AI brief of an SEC Form 8-K · NOW (DNOW)

DNOW Q3 net income rises to $25 million, $0.23 a share; revenue hits $634 million

Positive Impact 3 of 5 earnings Written later

DNOW reported third-quarter 2025 results with revenue of $634 million, up from $606 million a year earlier, and net income attributable to DNOW Inc. of $25 million, or $0.23 per diluted share, versus $0.12 a year earlier. The company also reiterated that its all-stock merger with MRC Global, valued at about $1.5 billion, is expected to close in the fourth quarter of 2025, and said it is forecasting its best full-year EBITDA as a public company.

Key points

  • Revenue was $634 million for the quarter ended September 30, 2025, compared with $606 million in the same quarter of 2024.
  • EBITDA excluding other costs was $51 million, or 8.0% of revenue, compared with $42 million, or 6.9%, a year earlier.
  • Cash and cash equivalents were $266 million and long-term debt was zero at September 30, 2025.
  • The MRC Global merger, announced June 26, 2025, is expected to close in the fourth quarter of 2025, subject to closing conditions.

The filing

CompanyNOW (DNOW)
Form8-K, current report
Filed with the SECNov 5, 2025, 6:54 AM ET
Accession number0001193125-25-265677

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.