Pumps, Production & Process Solutions was Dnow’s largest revenue line in fiscal 2025, bringing in $674.00M of $2.82B (24%).
| Long-Lived Tangible Asset | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pumps, Production & Process Solutions | — | $639.00M | $623.00M | $674.00M | ||||||||||
| Pumps, Production & Drilling | $531.00M | — | — | — | ||||||||||
| Drilling & Production | — | — | — | — | ||||||||||
| Mill Tool, Mro, Safety & Other | $375.00M | — | — | — | ||||||||||
| Valves | $409.00M | — | — | — | ||||||||||
| Valves, Automation, Measurement & Instrumentation | — | $437.00M | $520.00M | $644.00M | ||||||||||
| Pipe | $432.00M | $422.00M | $395.00M | $455.00M | ||||||||||
| Fittings, Flanges & Other Connectors | — | $433.00M | $475.00M | $529.00M | ||||||||||
| Fittings & Flanges | $389.00M | — | — | — | ||||||||||
| General Products | — | $390.00M | $360.00M | $413.00M | ||||||||||
| Gas Products | — | — | — | $105.00M | ||||||||||
| Total | $2.14B | $2.32B | $2.37B | $2.82B |
Dnow brought in $2.82B from its six revenue lines in fiscal 2025, the year ended December 31, 2025. Dnow regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $2.37B. Pumps, Production & Process Solutions was the largest at $674.00M (23.9%), ahead of Valves, Automation, Measurement & Instrumentation at $644.00M (22.8%) and Fittings, Flanges & Other Connectors at $529.00M (18.8%). The other three revenue lines brought in $973.00M combined.
Compared with fiscal 2024, Valves, Automation, Measurement & Instrumentation grew fastest, up 23.8% to $644.00M. Every revenue line above 2% of revenue grew.
Dnow began breaking out Pumps, Production & Process Solutions in fiscal 2023, Valves, Automation, Measurement & Instrumentation in fiscal 2023, Fittings, Flanges & Other Connectors in fiscal 2023 and General Products in fiscal 2023. Dnow stopped reporting Pumps, Production & Drilling ($531.00M in fiscal 2022), Valves ($409.00M in fiscal 2022), Fittings & Flanges ($389.00M in fiscal 2022) and one other as separate revenue lines.
Upstream was Dnow’s largest region in fiscal 2025, bringing in $1.35B of $2.38B (57%).
| Geography | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Upstream | $1.33B | $1.26B | $1.35B |
| Midstream | $493.00M | $432.00M | $572.00M |
| Downstream & Industrial | $361.00M | $356.00M | $269.00M |
| Gas Utilities | $40.00M | $82.00M | $186.00M |
| Total | $2.22B | $2.13B | $2.38B |
Dnow brought in $2.38B from its four regions in fiscal 2025, the year ended December 31, 2025. That is less than the $2.82B it reports by long-lived tangible asset, so these regions do not cover all of its revenue. Upstream was the largest at $1.35B (56.8%), ahead of Midstream at $572.00M (24.1%) and Downstream & Industrial at $269.00M (11.3%). The remaining region, Gas Utilities, brought in $186.00M.
Compared with fiscal 2024, Gas Utilities grew fastest, up 126.8% to $186.00M, while Downstream & Industrial fell the most, down 24.4% to $269.00M.
United States was Dnow’s largest region in fiscal 2025, bringing in $1.53B of $2.13B (72%).
| Geography | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $1.59B | $1.36B | $1.26B | $1.53B | ||||||||||
| International | $230.00M | $289.00M | $238.00M | $385.00M | ||||||||||
| Canada | $315.00M | $282.00M | $209.00M | $214.00M | ||||||||||
| Canada (Member) | — | — | — | — | ||||||||||
| Total | $2.14B | $1.93B | $1.71B | $2.13B |
Dnow brought in $2.13B from its three regions in fiscal 2025, the year ended December 31, 2025. That is less than the $2.82B it reports by long-lived tangible asset, so these regions do not cover all of its revenue. United States was the largest at $1.53B (71.9%), ahead of International at $385.00M (18.0%) and Canada at $214.00M (10.0%).
Compared with fiscal 2024, International grew fastest, up 61.8% to $385.00M. Every region above 2% of revenue grew.
Dnow (DNOW) reports its revenue by long-lived tangible asset and by geography. In fiscal 2025, Pumps, Production & Process Solutions was its largest revenue line, bringing in $674.00M (23.9% of the total), followed by Valves, Automation, Measurement & Instrumentation at $644.00M (22.8%).
Pumps, Production & Process Solutions was Dnow's largest revenue line in fiscal 2025, bringing in $674.00M, or 23.9% of the $2.82B total across its six revenue lines.
Upstream was Dnow's largest region in fiscal 2025, bringing in $1.35B, or 56.8% of the $2.38B total across its four regions.
Among Dnow's regions that make up at least 2% of revenue, Gas Utilities grew fastest in fiscal 2025, up 126.8% from $82.00M to $186.00M.
Every figure comes from Dnow's annual financial filings, as reported. Each line keeps the name Dnow gives it, and years follow its fiscal calendar.
Dnow's revenue by long-lived tangible asset goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.