HOUSTON--(BUSINESS WIRE)--Nov. 5, 2025-- DNOW Inc. (NYSE: DNOW) announced results for the third quarter ended September 30, 2025.
Merger Agreement with MRC Global Inc. (NYSE: MRC)
- On June 26, 2025, DNOW and MRC Global jointly announced a definitive merger agreement under which DNOW will acquire MRC Global in an all-stock transaction valued at approximately $1.5 billion.
- The transaction was unanimously approved by both the DNOW and MRC Global boards of directors and is currently anticipated to close in the fourth quarter of 2025, subject to the satisfaction or waiver of closing conditions.
Third Quarter 2025 Highlights
- Revenue was $634 million
- Net income attributable to DNOW Inc. was $25 million, or $0.23 per diluted share
- Non-GAAP net income attributable to DNOW Inc. excluding other costs was $28 million, or $0.26 per diluted share
- EBITDA excluding other costs was $51 million or 8.0% of revenue
- Cash provided by operating activities was $43 million
- Cash and cash equivalents was $266 million and long-term debt was zero at September 30, 2025 with total liquidity of approximately $629 million
Where to Hear Earnings
The conference call will be accessible through the Investor Relations link on DNOW Inc.'s website at ir.dnow.com. Attendees are encouraged to log in before the call to register for the webcast. A call replay will also be available online thirty days after the conference.
For direct participation, attendees within North America can dial 1-888-660-6431, while international participants can use 1-929-203-2118, with the Access Code 7372055. It's recommended to join the call fifteen minutes before the scheduled start time and request the “DNOW Inc. Earnings Conference Call.”
Press Release Source
View the full press release on our investor website: https://ir.dnow.com/news-releases/news-release-details/dnow-reports-third-quarter-2025-results
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