DNOW Reports Third Quarter 2026 Results

Impact · against what's priced in

DNOW shows strong operational momentum with Q3 adjusted EBITDA nearly doubling Q1 results and healthy margins. The combination of earnings acceleration, a low leverage ratio of 1.1x, and active share repurchases provides a positive catalyst for the stock.

DNOW+0.60

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In context

The jump to $76 million in adjusted EBITDA—nearly double the first quarter—alongside a 21.2% adjusted gross profit margin, indicates a steep growth trajectory and improved earnings quality.

Read from the article alone

• cash flow▲10%
• earnings▲2%
• DNOW
• capital allocation
• ebitda
• quarterly results
• share repurchase

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