← DNOW Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $2.1b $2.6b $3.1b $3.0b $1.6b $1.6b $2.1b $2.3b $2.4b $2.8b
Cost of Revenue $1.8b $2.1b $2.5b $2.4b $1.3b $1.3b $1.6b $1.8b $1.8b $2.3b
Gross Profit (derived) $345.0m $501.0m $630.0m $586.0m $292.0m $357.0m $506.0m $539.0m $531.0m $478.0m
Operating Expenses $567.0m $542.0m $557.0m — — — — — — —
Operating Income (Loss) ($222.0m) ($41.0m) $73.0m ($83.0m) ($420.0m) $9.0m $131.0m $140.0m $113.0m ($93.0m)
Additional Financial Items
Amortization of Intangible Assets $21.0m $22.0m $20.0m $19.0m $4.0m $2.0m $2.0m $5.0m $7.0m $11.0m
Foreign Currency Transaction Gain (Loss), Realized ($1.0m) ($2.0m) ($2.0m) ($1.0m) $2.0m ($1.0m) ($2.0m) ($1.0m) ($1.0m) ($2.0m)
Goodwill, Impairment Loss — — — $81.0m $230.0m $0 — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($206.0m) ($64.0m) $39.0m ($12.0m) ($289.0m) ($9.0m) $108.0m $106.0m $97.0m ($114.0m)
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic — — $1.0m — — — $2.0m $4.0m $1.0m $0
Impairment and other charges — — — $128.0m $321.0m $7.0m $10.0m $0 $6.0m $12.0m
Operating (loss) profit ($222.0m) ($41.0m) $73.0m ($83.0m) ($420.0m) $9.0m $131.0m $140.0m $113.0m ($93.0m)
Income tax (benefit) provision $4.0m — $6.0m $4.0m ($3.0m) $7.0m $10.0m ($110.0m) $32.0m ($12.0m)
Net (loss) income — — — — ($427.0m) $5.0m $129.0m $248.0m $82.0m ($88.0m)
Net (loss) income attributable to DNOW Inc. ($234.0m) ($52.0m) $52.0m ($97.0m) ($427.0m) $5.0m $128.0m $247.0m $81.0m ($89.0m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($230.0m) ($52.0m) $58.0m ($93.0m) ($430.0m) $12.0m $139.0m $138.0m $114.0m ($100.0m)
(Loss) income before income taxes ($230.0m) ($52.0m) $58.0m ($93.0m) ($430.0m) $12.0m $139.0m $138.0m $114.0m ($100.0m)
Net Income (Loss) Attributable to Parent ($234.0m) ($52.0m) $52.0m ($97.0m) ($427.0m) $5.0m $128.0m $247.0m $81.0m ($89.0m)
Net Income (Loss) Available to Common Stockholders, Basic — — $51.0m ($97.0m) ($427.0m) ($5.0m) $126.0m $243.0m $80.0m ($89.0m)
Net Income (Loss) Attributable to Noncontrolling Interest — — — — $0 $0 $1.0m $1.0m $1.0m $1.0m
Net income attributable to noncontrolling interest — — — — $0 $0 $1.0m $1.0m $1.0m $1.0m
Earnings Per Share, Basic ($2.18) ($0.48) $0.47 ($0.89) ($3.91) $0.05 $1.14 $2.26 $0.75 ($0.76)
Earnings Per Share, Diluted ($2.18) ($0.48) $0.47 ($0.89) ($3.91) $0.05 $1.13 $2.24 $0.74 ($0.76)
Weighted Average Number of Shares Outstanding, Basic 107.4m 107.7m 108.3m 108.8m 109.4m 110.4m 110.7m 107.4m 106.4m 117.9m
Weighted-average common shares outstanding, basic 107.4m 107.7m 108.3m 108.8m 109.4m 110.4m 110.7m 107.4m 106.4m 117.9m
Weighted-average common shares outstanding, diluted 107.4m 107.7m 108.6m 108.8m 109.4m 110.5m 111.2m 108.4m 107.1m 117.9m
Weighted Average Number of Shares Outstanding, Diluted 107.4m 107.7m 108.6m 108.8m 109.4m 110.5m 111.2m 108.4m 107.1m 117.9m
Selling, General and Administrative Expense — — — — — — — — — $559.0m
Selling, general and administrative expenses — — — — — — — $395.0m $416.0m $559.0m
Other Nonoperating Income (Expense) ($8.0m) ($11.0m) ($15.0m) ($10.0m) ($10.0m) $3.0m $8.0m ($2.0m) $1.0m ($7.0m)
Operating Lease, Expense — — — — — — — — — $24.0m
Cost of products $1.8b $2.1b $2.5b $2.4b $1.3b $1.3b $1.6b $1.8b $1.8b $2.3b
Other expense ($8.0m) ($11.0m) ($15.0m) ($10.0m) ($10.0m) $3.0m $8.0m ($2.0m) $1.0m ($7.0m)
Income Tax Expense (Benefit) $4.0m — $6.0m $4.0m ($3.0m) $7.0m $10.0m ($110.0m) $32.0m ($12.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.