DNOW Inc. filings document operating results, governance matters, capital structure, and material events for an energy and industrial solutions distributor listed on the New York Stock Exchange under the DNOW symbol. Recent 8-K reports furnish earnings releases and conference-call materials, while proxy disclosures cover board governance, shareholder voting matters, compensation, and related annual-meeting information.
The filing record also documents completed acquisition activity, including MRC Global financial statements and pro forma combined financial information filed by amendment after the transaction closed. Other material-event disclosures cover credit agreements, debt financing, share repurchase authorization context, registered common stock, director succession matters, and exhibits supporting financial and corporate disclosures.
NOW Inc. Schedule 13G/A amendment shows affiliated Wellington entities report beneficial ownership of 16,879,174 shares, representing 9.06% of common stock as disclosed in Item 4. The filing lists shared voting power of 13,301,543 and shared dispositive power of 16,879,174 as of 03/31/2026.
DNOW Inc. reported a sharp scale-up and a profit swing in the quarter ended March 31, 2026. Revenue nearly doubled to $1.18 billion from $599 million, mainly from the late‑2025 acquisition of MRC Global, with U.S. sales rising to $985 million.
Despite this growth, gross margin compressed to 16.3% and inventory-related transaction charges plus higher costs under the LIFO method pushed operating results to a $50 million loss and a $44 million net loss, versus prior‑year profit. Adjusted EBITDA declined to $39 million, while operating cash flow turned to a $95 million use, alongside higher debt and a $50 million share repurchase and a $46 million Edge Controls acquisition.
DNOW Inc. reported first quarter 2026 results showing strong revenue but a GAAP loss driven by special charges. Revenue was $1,183 million. Gross profit was $193 million, or 16.3% of revenue, while adjusted gross profit was $256 million, or 21.6%, after adding back items such as amortization, LIFO impacts and inventory-related transaction charges.
The company posted a net loss attributable to DNOW of $44 million, or ($0.24) per diluted share, but on an adjusted basis reported $3 million of net income, or $0.01 per diluted share. Adjusted EBITDA was $39 million, or 3.3% of revenue.
DNOW used cash in operating activities of $95 million and ended March 31, 2026 with $116 million of cash and cash equivalents and $571 million of long-term debt, resulting in a net debt leverage ratio of 2.3x. The company repurchased $50 million of common stock under its $160 million program and completed the $46 million acquisition of Edge Controls to expand automation and controls capabilities.
DNOW Inc ownership filing: Vanguard Capital Management reports beneficial ownership of 9,714,361 shares of DNOW common stock, representing 5.21% of the class as of 03/31/2026. The filer discloses sole dispositive power over all 9,714,361 shares and sole voting power for 1,382,802 shares.
DNOW Inc reported that Vanguard Portfolio Management beneficially owned 10,495,011 shares of Common Stock, representing 5.63% of the class. The filing states Vanguard has sole dispositive power over 10,495,011 shares and sole voting power for 71,458 shares. The disclosure describes holdings on behalf of Vanguard funds and affiliated advisory units and is signed by Vanguard's Head of Global Fund Administration on 04/29/2026.
DNOW Inc. is asking shareholders to vote at its May 20, 2026 annual meeting on three items: electing nine directors for one-year terms, ratifying KPMG LLP as 2026 independent auditors, and approving executive pay on an advisory basis.
The proxy details DNOW’s November 6, 2025 acquisition of MRC Global, where each MRC Global share was converted into 0.9489 DNOW shares, and describes expected strategic, operational and financial benefits. The board is led by an independent chair, is majority independent and includes two former MRC Global directors. DNOW highlights extensive committee oversight of audit, compensation, ESG and cybersecurity, plus use of non-GAAP metrics with reconciliations in its 2025 Form 10-K.
The company reports about 5,300 employees as of December 31, 2025, emphasizes succession planning, safety, ESG initiatives and shareholder engagement, and discloses workforce diversity data for its U.S. operations.
DNOW Inc: The Vanguard Group filed Amendment No. 12 to its Schedule 13G/A reporting no beneficial ownership of DNOW common stock. The filing states 0 shares and 0% ownership and explains an internal realignment effective January 12, 2026 under SEC Release No. 34-39538, with certain Vanguard subsidiaries reporting separately.
DNOW Inc. VP and Chief Accounting Officer Gillian Anderson reported a disposition of 834 shares of common stock at $11.29 per share on March 12, 2026. The shares were withheld from the vesting of restricted stock to cover tax obligations, and she now directly holds 69,597 shares.
DNOW Inc. reported that Board member Rodney Eads has informed the company he will not stand for reelection at the 2026 annual meeting of stockholders. He will leave the Board when his current term expires at that meeting.
The company explicitly states that Mr. Eads’ decision is not due to any disagreement with DNOW or its affiliates regarding operations, policies, or practices. The Board expressed appreciation for his dedicated service.