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Dnow (DNOW) gross margin by quarter

Dnow's gross margin was 19.8% in Q3 2026 (third quarter 2026), -2.7 pts from Q3 2025. Over the last 4 quarters it ranged from 19.8% (Q3 2026) to 23.0% (Q1 2025).

Dnow gross margin by quarterDnow gross margin by quarter23.0%Q1 202520.5%Q2 202522.6%Q3 202519.8%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202619.8%-2.7 pts-2.7 pts
Q3 202522.6%+2.0 pts—
Q2 202520.5%-2.5 pts—
Q1 202523.0%——

Q3 2026 at a glance

Dnow, Q3 2026: revenue $1.3B (+111% year over year), operating margin 2.5%, net earnings $26.0M, operating cash flow $120M. The chart follows the revenue to costs, profit and cash.

Questions

What is Dnow's gross margin?

Dnow's gross margin was 19.8% in Q3 2026 (third quarter 2026), -2.7 pts from Q3 2025.

How has Dnow's gross margin changed?

Over the last 4 quarters it ranged from 19.8% (Q3 2026) to 23.0% (Q1 2025).

Q3 2026 results → · How Dnow makes money →