Drilling Tools International Corp
For the period ended Dec 31, 2025. Filed Mar 6, 2026.
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FY2025 · Filed Mar 6, 2026
DTI$1.48-6.3%Stored close · as of Nov 10, 2026
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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
| Year Ended December 31, | ||
|---|---|---|
| (In thousands, except share and per share data) | 2025 | 2024 |
| Revenue, net: | ||
| Tool rental | $129,562 | $117,926 |
| Product sale | 30,064 | 36,520 |
| Total revenue, net | 159,626 | 154,446 |
| Costs and other deductions: | ||
| Cost of tool rental revenue, exclusive of depreciation and amortization | 28,911 | 24,110 |
| Cost of product sale revenue, exclusive of depreciation and amortization | 12,369 | 14,381 |
| Selling, general, and administrative expense | 82,239 | 78,695 |
| Depreciation and amortization expense | 27,290 | 23,832 |
| Interest expense, net | 5,053 | 3,369 |
| Loss (gain) on asset disposal | 65 | (60) |
| Loss (gain) on remeasurement of previously held equity interest | — | (368) |
| Goodwill impairment | 1,901 | — |
| Other operating and non-operating expense, net | 4,654 | 7,503 |
| Total costs and other deductions | 162,482 | 151,462 |
| Income (loss) before income tax expense | (2,856) | 2,984 |
| Income tax benefit (expense) | (905) | 30 |
| Net income (loss) | $(3,761) | $3,014 |
| Less: Net income (loss) attributable to non-controlling interest | — | — |
| Net income (loss) attributable to Drilling Tools International stockholders | $(3,761) | $3,014 |
| Basic earnings (loss) per share | $(0.11) | $0.09 |
| Diluted earnings (loss) per share | $(0.11) | $0.09 |
| Basic weighted-average common shares outstanding | 35,533,268 | 31,938,847 |
| Diluted weighted-average common shares outstanding | 35,533,268 | 32,308,179 |
| Comprehensive income (loss): | ||
| Net income (loss) | $(3,761) | $3,014 |
| Foreign currency translation adjustment, net of tax | $2,541 | (1,652) |
| Net income (loss) attributable to non-controlling interest | — | — |
| Net comprehensive income (loss) | $(1,220) | $1,362 |
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