DNOW DNOW Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Downstream And Industrial | $233M— | —— | —— | —— | $47M-7.8% | |
| Gas Utilities | $269M— | —— | —— | —— | $8M-23.8% | |
| Midstream | $213M— | —— | —— | —— | $125M+10.6% | |
| Upstream | $468M— | —— | —— | —— | $419M+0.1% | |
| Revenue by Geography | ||||||
| CA | $51M0.0% | $51M-3.8% | $53M+10.4% | $48M-22.6% | $62M-6.1% | |
| International | $147M+2.8% | $143M+165% | $54M+3.8% | $52M-17.5% | $63M+16.7% | |
| US | $985M+28.8% | $765M+45.2% | $527M-0.2% | $528M+11.4% | $474M+5.1% | |
| Gross Profit by Geography | ||||||
| CA | $12M— | —— | —— | —— | $16M0.0% | |
| International | $35M— | —— | —— | —— | $12M+2.1% | |
| US | $146M— | —— | —— | —— | $110M+4.8% | |
| Operating Income by Geography | ||||||
| CA | $1M-50.0% | $2M0.0% | $2M— | $0-100% | $4M-20.0% | |
| International | $3M— | —— | $3M+50.0% | $2M-50.0% | $4M-20.0% | |
| US | -$54M+71.0% | -$186M-764% | $28M-6.7% | $30M+42.9% | $21M+40.0% | |
| Total Assets by Geography | ||||||
| CA | $139M-16.3% | $166M-4.6% | $174M-2.2% | $178M+0.6% | $177M0.0% | |
| International | $485M-9.5% | $536M+280% | $141M-8.4% | $154M-6.1% | $164M+13.1% | |
| US | $3.3B+2.5% | $3.22B+140% | $1.35B+1.2% | $1.33B+1.5% | $1.31B+0.8% | |
| Selling General And Administrative Expense by Geography | ||||||
| CA | $11M— | —— | —— | —— | $12M-5.9% | |
| International | $32M— | —— | —— | —— | $8M-11.1% | |
| US | $200M— | —— | —— | —— | $89M+8.2% | |
| PP&E (Net) by Geography | ||||||
| CA | $9M-10.0% | $10M0.0% | $10M0.0% | $10M0.0% | $10M-9.1% | |
| International | $16M-5.9% | $17M+70.0% | $10M0.0% | $10M-9.1% | $11M0.0% | |
| US | $236M-0.4% | $237M+83.7% | $129M-3.0% | $133M-0.7% | $134M-0.7% | |
| Cost of Goods Sold by Geography | ||||||
| CA | $39M0.0% | $39M0.0% | $39M+8.3% | $36M-21.7% | $46M-4.2% | |
| International | $112M-6.7% | $120M+179% | $43M+4.9% | $41M-19.6% | $51M+24.4% | |
| US | $839M+11.9% | $750M+84.3% | $407M0.0% | $407M+11.8% | $364M+3.1% | |
| D&A by Geography | ||||||
| CA | $0-100% | $1M— | $0— | $0-100% | $1M— | |
| International | $1M— | $0-100% | $1M— | $0— | $0— | |
| US | $22M+15.8% | $19M+90.0% | $10M0.0% | $10M0.0% | $10M0.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does DNOW break its business down?
- DNOW (DNOW) reports revenue by business across 4 parts — Downstream And Industrial, Gas Utilities, Midstream and Upstream. Each is extracted from the segment footnotes and tracked over time.
- Where does DNOW's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in DNOW's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
