DNOW 2Q FY26 adjusted EBITDA more than doubled to $60 million; revenue rises 10% sequentially to $1.31 billion - DNOW News | RalliesDNOW 2Q FY26 adjusted EBITDA more than doubled to $60 million; revenue rises 10% sequentially to $1.31 billion
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DNOW• Second-quarter results
- DNOW posted 2Q 2026 revenue of $1.31 billion, up 10% sequentially, with U.S. revenue up 13% quarter-on-quarter.
- GAAP net loss attributable to shareholders was $21 million.
- Adjusted EBITDA (non-GAAP) rose 54% from 1Q 2026 to $60 million.
Cash flow and balance sheet
- Net cash provided by operating activities climbed to $133 million, a second-quarter record, while working capital improved to 19%.
- Share repurchases totaled $25 million in the quarter, with net debt reduced by $95 million.
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