DNOW Q2 2023 Earnings — Dnow Inc. Revenue & Financial Results | Market Cap Arena

DNOWDnow Inc.

$1B

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$594M+10.2% YoY

Gross Profit

$134M22.6% margin

Operating Income

$36M6.1% margin

Net Income

$34M5.7% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$85M

Free Cash Flow

$79M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$543M

Stockholders' Equity

$874M

Cash & Equivalents

$203M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$594M	$539M	+10.2%
Gross Profit	$134M	$128M	+4.7%
Operating Income	$36M	$29M	+24.1%
Net Income	$34M	$26M	+30.8%

Geographic Segments

UNITED STATES

$456M87%

CANADA

$66M13%