DNOW Inc.
For the period ended Mar 31, 2026. Filed May 7, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 7, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Variable Interest Entities (“VIE”)
The Company conducts certain operations through contractual arrangements with certain entities that are considered VIEs. The Company is the primary beneficiary and consolidates the VIEs as it has the power to direct the activities that most significantly affect the VIEs’ economic performance and has the obligation to absorb the VIEs’ losses or the right to receive benefits. For the three months ended March 31, 2026, net loss attributable to noncontrolling interests wasless than $1 million and for thethree months ended March 31, 2025, net income attributable to noncontrolling interests was approximately$1 million.
The assets of the VIEs can only be used to settle its own obligations and its creditors have no recourse to the Company’s assets. As of March 31, 2026 and December 31, 2025, the VIEs’ assets were primarily current assets of$20 million and$24 million, respectively, and the liabilities were primarily current liabilities of$5 million and$8 million, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.