Quarterly ResultAug 6, 2026, 06:46 AM
DNOW Q2 Revenue $1.31B, Adj. EBITDA $60M; $133M Operating Cash Flow
AI Summary
DNOW Inc. announced strong second-quarter 2026 results, with revenue reaching $1,307 million and adjusted EBITDA increasing 54% sequentially to $60 million. The company achieved a record $133 million in cash flow from operating activities, driven by improved collections and inventory streamlining. Despite a GAAP net loss of $21 million, adjusted net income was $21 million, and DNOW repurchased $25 million of common stock in the quarter, bringing year-to-date repurchases to $75 million.
Key Highlights
- Q2 2026 revenue was $1,307 million, a 10% sequential increase.
- Adjusted EBITDA rose 54% sequentially to $60 million.
- Cash flow from operating activities reached a record $133 million for Q2.
- Net loss attributable to DNOW Inc. was $21 million, or ($0.11) per diluted share.
- Adjusted net income attributable to DNOW Inc. was $21 million, or $0.12 per diluted share.
- Repurchased $25 million of common stock in Q2, totaling $75 million year-to-date.
- U.S. segment revenue increased 13% sequentially.
- Net debt leverage ratio improved to 1.7x at June 30, 2026.
Price Impact
More from DNOW