $5–$5.1 billion and EBITDA margin to approach 4.5%, though GAAP results remained in a $21M net loss with continued ERP-related costs and Middle East geopolitical headwinds.
- + Adjusted EBITDA jumped 54% sequentially to $60M (4.6% margin), a 130 bps margin improvement.
- + Full-year 2026 revenue guidance raised to approximately $5–$5.1B and EBITDA margin to approach 4.5%, above prior guide.
- + Year-one synergy run-rate tracking to ~$30M, significantly exceeding the original $17M estimate, with $70M three-year target intact.
- − Q2 GAAP net loss attributable to DNOW of $21M ($0.11 per diluted share).
- − Downstream revenue declined $12M sequentially due to weak chemical processing and a non-repeating project.
- − Middle East geopolitical instability has slowed customer workforce deployment, bidding, and capital spending.
- − Full-year 2026 implied guidance points to a sequential Q4 revenue decline despite momentum.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Diluted Earnings Per Share Attributable to DNOW Inc. Stockholders non-GAAP | $0.13 | Six months ended June 30 | — |
| Adjusted EBITDA non-GAAP | $99M | Six months ended June 30 | — |
| Adjusted EBITDA as a percentage of revenue non-GAAP | 4.6% | Q2 2026 | — |
| Adjusted gross profit non-GAAP | $272M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Gross profit, as reported 243M
+7M Amortization of intangibles
+19M Increase in LIFO reserve
+3M Inventory-related transaction charges
= Adjusted Gross Profit 272M
|
|||
| Adjusted gross profit as a percentage of revenue non-GAAP | 20.8% | Q2 2026 | — |
| Adjusted Net Income Attributable to DNOW Inc. non-GAAP | $24M | Six months ended June 30 | — |
| Free Cash Flow non-GAAP | $21M | Six months ended June 30 | — |
| Net Debt non-GAAP | $360M | June 30 | — |
| Share repurchases | $25M | Q2 2026 | — |
| Share repurchases year-to-date | $75M | Six months ended June 30, 2026 | — |
| Trailing twelve months Adjusted EBITDA non-GAAP | $211M | June 30 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Industrial Distribution — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
DNOW
this stock
DNOW Inc.
|
$2.79B | +20.0% | +25.7% | — | 5.3% |
|
GWW
W.W. Grainger, Inc.
|
$58.55B | +27.5% | +4.5% | 31.7 | 2.2% |
|
FAST
Fastenal Co
|
$57.87B | +26.3% | +8.7% | 43.1 | 3.1% |
|
FERG
Ferguson Enterprises Inc. /DE/
|
$43.09B | +0.1% | +0.3% | — | 3.0% |
|
WCC
Wesco International Inc
|
$17.91B | +54.1% | +2.2% | 25.4 | 3.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| DNOW | -1.5% | -1.4% | +32.9% | +2.6% | +20.0% |
| SPY | +1.2% | +0.6% | +11.6% | +1.6% | +13.6% |
| vs SPY | -2.7% | -2.0% | +21.4% | +1.0% | +6.4% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.