DTI · Drilling Tools International Corp
Price & Indicators
Up next
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 7, 2026TL;DR. DTI reported Q2 revenue of $38.1 million and reaffirmed its full-year 2026 guidance, citing strengthening momentum in the Eastern Hemisphere, ClearPath stabilizer traction, and a building U.S. and Canadian rig count, while continuing to post a GAAP net loss and elevated CapEx that is expected to push free cash flow toward the lower end of its range.
- + Tool rental gross margin held above 70% despite pricing pressure, validating the quality of the rental business.
- + U.S. land rig count added more than 20 rigs in June and nearly 19 more in July, with BHA rig additions outpacing the broader market. new
- + HHEP distribution completed, leaving ~90% of shares in public float and meaningfully improving trade liquidity. new
- − Net debt rose to $51.7 million and increased modestly during the quarter due to Norway-related investment. new
- − Elevated ClearPath CapEx is expected to push full-year free cash flow toward the low end of the $17–$22 million range. new
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Eastern Hemisphere Drilling Rigs | 874 | Three months ended June 30, 2026 filing | — |
| Eastern Hemisphere Segment EBITDA non-GAAP | $780K | For The Three Months Ended June 30, 2026 filing | — |
| Segment EBITDA non-GAAP | $10.7M | For The Three Months Ended June 30, 2026 filing | — |
| Western Hemisphere Drilling Rigs | 834 | Three months ended June 30, 2026 filing | — |
| Western Hemisphere Segment EBITDA non-GAAP | $9.92M | For The Three Months Ended June 30, 2026 filing | — |
| Adjusted Basic earnings (loss) per share non-GAAP | -$0.05 | Six months ended June 30, 2026 | — |
| Adjusted Diluted earnings (loss) per share non-GAAP | -$0.05 | Six months ended June 30, 2026 | — |
| Adjusted EBITDA non-GAAP | $8.4M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income (loss) -$1.79M
-$76K Income tax expense (benefit)
+$6.92M Depreciation and amortization
+$1.11M Interest expense, net
+$908K Stock option expense
+$188K Management fees
-$1K Loss (gain) on sale of property
+$0K Goodwill impairment
+$832K Transaction expense
+$272K Other operating and non-operating expense, net
= Adjusted EBITDA $8.36M
|
|||
| Adjusted Free Cash Flow non-GAAP | $3.97M | Six months ended June 30, 2026 | — |
| Adjusted Net Income (loss) non-GAAP | -$1.59M | Six months ended June 30, 2026 | — |
| Adjusted Net Loss non-GAAP | $575,000 | Q2 2026 | — |
| Net Debt non-GAAP | $51.7M | As of June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Equipment & Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
DTI
this stock
Drilling Tools International Corp
|
$65.62M | -24.1% | +1.6% | — | 0.7% |
|
SLB
Slb Limited/Nv
|
$72.86B | +27.9% | +9.5% | 24.0 | 4.1% |
|
BKR
Baker Hughes Co
|
$55.26B | +22.6% | -0.3% | — | 2.4% |
|
TS
Tenaris SA
|
$29.27B | +51.9% | — | — | 0.7% |
|
HAL
Halliburton Co
|
$27.48B | +16.7% | +22.5% | — | 4.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| DTI | -5.6% | -24.4% | -41.9% | -19.7% | -24.1% |
| SPY | -1.5% | -0.9% | +7.7% | +0.5% | +12.4% |
| vs SPY | -4.1% | -23.5% | -49.6% | -20.2% | -36.5% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.