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Drilling Tools International (DTI)

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Earnings summaries and quarterly performance for Drilling Tools International.

Recent press releases and 8-K filings for DTI.

Drilling Tools International Reports Q3 2025 Results and Reaffirms Full-Year Guidance
DTI
Earnings
Guidance Update
Share Buyback
  • Drilling Tools International reported $38.8 million in total consolidated revenue for Q3 2025, with a net loss attributable to common stockholders of $903,000 (or $0.03 per share) and adjusted net income of $751,000 (or adjusted diluted EPS of $0.02 per share). Adjusted EBITDA for the quarter was $9.1 million, and adjusted free cash flow was $5.6 million.
  • The company demonstrated strong financial discipline in Q3 2025 by paying down $5.6 million in debt, increasing its cash position by $3.2 million, and buying back $550,000 of common shares at an average of $2.09 per share. As of September 30, 2025, DTI had $4.4 million in cash and cash equivalents and $46.9 million in net debt.
  • Eastern Hemisphere operations were a key growth driver, with revenue increasing 41% year-over-year and contributing approximately 15% of total revenue in Q3 2025, driven by increased utilization of the DNR tool fleet. The company is also progressing with its OneDTI synergy program and integrating acquired business units.
  • DTI revised its anticipated cost cuts for 2025 from $6 million to $4 million due to increased customer activity. The full-year 2025 guidance is maintained, with expected revenue between $145 million-$165 million, adjusted EBITDA between $32 million-$42 million, and adjusted free cash flow between $14 million-$19 million.
Nov 7, 2025, 3:00 PM
DTI Reports Q3 2025 Results and Updates 2025 Outlook
DTI
Earnings
Guidance Update
M&A
  • DTI reported Q3 2025 revenue of $38.8 million and Adjusted Free Cash Flow of $5.6 million.
  • The company provided FY 2025 guidance, projecting revenue between $145.0 million and $165.0 million, Adjusted EBITDA between $32.0 million and $42.0 million, and Adjusted Free Cash Flow between $14.0 million and $19.0 million.
  • DTI completed four acquisitions in nine months, achieving $4.5 million in synergies from Superior Drilling Products by August 2025.
  • The company repurchased over $1.1 million of common stock during Q2 and Q3 2025 as part of its $10 million share repurchase program.
  • DTI is expanding its global footprint, with the Eastern Hemisphere's revenue contribution expected to double in FY 2025 to approximately 15% of total revenue.
Nov 7, 2025, 3:00 PM
Drilling Tools International Corp Announces Q3 2025 Financials and Strategic Updates
DTI
Earnings
Guidance Update
M&A
  • Drilling Tools International Corp reported $38.8 Million in Q3 2025 revenue and $5.6 Million in Q3 2025 Adjusted Free Cash Flow.
  • The company provided FY 2025 guidance, projecting revenue between $145.0 Million and $165.0 Million and Adjusted Free Cash Flow between $14.0 Million and $19.0 Million.
  • DTI has completed four acquisitions since June 2023 and achieved 100% of the $4.5 million in previously announced SDPI synergies by August 2025.
  • The company authorized a $10 million share repurchase program, repurchasing over $1.1 million of common stock during Q2 and Q3 of 2025.
  • DTI's Q3 2025 revenue mix included 15% from the Eastern Hemisphere, with expectations to double this contribution in FY 2025.
Nov 7, 2025, 12:00 PM
Drilling Tools International Corp. Reports Q3 2025 Results and Maintains Full Year Outlook
DTI
Earnings
Guidance Update
Share Buyback
  • Drilling Tools International Corp. (DTI) reported total consolidated revenue of $38.8 million for Q3 2025, with a net loss of $0.03 per diluted share and Adjusted Diluted EPS of $0.02 per share.
  • For Q3 2025, DTI achieved Adjusted EBITDA of $9.1 million and Adjusted Free Cash Flow of $5.6 million.
  • As of September 30, 2025, the company had $4.4 million in cash and cash equivalents and Net Debt of $46.9 million, having reduced debt by $5.6 million and executed $550,000 in common share buybacks during the quarter.
  • DTI is maintaining its full year 2025 outlook, projecting revenue between $145 million and $165 million and Adjusted EBITDA between $32 million and $42 million.
Nov 6, 2025, 9:34 PM
Drilling Tools International Reports Q3 2025 Results
DTI
Earnings
Guidance Update
Share Buyback
  • Drilling Tools International Corp. reported total consolidated revenue of $38.8 million for the third quarter of 2025, with a Net Loss attributable to common stockholders of $0.03 per share and an Adjusted Diluted EPS of $0.02 per share.
  • For Q3 2025, the company generated $9.1 million in Adjusted EBITDA and $5.6 million in Adjusted Free Cash Flow.
  • As of September 30, 2025, DTI had $4.4 million of cash and cash equivalents and Net Debt of $46.9 million.
  • The company maintained its full year 2025 outlook, expecting revenue between $145 million and $165 million, Adjusted EBITDA between $32 million and $42 million, and Adjusted Free Cash Flow between $14 million and $19 million.
  • During the quarter, DTI paid down $5.6 million in debt, increased its cash position by $3.2 million, and bought back an additional $550,000 of common shares.
Nov 6, 2025, 9:15 PM