NOW Inc. (DNOW) experienced a significant pre-market plunge of 5.56% following the release of its fourth-quarter 2025 financial results.
The company reported adjusted earnings per share of $0.15, which met analyst expectations but represented a 40% decrease from the $0.25 per share reported in the same period last year. More critically, quarterly revenue of $959 million slightly missed the consensus estimate of $962.25 million.
Investor sentiment was further impacted by the company's disclosure that it is addressing operational challenges stemming from its U.S. ERP system transition, which went live in the third quarter of 2025. The reported net income loss of $147 million for the quarter also contributed to the negative market reaction during the pre-market session.
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