DIRTT Environmental Sltns (DRTTF) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DRTTF SEC filings page.
DIRTT Environmental Sltns (DRTTF) reported $171.4M in revenue over the twelve months to Jun 30, 2026, down 0.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
After a brief FY2024 profit, FY2025 shows a thinner margin structure, rising short-term obligations, and cash flow returning near break-even.
FY2025 paired a net loss of$14.4M with operating cash flow of-$192K , a cash-conversion gap that makes the accounting loss look much larger than the operating cash movement. In FY2024, net income of$14.8M accompanied operating cash flow of$7.3M ; the swing shows earnings and cash can diverge materially.
FY2025 revenue fell
Long-term debt fell to
Financial Health Signals
DIRTT Environmental Sltns does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
DIRTT Environmental Sltns scores -0.19, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $180.6M against total assets of $102.5M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
DIRTT Environmental Sltns passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
DIRTT Environmental Sltns reported a net loss of $14.4M while operations used $192K of cash. With neither figure positive, the ratio between the two carries no quality signal.
DIRTT Environmental Sltns reported an operating loss of $11.3M against $1.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
DIRTT Environmental Sltns generated $40.3M in revenue in Q2 2026. This represents an increase of 3.6% from the same quarter a year earlier. Against the prior quarter it is down 5.0%.
DIRTT Environmental Sltns's EBITDA was $2.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
DIRTT Environmental Sltns reported $1.1M in net income in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
DIRTT Environmental Sltns generated $685K in free cash flow in Q2 2026, representing cash available after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 11.2%.
DIRTT Environmental Sltns held $14.8M in cash against $4.9M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
DIRTT Environmental Sltns's gross margin was 34.7% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 6.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.0 percentage points.
DIRTT Environmental Sltns's operating margin was 3.2% in Q2 2026, reflecting core business profitability. This is up 14.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.9 percentage points.
DIRTT Environmental Sltns's net profit margin was 2.6% in Q2 2026, showing the share of revenue converted to profit. This is up 19.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.3 percentage points.
DIRTT Environmental Sltns's quarterly ROE was 4.1% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 23.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 17.5 percentage points.
Capital Allocation
DIRTT Environmental Sltns invested $256K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 49.1% from the same quarter a year earlier. Against the prior quarter it is down 41.3%.
Not reported for Q2 2026.
Not reported for Q2 2026.
DRTTF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $40.3M+3.6% | $42.4M+2.8% | $50.9M+4.2% | $37.7M-13.0% | $38.9M-5.5% | $41.3M+1.1% | $48.9M-4.0% | $43.4M-12.4% |
| Cost of Revenue | $26.3M-6.3% | $29.4M+10.0% | $32.3M+3.0% | $26.2M-1.2% | $28.1M+8.8% | $26.8M+2.1% | $31.4M-1.1% | $26.6M-18.2% |
| Gross Profit | $14.0M+29.3% | $13.0M-10.6% | $18.6M+6.2% | $11.5M-31.8% | $10.8M-29.6% | $14.5M-0.7% | $17.5M-8.8% | $16.8M-1.5% |
| SG&A Expenses | $8.8M-20.6% | $10.5M-1.8% | $13.3M+22.3% | $9.2M-16.3% | $11.0M+5.6% | $10.7M+1.6% | $10.9M-13.5% | $11.0M+1.7% |
| Operating Income | $1.3Mn/m | -$3.3Mn/m | -$2.9M-231.8% | -$3.7M-413.4% | -$4.3M-527.0% | -$322Kn/m | $2.2M+15.2% | $1.2Mn/m |
| EBITDA | $2.7Mn/m | -$1.8M-258.6% | -$1.3M-131.2% | -$2.2M-181.1% | -$2.8M-210.0% | $1.2M-12.7% | $4.3M+16.7% | $2.7Mn/m |
| Interest Expense | $354K-27.0% | $350K-22.4% | $475K+0.8% | $465K-69.5% | $485K-48.7% | $451K-57.2% | $471K-63.5% | $1.5M+27.5% |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | $77K-76.8% | $23Kn/m |
| Net Income | $1.1Mn/m | -$3.3Mn/m | -$3.7M-191.7% | -$3.5M-149.1% | -$6.6M-1207.7% | -$661K-121.7% | $4.0M+322.8% | $7.1Mn/m |
| EPS (Basic) | $0.01 | -$0.02n/m | -$0.02-200.0% | -$0.02-150.0% | -$0.03n/m | $0.00-100.0% | $0.02 | $0.04 |
| EPS (Diluted) | $0.01 | -$0.02n/m | -$0.02-200.0% | -$0.02-166.7% | -$0.03n/m | $0.00-100.0% | $0.02 | $0.03 |
| Diluted Shares (Avg) | 197M | 192M+0.4% | N/A | 191M-20.8% | 191M-38.6% | 192M-33.6% | N/A | 241M |
Not reported in any period shown, so not listed: R&D Expenses.
DRTTF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $87.9M-19.7% | $95.2M-14.9% | $102.5M-13.3% | $109.2M-7.6% | $109.5M-17.9% | $111.9M-15.2% | $118.2M-4.9% | $118.2M-9.3% |
| Current Assets | $52.1M-14.2% | $57.2M-8.7% | $62.4M-7.1% | $61.4M-2.7% | $60.7M-20.8% | $62.7M-14.8% | $67.2M+5.7% | $63.1M-6.5% |
| Cash & Equivalents | $14.8M-35.8% | $15.0M-47.3% | $20.3M-30.6% | $26.1M+10.6% | $23.1M-41.6% | $28.4M-27.0% | $29.3M+18.4% | $23.6M+21.4% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $13.9M-12.4% | $14.9M+3.1% | $15.8M+4.3% | $16.0M+8.3% | $15.8M+6.1% | $14.5M-7.6% | $15.1M-8.9% | $14.8M-15.1% |
| Accounts Receivable | $19.1M+12.3% | $23.8M+47.0% | $22.4M+14.7% | $15.0M-26.4% | $17.0M-4.1% | $16.2M+2.7% | $19.5M+23.5% | $20.4M-0.6% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $62.2M-17.1% | $70.8M-2.6% | $74.0M-2.2% | $77.7M-0.6% | $75.0M-26.0% | $72.7M-27.7% | $75.6M-35.5% | $78.2M-37.1% |
| Current Liabilities | $42.3M+3.3% | $49.5M+27.3% | $56.7M+91.9% | $44.1M+52.0% | $41.0M+40.8% | $38.8M+41.4% | $29.6M-12.4% | $29.0M-30.6% |
| Non-Current Liabilities | $19.9M-41.7% | $21.3M-36.9% | $17.2M-62.6% | $33.7M-31.6% | $34.1M-52.9% | $33.8M-53.7% | $46.1M-44.8% | $49.2M-40.4% |
| Long-Term Debt | $4.9M-56.0% | $5.5M-48.5% | $220K-99.0% | $10.8M-54.1% | $11.2M-75.7% | $10.6M-77.0% | $22.0M-60.2% | $23.5M-56.3% |
| Total Equity | $25.7M-25.4% | $24.4M-37.6% | $28.5M-33.0% | $31.5M-21.3% | $34.5M+8.1% | $39.2M+24.8% | $42.6M+499.8% | $40.0M+576.7% |
| Retained Earnings | -$183.3Mn/m | -$184.4Mn/m | -$180.6Mn/m | -$176.9Mn/m | -$173.4Mn/m | -$166.8Mn/m | -$166.1Mn/m | -$170.1Mn/m |
Not reported in any period shown, so not listed: Goodwill.
DRTTF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $941Kn/m | $1.2M-67.2% | -$4.3M-169.8% | $4.4M+188.4% | -$3.9M-338.7% | $3.7Mn/m | $6.2M-38.6% | $1.5M-20.7% |
| Depreciation & Amortization | $1.4M-9.1% | $1.4M-3.6% | $1.6M-20.6% | $1.5M+3.2% | $1.5M+1.7% | $1.5M-3.5% | $2.0M+18.3% | $1.5M-26.3% |
| Stock-Based Compensation | $724K+21.9% | $875K+18.4% | N/A | $742K-7.6% | $594K+39.1% | $739K+9.5% | N/A | $803K-24.9% |
| Capital Expenditures | $256K-49.1% | $436K+46.3% | $497K+16.4% | $283K-8.7% | $503K+57.7% | $298K-13.4% | $427K | $310K+21.6% |
| Free Cash Flow | $685Kn/m | $771K-77.2% | -$4.8M-183.5% | $4.1M+238.9% | -$4.4M-434.2% | $3.4Mn/m | $5.8M | $1.2M-27.2% |
| Investing Cash Flow | -$538Kn/m | -$731Kn/m | -$1.2Mn/m | -$780Kn/m | -$979Kn/m | -$729K-359.4% | -$741K-230.5% | -$596Kn/m |
| Financing Cash Flow | -$324Kn/m | -$5.7Mn/m | -$316Kn/m | -$422Kn/m | -$642Kn/m | -$3.6M-122.4% | -$126Kn/m | -$16.3Mn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
DRTTF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.7%+6.9pp | 30.6%-4.6pp | 36.6%+0.7pp | 30.4%-8.4pp | 27.8%-9.5pp | 35.2%-0.6pp | 35.9%-1.9pp | 38.8%+4.3pp |
| Operating Margin | 3.2%+14.4pp | -7.7%-6.9pp | -5.8%-10.4pp | -9.8%-12.5pp | -11.2%-13.6pp | -0.8%-0.3pp | 4.6%+0.8pp | 2.7%+15.0pp |
| Net Margin | 2.6%+19.6pp | -7.7%-6.1pp | -7.3%-15.5pp | -9.2%-25.6pp | -17.0%-18.4pp | -1.6%-9.0pp | 8.3%+6.4pp | 16.4%+29.1pp |
| Return on Equity | 4.1%+23.3pp | -13.4%-11.7pp | -13.0%-22.4pp | -11.1%-28.8pp | -19.1%-21.0pp | -1.7%-11.4pp | 9.5%-4.0pp | 17.7%+124.5pp |
| Return on Assets | 1.2%+7.2pp | -3.4%-2.9pp | -3.6%-7.0pp | -3.2%-9.2pp | -6.0%-6.5pp | -0.6%-2.9pp | 3.4%+2.7pp | 6.0%+10.8pp |
| Current Ratio | 1.23-0.3x | 1.16-0.5x | 1.10-1.2x | 1.39-0.8x | 1.48-1.2x | 1.61-1.1x | 2.27+0.4x | 2.18+0.6x |
| Debt-to-Equity | 0.19-0.1x | 0.220.0x | 0.01-0.5x | 0.34-0.2x | 0.32-1.1x | 0.27-1.2x | 0.52-7.3x | 0.59-8.5x |
| Liabilities-to-Equity | 2.42+0.2x | 2.90+1.0x | 2.59+0.8x | 2.47+0.5x | 2.17-1.0x | 1.85-1.3x | 1.78-14.7x | 1.96-19.1x |
| Asset Turnover | 0.46+0.1x | 0.45+0.1x | 0.50+0.1x | 0.350.0x | 0.360.0x | 0.37+0.1x | 0.410.0x | 0.370.0x |
| FCF Margin | 1.7%+13.1pp | 1.8%-6.4pp | -9.5%-21.4pp | 10.9%+8.1pp | -11.4%-14.6pp | 8.2%+14.0pp | 11.8% | 2.8%-0.6pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| DIRTT Environmental Sltns DRTTF | FY2025 | $168.9M | -$14.4M | -8.6% | $114.9M | — |
| MMEX Resources Corp MMEX | FY2026 | $0 | -$1.9M | N/A | $2.2M | — |
| ModuLink Inc MDLK | FY2025 | $1.3M | -$1.3M | -98.1% | $1.6M | — |
Where DIRTT Environmental Sltns Ranks
Frequently Asked Questions
DIRTT Environmental Sltns (DRTTF) reported $168.9M in total revenue for fiscal year 2025. This represents a -3.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
DIRTT Environmental Sltns (DRTTF) revenue declined by 3.1% year-over-year, from $174.3M to $168.9M in fiscal year 2025.
No, DIRTT Environmental Sltns (DRTTF) reported a net loss of $9.4M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $14.4M, with a net profit margin of -8.6%.
DIRTT Environmental Sltns (DRTTF) had EBITDA of -$5.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, DIRTT Environmental Sltns (DRTTF) had $20.3M in cash and equivalents against $220K in long-term debt.
DIRTT Environmental Sltns (DRTTF) had a gross margin of 32.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
DIRTT Environmental Sltns (DRTTF) had an operating margin of -6.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
DIRTT Environmental Sltns (DRTTF) had a net profit margin of -8.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
DIRTT Environmental Sltns (DRTTF) has a return on equity of -50.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
DIRTT Environmental Sltns (DRTTF) recorded an outflow of $1.8M in free cash flow during fiscal year 2025. This represents a -129.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
DIRTT Environmental Sltns (DRTTF) recorded an outflow of $192K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
DIRTT Environmental Sltns (DRTTF) had $102.5M in total assets as of fiscal year 2025, including both current and long-term assets.
DIRTT Environmental Sltns (DRTTF) invested $1.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
DIRTT Environmental Sltns (DRTTF) had a current ratio of 1.10 as of fiscal year 2025, which is considered adequate.
DIRTT Environmental Sltns (DRTTF) had a debt-to-equity ratio of 0.01 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
DIRTT Environmental Sltns (DRTTF) had a liabilities-to-equity ratio of 2.59 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
DIRTT Environmental Sltns (DRTTF) had a return on assets of -14.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
DIRTT Environmental Sltns (DRTTF) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $114.9M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
DIRTT Environmental Sltns (DRTTF) trades at 0.7x sales, its market capitalization divided by $171.4M revenue, trailing 12 months to June 30, 2026. The market capitalization is $114.9M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
DIRTT Environmental Sltns (DRTTF) has an Altman Z-Score of -0.19, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
DIRTT Environmental Sltns (DRTTF) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
DIRTT Environmental Sltns (DRTTF) reported a net loss of $14.4M while operations used $192K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
DIRTT Environmental Sltns (DRTTF) reported an operating loss of $11.3M against $1.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.