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.
Drilling Tools International Corporation filings document the formal disclosures of a Nasdaq-listed oilfield services company with common stock trading under DTI. Recent 8-K reports furnish operating and financial results, Regulation FD investor presentations, and updates on Tool Rental and Product Sales performance, cash, debt, adjusted EBITDA and adjusted free cash flow.
Proxy and governance filings cover annual meeting voting, director elections, board composition, committee matters and executive compensation disclosures. Other current reports document board appointments, director departures and related Item 5.02 governance events, alongside the company's registered common stock and Exchange Act reporting status.
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.
Drilling Tools International Corp executive Michael Wayne Domino Jr., President of the DTR Division, reported an open-market sale of 2,083 shares of common stock at $3.07 per share. After this sale, he directly holds 1,441,667 common shares.
The sale was completed under a Rule 10b5-1 trading plan adopted on November 17, 2025, indicating it was pre-scheduled. The filing also notes equity incentives: on February 27, 2026, he was granted 22,859 restricted stock units and 68,577 performance stock units under the 2026 long-term incentive program, which vest over multiple years and depend on EBITDA-based performance.
DTI filed a Form 144 notice reporting multiple proposed sales of Common Stock by Michael Domino. The filing lists sale dates between 02/17/2026 and 04/15/2026 with individual transactions of 2,083, 4,166, 997, 3,169, and 2,083 shares shown. The securities are listed as issued under Equity Compensation and the market is Nasdaq.
Drilling Tools International Corp ownership disclosure: Sammons Capital, Inc. reports beneficial ownership of 2,512,366 shares of common stock, representing 7.14% of the class. The percent is calculated using 35,139,094 shares outstanding as of May 3, 2026. The filing identifies the class as Common Stock, $0.0001 par value (CUSIP 26205E107) and is signed by Yolanda Brown on 05/13/2026.
This statement formalizes an institutional ownership stake in DTI and provides the voting and dispositive powers reported as sole authority for the full 2,512,366 shares.
Drilling Tools International Corp director Jack D. Furst exercised equity awards into common stock. On May 13, 2026, he converted 28,626 restricted stock units into the same number of common shares, a non-cash derivative exercise at an exercise price of $0.00 per share. After this transaction, he holds 60,948 common shares directly, plus indirect interests in 458,737 shares held by JDF Long Term Trust, where he may be deemed to have voting and dispositive power. An additional 118,252 shares are held by Oak Stream Investors II, Ltd., where he disclaims beneficial ownership beyond his pecuniary interest. All stock options held by him are vested and were issued in exchange for options to purchase 250,000 Legacy DTI shares at $0.85 per share in connection with the prior business combination.
Drilling Tools International director Eric C. Neuman exercised equity awards and increased his direct common stock holdings. On May 13, 2026, he exercised restricted stock units representing 28,626 shares of common stock at an exercise price of $0.00 per share, reflecting vested compensation rather than an open‑market purchase. Following the transaction, he directly holds 341,522 shares of Drilling Tools International common stock. Footnotes explain that each restricted stock unit converts into one share of common stock and that one award vested 100% on May 13, 2026, with a separate award scheduled to vest 100% on April 28, 2027.
Drilling Tools International Corp director Curt L. Crofford exercised restricted stock units into common shares. On May 13, 2026, he acquired 28,626 shares of common stock through the exercise of restricted stock units, each unit representing one share. Following this transaction, he directly holds 145,395 shares of common stock. The related restricted stock units vested 100% on May 13, 2026, one year after the grant date, while a separate grant of restricted stock units is scheduled to vest 100% on April 28, 2027.
Drilling Tools International Corporation reported a net loss attributable to stockholders of $1.5 million, or $0.04 per share, for the three months ended March 31, 2026, compared with a loss of $1.7 million a year earlier.
Total revenue declined to $38.0 million from $42.9 million, as tool rental revenue fell while product sales increased modestly. Cash used in operating activities was $3.2 million versus $2.4 million provided in the prior-year period, and capital expenditures rose to $7.7 million. Total assets were $224.7 million and total equity was $120.4 million at March 31, 2026. The company had $32.5 million drawn on its revolving credit facility and repurchased 206,800 shares for $0.7 million in the quarter.
Drilling Tools International reported Q1 2026 revenue of $38.0 million, down from $42.9 million a year earlier, with tool rental revenue of $28.9 million and product sales of about $9.0 million. The company posted a net loss attributable to stockholders of $1.5 million, or $0.04 per share.
Adjusted EBITDA was $7.5 million and Adjusted Net Loss was $1.0 million, with Adjusted Free Cash Flow slightly negative at about $0.2 million. Management reaffirmed its 2026 outlook, targeting full‑year revenue of $155–$170 million, Adjusted EBITDA of $35–$45 million and Adjusted Free Cash Flow of $17–$22 million, and highlighted completion of its transition to a fully independent, broadly held public company with a refreshed board.
Drilling Tools International Corporation released an investor presentation alongside its latest update, outlining recent performance, strategy and 2026 financial outlook. The company supplies mission‑critical drilling tools with an extensive rental fleet active on roughly 50% of North American drilling rigs and an expanding presence across Europe, the Middle East, Africa and Asia Pacific.
For Q1 2026, DTI reported $38.0 million in revenue and $7.5 million in Adjusted EBITDA, with 83% of revenue from the Western Hemisphere and 17% from the Eastern Hemisphere. Management highlights sustainable free cash flow, with annual Adjusted Free Cash Flow rising each year since going public, and a year‑end 2025 Leverage Ratio of 1.1x, reflecting relatively low net debt versus earnings.
The presentation details an acquisitive growth model in a fragmented rental tool industry, including four completed acquisitions since becoming public, a portfolio expanded to 16 patented products supported by about 150 active patents, and more than 325 Master Service Agreements. For full‑year 2026, DTI guides to revenue of $155–$170 million, Adjusted EBITDA of $35–$45 million and Adjusted Free Cash Flow of $17–$22 million, supported by capital expenditures of $18–$23 million and an expected Adjusted Free Cash Flow margin around prior‑year levels.