Dnow (DNOW) Gross Margin (2013 - 2026)
Dnow (DNOW) reported Gross Margin of 16.31% for Q1 2026, down 672.0% on a YoY basis from 2.85% in Q1 2025, and up 212.91% quarter-over-quarter from 5.21% in Q4 2025.
Dnow (DNOW) Gross Margin (2013 - 2026) Analysis & Trends
Dnow has reported Gross Margin for 14 years, with the latest figure at 16.31% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 672.0% year-over-year to 16.31%; the trailing twelve-month figure through Mar 2026 stood at 15.63% (down 679.0% YoY), and the FY2025 full-year result was 16.95%, down 543.0% from the prior year.
- Gross Margin for Q1 2026 stood at 16.31%, up from 5.21% in the prior quarter.
- The five-year high for Gross Margin was 24.14% in Q4 2023, with the low at 5.21% in Q4 2025.
- Historically, Gross Margin has averaged 21.62% across 5 years, with a median of 22.87% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 250 bps — and 2025, when it sank 1738 bps.
- Dnow's Gross Margin stood at 24.13% in 2022, then gained by 0 bps to 24.14% in 2023, then fell by 6 bps to 22.59% in 2024, then plunged by 77 bps to 5.21% in 2025, then soared by 213 bps to 16.31% in 2026.
- The last three Gross Margin figures came in at 16.31% (Q1 2026), 5.21% (Q4 2025), and 22.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 39.46% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 44.64% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 31.02% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 21.25% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 27.89% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 23.66% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 30.43% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 27.07% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 28.99% |
| 10 | Dnow | 2.51 Bn | 2.40 Bn | 193.00 Mn | 16.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.31% |
| Dec 31, 2025 | 5.21% |
| Sep 30, 2025 | 22.87% |
| Jun 30, 2025 | 22.93% |
| Mar 31, 2025 | 23.04% |
| Dec 31, 2024 | 22.59% |
| Sep 30, 2024 | 22.28% |
| Jun 30, 2024 | 21.80% |
| Mar 31, 2024 | 22.91% |
| Dec 31, 2023 | 24.14% |
| Sep 30, 2023 | 22.79% |
| Jun 30, 2023 | 22.56% |
| Mar 31, 2023 | 23.46% |
| Dec 31, 2022 | 24.13% |
| Sep 30, 2022 | 24.09% |
| Jun 30, 2022 | 23.75% |
| Mar 31, 2022 | 22.62% |
| Dec 31, 2021 | 23.38% |
| Sep 30, 2021 | 21.87% |
| Jun 30, 2021 | 21.25% |