1.Sales and profit
See section β- Drilling Tools International Corp had $160M of revenue in fiscal 2025, up 3.4% on the year before.
- Drilling Tools International Corp lost $3.8M in fiscal 2025.
Drilling Tools International Corp
DTI Nasdaq Oil & Gas Field Machinery & Equipment Financials FY2022βFY2025
Drilling Tools International Corp had $160M of revenue in fiscal 2025, up 3.4% on the year before.
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3-page PDF: the company, its results and charts with peers.
Last close Β· Oct 23, 2026
$1.73
1.5%KIRAβs summary AI analyst
Hi! I read Drilling Tools International Corpβs latest annual report (fiscal 2025). Here is what stands out:
1 strength 2 to watch
2.Cash and shareholders
See section β- Free cash flow was β$0.2M in fiscal 2025, β0.1% of revenue.
- Drilling Tools International Corp returned $1.3M to shareholders in fiscal 2025. The diluted share count rose 10.0%.
- No open-market insider trades in the last 12 months.
3.Financial health
See section β- Drilling Tools International Corp owes $42.2M more than it holds in cash.
- Drilling Tools International Corp passes 4 of 8 financial health tests (Piotroski F-score).
Drilling Tools International Corp in 30 seconds
Good So-so Weak
So-so
Are sales growing?
+3.4%
Only a little. Sales grew 3.4% last year.
Weak
Does it make a profit?
β2.4%
No. It lost money last year.
Weak
Does profit turn into cash?
β0.1%
No. It spent more cash than it brought in.
So-so
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
For information
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Key numbers, fiscal 2025
Market cap
Last close times the latest diluted share count, so it is approximate.
$60.9M
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
β
On β$0.08 EPS (TTM)
Charts by
Sales and profit
Is it selling more, and how much does it keep?
Results dates
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Drilling Tools International Corp did it, and the next one. Share prices often move a lot on those days.
Next results
November 5, 2026
Thursday Β· in 10 days
- Time
- Time not announced
- Covers
- Period ended Sep 30, 2026
- Expected EPS
- $0.03
- Source
- Earnings calendar
| Date | Results for | Time | Source |
|---|---|---|---|
| Aug 6, 2026 | Q2 '26 | After the market closes | 8-K β |
| May 7, 2026 | Q1 '26 | After the market closes | 8-K β |
| Mar 5, 2026 | Q4 '25 | After the market closes | 8-K β |
| Nov 6, 2025 | Q3 '25 | After the market closes | 8-K β |
| Aug 13, 2025 | Q2 '25 | After the market closes | 8-K β |
| May 13, 2025 | Q1 '25 | After the market closes | 8-K β |
| Mar 13, 2025 | Q4 '24 | After the market closes | 8-K β |
| Nov 13, 2024 | Q3 '24 | After the market closes | 8-K β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
Revenue and margins
KIRA Β· Drilling Tools International Corp had $160M of revenue in fiscal 2025, up 3.4% on the year before.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
FY22
Revenue $130M
FY23
Revenue $152M
FY24
Revenue $154M
FY25
Revenue $160M
Revenue
Q3 '23
Revenue $38.1M
Q4 '23
Revenue $35.2M
Q1 '24
Revenue $37.0M
Q2 '24
Revenue $37.5M
Q3 '24
Revenue $40.1M
Q4 '24
Revenue $39.8M
Q1 '25
Revenue $42.9M
Q2 '25
Revenue $39.4M
Q3 '25
Revenue $38.8M
Q4 '25
Revenue $38.5M
Q1 '26
Revenue $38.0M
Q2 '26
Revenue $38.1M
Margins, % of revenue
FY22
Gross β
Operating 19.5%
Net 16.3%
FCF β8.3%
FY23
Gross 76.6%
Operating 18.4%
Net 9.7%
FCF β13.4%
FY24
Gross 75.1%
Operating 8.7%
Net 2.0%
FCF β10.9%
FY25
Gross β
Operating β
Net β2.4%
FCF β0.1%
Gross
Operating
Net
FCF
Margins, % of revenue
Q3 '23
Gross β
Operating 18.7%
Net 11.2%
FCF β22.9%
Q4 '23
Gross β
Operating 12.9%
Net 10.9%
FCF β3.2%
Q1 '24
Gross β
Operating 13.9%
Net 8.5%
FCF β7.9%
Q2 '24
Gross β
Operating 6.0%
Net 1.0%
FCF β24.0%
Q3 '24
Gross β
Operating 10.6%
Net 2.2%
FCF 4.9%
Q4 '24
Gross β
Operating 4.5%
Net β3.4%
FCF β17.3%
Q1 '25
Gross β
Operating 7.7%
Net β3.9%
FCF β6.1%
Q2 '25
Gross β
Operating β
Net β6.1%
FCF β13.6%
Q3 '25
Gross β
Operating β
Net β2.3%
FCF 16.5%
Q4 '25
Gross β
Operating β
Net 3.2%
FCF 3.4%
Q1 '26
Gross β
Operating β
Net β4.1%
FCF β28.6%
Q2 '26
Gross β
Operating β
Net β4.7%
FCF β17.2%
Gross
Operating
Net
FCF
Net income and earnings per share
KIRA Β· Drilling Tools International Corp lost $3.8M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
FY22
Net income $21.1M
FY23
Net income $14.7M
FY24
Net income $3.0M
FY25
Net income β$3.8M
Net income
Q3 '23
Net income $4.3M
Q4 '23
Net income $3.8M
Q1 '24
Net income $3.1M
Q2 '24
Net income $0.4M
Q3 '24
Net income $0.9M
Q4 '24
Net income β$1.3M
Q1 '25
Net income β$1.7M
Q2 '25
Net income β$2.4M
Q3 '25
Net income β$0.9M
Q4 '25
Net income $1.2M
Q1 '26
Net income β$1.5M
Q2 '26
Net income β$1.8M
Diluted EPS
FY22
Diluted EPS $1.07
FY23
Diluted EPS $0.59
FY24
Diluted EPS $0.09
FY25
Diluted EPS β$0.11
Diluted EPS
Q3 '23
Diluted EPS $0.14
Q4 '23
Diluted EPS $0.11
Q1 '24
Diluted EPS $0.11
Q2 '24
Diluted EPS $0.01
Q3 '24
Diluted EPS $0.03
Q4 '24
Diluted EPS β$0.06
Q1 '25
Diluted EPS β$0.05
Q2 '25
Diluted EPS β$0.07
Q3 '25
Diluted EPS β$0.03
Q4 '25
Diluted EPS $0.04
Q1 '26
Diluted EPS β$0.04
Q2 '26
Diluted EPS β$0.05
Cash and shareholders
How much cash comes in, and where does it go?
Cash flow
KIRA Β· Free cash flow was β$0.2M in fiscal 2025, β0.1% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
FY22
Free cash flow β$10.7M
FY23
Free cash flow β$20.4M
FY24
Free cash flow β$16.8M
FY25
Free cash flow β$0.2M
Free cash flow
Q3 '23
Free cash flow β$8.7M
Q4 '23
Free cash flow β$1.1M
Q1 '24
Free cash flow β$2.9M
Q2 '24
Free cash flow β$9.0M
Q3 '24
Free cash flow $2.0M
Q4 '24
Free cash flow β$6.9M
Q1 '25
Free cash flow β$2.6M
Q2 '25
Free cash flow β$5.4M
Q3 '25
Free cash flow $6.4M
Q4 '25
Free cash flow $1.3M
Q1 '26
Free cash flow β$10.9M
Q2 '26
Free cash flow β$6.5M
Cash from operations vs capital spending
FY22
Cash from operations $14.0M
Capital spending $24.7M
FY23
Cash from operations $23.3M
Capital spending $43.8M
FY24
Cash from operations $6.1M
Capital spending $22.9M
FY25
Cash from operations $19.9M
Capital spending $20.1M
Cash from operations
Capital spending
Cash from operations vs capital spending
Q3 '23
Cash from operations $3.4M
Capital spending $12.2M
Q4 '23
Cash from operations $5.9M
Capital spending $7.0M
Q1 '24
Cash from operations $3.3M
Capital spending $6.2M
Q2 '24
Cash from operations $1.1M
Capital spending $10.1M
Q3 '24
Cash from operations $5.3M
Capital spending $3.4M
Q4 '24
Cash from operations β$3.7M
Capital spending $3.2M
Q1 '25
Cash from operations $2.4M
Capital spending $5.0M
Q2 '25
Cash from operations $2.2M
Capital spending $7.6M
Q3 '25
Cash from operations $10.0M
Capital spending $3.5M
Q4 '25
Cash from operations $5.3M
Capital spending $4.0M
Q1 '26
Cash from operations β$3.2M
Capital spending $7.7M
Q2 '26
Cash from operations β$2.3M
Capital spending $4.2M
Cash from operations
Capital spending
Dividends, buybacks and share count
KIRA Β· Drilling Tools International Corp returned $1.3M to shareholders in fiscal 2025. The diluted share count rose 10.0%.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
FY22
Dividends β
Buybacks β
FY23
Dividends β
Buybacks β
FY24
Dividends β
Buybacks $0.0M
FY25
Dividends β
Buybacks $1.3M
Dividends
Buybacks
Dividends and buybacks
Q3 '23
Dividends β
Buybacks β
Q4 '23
Dividends β
Buybacks β
Q1 '24
Dividends β
Buybacks β
Q2 '24
Dividends β
Buybacks β
Q3 '24
Dividends β
Buybacks $0.0M
Q4 '24
Dividends β
Buybacks $0.0M
Q1 '25
Dividends β
Buybacks $0.0M
Q2 '25
Dividends β
Buybacks $0.6M
Q3 '25
Dividends β
Buybacks $0.5M
Q4 '25
Dividends β
Buybacks $0.1M
Q1 '26
Dividends β
Buybacks $0.7M
Q2 '26
Dividends β
Buybacks $0.0M
Dividends
Buybacks
Diluted shares outstanding (annual)
FY22
Diluted shares 0.02B
FY23
Diluted shares 0.03B
FY24
Diluted shares 0.03B
FY25
Diluted shares 0.04B
Insider trades
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Financial health
Can it carry its debts, and how well does it use its money?
Balance sheet
KIRA Β· Drilling Tools International Corp owes $42.2M more than it holds in cash.
Cash, debt and the ratios that show how comfortably Drilling Tools International Corp can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
FY22
Cash $3.5M
Debt β
FY23
Cash $6.9M
Debt $0.0M
FY24
Cash $6.2M
Debt $53.8M
FY25
Cash $3.6M
Debt $45.8M
Cash
Debt
| Fiscal year end | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash and short-term investments | $3.5M | $6.9M | $6.2M | $3.6M |
| Debt incl. finance leases | β | $0.0M | $53.8M | $45.8M |
| Net debt / EBITDA | β | β0.1x | 1.3x | β |
| Debt / equity | β | 0.0x | 0.4x | 0.4x |
| Current ratio | 1.1x | 2.1x | 2.2x | 2.1x |
| Quick ratio | 1.0x | 1.9x | 1.6x | 1.5x |
| Total assets | $105M | $132M | $222M | $222M |
| Total liabilities | $56.1M | $43.8M | $102M | $99.3M |
| Shareholders' equity | $31.2M | $88.7M | $120M | $123M |
| Net debt (β = net cash) | β | β$6.9M | $47.6M | $42.2M |
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
FY22
Return on capital β
Return on equity 67.5%
Return on assets 20.0%
FY23
Return on capital 25.4%
Return on equity 24.6%
Return on assets 12.4%
FY24
Return on capital 8.0%
Return on equity 2.9%
Return on assets 1.7%
FY25
Return on capital β
Return on equity β3.1%
Return on assets β1.7%
Return on capital
Return on equity
Return on assets
Piotroski F-score
KIRA Β· Drilling Tools International Corp passes 4 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income is positive | β | β | β | β |
| Cash from operations is positive | β | β | β | β |
| Return on assets rose | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β |
| Debt fell relative to assets | β | β | β | β |
| Current ratio rose | β | β | β | β |
| Share count didn't rise | β | β | β | β |
| Gross margin rose | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β |
| F-score | β / 3 | 4 / 7 | 4 / 9 | 4 / 8 |
| Accruals ratio | 6.7% | β7.2% | β1.7% | β10.7% |
| Altman Z'' | 1.79 | 4.58 | 2.68 | β |
All figures
Every number, year by year.
4 years of figures
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $130M | $152M | $154M | $160M |
| Net interest income | β$0.4M | β$6.4M | β$7.5M | β |
| Provision for credit losses | β | β | β$0.4M | β$0.6M |
| Gross profit | β | $117M | $116M | β |
| Operating income | $25.3M | $27.9M | $13.4M | β |
| Pretax income | $24.8M | $19.8M | $3.0M | β$2.9M |
| Income tax | $3.7M | $5.0M | β$0.0M | $0.9M |
| Net income | $21.1M | $14.7M | $3.0M | β$3.8M |
| Net income to common | $19.9M | $14.4M | $3.0M | β |
| Diluted EPS | $1.07 | $0.59 | $0.09 | β$0.11 |
| Diluted shares | 0.02B | 0.03B | 0.03B | 0.04B |
| Cash flow | ||||
| Cash from operations | $14.0M | $23.3M | $6.1M | $19.9M |
| Capital expenditure | $24.7M | $43.8M | $22.9M | $20.1M |
| Free cash flow | β$10.7M | β$20.4M | β$16.8M | β$0.2M |
| Depreciation and amortization | $19.7M | $20.4M | $23.8M | $27.3M |
| Stock-based compensation | $0.0M | $4.0M | $2.1M | $2.5M |
| Acquisitions | β | $0.0M | $47.3M | $5.6M |
| Share buybacks | β | β | $0.0M | $1.3M |
| Dividends and buybacks | β | β | $0.0M | $1.3M |
| Balance sheet | ||||
| Cash and short-term investments | $3.5M | $6.9M | $6.2M | $3.6M |
| Total debt | β | $0.0M | $53.8M | $45.8M |
| Current assets | $40.2M | $46.4M | $68.1M | $64.9M |
| Current liabilities | $36.2M | $22.3M | $31.0M | $30.8M |
| Inventory | $3.3M | $5.0M | $17.5M | $18.1M |
| Property and equipment, net | $44.2M | $65.8M | $75.6M | $72.6M |
| Goodwill | β | $0.0M | $12.1M | $14.6M |
| Intangible assets | $0.3M | $0.2M | $37.2M | $39.7M |
| Total assets | $105M | $132M | $222M | $222M |
| Total liabilities | $56.1M | $43.8M | $102M | $99.3M |
| Shareholders' equity | $31.2M | $88.7M | $120M | $123M |
| Margins | ||||
| Gross margin | β | 76.6% | 75.1% | β |
| Operating margin | 19.5% | 18.4% | 8.7% | β |
| EBITDA margin | 34.7% | 31.7% | 24.1% | β |
| Net margin | 16.3% | 9.7% | 2.0% | β2.4% |
| FCF margin | β8.3% | β13.4% | β10.9% | β0.1% |
| Net interest share of revenue | β0.3% | β4.2% | β4.9% | β |
| Returns | ||||
| Return on capital | β | 25.4% | 8.0% | β |
| Return on capital employed | 36.6% | 25.3% | 7.0% | β |
| Return on equity | 67.5% | 24.6% | 2.9% | β3.1% |
| Return on assets | 20.0% | 12.4% | 1.7% | β1.7% |
| Return on tangible equity | 64.2% | 16.3% | 4.3% | β5.5% |
| Growth | ||||
| Revenue growth | β | 17.4% | 1.6% | 3.4% |
| Net income growth | β | β30.0% | β79.6% | β224.8% |
| EPS growth | β | β44.9% | β84.7% | β222.2% |
| Share count change | β | 27.7% | 28.6% | 10.0% |
| Financial health | ||||
| Net debt / EBITDA | β | β0.1x | 1.3x | β |
| Debt / equity | β | 0.0x | 0.4x | 0.4x |
| Current ratio | 1.1x | 2.1x | 2.2x | 2.1x |
| Quick ratio | 1.0x | 1.9x | 1.6x | 1.5x |
| Capital allocation | ||||
| Capex / revenue | 19.1% | 28.8% | 14.8% | 12.6% |
| Stock comp / revenue | 0.0% | 2.6% | 1.4% | 1.5% |
| Quality scores | ||||
| Piotroski F-score | β | 4.0 | 4.0 | 4.0 |
| Altman Z'' | 1.8 | 4.6 | 2.7 | β |
| Accruals ratio | 6.7% | β7.2% | β1.7% | β10.7% |
Source: SEC EDGAR XBRL filings (CIK 0001884516). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.