Welcome to our dedicated page for Drilling Tools International news (Ticker: DTI), a resource for investors and traders seeking the latest updates and insights on Drilling Tools International stock.
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 2026 second-quarter revenue of $38.1 million, including $29.6 million from tool rentals and $8.5 million from product sales. Net loss attributable to common shareholders was about $1.8 million, or -$0.05 per share. Adjusted net loss was $0.6 million, Adjusted EPS was -$0.02 per share, and Adjusted EBITDA reached $8.4 million. Adjusted free cash flow was $4.1 million. As of June 30, 2026, cash and cash equivalents totaled $2.5 million and Net Debt was $51.7 million.
For full-year 2026, DTI reaffirmed its outlook, targeting revenue of $155–$170 million, Adjusted EBITDA of $35–$45 million, Adjusted EBITDA margin of 23–26%, and Adjusted Free Cash Flow of $17–$22 million. Management highlighted traction for its ClearPath stabilizer technology and ongoing expansion across key international regions.
Drilling Tools International (NASDAQ: DTI) will release its 2026 second quarter financial results before a conference call scheduled for Friday, August 7, 2026, at 10:00 a.m. Eastern (9:00 a.m. Central). Investors can join via phone at 1-201-389-0869 or through a live webcast at the company’s investor events page.
A telephone replay will be available until August 14, 2026 at 1-201-612-7415 using passcode 13761577#, and the webcast archive will remain online for 90 days. Questions for management should be emailed in advance to DTI@dennardlascar.com.
Four Corners Property Trust (NYSE:FCPT) acquired a Drilling Tools International (NASDAQ:DTI) facility for $4.7 million.
The Louisiana property is a drilling equipment manufacturing and rental facility, corporate-operated under a long-term triple net lease with about 11 years remaining, and was priced at a 7.1% cap rate including rent credits at closing.
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.