DNOW stock reports Q2 revenue of USD 1.31 billion

DNOW stock is backed by Q2 2026 revenue of USD 1.31 billion and adjusted earnings per share of USD 0.12. The figures put the energy and industrial distributor at the center of a recovery story that combines higher sales with continuing pressure on profitability.

Q2 revenue clears expectations

According to MarketBeat on September 25, 2026, DNOW reported adjusted EPS of USD 0.12 for Q2 2026 versus a USD 0.09 consensus. Revenue reached USD 1.31 billion against an estimated USD 1.27 billion, while year-over-year revenue growth was 108.1 percent.

The comparison is unusually wide because the period includes the enlarged business following the MRC Global combination. For investors, the more useful test is whether the sales base can translate into consistent earnings as integration work continues.

Analysts set an USD 18.20 target

MarketBeat reported on September 25, 2026, that seven brokerages carried a Moderate Buy consensus and an average 12-month price target of USD 18.20. The group included three Buy ratings, one Strong Buy, two Holds and one Sell.

The target mix shows why the earnings beat has not removed execution risk. MarketBeat said DA Davidson raised its target from USD 17.00 to USD 19.00 on August 10, 2026, while Freedom Broker cut its rating to Hold and set a USD 18.00 target on September 10, 2026.

NYSE range frames valuation

DNOW last traded at USD 15.50 on the NYSE on September 30, 2026, at 4:00 p.m. ET. Its market capitalization was USD 2.8 billion, and the 52-week range was USD 10.94 to USD 17.26.

DNOW supplies pipe, valves, fittings, pumps and related technical and supply-chain services to energy, utility and industrial customers. Its investor-relations page identifies Q2 2026 as the latest earnings period and describes a business serving upstream, midstream, downstream, gas utility and industrial markets.