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Drilling Tools International (DTI)
NASDAQ:DTI
Earnings Data
Report Date
May 07, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.01Last Year’s EPS
0.02Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a generally positive operational and financial picture: record and durable free cash flow, strong adjusted EBITDA, meaningful debt reduction, successful acquisitions and integration progress, and sizable Eastern Hemisphere revenue growth (+78% YoY). However, material risks remain — a 7% decline in global rig count, Western Hemisphere softness, limited cash on hand ($3.6M), geopolitical uncertainty in the Middle East, and an unclear CapEx guidance line increase the uncertainty for near-term performance. On balance, management emphasized capital discipline, diversified geographic exposure, and the ability to harvest cash and deploy capital selectively, which suggests they are well positioned to navigate the current softness while capturing upside if activity rebounds.Company Guidance
Consolidated 2025 Revenue
Total consolidated revenue of $159.6M for 2025, comprised of $129.6M in rental revenue and $30.1M in product sales.
Strong Cash Generation and Free Cash Flow
Record adjusted free cash flow of $19.2M for 2025 (company stated it has grown each year since going public), and Q4 adjusted free cash flow of $6.1M.
Solid Profitability Metrics
2025 adjusted EBITDA of $39.3M and adjusted net income of $3.4M (adjusted diluted EPS $0.10). Q4 adjusted EBITDA was $10.1M with Q4 adjusted net income $1.5M (adjusted diluted EPS $0.04).
Debt Reduction and Leverage Improvement
Paid down approximately $11.0M of debt in 2025 (including $5.5M in Q4), bringing net debt to $42.2M and net leverage to 1.1x (down from 1.2x a year ago).
Geographic Expansion — Eastern Hemisphere Growth
Eastern Hemisphere revenue grew 78% year-over-year and contributed ~14% of total revenue, with traction for Drill-N-Ream and ClearPath Stabilizer technologies and expansion in Africa, Middle East, and APAC (Malaysia).
M&A Activity and Integration Progress
Completed fourth acquisition (including Titan Tools acquisition funded in 2025), and executing OneDTI synergy program and Compass platform integrations to streamline operations and accelerate future integration timelines.
Conservative Capital Allocation and Buybacks
Capital discipline emphasized: Q4 CapEx $4.0M with maintenance CapEx ~10% of Q4 revenue. Returned capital via share buybacks of ~$660k in 2025 (avg price $2.17/share).
2026 Guidance
Management expects 2026 revenue of $155M–$170M, adjusted EBITDA $35M–$45M, and adjusted free cash flow $17M–$22M; guidance constructed assuming activity relatively flat with slight H2 improvement (midpoint implies year-over-year growth).
Q4 Revenue and Mix
Q4 consolidated revenue of $38.5M (tool rental $30.4M; product sales $8.1M) with an improved margin in Q4 driven by favorable product mix (higher-margin lost-in-hole DVR sales) and cost reductions.
DTI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DTI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 05, 2026 | $3.31 | $3.61 | +9.06% |
Nov 06, 2025 | $2.02 | $2.02 | 0.00% |
Aug 13, 2025 | $1.92 | $2.10 | +9.38% |
May 13, 2025 | $2.75 | $2.50 | -9.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Drilling Tools International (DTI) report earnings?
Drilling Tools International (DTI) is schdueled to report earning on May 07, 2026, Before Open (Confirmed).
What is Drilling Tools International (DTI) earnings time?
Drilling Tools International (DTI) earnings time is at May 07, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DTI EPS forecast?
DTI EPS forecast for the fiscal quarter 2026 (Q1) is 0.01.