Drilling Tools International Corporation Financials
Drilling Tools International Corporation (DTI) reported $159.6M in revenue for fiscal year 2025, up 3.4% from the prior fiscal year. 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).
Drilling Tools International looks like a cash-generative but capital-hungry operator, where depreciation cushions earnings while reinvestment absorbs cash.
FY2025 still produced a net loss, yet operating cash flow reached$19.9M ; with capital spending at$20.1M , the weak earnings picture reflects heavy noncash charges and a business that must keep reinvesting to stand still. That helps explain why free cash flow was almost flat in FY2025 after two much more negative years, even though the recent revenue base changed little.
The earnings squeeze looks more like a cost-structure issue than a product-margin collapse, because reported gross margin stayed above
The balance sheet is not cash-rich, even with a current ratio of 2.1x, because cash was only
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 passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 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 $159.6M in revenue in fiscal year 2025. This represents an increase of 3.4% from the prior year.
Drilling Tools International Corporation reported -$3.8M in net income in fiscal year 2025. This represents a decrease of 224.8% from the prior year.
Drilling Tools International Corporation earned -$0.11 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 222.2% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Drilling Tools International Corporation recorded an outflow of $224K in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents an increase of 98.7% from the prior year.
Drilling Tools International Corporation held $3.6M in cash against $14.8M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Drilling Tools International Corporation's net profit margin was -2.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.3 percentage points from the prior year.
Drilling Tools International Corporation's ROE was -3.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 5.6 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Drilling Tools International Corporation spent $1.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Drilling Tools International Corporation invested $20.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 12.0% from the prior year.
Not reported for fiscal year 2025.
DTI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue | $153.4M | $159.6M+3.4% | $154.4M+1.6% | $152.0M+17.4% | $129.6M |
| Cost of Revenue | N/A | N/A | $38.5M+8.4% | $35.5M | N/A |
| Gross Profit | N/A | N/A | $116.0M-0.5% | $116.5M | N/A |
| SG&A Expenses | $79.7M | $82.2M+4.5% | $78.7M+15.3% | $68.3M+32.4% | $51.6M |
| Operating Income | N/A | N/A | $13.4M-51.9% | $27.9M+10.4% | $25.3M |
| Interest Expense | N/A | N/A | $3.4M+205.4% | $1.1M+387.2% | -$384K |
| Income Tax | -$315K | $905K+3116.7% | -$30K-100.6% | $5.0M+36.5% | $3.7M |
| Net Income | -$3.0M | -$3.8M-224.8% | $3.0M-79.6% | $14.7M-30.0% | $21.1M |
| EPS (Diluted) | — | -$0.11-222.2% | $0.09-84.7% | $0.59 | $1.07 |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
DTI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Total Assets | $222.2M-0.1% | $222.4M+67.9% | $132.5M+25.9% | $105.2M |
| Current Assets | $64.9M-4.7% | $68.1M+46.7% | $46.4M+15.6% | $40.2M |
| Cash & Equivalents | $3.6M-41.0% | $6.2M+3.0% | $6.0M+155.2% | $2.4M |
| Inventory | $18.1M+3.7% | $17.5M+247.7% | $5.0M+53.4% | $3.3M |
| Accounts Receivable | $37.7M-4.9% | $39.6M+32.3% | $29.9M+3.2% | $29.0M |
| Goodwill | $14.6M+20.3% | $12.1M | $0 | N/A |
| Total Liabilities | $99.3M-3.1% | $102.5M+133.9% | $43.8M-21.9% | $56.1M |
| Current Liabilities | $30.8M-0.5% | $31.0M+38.9% | $22.3M-38.5% | $36.2M |
| Long-Term Debt | $14.8M-24.6% | $19.7M | $0 | N/A |
| Total Equity | $122.9M+2.4% | $120.0M+35.3% | $88.7M+184.0% | $31.2M |
| Retained Earnings | -$7.3M-105.0% | -$3.6M+43.2% | -$6.3M+70.0% | -$21.1M |
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.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating Cash Flow | $9.8M | $19.9M+228.9% | $6.1M-74.0% | $23.3M+66.7% | $14.0M |
| Capital Expenditures | $19.5M | $20.1M-12.0% | $22.9M-47.7% | $43.8M+77.2% | $24.7M |
| Free Cash Flow | -$9.6M | -$224K+98.7% | -$16.8M+17.5% | -$20.4M-90.9% | -$10.7M |
| Investing Cash Flow | -$4.8M | -$13.3M+75.2% | -$53.6M-124.5% | -$23.9M-843.2% | -$2.5M |
| Financing Cash Flow | -$3.8M | -$9.3M-119.4% | $47.9M+1014.9% | $4.3M+146.0% | -$9.3M |
| Share Buybacks | $1.4M | $1.3M | $0 | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
DTI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Gross Margin | N/A | 75.1%-1.6pp | 76.6% | N/A |
| Operating Margin | N/A | 8.7%-9.7pp | 18.4%-1.2pp | 19.5% |
| Net Margin | -2.4%-4.3pp | 1.9%-7.8pp | 9.7%-6.6pp | 16.3% |
| Return on Equity | -3.1%-5.6pp | 2.5%-14.1pp | 16.6%-50.9pp | 67.5% |
| Return on Assets | -1.7%-3.0pp | 1.4%-9.8pp | 11.1%-8.9pp | 20.0% |
| Current Ratio | 2.11-0.1x | 2.20+0.1x | 2.08+1.0x | 1.11 |
| Debt-to-Equity | 0.120.0x | 0.16+0.2x | 0.00-1.8x | 1.80 |
| FCF Margin | -0.1%+10.8pp | -10.9%+2.5pp | -13.4%-5.2pp | -8.3% |
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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 Piotroski F-Score?
Drilling Tools International Corporation (DTI) has a Piotroski F-Score of 4 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 59 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.