Welcome to our dedicated page for Drilling Tools International 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.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Drilling Tools International's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Drilling Tools International's regulatory disclosures and financial reporting.
Drilling Tools International Corp executive Michael Wayne Domino Jr., President of the DTR Division, reported selling 2,083 shares of common stock on August 14, 2026 at $2.50 per share in a sale classified as an open-market or private transaction, completed pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025. Following this sale, he directly holds 1,430,006 shares of common stock. He also holds various equity awards, including time-based restricted stock units granted on February 27, 2026 that vest in three annual installments, and earlier RSUs vesting over four years from February 28, 2025. In addition, he was granted 68,577 performance stock units on February 27, 2026 with EBITDA-based performance conditions over a three-year period, offering a 50% payout at threshold and up to 200% at maximum performance. All shares subject to certain reported stock options are stated to be fully vested.
Drilling Tools International Corporation reported Q2 2026 total revenue of $38,072k, compared with $39,421k a year earlier. Tool rental revenue was $29,572k and product sales were $8,500k. The quarter produced a net loss attributable to shareholders of $1,788k, or $0.05 per basic and diluted share.
For the first six months of 2026, revenue was $76,031k versus $82,301k in 2025, with a net loss of $3,328k, or $0.09 per share. Net cash used in operating activities was $(5,466)k, compared with $4,626k provided in the prior-year period, and cash ended at $2,520k.
As of June 30, 2026, total assets were $228,591k and total liabilities were $108,870k, including $39,330k outstanding under the revolving credit facility and total long-term debt of $54,219k maturing through 2029. The Titan Tools acquisition contributed revenue of $4.3 million and net income of $0.1 million in the first half of 2026.
Drilling Tools International Corporation reported second-quarter 2026 results and reaffirmed its full-year 2026 outlook. For the three months ended June 30, 2026, total revenue was $38.1 million, including $29.6 million of tool rental revenue and $8.5 million of product sales, compared with $39.4 million a year earlier. Net loss attributable to shareholders was $1.8 million, or $(0.05) per share, improving from a loss of $2.4 million, or $(0.07) per share, in the prior-year quarter.
Adjusted metrics showed mixed trends. Second-quarter Adjusted EBITDA was $8.4 million versus $9.3 million a year ago, while Adjusted Free Cash Flow increased to $4.1 million from $1.8 million. As of June 30, 2026, cash and cash equivalents were $2.5 million and Net Debt was $51.7 million. For full-year 2026, the company reaffirmed guidance for revenue of $155–$170 million, Adjusted EBITDA of $35–$45 million and Adjusted Free Cash Flow of $17–$22 million, which management states represent growth at the midpoint compared to 2025 results.
Drilling Tools International Corporation reported Q2 2026 revenue of $38.1 million, consisting of $29.6 million of tool rental and $8.5 million of product sales. The company recorded a net loss attributable to shareholders of $1.8 million, or $0.05 per share, compared with a $2.4 million loss a year earlier. Q2 2026 Adjusted EBITDA was $8.4 million, and Adjusted Free Cash Flow was $4.1 million, up from $1.8 million in Q2 2025.
For the first six months of 2026, revenue totaled $76.0 million versus $82.3 million in the prior-year period, with a net loss attributable to shareholders of $3.3 million. Six‑month Adjusted EBITDA was $15.9 million, and Adjusted Free Cash Flow was $4.0 million. At June 30, 2026, total assets were $228.6 million, total liabilities $108.9 million and total equity $119.7 million, including cash of $2.5 million.
Operationally, the Eastern Hemisphere contributed 18% of Q2 2026 revenue, up from 14% a year earlier. Management highlights a global footprint, a larger patented product portfolio and completed acquisitions. For full-year 2026, the company guides to revenue of $155–$170 million, Adjusted EBITDA of $35–$45 million and Adjusted Free Cash Flow of $17–$22 million, implying Adjusted EBITDA margins of 23–26% and Adjusted Free Cash Flow margins of 11–13%.
Drilling Tools International Corp CEO and director Robert Wayne Prejean reported tax-related share withholding and new equity awards. On February 28, 2026, the company withheld 18,543 shares of common stock from vested RSUs to cover tax obligations, leaving him with 491,076 common shares held directly. An earlier Form 4 had overstated the shares retained; this amendment corrects that amount. Footnotes also describe a February 27, 2026 grant of 85,721 restricted stock units vesting over three years and 257,162 performance stock units tied to EBITDA-based performance over a three-year period, plus stock options for which all underlying shares are vested.
Drilling Tools International Corp’s Chief Financial Officer, David Richard Johnson, corrected a prior insider report to show that 9,181 shares of common stock were withheld on February 28, 2026 to pay taxes upon RSU vesting, leaving him with 67,430 directly held shares. Footnotes also describe equity incentives granted on February 27, 2026, including 37,336 RSUs vesting over three years and 112,009 PSUs tied to EBITDA performance over a three-year period under the 2026 long-term incentive program.
Drilling Tools International Corp vice president Pope Trent corrected an earlier ownership report. Following RSU vesting on February 28, 2026, 4,448 shares of common stock were withheld by the company to pay taxes, leaving 10,552 shares held directly, instead of the 15,000 shares previously reported.
Drilling Tools International Corp Vice President of Sales Aldo Rodriguez amended a prior insider report to show that 7,561 shares of common stock were withheld on February 28, 2026 to cover taxes upon RSU vesting, leaving 128,426 directly held shares. Footnotes describe equity awards granted on February 27, 2026, including 21,430 restricted stock units vesting over three years and 64,291 performance stock units tied 100% to EBITDA-based targets, with payout opportunities ranging from 50% at threshold to 200% at maximum performance.
Drilling Tools International Corp executive Michael Wayne Domino Jr., President of the DTR Division, amended a prior insider report to correct his post-vesting share count. Following restricted stock unit vesting on 2026-02-28, 7,495 shares of common stock were withheld by the company to cover tax obligations, and his direct holdings total 1,432,089 common shares after this disposition. The amendment notes that an earlier filing had incorrectly indicated he retained 25,277 shares. Domino also holds equity awards granted on 2026-02-27 under the 2026 long-term incentive program, including 22,859 RSUs and 68,577 PSUs tied to EBITDA-based performance over a three-year period.
Drilling Tools International Corp President, DTR Division, Michael Wayne Domino Jr. reported an open-market sale of 2,083 shares of common stock at $2.56 per share. After this trade, he directly holds 1,439,584 common shares.
The sale was completed under a pre-arranged Rule 10b5-1 trading plan adopted on November 17, 2025, indicating it was scheduled in advance. On February 27, 2026, he was also granted 22,859 restricted stock units and 68,577 performance stock units under the 2026 long-term incentive program, with vesting tied to time and EBITDA-based performance over three years.