Drilling Tools International Corp. (DTI) — Financial statements
Income statement, balance sheet, and cash flow for Drilling Tools International Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 160↑3.4% | 154↑1.6% | 152↑17.4% | 130↑67.4% | 77 | |
| Cost of Revenue | 69↑10.0% | 62↑11.5% | 56↑6.0% | 53↑123.1% | 24 | |
| Gross Profit | 91↓1.2% | 92↓4.2% | 96↑25.1% | 77↑43.0% | 54 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 79↑11.5% | 71↑36.9% | 52↑34.6% | 38 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 82↑4.5% | 79↑11.5% | 71↑36.9% | 52↑34.6% | 38 | |
| Other Expenses | 0.00 | 0.00↑100.0% | -2 | 0.00↓100.0% | 22 | |
| Operating Expenses | 82↑4.5% | 79↑15.3% | 68↑32.4% | 52↓14.1% | 60 | |
| Total Costs & Expenses | 151↑6.9% | 141↑13.6% | 124↑19.0% | 104↑24.7% | 84 | |
| Operating Results | ||||||
| Operating Income | 9↓34.3% | 13↓51.9% | 28↑10.4% | 25↑502.7% | -6 | |
| Depreciation & Amortization | 27↑14.5% | 24↑17.1% | 20↑3.3% | 20↓9.3% | 22 | |
| EBITDA | 36↑19.6% | 30↓26.8% | 41↓8.3% | 45↑81.0% | 25 | |
| EBIT | 9↑38.8% | 6↓69.6% | 21↓17.3% | 25↑709.2% | 3 | |
| Interest & Other Income | ||||||
| Net Interest Income | -5↓59.3% | -3↓200.7% | -1↓148.2% | -0.43↑65.4% | -1 | |
| Interest Income | 0.00↓100.0% | 0.20↑310.4% | 0.05↓7.7% | 0.05 | 0.00 | |
| Interest Expense | 5↑50.0% | 3↑205.4% | 1↑131.2% | 0.48↓61.2% | 1 | |
| Non-Operating Income | 0.00↓100.0% | 7↑1.0% | 7↑30343.5% | 0.02↑100.2% | -9 | |
| Other Income / Expenses | -12↓11.8% | -10↓28.9% | -8↓1521.0% | -0.50↓106.1% | 8 | |
| Income Before Tax | -3↓195.7% | 3↓84.9% | 20↓20.1% | 25↑1209.6% | 2 | |
| Income Tax Expense | 0.91↑3116.7% | -0.03↓100.6% | 5↑36.5% | 4↑1868.9% | -0.21 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -4↓224.8% | 3↓79.6% | 15↓30.0% | 21↑903.3% | 2 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -4↓224.8% | 3↓79.6% | 15↓30.0% | 21↑903.3% | 2 | |
| Bottom-Line Net Income | -4↓224.8% | 3↓79.6% | 15↓25.9% | 20↑846.7% | 2 | |
| EPS (Basic) | -0.11↓216.5% | 0.09↓81.1% | 0.50↓69.9% | 1.66↑18963.6% | -0.01 | |
| EPS (Diluted) | -0.11↓217.9% | 0.09↓84.2% | 0.59↓41.6% | 1.01↑11577.3% | -0.01 | |
| Weighted Average Shares | 36↑11.3% | 32↑7.3% | 30↑10.9% | 27↑0.0% | 27 | |
| Weighted Average Diluted Shares | 36↑10.0% | 32↑28.6% | 25↑27.7% | 20↓26.7% | 27 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.