Now Inc (DNOW)
NYSE:DNOW
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.1Last Year’s EPS
0.27Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced clear near-term challenges (ERP disruptions, pressure on MRC Global U.S. revenues, compressed margins, Q1 GAAP loss and working capital drain) with meaningful progress and actionable remedies (ERP stabilization, Permian SAP migration unlocking ~$40M inventory, raised synergy pace, acquisitive expansion with Edge Controls, opportunistic buybacks, and mid- to long-term growth opportunities in midstream, gas utilities and data centers). Management provided quantified remediation costs and cash generation targets ($100M–$200M OCF guidance) and reiterated a constructive multi-year view (normalized margin and EBITDA improvement expected into 2027). Overall the positives (stabilization milestones, tangible inventory unlock, upgraded synergy cadence, strategic tuck-in M&A and buybacks) offset but did not yet fully eclipse current financial headwinds, leaving the tone cautiously constructive but still transitional.Company Guidance
Combined Company Revenue Growth (Quarterly)
Total revenue for Q1 2026 was $1.2 billion, up 23% QoQ (+$224 million) driven by a full-quarter contribution from MRC Global.
ERP Stabilization Progress & Permian Migration
MRC Global U.S. ERP platform has stabilized to support consistent daily operations; all Permian locations migrated to DNOW SAP as of late April, unlocking approximately $40 million of additional inventory for fulfillment and service.
Raised Synergy Realization Pace
Increased expected annualized near-term synergy run rate to approximately $30 million (up from ~$17 million timing expectation); 3-year annualized synergy target remains $70 million.
Capital Return Activity
Repurchased $50 million of stock in Q1 (retiring 4.2M shares); total repurchases to date $87 million (54% of $160M authorization) and $167 million since late 2022, reflecting opportunistic buybacks at lower prices.
Acquisition & Product Expansion
Completed acquisition of Edge Controls (26th acquisition) to expand automation and control capabilities and broaden Process Solutions addressable market into data centers, industrial and infrastructure end markets.
Near-Term Revenue Opportunities — Data Centers
Early traction in data center market with orders largely secured and expected shipments this year in the ~$30 million range, with upside as program develops.
Full-Year Guidance & Improving EBITDA Outlook
Management expects Q2 revenue to be up sequentially mid- to high-single digits; full-year 2026 revenue to approach ~$5 billion and EBITDA margin to approach ~4.5%; Q2 EBITDA flow-through to revenue growth expected near ~25% (above historical 10–15%).
Working Capital & Cash Generation Targets
Company estimates potential inventory reduction of ~$100 million by year-end and at least ~$50 million potential cash improvement from accounts receivable improvements; full-year 2026 operating cash flow outlook $100M–$200M.
DNOW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DNOW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $13.50 | $13.05 | -3.33% |
Feb 20, 2026 | $16.36 | $13.23 | -19.13% |
Sep 30, 2025 | $15.24 | $15.25 | +0.07% |
Aug 06, 2025 | $15.24 | $14.10 | -7.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Now Inc (DNOW) report earnings?
Now Inc (DNOW) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Now Inc (DNOW) earnings time?
Now Inc (DNOW) earnings time is at Aug 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DNOW EPS forecast?
DNOW EPS forecast for the fiscal quarter 2026 (Q2) is 0.1.