Drilling Tools International financials
$2.30−2.54%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $38.1M | $38.0M | $38.5M | $38.8M | $39.4M | $42.9M | $39.8M | $40.1M | $37.5M | $37.0M | $35.2M | $38.1M |
| Gross profit | $27.2M | $26.8M | $28.5M | $28.7M | $29.5M | $31.6M | $29.7M | $30.3M | $27.5M | $28.4M | $27.1M | $29.0M |
| Gross margin | 71.3% | 70.7% | 74.0% | 73.9% | 74.9% | 73.8% | 74.5% | 75.6% | 73.4% | 76.9% | 77.0% | 76.0% |
| Operating income | $347.0K | -$306.0K | $2.5M | $1.5M | $1.7M | $1.4M | $1.8M | $4.3M | $2.2M | $5.1M | $4.5M | $7.1M |
| Net income | -$1.8M | -$1.5M | $1.2M | -$903.0K | -$2.4M | -$1.7M | -$1.3M | $867.0K | $365.0K | $3.1M | $3.8M | $4.3M |
| Net margin | −4.7% | −4.1% | 3.2% | −2.3% | −6.1% | −3.9% | −3.4% | 2.2% | 1.0% | 8.5% | 10.9% | 11.2% |
| Diluted EPS | $-0.05 | $-0.04 | $0.03 | $-0.03 | $-0.07 | $-0.05 | $-0.04 | $0.03 | $0.01 | $0.11 | $0.13 | $0.14 |
| EBITDA | $7.3M | $6.6M | $9.4M | $8.3M | $8.5M | $10.0M | $8.4M | $10.5M | $7.9M | $10.5M | $9.8M | $12.4M |
| Operating cash flow | -$2.3M | -$3.2M | $5.3M | $10.0M | $2.2M | $2.4M | -$3.7M | $5.3M | $1.1M | $3.3M | $5.8M | $3.4M |
| Free cash flow | -$6.5M | -$10.8M | $1.3M | $6.4M | -$5.4M | -$2.6M | -$6.9M | $2.0M | -$9.0M | -$2.9M | -$1.1M | -$8.7M |
| Diluted shares | 35.3M | 35.1M | 35.6M | 35.4M | 35.6M | 35.6M | 35.0M | 33.5M | 30.9M | 29.8M | 30.1M | 30.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.5M | $2.8M | $3.6M | $4.4M | $1.1M | $2.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $54.2M | $51.8M | $45.8M | $51.3M | $56.9M | $54.9M |
| Total assets | $228.6M | $224.7M | $222.2M | $227.4M | $230.3M | $233.2M |
| Total liabilities | $108.9M | $104.3M | $99.3M | $106.3M | $107.8M | $110.5M |
| Shareholders' equity | $119.7M | $120.4M | $122.9M | $121.1M | $122.5M | $122.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology