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DNOW Inc.

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

DNOW$13.94+5.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

CONSOLIDATED STATEMENTS OF OPERATIONS

(In millions, except per share data)

Year Ended December 31,
20252024 (Revised)2023 (Revised)
Revenue$2,820$2,373$2,321
Cost of products2,3421,8421,782
Gross profit478531539
Selling, general and administrative expenses559416395
Impairment and other charges126—
Operating (loss) profit(93)109144
Other (expense) income(7)1(2)
(Loss) income before income taxes(100)110142
Income tax (benefit) provision(12)31(109)
Net (loss) income(88)79251
Net income attributable to noncontrolling interest111
Net (loss) income attributable to DNOW Inc.$(89)$78$250
(Loss) earnings per share attributable to DNOW Inc. stockholders:
Basic$(0.76)$0.72$2.29
Diluted$(0.76)$0.71$2.27
Weighted-average common shares outstanding, basic118106107
Weighted-average common shares outstanding, diluted118107108
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.