Drilling Tools International (DTI) Income Statement

Drilling Tools International reported revenue of $159.63M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 3.4% from $154.45M a year earlier. Drilling Tools International posted a net loss of $3.76M, compared with net income of $3.01M a year earlier. Gross margin was 74.1% and operating margin 5.5%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $38.07M, down 3.4% from the same quarter a year earlier.

Drilling Tools International Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Drilling Tools International Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	159.63	154.45	152.03	129.56	77.38	67.62
Cost of Revenue	41.28	38.49	55.87	52.71	45.35	19.72
Gross Profit	118.35	115.96	96.16	76.84	32.03	47.91
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	-
Selling, General & Administrative	82.24	78.70	70.60	51.57	38.31	40.50
Operating Expenses	109.53	102.53	68.26	51.57	38.31	64.32
Operating Income	8.82	13.43	27.90	25.28	-6.28	-16.41
Other Income/Expense
Interest Income	0.40	0.20	0.05	0.05	0.00	-
Interest Expense	5.05	-3.37	1.10	0.48	1.23	-2.95
Other Income/Expense	-1.44	-4.56	-8.11	-0.50	9.40	-0.08
Income
Income Before Tax	-2.86	2.98	19.79	24.78	1.89	-23.56
Income Tax Expense	0.91	-0.03	5.05	3.70	-0.21	-5.03
Net Income	-3.76	3.01	14.75	21.08	2.10	-18.53
Net Income - Continuous Operations	-3.76	3.01	14.75	21.08	2.10	-
Net Income - Discontinued Operations	-	-	-	-	-	-
EBITDA	33.41	29.56	41.25	44.96	24.84	7.40
EBIT	6.12	5.73	25.56	25.25	3.12	-16.41
Depreciation & Amortization	27.29	23.83	20.35	19.71	21.72	23.81
Earnings Per Share
Basic EPS	-	-	1.00	1.00	-	-
Diluted EPS	-	-	1.00	1.00	-	-
Basic Shares Outstanding	35.53	31.94	25.13	19.68	11.95	52.36
Diluted Shares Outstanding	35.53	32.31	25.13	19.68	19.68	52.36

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Drilling Tools International Financial Statements

What was Drilling Tools International's revenue in fiscal 2025?

Drilling Tools International reported revenue of $159.63M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 3.4% from $154.45M a year earlier.

Is Drilling Tools International profitable?

No. Drilling Tools International reported a net loss of $3.76M in fiscal 2025. In fiscal 2024 it earned $3.01M.

What is Drilling Tools International's operating margin?

Drilling Tools International's operating income was $8.82M on revenue of $159.63M in fiscal 2025, an operating margin of 5.5%, compared with 8.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition