Welcome to our dedicated page for Drilling Tools International Corporation SEC filings (Ticker: DTI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission (SEC) filings for Drilling Tools International Corporation (NASDAQ: DTI), an oilfield services company based in Houston, Texas. Through these documents, investors can review the company’s official disclosures about its business of designing, engineering, manufacturing and renting downhole drilling tools for horizontal and directional drilling of oil and natural gas wells.
DTI’s periodic reports, such as its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, describe its operations in the crude petroleum and natural gas extraction value chain, outline risk factors, and present detailed financial statements. These filings also discuss topics referenced in press releases, including revenue from tool rental and product sales, non-GAAP measures like Adjusted EBITDA and Adjusted Free Cash Flow, acquisition activity and capital allocation decisions.
The company also files Current Reports on Form 8-K to disclose material events. Recent 8-K filings have covered quarterly earnings announcements, investor presentations, changes in Board and leadership roles, and the passing of the company’s Chairman of the Board. Such filings can be useful for tracking governance developments and other significant corporate actions.
On Stock Titan, DTI’s filings are updated as they become available from the SEC’s EDGAR system. AI-powered summaries help explain the key points in lengthy documents, highlight notable changes from prior periods and point out items that may interest shareholders, such as governance updates reported under Item 5.02 or financial results reported under Item 2.02. Users can also review filings that would include insider transactions and executive compensation information when those documents are filed.
Drilling Tools International Corp president Michael Wayne Domino Jr. reported an open-market sale of 2,083 shares of common stock at $3.58 per share, leaving him with 1,449,999 shares held directly. The sale was completed under a pre-arranged Rule 10b5-1 trading plan adopted on November 17, 2025.
On February 27, 2026, he was granted 22,859 restricted stock units that vest in three annual installments, and 68,577 performance stock units tied 100% to EBITDA performance over a three-year period, with payout ranging from 50% at threshold to 200% at maximum. All shares subject to his stock options are reported as vested.
Drilling Tools International Corporation is holding its 2026 annual stockholders meeting as a virtual webcast on April 28, 2026 at 1:00 p.m. Central Time. Holders of 35,188,260 common shares as of March 3, 2026 may vote.
Stockholders will elect seven directors for one-year terms and vote on ratifying Grant Thornton LLP as independent auditor for 2026, following a 2025 transition from Weaver and Tidwell. The proxy also describes board refreshment plans, governance practices, cybersecurity oversight and 2025 executive pay, including performance-based cash bonuses and equity awards under the 2023 Omnibus Incentive Plan.
Drilling Tools International Corp Chief Executive Officer Robert Wayne Prejean reported equity compensation activity. On February 27, 2026, he received 85,721 restricted stock units and 257,162 performance stock units under the 2026 long-term incentive program, with PSUs tied to EBITDA performance over three years. On February 28, 2026, he exercised 71,090 RSUs into common stock at no cash exercise price, increasing his direct common stock holdings to 509,619 shares.
Drilling Tools International Corp Vice President of Sales Aldo Rodriguez reported equity compensation awards and an option-related share delivery. On February 27, 2026, he was granted 21,430 restricted stock units (RSUs) and 64,291 performance stock units (PSUs) under the 2023 Omnibus Incentive Plan and the 2026 long-term incentive program.
The RSUs vest in substantially equal installments over three years, subject to continued service. The PSUs can convert into common stock based on EBITDA performance over a three-year period, with payout ranging from 50% of target at threshold to 200% at maximum achievement.
On February 28, 2026, Rodriguez settled 25,500 RSUs into an equal number of common shares at a stated price of $0.00 per share, increasing his direct common stock holdings to 135,987 shares. Following these awards, he directly holds RSUs and PSUs representing additional potential common stock, with all shares subject to his stock options now vested.
Drilling Tools International Corp executive Michael Wayne Domino Jr. reported routine equity compensation activity. He exercised 25,277 previously granted restricted stock units into the same number of common shares at a $0.00 exercise price, bringing his direct common stock holdings to 1,452,082 shares.
He also received new long-term incentives under the 2026 program: 22,859 RSUs that vest in three equal annual installments and 68,577 performance stock units tied 100% to EBITDA goals over a three-year period, with payout opportunities from 50% at threshold to 200% at maximum performance. All shares subject to his existing stock options are vested.
Drilling Tools International Corp’s Chief Financial Officer David Richard Johnson reported routine equity compensation and an option-related share delivery. On February 27, 2026, he was granted 37,336 restricted stock units (RSUs) and 112,009 performance stock units (PSUs), each representing a contingent right to one common share.
The new RSUs vest in three equal annual installments from the grant date, while the PSUs vest over a three-year performance period based on EBITDA, with a payout range from 50% to 200% of the target award. On February 28, 2026, he also exercised 30,964 RSUs into an equal number of common shares at a conversion price of $0.00 per share, leaving him with 76,611 common shares held directly after the transaction.
Drilling Tools International Corp officer Trent Pope reported new equity awards and a routine vesting event. On February 27, 2026, he was granted 22,502 restricted stock units (RSUs) and 67,505 performance stock units (PSUs) under the company’s 2023 Omnibus Incentive Plan as part of the 2026 long-term incentive program.
Each RSU and PSU represents a right to receive one share of common stock. The RSUs vest in substantially equal installments over three years, subject to continued service. The PSUs vest over a three-year period based on EBITDA performance, with payout opportunities from 50% of target at threshold to 200% at maximum.
On February 28, 2026, Pope exercised 15,000 RSUs, acquiring 15,000 shares of common stock at a price of $0.00 per share. Following these transactions, he directly holds 45,000 RSUs and 15,000 shares of common stock, and the filing shows no remaining stock option underlying shares.
Drilling Tools International Corporation is a Delaware-based oilfield services company focused on renting specialized downhole drilling tools for onshore and offshore operations worldwide. It operates Western and Eastern Hemisphere segments, supported by 15 North American and 11 international service centers.
The company reports long-term growth, increasing revenue by 357% from $35 million in 2012 to $160 million in 2025, and serving major OFS and E&P customers. As of June 30, 2025, non‑affiliate equity market value was $49.8 million, and 35,185,760 common shares were outstanding as of March 3, 2026.
The filing highlights a rental-focused strategy, recent acquisitions in Europe and the Middle East, proprietary IT (COMPASS), and safety programs. Key risks center on oil and gas price cycles, customer concentration, labor availability, regulation (including environmental and climate rules), tariffs, cybersecurity, and volatility in the stock price.
Drilling Tools International Corp. (DTI) reported 2025 results showing modest revenue growth but a small loss on a GAAP basis, alongside solid cash generation. For 2025, total revenue reached $159.6 million, with $129.6 million from tool rentals and about $30.1 million from product sales. The company recorded a net loss attributable to shareholders of about $3.8 million, or $(0.11) per share, but delivered Adjusted Net Income of $3.4 million and Adjusted EBITDA of $39.3 million. Adjusted Free Cash Flow was $19.2 million, helping reduce net debt to $42.2 million as of year end.
In the fourth quarter, revenue was $38.5 million, with tool rental revenue of $30.4 million and product sales of about $8.1 million. DTI generated net income attributable to stockholders of $1.2 million, or $0.03 per share, and Adjusted EBITDA of $10.1 million and Adjusted Free Cash Flow of $6.1 million. Management highlighted debt reduction of over $11 million in the second half of 2025 and share repurchases of approximately $1.3 million of treasury stock. Eastern Hemisphere operations nearly doubled their revenue contribution to 14% of total revenue.
For 2026, DTI issued an outlook targeting revenue of $155–$170 million, Adjusted EBITDA of $35–$45 million, and Adjusted Free Cash Flow of $17–$22 million, implying year-over-year growth at the midpoint despite expectations for relatively soft activity early in the year.