Drilling Tools International Corp. (DTI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 37.96M | 38.51M | 38.82M | 39.42M | 42.88M | 39.85M | 40.09M | 37.53M | 36.97M | 35.19M | 38.14M | 37.91M | 40.8M | 36.66M | 36.55M | 30.37M | 25.98M | 23.91M |
| Revenue Growth % | -11.48% | -3.36% | -3.18% | 5.03% | 15.97% | 13.23% | 5.13% | -0.99% | -9.38% | -4.01% | 4.35% | 24.81% | 57.06% | 53.34% | - | - | - | - |
| Cost of Goods Sold | 11.11M | 16.93M | 10.11M | 16.73M | 7.69M | 6.55M | 15.99M | 15.68M | 13.9M | 13.4M | 14.45M | 13.57M | 14.46M | 13.57M | 13.78M | 12.83M | 7.47M | 7.42M |
| COGS % of Revenue | 29.27% | 43.96% | 26.05% | 42.43% | 17.93% | 16.44% | 39.87% | 41.77% | 37.6% | 38.07% | 37.9% | 35.79% | 35.43% | 37.01% | 37.7% | 42.23% | 28.74% | 31.05% |
| Gross Profit | 26.85M | 21.58M | 28.7M | 22.7M | 35.19M | 33.29M | 24.11M | 21.85M | 23.07M | 21.79M | 23.68M | 24.34M | 26.34M | 23.09M | 22.77M | 17.55M | 18.51M | 16.48M |
| Gross Margin % | 70.73% | 56.04% | 73.95% | 57.57% | 82.07% | 83.56% | 60.13% | 58.23% | 62.4% | 61.93% | 62.1% | 64.21% | 64.57% | 62.99% | 62.3% | 57.77% | 71.26% | 68.95% |
| Gross Profit Growth % | -23.71% | -35.19% | 19.07% | 3.85% | 52.53% | 52.77% | 1.78% | -10.22% | -12.42% | -5.63% | 4.02% | 38.73% | 42.32% | 40.09% | - | - | - | - |
| Operating Expenses | 28.94M | 19.19M | 20.41M | 21.02M | 31.89M | 31.48M | 19.86M | 19.62M | 17.94M | 17.27M | 16.55M | 17.72M | 18.42M | 15.14M | 14.69M | 13.8M | 17.31M | 16.18M |
| OpEx % of Revenue | 76.25% | 49.84% | 52.59% | 53.33% | 74.37% | 79.01% | 49.52% | 52.27% | 48.53% | 49.06% | 43.4% | 46.74% | 45.16% | 41.3% | 40.2% | 45.43% | 66.64% | 67.67% |
| Selling, General & Admin | 20.23M | 19.19M | 20.41M | 21.02M | 21.61M | 21.28M | 19.86M | 19.62M | 17.94M | 17.27M | 16.55M | 20.06M | 18.42M | 15.14M | 14.69M | 13.8M | 12.23M | 10.79M |
| SG&A % of Revenue | 53.28% | 49.84% | 52.59% | 53.33% | 50.39% | 53.41% | 49.52% | 52.27% | 48.53% | 49.06% | 43.4% | 52.91% | 45.16% | 41.3% | 40.2% | 45.43% | 47.1% | 45.12% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 1000K | 1000K |
| Operating Income | -2.1M | 2.38M | 8.29M | 1.67M | 3.3M | 1.81M | 4.25M | 2.23M | 5.13M | 4.53M | 7.13M | 6.62M | 7.92M | 7.95M | 8.08M | 3.75M | 1.2M | 307K |
| Operating Margin % | -5.52% | 6.19% | 21.36% | 4.24% | 7.7% | 4.55% | 10.6% | 5.95% | 13.87% | 12.87% | 18.7% | 17.47% | 19.41% | 21.69% | 22.1% | 12.34% | 4.62% | 1.28% |
| Operating Income Growth % | -163.43% | 31.62% | 95.01% | -25.19% | -35.61% | -59.98% | -40.4% | -66.26% | -35.24% | -43.04% | -11.7% | 76.73% | 560.08% | 2489.58% | - | - | - | - |
| EBITDA | 4.83M | 9.29M | 15.12M | 8.5M | 10.03M | 8.41M | 10.44M | 7.92M | 10.49M | 9.85M | 12.44M | 11.34M | 12.94M | 12.88M | 12.9M | 11.03M | 6.28M | 5.7M |
| EBITDA Margin % | 12.73% | 24.12% | 38.96% | 21.57% | 23.38% | 21.11% | 26.03% | 21.09% | 28.38% | 27.98% | 32.61% | 29.92% | 31.71% | 35.13% | 35.29% | 36.31% | 24.16% | 23.83% |
| EBITDA Growth % | -51.8% | 10.43% | 44.92% | 7.4% | -4.48% | -14.56% | -16.08% | -30.2% | -18.87% | -23.55% | -3.58% | 2.83% | 106.12% | 126.07% | - | - | - | - |
| D&A (Non-Cash Add-back) | 6.93M | 6.9M | 6.83M | 6.83M | 6.72M | 6.6M | 6.18M | 5.68M | 5.37M | 5.32M | 5.3M | 4.72M | 5.01M | 4.93M | 4.82M | 7.28M | 5.08M | 5.39M |
| EBIT | -2.1M | 2.38M | 871K | -325K | -519K | -451K | 1.47M | 1.09M | 4.25M | 3.78M | 6.46M | 2.66M | 8M | 8.1M | 7.67M | 7.94M | 1.2M | 307K |
| Net Interest Income | -1.01M | -977K | -1.23M | -1.23M | -1.21M | -1.21M | -1M | -787K | -171K | -108K | -73K | -348K | -573K | -436K | -45K | -213K | 0 | 0 |
| Interest Income | 0 | 95K | 103K | 103K | 98K | 126K | 36K | 24K | 11K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.01M | 1.07M | 1.34M | 1.34M | 1.31M | 1.34M | 1.04M | 811K | 182K | 108K | 73K | 348K | 573K | 436K | 45K | 213K | 0 | 0 |
| Other Income/Expense | 0 | -1.29M | -8.76M | -3.33M | -5.13M | -3.6M | -3.82M | -1.95M | -1.07M | -860K | -743K | -4.31M | -497K | -282K | -455K | 3.98M | 562K | 1.59M |
| Pretax Income | -2.1M | 1.1M | -465K | -1.66M | -1.83M | -1.79M | 428K | 283K | 4.06M | 3.67M | 6.39M | 2.31M | 7.42M | 7.67M | 7.62M | 7.72M | 1.76M | 1.9M |
| Pretax Margin % | -5.52% | 2.85% | -1.2% | -4.21% | -4.26% | -4.49% | 1.07% | 0.75% | 10.99% | 10.42% | 16.75% | 6.1% | 18.2% | 20.92% | 20.86% | 25.43% | 6.78% | 7.95% |
| Income Tax | -557K | -119K | 437K | 746K | -159K | -445K | -439K | -82K | 937K | -155K | 2.1M | 1.38M | 1.72M | 851K | 626K | 1.79M | 429K | 372K |
| Effective Tax Rate % | 26.59% | -10.84% | -93.98% | -44.91% | 8.7% | 24.86% | -102.57% | -28.98% | 23.06% | -4.23% | 32.9% | 59.49% | 23.21% | 11.1% | 8.21% | 23.18% | 24.35% | 19.57% |
| Net Income | -1.54M | 1.22M | -903K | -2.41M | -1.67M | -1.34M | 867K | 365K | 3.13M | 3.82M | 4.29M | 937K | 5.7M | 6.82M | 7M | 5.93M | 1.33M | 1.53M |
| Net Margin % | -4.06% | 3.16% | -2.33% | -6.11% | -3.89% | -3.38% | 2.16% | 0.97% | 8.45% | 10.86% | 11.24% | 2.47% | 13.97% | 18.6% | 19.14% | 19.54% | 5.13% | 6.4% |
| Net Income Growth % | 7.73% | 190.48% | -204.15% | -759.45% | -153.39% | -135.18% | -79.78% | -61.05% | -45.17% | -43.92% | -38.72% | -84.21% | 327.68% | 345.85% | - | - | - | - |
| Net Income (Continuing) | -1.54M | 1.22M | -902K | -2.41M | -1.67M | -1.34M | 867K | 365K | 3.13M | 3.82M | 4.29M | 937K | 5.7M | 6.82M | 7M | 5.93M | 1.33M | 1.53M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 14K | 12K | 11K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.04 | 0.03 | -0.03 | -0.07 | -0.05 | -0.04 | 0.03 | 0.01 | 0.11 | 0.13 | 0.14 | 0.05 | -0.01 | 0.04 | 0.34 | 0.30 | -0.01 | -0.01 |
| EPS Growth % | 14.71% | 188.92% | -192.39% | -673.73% | -142.64% | -129.85% | -80.29% | -73.89% | - | 243.01% | -58.82% | -84.93% | - | - | - | - | - | - |
| EPS (Basic) | -0.04 | 0.03 | -0.03 | -0.07 | -0.05 | -0.04 | 0.03 | 0.01 | 0.11 | 0.13 | 0.14 | 0.03 | -0.01 | 0.04 | 0.34 | 0.30 | -0.01 | -0.01 |
| Diluted Shares Outstanding | 35.12M | 35.26M | 35.39M | 35.57M | 35.59M | 34.7M | 31.4M | 30.87M | 29.77M | 29.77M | 30.04M | 20.75M | 26.85M | 26.85M | 19.68M | 19.68M | 26.85M | 26.85M |
| Basic Shares Outstanding | 35.12M | 35.2M | 35.39M | 35.57M | 35.59M | 34.7M | 30.89M | 29.82M | 29.77M | 29.77M | 29.77M | 28.31M | 26.85M | 26.85M | 19.68M | 19.68M | 26.85M | 26.85M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |