Welcome to our dedicated page for Drilling Tools International Corporation news (Ticker: DTI), a resource for investors and traders seeking the latest updates and insights on Drilling Tools International Corporation stock.
Drilling Tools International (DTI) delivers specialized downhole drilling solutions for the global energy sector. This page provides investors and industry professionals with direct access to official press releases, financial announcements, and operational updates from the company.
Discover timely information on quarterly earnings, equipment innovations, and strategic partnerships that shape DTI's role in horizontal drilling technology. Our curated news collection helps stakeholders track the company's market position, service expansions across North America and international markets, and advancements in tool refurbishment processes.
All content is sourced directly from DTI's communications to ensure accuracy and compliance with financial disclosure standards. Bookmark this page for streamlined access to developments impacting the oilfield services sector, including updates from the company's Houston headquarters and regional service centers.
Drilling Tools International (NASDAQ: DTI) reported Q3 2025 results: Total revenue $38.8M (Tool Rental $31.9M; Product Sales ~$7.0M) and a net loss attributable to common stockholders of $0.9M (loss $0.03/share). Adjusted metrics included Adjusted EBITDA $9.1M, Adjusted Net Income $0.75M and Adjusted Free Cash Flow $5.6M. Cash was ~$4.4M and Net Debt ~$46.9M as of Sept 30, 2025.
Management highlighted debt reduction and shareholder returns: $5.6M debt paid down, cash up $3.2M, and $0.55M of share buybacks. Eastern Hemisphere revenue grew 41% quarter-over-quarter, contributing ~15% of Q3 revenue. Company maintained its 2025 full-year guidance ranges.
Drilling Tools International (NASDAQ: DTI) will report its 2025 third quarter financial results and hold a live conference call on Friday, November 7, 2025 at 10:00 a.m. ET / 9:00 a.m. CT.
The company will release results prior to the call. Investors can join via phone by dialing 1-201-389-0869 or via live webcast at https://investors.drillingtools.com/news-events/events. A replay is available through November 14, 2025 at phone 1-201-612-7415 (passcode 13755802#), and the webcast archive will be posted for 90 days.
Questions for management may be submitted in advance by email to DTI@dennardlascar.com. DTI operates service centers across North America, EMEA and APAC and provides rental-focused downhole drilling tools.
Drilling Tools International Corp. (NASDAQ: DTI) reported Q2 2025 results with total revenue of $39.4 million, including $32.8 million from Tool Rental and $6.7 million from Product Sales. The company posted a net loss of $2.4 million and Adjusted EBITDA of $9.3 million.
Despite market challenges including lower commodity prices and reduced rig count, DTI's Eastern Hemisphere segment showed strong performance with 46% quarter-over-quarter revenue growth. The company maintained its 2025 guidance with expected revenue of $145-165 million and Adjusted EBITDA of $32-42 million.
DTI is on track to achieve its $6 million cost reduction target for 2025, implemented to align with customer activity levels. The company ended Q2 with $1.1 million in cash and net debt of $55.8 million.
Drilling Tools International Corp. (NASDAQ: DTI), a global oilfield services company specializing in drilling tools and solutions, has scheduled its 2025 second quarter earnings release and conference call for Thursday, August 14, 2025. The conference call will begin at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).
Investors can access the call by dialing 1-201-389-0869 or via webcast at the company's investor relations website. A replay will be available through August 21, 2025, using passcode 13754878#, and the webcast archive will be accessible for 90 days.
- Revenue: $42.9 million (up 16% YoY and 7.6% QoQ) - Tool Rental revenue: $34.5 million - Product Sales revenue: $8.3 million - Net Loss: $1.7 million - Adjusted EBITDA: $10.8 million (up 18% YoY)
The company updated its 2025 guidance due to market uncertainty: - Revenue: $145-165 million - Adjusted EBITDA: $32-42 million - Adjusted Free Cash Flow: $14-19 million
DTI implemented a cost-cutting program targeting $6 million in savings for 2025 to address potential market disruptions from tariffs, recession fears, and OPEC+ production increases.
Drilling Tools International Corp. (NASDAQ: DTI), a global oilfield services company specializing in drilling tools and solutions, has scheduled its 2025 first quarter earnings release and conference call for May 14, 2025, at 10:00 a.m. Eastern Time.
The company will host a live conference call accessible via phone (dial-in: 1-201-389-0869) or webcast at https://investors.drillingtools.com/news-events/events. A replay will be available through May 21, 2025, using passcode 13753220#, and the webcast archive will be accessible for 90 days.
DTI, headquartered in Houston, Texas, operates from 16 service centers across North America and 11 international centers in EMEA and APAC regions, providing rental-focused tools for onshore and offshore drilling operations.
Drilling Tools International Corp. (NASDAQ: DTI) has reported its financial results for 2024, with total consolidated revenue of $154.4 million. The company's Tool Rental revenue reached $117.9 million, while Product Sales revenue was $36.5 million.
Key financial metrics for 2024 include:
- Income from Operations: $13.4 million
- Net Income: $3.0 million
- Adjusted Net Income: $10.1 million
- Diluted EPS: $0.09
- Adjusted EBITDA: $40.1 million
- Adjusted Free Cash Flow: $17.2 million
In Q4 2024, DTI generated total revenue of $39.8 million but recorded a net loss of $1.3 million. The company maintains $6.2 million in cash and cash equivalents, with net debt of $47.6 million. Despite challenging market conditions, DTI expects significant international revenue growth in 2025, supported by recent acquisitions including Superior Drilling Products, Deep Casing Tools, European Drilling Projects, and Titan Tools Services.
Drilling Tools International Corp. (NASDAQ: DTI), a global oilfield services company specializing in drilling tools and solutions, has announced its participation in three major investor conferences in March 2025:
- 5th Annual Thrive Energy Conference (March 5-6) in Houston, featuring CEO Wayne Prejean in a panel discussion
- 37th Annual Roth Conference (March 16-18) in Dana Point, California, including Prejean's participation in the Industrial Pivot Panel
- Piper Sandler 25th Annual Energy Conference (March 17-19) in Las Vegas
DTI, established in 1984, operates from 16 service centers across North America and 11 international centers in EMEA and APAC regions. The company specializes in manufacturing and renting downhole drilling tools for horizontal and directional drilling operations.