DNOW Inc. (DNOW) stock
DNOWNYSEOil & Gas Field Machinery & EquipmentFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 8/3011% below fair value
$13.90−0.02 (-0.14%)
Close on Nov 13, 2026Market cap $2.51BP/E –Yield –
DNOW gross margin
Gross margin is gross profit as a percentage of revenue.
DNOW's gross margin for the twelve months ending Sep 30, 2026 was 16.1%. For fiscal 2025 it was 17.0%, against 22.4% the year before. The highest annual figure on record is 23.7% in fiscal 2022.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 17.0% | −5.4 |
| FY2024 | Dec 31, 2024 | 22.4% | −0.8 |
| FY2023 | Dec 31, 2023 | 23.2% | −0.5 |
| FY2022 | Dec 31, 2022 | 23.7% | +1.8 |
| FY2021 | Dec 31, 2021 | 21.9% | +3.8 |
| FY2020 | Dec 31, 2020 | 18.0% | −1.8 |
| FY2019 | Dec 31, 2019 | 19.9% | −0.3 |
| FY2018 | Dec 31, 2018 | 20.1% | +1.2 |
| FY2017 | Dec 31, 2017 | 18.9% | +2.5 |
| FY2016 | Dec 31, 2016 | 16.4% | −0.3 |
| FY2015 | Dec 31, 2015 | 16.7% | −3.3 |
| FY2014 | Dec 31, 2014 | 20.0% | +1.4 |
| FY2013 | Dec 31, 2013 | 18.6% | +0.7 |
| FY2012 | Dec 31, 2012 | 17.9% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 19.8% | −2.7 |
| Q2 FY2026 | Jun 30, 2026 | 18.6% | −1.9 |
| Q1 FY2026 | Mar 31, 2026 | 16.3% | −6.7 |
| Q4 FY2025 | Dec 31, 2025 | 7.1% | −15.5 |
| Q3 FY2025 | Sep 30, 2025 | 22.6% | +0.3 |
| Q2 FY2025 | Jun 30, 2025 | 20.5% | −1.3 |
| Q1 FY2025 | Mar 31, 2025 | 23.0% | +0.1 |
| Q4 FY2024 | Dec 31, 2024 | 22.6% | −1.6 |
| Q3 FY2024 | Sep 30, 2024 | 22.3% | −0.5 |
| Q2 FY2024 | Jun 30, 2024 | 21.8% | −0.8 |
| Q1 FY2024 | Mar 31, 2024 | 22.9% | −0.5 |
| Q4 FY2023 | Dec 31, 2023 | 24.1% | +0.0 |
| Q3 FY2023 | Sep 30, 2023 | 22.8% | −1.3 |
| Q2 FY2023 | Jun 30, 2023 | 22.6% | −1.2 |
| Q1 FY2023 | Mar 31, 2023 | 23.5% | +0.8 |
| Q4 FY2022 | Dec 31, 2022 | 24.1% | +0.8 |
| Q3 FY2022 | Sep 30, 2022 | 24.1% | +2.2 |
| Q2 FY2022 | Jun 30, 2022 | 23.7% | +2.5 |
| Q1 FY2022 | Mar 31, 2022 | 22.6% | +1.8 |
| Q4 FY2021 | Dec 31, 2021 | 23.4% | +9.3 |
| Q3 FY2021 | Sep 30, 2021 | 21.9% | +2.8 |
| Q2 FY2021 | Jun 30, 2021 | 21.3% | +2.9 |
| Q1 FY2021 | Mar 31, 2021 | 20.8% | +1.4 |
| Q4 FY2020 | Dec 31, 2020 | 14.1% | −5.5 |
| Q3 FY2020 | Sep 30, 2020 | 19.0% | −1.0 |
| Q2 FY2020 | Jun 30, 2020 | 18.4% | −1.3 |
| Q1 FY2020 | Mar 31, 2020 | 19.4% | −0.8 |
| Q4 FY2019 | Dec 31, 2019 | 19.6% | −1.0 |
| Q3 FY2019 | Sep 30, 2019 | 20.0% | −0.5 |
| Q2 FY2019 | Jun 30, 2019 | 19.7% | −0.5 |
| Q1 FY2019 | Mar 31, 2019 | 20.1% | +0.8 |
| Q4 FY2018 | Dec 31, 2018 | 20.5% | +1.4 |
| Q3 FY2018 | Sep 30, 2018 | 20.4% | +1.1 |
| Q2 FY2018 | Jun 30, 2018 | 20.2% | +1.2 |
| Q1 FY2018 | Mar 31, 2018 | 19.4% | +1.3 |
| Q4 FY2017 | Dec 31, 2017 | 19.1% | +2.8 |
| Q3 FY2017 | Sep 30, 2017 | 19.4% | – |
| Q2 FY2017 | Jun 30, 2017 | 19.0% | – |
| Q1 FY2017 | Mar 31, 2017 | 18.1% | – |
| Q4 FY2016 | Dec 31, 2016 | 16.4% | – |
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