Every 10-Q that Drilling Tools International Corporation (DTI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow DTI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DTI filings page.
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 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 (DTI) reported Q3 2025 results showing lower revenue and a net loss as it integrates recent acquisitions and shifts to a new segment structure. Revenue was $38.8 million in Q3 2025 versus $40.1 million a year ago, driven by $31.9 million tool rental and $7.0 million product sales. The company posted a net loss of $0.9 million (vs. $0.9 million profit in Q3 2024).
For the nine months ended September 30, 2025, revenue was $121.1 million (vs. $114.6 million) and the net loss was $5.0 million (vs. $4.4 million profit). Costs rose across SG&A and depreciation/amortization, and the period includes a $1.9 million goodwill impairment. Operating cash flow improved to $14.6 million, funding capex and acquisition outlays, ending with cash of $4.4 million.
The balance sheet shows total assets $227.4 million, total liabilities $106.3 million, and equity $121.1 million. Borrowings included a $29.0 million revolving line and $22.3 million of term debt (current and long-term). DTI realigned into Eastern and Western Hemisphere segments and continued M&A, including Titan ($10.8 million) in January 2025, following EDP ($13.9 million), SDPI ($47.9 million) and CTG ($20.9 million). Two customers represented 27% of Q3 revenue. As of November 7, 2025, common shares outstanding were 35,198,778.
Drilling Tools International reported net revenue of $39.4 million for the quarter and $82.3 million for the six months, led by higher tool rental revenue. The company recorded a quarterly net loss of $2.4 million (basic and diluted loss per share $0.07) and a six-month net loss of $4.08 million (loss per share $0.11). Cash declined to $1.145 million from $6.185 million at year-end and the company had $33.1 million drawn on its revolving credit facility; total long-term debt was $56.9 million with $35.7 million maturing in 2029. Total assets were $230.3 million and shareholders' equity was $122.5 million. The period included multiple acquisitions that increased intangible assets to $44.5 million and goodwill to $14.7 million, and management recorded a $1.9 million goodwill impairment related to the post-reorganization reporting units.