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DNOW DNOW US — Operating Income

Other geography segments

CA
$4M

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Other financials

Income statement

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Revenue$1.2B+97.5%
Gross profit$193.0M+39.9%
Operating income-$50.0M-272%
Net income-$44.0M-310%
EPS (diluted)-$0.24-226%

Balance sheet

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Cash & equivalents$116.0M-47.0%
Total debt$737.0M+1,698%
Total equity$2.1B+87.7%
Total assets$3.9B+138%

Cash flow

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Operating cash flow-$95.0M-494%
CapEx$8.0M+33.3%
Free cash flow-$103.0M-368%

Valuation

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Market cap$2.45B+22.9%
Enterprise value$3.07B+74.6%
P/S0.7×-0.1×

Profitability

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Gross margin15.6%-6.8pp
Operating margin-5.1%-9.6pp
Net margin-4.6%-7.8pp
FCF margin1.6%-6.2pp

Returns & leverage

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Return on equity-9.5%-16.5pp
Debt / equity0.3×+0.3×
Current ratio2.4×+0.1×

Where this comes from

Reported directly by DNOW in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: DNOW’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DNOW's US — operating income?
DNOW (DNOW) reported US — operating income of -$54M in Q1 2026.
How has DNOW's US — operating income changed year-over-year?
DNOW's US — operating income decreased by 357.1% year-over-year, from $21M to -$54M.
What is the long-term trend for DNOW's US — operating income?
Over 3 years (2022 to 2025), DNOW's US — operating income has grown at a 1.3% compound annual growth rate (CAGR), from $103M to -$107M.
What does US — operating income mean?
Operating income or loss reflects the profitability of the US segment after accounting for both the direct costs of goods sold and the indirect operating expenses. It serves as a key performance indicator for the core operational health and management effectiveness of the domestic business unit.