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
DateValue
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%