MRC Global Reports Q3 Sales of $678 Million and Net Loss of $9 Million

Reuters

11/05

<a href="https://laohu8.com/S/MRC">MRC Global</a> Reports Q3 Sales of $678 Million and Net Loss of $9 Million

MRC Global Inc. reported third quarter 2025 sales of $678.0 million, a decrease of 15.0% compared to the previous quarter. Gross profit was $125.0 million, or 18.4% of sales, down from $157.0 million, or 20.4% of sales, in the third quarter of 2024. Adjusted Gross Profit was $148.0 million, or 21.8% of sales, compared to $162.0 million, or 21.0% of sales, in the same period last year. The company reported a net loss from continuing operations of $9.0 million, compared to net income of $29.0 million in the third quarter of 2024. Adjusted net income from continuing operations was $11.0 million, down from $24.0 million last year. Adjusted EBITDA was $36.0 million, or 5.3% of sales, compared to $47.0 million, or 6.1% of sales, in the prior year. Revenue backlog stood at $571.0 million, a 4.0% increase year-on-year, with the U.S. segment backlog up 21.0%. The company noted costs related to ERP system implementation and the pending DNOW-MRC Global merger as significant business developments during the period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MRC Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-033126), on November 05, 2025, and is solely responsible for the information contained therein.

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Gross profit was $125.0 million, or 18.4% of sales, down from $157.0 million, or 20.4% of sales, in the third quarter of 2024. Adjusted Gross Profit was $148.0 million, or 21.8% of sales, compared to $162.0 million, or 21.0% of sales, in the same period last year. The company reported a net loss from continuing operations of $9.0 million, compared to net income of $29.0 million in the third quarter of 2024. Adjusted net income from continuing operations was $11.0 million, down from $24.0 million last year. Adjusted EBITDA was $36.0 million, or 5.3% of sales, compared to $47.0 million, or 6.1% of sales, in the prior year. Revenue backlog stood at $571.0 million, a 4.0% increase year-on-year, with the U.S. segment backlog up 21.0%. The company noted costs related to ERP system implementation and the pending DNOW-MRC Global merger as significant business developments during the period.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MRC Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-033126), on November 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MRC Global Reports Q3 Sales of $678 Million and Net Loss of $9 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMRC Global Reports Q3 Sales of $678 Million and Net Loss of $9 Million\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-11-05 19:46</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/MRC\">MRC Global</a> Reports Q3 Sales of $678 Million and Net Loss of $9 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        MRC Global Inc. reported third quarter 2025 sales of $678.0 million, a decrease of 15.0% compared to the previous quarter. Gross profit was $125.0 million, or 18.4% of sales, down from $157.0 million, or 20.4% of sales, in the third quarter of 2024. Adjusted Gross Profit was $148.0 million, or 21.8% of sales, compared to $162.0 million, or 21.0% of sales, in the same period last year. The company reported a net loss from continuing operations of $9.0 million, compared to net income of $29.0 million in the third quarter of 2024. Adjusted net income from continuing operations was $11.0 million, down from $24.0 million last year. Adjusted EBITDA was $36.0 million, or 5.3% of sales, compared to $47.0 million, or 6.1% of sales, in the prior year. Revenue backlog stood at $571.0 million, a 4.0% increase year-on-year, with the U.S. segment backlog up 21.0%. The company noted costs related to ERP system implementation and the pending DNOW-MRC Global merger as significant business developments during the period.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MRC Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-033126), on November 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4104","symbol_name":"貿易公司與經銷商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251105:nNDL3vt6c8:1","article_id":"2581072670","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581072670","pubTimestamp":1762343195,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"MRC Global Inc. reported third quarter 2025 sales of $678.0 million, a decrease of 15.0% compared to the previous quarter. Gross profit was $125.0 million, or 18.4% of sales, down from $157.0 million, or 20.4% of sales, in the third quarter of 2024. Adjusted Gross Profit was $148.0 million, or 21.8% of sales, compared to $162.0 million, or 21.0% of sales, in the same period last year. The company reported a net loss from continuing operations of $9.0 million, compared to net income of $29.0 million in the third quarter of 2024. Adjusted net income from continuing operations was $11.0 million, down from $24.0 million last year. Adjusted EBITDA was $36.0 million, or 5.3% of sales, compared to $47.0 million, or 6.1% of sales, in the prior year. Revenue backlog stood at $571.0 million, a 4.0% increase year-on-year, with the U.S. segment backlog up 21.0%. The company noted costs related to ERP system implementation and the pending DNOW-MRC Global merger as significant business developments ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4104":"贸易公司与经销商","MRC":"MRC Global"},"translate_title":"MRC Global报告第三季度销售额为6.78亿美元，净亏损为900万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MRC":0.9},"content_text":"MRC Global Reports Q3 Sales of $678 Million and Net Loss of $9 Million\n    \n\n        MRC Global Inc. reported third quarter 2025 sales of $678.0 million, a decrease of 15.0% compared to the previous quarter. Gross profit was $125.0 million, or 18.4% of sales, down from $157.0 million, or 20.4% of sales, in the third quarter of 2024. Adjusted Gross Profit was $148.0 million, or 21.8% of sales, compared to $162.0 million, or 21.0% of sales, in the same period last year. The company reported a net loss from continuing operations of $9.0 million, compared to net income of $29.0 million in the third quarter of 2024. Adjusted net income from continuing operations was $11.0 million, down from $24.0 million last year. Adjusted EBITDA was $36.0 million, or 5.3% of sales, compared to $47.0 million, or 6.1% of sales, in the prior year. Revenue backlog stood at $571.0 million, a 4.0% increase year-on-year, with the U.S. segment backlog up 21.0%. The company noted costs related to ERP system implementation and the pending DNOW-MRC Global merger as significant business developments during the period.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MRC Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-033126), on November 05, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}