Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.11B | $2.65B | $3.13B | $2.95B | $1.62B | $1.63B | $2.14B | $2.32B | $2.37B | $2.82B |
| Revenue growth | — | 25.7% | 18.1% | -5.6% | -45.1% | 0.8% | 30.9% | 8.7% | 2.2% | 18.8% |
| Gross profit | — | — | — | — | — | — | — | $539M | $531M | $478M |
| Gross margin | — | — | — | — | — | — | — | 23.2% | 22.4% | 17.0% |
| Operating income | -$222M | -$41.0M | $73.0M | -$83.0M | -$420M | $9.00M | $131M | $144M | $109M | -$93.0M |
| Operating margin | -10.5% | -1.5% | 2.3% | -2.8% | -25.9% | 0.6% | 6.1% | 6.2% | 4.6% | -3.3% |
| Net income | -$234M | -$52.0M | $52.0M | -$97.0M | -$427M | $5.00M | $128M | $250M | $78.0M | -$89.0M |
| Net margin | -11.1% | -2.0% | 1.7% | -3.3% | -26.4% | 0.3% | 6.0% | 10.8% | 3.3% | -3.2% |
| EPS (diluted) | -$2.18 | -$0.48 | $0.47 | -$0.89 | -$3.91 | $0.05 | $1.13 | $2.27 | $0.71 | -$0.76 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $235M | -$115M | $73.0M | $224M | $189M | $30.0M | $0.00 | $188M | $298M | $155M |
| Capital expenditures | $4.00M | $4.00M | $11.0M | $12.0M | $8.00M | $5.00M | $9.00M | $17.0M | $9.00M | $21.0M |
| Free cash flow | $231M | -$119M | $62.0M | $212M | $181M | $25.0M | -$9.00M | $171M | $289M | $134M |
| Share buybacks | — | — | — | — | $0.00 | $0.00 | $7.00M | $50.0M | $23.0M | $37.0M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $106M | $98.0M | $116M | $183M | $387M | $313M | $212M | $299M | $256M | $164M |
| Total assets | $1.60B | $1.75B | $1.79B | $1.59B | $1.01B | $1.10B | $1.32B | $1.53B | $1.62B | $3.92B |
| Total liabilities | $420M | $564M | $581M | $447M | $309M | $392M | $476M | $466M | $493M | $1.69B |
| Long-term debt | $65.0M | $162M | $132M | — | — | — | — | — | $0.00 | $411M |
| Shareholders' equity | $1.18B | $1.19B | $1.21B | $1.14B | $699M | $711M | $842M | $1.06B | $1.12B | $2.23B |
| Retained earnings | -$678M | -$730M | -$678M | -$775M | -$1.21B | -$1.20B | -$1.07B | -$828M | -$747M | -$836M |
| Shares (wtd avg diluted) | 107M | 108M | 109M | 109M | 109M | 110M | 111M | 108M | 107M | 118M |
Every figure is extracted from DNOW Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.