DNOW — Third Quarter 2026 Earnings Summary

DNOW Inc. reported third-quarter 2026 revenue of $1.337 billion, representing a significant increase from the prior year period. The company achieved net income of $26 million, or $0.14 per diluted share, alongside an adjusted net income of $34 million and adjusted EBITDA of $76 million. Operating cash flow was strong at $120 million, driven by improvements in working capital velocity, which allowed the company to reduce its net debt leverage ratio to 1.1 times. Additionally, DNOW repurchased $17 million of common stock during the quarter, bringing year-to-date buybacks to $92 million.