Drilling Tools International Corp. (DTI) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	153.4M	159.6M	154.4M	152.0M	129.6M
Cost of Revenue	49.1M	68.6M	62.3M	55.9M	52.7M
Gross Profit	104.3M	91.1M	92.1M	96.2M	76.8M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	79.7M	82.2M	78.7M	70.6M	51.6M
General & Admin Expense	59.8M	82.2M	78.7M	70.6M	51.6M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	17.8M	—	—	(2.3M)	—
Total Operating Expenses	97.6M	82.2M	78.7M	68.3M	51.6M
Cost and Expenses	146.6M	150.8M	141.0M	124.1M	104.3M
Operating Income (EBIT)	6.7M	8.8M	13.4M	27.9M	25.3M
Non-Operating
Interest Income	198.0K	—	197.0K	48.0K	52.0K
Interest Expense	4.5M	5.1M	3.4M	1.1M	477.0K
Net Interest Income	(4.3M)	(5.1M)	(3.2M)	(1.1M)	(425.0K)
Other Non-Op Income/Expense	(10.0M)	(11.7M)	(10.4M)	(8.1M)	(500.0K)
Non-Operating Income (excl Interest)	5.5M	6.6M	7.1M	7.0M	23.0K
EBT (Pre-Tax Income)	(3.3M)	(2.9M)	3.0M	19.8M	24.8M
Income Tax Expense	(315.0K)	905.0K	(30.0K)	5.0M	3.7M
Bottom Line
Net Income	(3.0M)	(3.8M)	3.0M	14.7M	21.1M
Earnings from Cont. Ops	(3.0M)	(3.8M)	3.0M	14.7M	21.1M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(3.0M)	(3.8M)	3.0M	14.7M	19.9M
Per Share
Basic EPS	($0.08)	($0.11)	$0.09	$0.59	$1.07
Diluted EPS	($0.08)	($0.11)	$0.09	$0.59	$1.07
Revenue Per Share	$4.35	$4.49	$4.84	$6.05	$6.58
Shares
Basic Shares Outstanding	35.3M	35.5M	31.9M	25.1M	19.7M
Diluted Shares Outstanding	35.3M	35.5M	32.3M	25.1M	19.7M
Profitability Metrics
EBITDA	35.7M	29.5M	30.2M	41.2M	45.0M
D&A	34.5M	27.3M	23.8M	20.4M	19.7M
EBIT	1.2M	2.2M	6.4M	20.9M	25.3M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026