DNOW Q2 revenue rises to $1.3 billion, but swings to $21 million net loss
DNOW reported second-quarter 2026 results with revenue of $1.3 billion, up from $628 million a year earlier and 10% above the first quarter. The company posted a net loss attributable to DNOW Inc. of $21 million, or $0.11 per diluted share, compared with net income of $0.13 per diluted share a year earlier, while adjusted EBITDA rose to $60 million. Shareholders also saw $75 million of share repurchases in the first half of 2026 under a $160 million program.
Key points
- Q2 2026 revenue was $1,307 million, versus $628 million in Q2 2025 and $1,183 million in Q1 2026.
- Net loss attributable to DNOW Inc. was $21 million, or $(0.11) per diluted share; adjusted net income was $21 million, or $0.12 per diluted share.
- Adjusted EBITDA was $60 million, or 4.6% of revenue, up from $51 million a year earlier.
- Operating cash flow was $133 million; the company repurchased $25 million of stock in Q2 and $75 million year-to-date under its $160 million program.
The filing
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 August 06, 2026.
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.