Drilling Tools International Corporation (DTI) 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 9, 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 Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DTI SEC filings page.
Drilling Tools International Corporation (DTI) reported $153.4M in revenue over the twelve months to Jun 30, 2026, down 5.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
Near-flat revenue now funds nearly all reinvestment, but higher overhead and interest pushed the company into a net loss in FY2025.
Cash conversion improved without restoring accounting profitability: operating cash flow rose to$19.9M in FY2025 from$6.1M in FY2024, while net income shifted to a$3.8M loss. The gap is consistent with substantial noncash depreciation of$27.3M , so reported earnings understate cash generated from the existing asset base.
Capital intensity remains central to the model. FY2025 capital expenditures of
The balance sheet became less debt-dependent even as returns weakened: total liabilities fell to
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Drilling Tools International Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Drilling Tools International Corporation's revenue grew a modest 3.4% year-over-year to $159.6M. This slow but positive growth earns a score of 50/100.
Drilling Tools International Corporation carries a low D/E ratio of 0.12, meaning only $0.12 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 80/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.11, Drilling Tools International Corporation holds $2.11 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 74/100.
While Drilling Tools International Corporation generated $19.9M in operating cash flow, capex of $20.1M consumed most of it, leaving -$224K in free cash flow. This results in a low score of 18/100, reflecting heavy capital investment rather than weak cash generation.
Drilling Tools International Corporation posts a -3.1% return on equity (ROE), meaning it loses $3 for every $100 of shareholders' equity. This results in a returns score of 78/100. This is down from 2.5% the prior year.
Drilling Tools International Corporation passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Drilling Tools International Corporation reported a net loss of $3.8M while generating $19.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Drilling Tools International Corporation generated $38.1M in revenue in Q2 2026. This represents a decrease of 3.4% from the same quarter a year earlier. Against the prior quarter it is up 0.3%.
Drilling Tools International Corporation reported -$1.8M in net income in Q2 2026. This represents an increase of 25.7% from the same quarter a year earlier. Against the prior quarter it is down 16.1%.
Drilling Tools International Corporation earned -$0.05 per diluted share (EPS) in Q2 2026. This represents an increase of 28.6% from the same quarter a year earlier. Against the prior quarter it is down 25.0%.
Not reported for Q2 2026.
Cash & Balance Sheet
Drilling Tools International Corporation recorded an outflow of $6.5M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 22.0% from the same quarter a year earlier. Against the prior quarter it is up 39.8%.
Drilling Tools International Corporation held $2.5M in cash against $9.0M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Drilling Tools International Corporation's net profit margin was -4.7% in Q2 2026, showing the share of revenue converted to profit. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.
Drilling Tools International Corporation's ROE was -1.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Drilling Tools International Corporation repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.
Drilling Tools International Corporation invested $4.2M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 44.0% from the same quarter a year earlier. Against the prior quarter it is down 45.0%.
Not reported for Q2 2026.
DTI 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $38.1M-3.4% | $38.0M-11.5% | $38.5M-3.4% | $38.8M-3.2% | $39.4M+5.0% | $42.9M+16.0% | $39.8M+13.2% | $40.1M+5.1% |
| SG&A Expenses | $19.9M-5.4% | $20.2M-6.4% | $19.2M-9.8% | $20.4M+2.8% | $21.0M+7.2% | $21.6M+20.4% | $21.3M+36.7% | $19.9M+20.0% |
| Operating Income | N/A | N/A | N/A | N/A | N/A | $3.3M-35.6% | $1.8M-70.9% | $4.3M-40.4% |
| EBITDA | N/A | N/A | N/A | N/A | N/A | $10.0M-4.5% | $8.4M-27.1% | $10.4M-16.1% |
| Interest Expense | $1.1M-16.8% | $1.0M-22.6% | $1.1M-19.9% | $1.3M+28.7% | $1.3M+64.7% | $1.3M+619.2% | $1.3M+1127.5% | $1.0M+1321.9% |
| Income Tax | -$76K-110.2% | -$557K-250.3% | -$119K+73.3% | $437K+199.5% | $746K+1009.8% | -$159K-117.0% | -$446K-187.7% | -$439K-120.9% |
| Net Income | -$1.8M+25.7% | -$1.5M+7.7% | $1.2M+190.6% | -$903K-204.2% | -$2.4M-759.5% | -$1.7M-153.4% | -$1.3M-135.2% | $867K-79.8% |
| EPS (Basic) | -$0.05+28.6% | -$0.04+20.0% | $0.03+160.0% | -$0.03-200.0% | -$0.07-800.0% | -$0.05-145.5% | -$0.05-150.0% | $0.03-78.6% |
| EPS (Diluted) | -$0.05+28.6% | -$0.04+20.0% | $0.03 | -$0.03-200.0% | -$0.07-800.0% | -$0.05-145.5% | -$0.05-138.5% | $0.03-78.6% |
| Diluted Shares (Avg) | 35M-0.8% | 35M-1.3% | N/A | 35M+5.5% | 36M+15.2% | 36M+19.6% | N/A | 34M+11.7% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
DTI 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $228.6M-0.7% | $224.7M-3.6% | $222.2M-0.1% | $227.4M+3.9% | $230.3M+38.0% | $233.2M+39.7% | $222.4M+67.9% | $218.8M+66.5% |
| Current Assets | $73.8M+11.6% | $68.7M+2.0% | $64.9M-4.7% | $64.7M-5.9% | $66.1M+8.7% | $67.4M+2.7% | $68.1M+46.7% | $68.7M+50.7% |
| Cash & Equivalents | $2.5M+120.1% | $2.8M+1.8% | $3.6M-41.0% | $4.4M-63.4% | $1.1M-83.1% | $2.8M-80.1% | $6.2M+3.0% | $12.0M+199.8% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% |
| Inventory | $20.2M+10.3% | $18.6M+2.0% | $18.1M+3.7% | $18.1M+4.6% | $18.3M+25.1% | $18.3M+59.5% | $17.5M+247.7% | $17.4M+163.5% |
| Accounts Receivable | $43.5M+4.7% | $40.3M-4.8% | $37.7M-4.9% | $37.6M+13.5% | $41.6M+18.3% | $42.4M+18.6% | $39.6M+32.3% | $33.2M+14.0% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $14.5M-1.1% | $14.5M+0.9% | $14.6M+20.3% | $14.6M+33.2% | $14.7M+378.0% | $14.4M+463.4% | $12.1M | $11.0M |
| Total Liabilities | $108.9M+1.0% | $104.3M-5.6% | $99.3M-3.1% | $106.3M-68.9% | $107.8M+45.5% | $110.5M+46.4% | $102.5M+133.9% | $342.0M+634.4% |
| Current Liabilities | $33.9M+5.7% | $31.9M-8.2% | $30.8M-0.5% | $31.8M-38.9% | $32.0M+3.8% | $34.8M+1.9% | $31.0M+38.9% | $52.0M+117.6% |
| Non-Current Liabilities | $75.0M-0.9% | $72.3M-4.4% | $68.5M-4.2% | $74.5M-74.3% | $75.7M+75.2% | $75.7M+83.2% | $71.5M+232.3% | $290.0M+1178.9% |
| Long-Term Debt | $9.0M-48.8% | $13.3M-30.1% | $14.8M-24.6% | $16.3M-8.8% | $17.5M-8.8% | $19.0M-5.2% | $19.7M | $17.9M |
| Total Equity | $119.7M-2.3% | $120.4M-1.9% | $122.9M+2.4% | $121.1M+198.3% | $122.5M+32.0% | $122.7M+34.1% | $120.0M+35.3% | -$123.2M-245.2% |
| Retained Earnings | -$10.7M-39.3% | -$8.9M-69.2% | -$7.3M-105.0% | -$8.6M-282.4% | -$7.7M-146.6% | -$5.3M-65.1% | -$3.6M+43.2% | -$2.2M+77.9% |
DTI 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.3M-204.9% | -$3.2M-230.1% | $5.3M+245.6% | $10.0M+86.8% | $2.2M+103.4% | $2.4M-26.6% | -$3.7M-162.6% | $5.3M+55.8% |
| Depreciation & Amortization | $6.9M+1.3% | $6.9M+3.0% | $6.9M+4.6% | $6.8M+10.5% | $6.8M+20.2% | $6.7M+25.3% | $6.6M+24.1% | $6.2M+16.6% |
| Stock-Based Compensation | N/A | $719K+32.9% | N/A | N/A | N/A | $541K+160.1% | N/A | N/A |
| Capital Expenditures | $4.2M-44.0% | $7.7M+52.4% | $4.0M+24.8% | $3.5M+5.2% | $7.6M-25.1% | $5.0M-19.0% | $3.2M-53.9% | $3.4M-72.3% |
| Free Cash Flow | -$6.5M-22.0% | -$10.8M-315.4% | $1.3M+119.2% | $6.4M+226.6% | -$5.4M+40.5% | -$2.6M+10.4% | -$6.9M-512.0% | $2.0M+122.5% |
| Investing Cash Flow | -$715K+85.3% | -$3.0M+59.2% | -$525K+93.0% | -$604K+96.9% | -$4.9M+31.9% | -$7.3M+62.8% | -$7.5M-94.3% | -$19.4M-192.3% |
| Financing Cash Flow | $2.7M+154.6% | $5.3M+279.5% | -$5.6M-223.6% | -$6.2M-131.0% | $1.1M+194.6% | $1.4M-94.3% | $4.5M+226350.0% | $19.9M+48551.2% |
| Share Buybacks | $0-100.0% | $706K | $113K | $544K | $608K | $0 | $0 | $0 |
Not reported in any period shown, so not listed: Dividends Paid.
DTI 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | N/A | N/A | N/A | N/A | N/A | 7.7%-6.2pp | 4.5%-13.1pp | 10.6%-8.1pp |
| Net Margin | -4.7%+1.4pp | -4.1%-0.2pp | 3.2%+6.5pp | -2.3%-4.5pp | -6.1%-7.1pp | -3.9%-12.3pp | -3.4%-14.2pp | 2.2%-9.1pp |
| Return on Equity | -1.5%+0.5pp | -1.3%+0.1pp | 1.0%+2.1pp | -0.8% | -2.0%-2.4pp | -1.4%-4.8pp | -1.1%-5.4pp | N/A |
| Return on Assets | -0.8%+0.3pp | -0.7%0.0pp | 0.5%+1.1pp | -0.4%-0.8pp | -1.1%-1.3pp | -0.7%-2.6pp | -0.6%-3.5pp | 0.4%-2.9pp |
| Current Ratio | 2.18+0.1x | 2.15+0.2x | 2.11-0.1x | 2.04+0.7x | 2.06+0.1x | 1.940.0x | 2.20+0.1x | 1.32-0.6x |
| Debt-to-Equity | 0.07-0.1x | 0.110.0x | 0.120.0x | 0.13 | 0.14-0.1x | 0.15-0.1x | 0.16+0.2x | N/A |
| Asset Turnover | 0.170.0x | 0.170.0x | 0.170.0x | 0.170.0x | 0.17-0.1x | 0.180.0x | 0.18-0.1x | 0.18-0.1x |
| FCF Margin | -17.2%-3.6pp | -28.6%-22.5pp | 3.4%+20.7pp | 16.5%+11.6pp | -13.6%+10.4pp | -6.1%+1.8pp | -17.3%-14.1pp | 4.9%+27.8pp |
Not reported in any period shown, so not listed: Gross Margin.
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.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Drilling Tools International Corporation DTI | FY2025 | $159.6M | -$3.8M | -2.4% | $70.9M | 60/100 |
| Recon Technology, Ltd. RCON | FY2026 | $16.2M | -$4.4M | -27.0% | $24.4M | 51/100 |
| Smart Sand, Inc. SND | FY2025 | $330.2M | $1.3M | 0.4% | $221.3M | 50/100 |
| Leishen Energy Holding Co., Ltd. LSE | FY2025 | $48.3M | $1.3M | 2.6% | $76.6M | 47/100 |
| Dawson Geophysical Company New DWSN | FY2025 | $75.6M | -$1.9M | -2.6% | $84.5M | 24/100 |
| NCS Multistage Holdings, Inc. NCSM | FY2025 | $183.6M | $23.7M | 12.9% | $140.0M | 61/100 |
Where Drilling Tools International Corporation Ranks
Frequently Asked Questions
What is Drilling Tools International Corporation's annual revenue?
Drilling Tools International Corporation (DTI) reported $159.6M in total revenue for fiscal year 2025. This represents a 3.4% 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.
How fast is Drilling Tools International Corporation's revenue growing?
Drilling Tools International Corporation (DTI) revenue grew by 3.4% year-over-year, from $154.4M to $159.6M in fiscal year 2025.
Is Drilling Tools International Corporation profitable?
No, Drilling Tools International Corporation (DTI) reported a net income of -$3.8M in fiscal year 2025, with a net profit margin of -2.4%.
How much debt does Drilling Tools International Corporation have?
As of fiscal year 2025, Drilling Tools International Corporation (DTI) had $3.6M in cash and equivalents against $14.8M in long-term debt.
What is Drilling Tools International Corporation's net profit margin?
Drilling Tools International Corporation (DTI) had a net profit margin of -2.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Drilling Tools International Corporation's return on equity (ROE)?
Drilling Tools International Corporation (DTI) has a return on equity of -3.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Drilling Tools International Corporation's free cash flow?
Drilling Tools International Corporation (DTI) recorded an outflow of $224K in free cash flow during fiscal year 2025. This represents a 98.7% 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.
What is Drilling Tools International Corporation's operating cash flow?
Drilling Tools International Corporation (DTI) generated $19.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Drilling Tools International Corporation's total assets?
Drilling Tools International Corporation (DTI) had $222.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Drilling Tools International Corporation's capital expenditures?
Drilling Tools International Corporation (DTI) invested $20.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Drilling Tools International Corporation's current ratio?
Drilling Tools International Corporation (DTI) had a current ratio of 2.11 as of fiscal year 2025, which is generally considered healthy.
What is Drilling Tools International Corporation's debt-to-equity ratio?
Drilling Tools International Corporation (DTI) had a debt-to-equity ratio of 0.12 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Drilling Tools International Corporation's return on assets (ROA)?
Drilling Tools International Corporation (DTI) had a return on assets of -1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Drilling Tools International Corporation's P/E ratio?
Drilling Tools International Corporation (DTI) 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 $70.9M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Drilling Tools International Corporation's price-to-sales ratio?
Drilling Tools International Corporation (DTI) trades at 0.5x sales, its market capitalization divided by revenue of $153.4M revenue, trailing 12 months to June 30, 2026. The market capitalization is $70.9M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Drilling Tools International Corporation's Piotroski F-Score?
Drilling Tools International Corporation (DTI) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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.
Are Drilling Tools International Corporation's earnings high quality?
Drilling Tools International Corporation (DTI) reported a net loss of $3.8M while generating $19.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, 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.
How financially healthy is Drilling Tools International Corporation?
Drilling Tools International Corporation (DTI) scores 60 out of 100 on our Financial Health Score, indicating moderate standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.