DNOW Earnings Meet Expectations as Revenue Rises 68%

The oil and gas distributor reported Q4 2025 results, with earnings per share of $0.15 matching consensus estimates.

Published on Mar. 1, 2026

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DNOW (NYSE:DNOW), a global distributor of energy and industrial products, reported its Q4 2025 earnings results on Friday. The company posted earnings per share of $0.15, in line with analyst expectations, on revenue of $959 million, up 68% year-over-year. DNOW's return on equity was 9.35% and it had a net margin of 3.91% for the quarter.

Why it matters

DNOW's results reflect the continued recovery in the oil and gas industry, which is a key end market for the company's products and services. As a distributor, DNOW's performance provides insight into broader industry trends and demand.

The details

DNOW reported Q4 2025 earnings of $0.15 per share, matching the consensus estimate. Revenue for the quarter was $959 million, up 68% compared to the same period in the prior year. The company's return on equity was 9.35% and it had a net margin of 3.91%.

  • DNOW reported its Q4 2025 earnings results on Friday, February 20, 2026.
  • The company's revenue was up 68% on a year-over-year basis compared to Q4 2024.

The players

DNOW

A global distributor of energy and industrial products, serving end-markets including oil and gas, petrochemical, power generation, and industrial manufacturing.

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The takeaway

DNOW's Q4 2025 results demonstrate the continued recovery in the oil and gas industry, which is a key market for the company's products and services. As a distributor, DNOW's performance provides insight into broader industry trends and demand.