DNOW Q1 2023 Earnings — Dnow Inc. Revenue & Financial Results | Market Cap Arena

DNOWDnow Inc.

$1B

Q1 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$584M+23.5% YoY

Gross Profit

$137M23.5% margin

Operating Income

$35M6.0% margin

Net Income

$31M5.3% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$11M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$485M

Stockholders' Equity

$841M

Cash & Equivalents

$168M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$584M	$473M	+23.5%
Gross Profit	$137M	$107M	+28.0%
Operating Income	$35M	$23M	+52.2%
Net Income	$31M	$30M	+3.3%

Geographic Segments

UNITED STATES

$427M84%

CANADA

$83M16%