Drilling Tools International Corporation reports developments tied to its oilfield services business, which designs, engineers, manufactures and rents downhole drilling tools for onshore and offshore horizontal and directional drilling of oil and natural gas wells. Company updates commonly address Tool Rental and Product Sales revenue, demand across U.S. land, offshore and international markets, and solutions used across the well life cycle.
DTI news also covers quarterly and annual results, earnings-call schedules, outlook commentary, acquisitions that add drilling tools or technology, and governance changes as the company operates with broader public ownership and a refreshed board structure.
Drilling Tools International (NASDAQ: DTI) reported Q1 2026 results and reaffirmed 2026 guidance on May 7, 2026. Q1 revenue was $38.0 million (Tool Rental $28.9M; Product Sales ~$9.0M). Net loss attributable to stockholders was $1.5 million (loss $0.04 per share).
Q1 Adjusted EBITDA was $7.5 million, Adjusted Net Loss was $1.0 million, and Adjusted Free Cash Flow was a $0.16 million loss. Cash was $2.8 million and net debt was $48.9 million. Company reaffirmed full-year 2026 guidance: Revenue $155–170M; Adjusted EBITDA $35–45M; Adjusted FCF $17–22M. HHEP completed distribution increasing public float and board refreshed for independent governance.
Drilling Tools International (NASDAQ: DTI) will report 2026 first quarter financial results and hold a live earnings conference call on Friday, May 8, 2026 at 10:00 a.m. ET (9:00 a.m. CT). The call is accessible by phone or webcast; a replay and webcast archive will be available.
Investors may submit questions to the company via email before the call.
Drilling Tools International (NASDAQ: DTI) reported 2025 revenue of $159.6M (Tool Rental $129.6M; Product Sales $30.1M) and a net loss attributable to shareholders of $3.8M (loss $0.11/share). Adjusted EBITDA was $39.3M and Adjusted Free Cash Flow was $19.2M. Cash totaled $3.6M and net debt was $42.2M, a trailing-12-month net debt to Adjusted EBITDA multiple of 1.1x. Management completed four acquisitions in 24 months, Eastern Hemisphere revenue rose to ~14% of total, and 2026 outlook ranges target $155M–$170M revenue and $35M–$45M Adjusted EBITDA.
Drilling Tools International (NASDAQ: DTI) will release 2025 fourth quarter and full year financial results and host a live conference call on Friday, March 6, 2026 at 10:00 a.m. ET (9:00 a.m. CT).
The call is accessible via phone or webcast; replay available through March 13, 2026 and the webcast archive will remain online for 90 days.
Drilling Tools International Corp (NASDAQ: DTI) announced the immediate appointment of Ira H. Green, Jr. to its Board of Directors effective January 27, 2026. Mr. Green brings over 30 years of energy capital markets experience, including senior roles at Piper Sandler, Simmons & Company, Merrill Lynch, The First Boston Corporation and Morgan Stanley, plus prior CEO/CFO experience at SalvageSale.
The board will assign Mr. Green to committees at a later date. The appointment is described as part of the Board's 2026 refreshment and succession planning, which began in summer 2025 and will continue ahead of the 2026 Annual Meeting of Stockholders.
Drilling Tools International Corp. (NASDAQ: DTI) announced that Chairman Thomas O. Hicks Sr. died peacefully on December 6, 2025, at age 79.
Hicks was a founder-level investor who helped acquire and grow businesses that became DTI, led the 2013 rebrand to Drilling Tools International, and supported the company’s growth to a Nasdaq listing in 2023. The release highlights his roles in other investments, civic projects in Dallas, service on the University of Texas Board of Regents, and public service.
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.