Drilling Tools International Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $159.6M | $154.4M | $152.0M | $129.6M | — |
| Cost of revenue | — | $38.5M | $35.5M | — | — |
| Selling, general & administrative | $82.2M | $78.7M | $68.3M | $51.6M | — |
| Operating income | — | $13.4M | $27.9M | $25.3M | — |
| Pretax income | -$2.9M | $3.0M | $19.8M | $24.8M | — |
| Income tax expense | $905,000 | -$30,000 | $5.0M | $3.7M | — |
| Net income | -$3.8M | $3.0M | $14.7M | $21.1M | — |
| Balance Sheet | |||||
| Cash and equivalents | $3.6M | $6.2M | $6.0M | $2.4M | $1.4M |
| Current assets | $64.9M | $68.1M | $46.4M | $40.2M | $1.4M |
| Total assets | $222.2M | $222.4M | $132.5M | $105.2M | $210.4M |
| Current liabilities | $30.8M | $31.0M | $22.3M | $36.2M | — |
| Total liabilities | $99.3M | $102.5M | $43.8M | $56.1M | $249,996 |
| Total debt | $16.7M | $21.7M | — | — | — |
| Stockholders' equity | $122.9M | $120.0M | $88.7M | $31.2M | $11.2M |
| Cash Flow Statement | |||||
| Cash from operations | $19.9M | $6.1M | $23.3M | $14.0M | — |
| Depreciation and amortization | $24.6M | $21.5M | $20.3M | $19.7M | — |
| Stock-based compensation | $2.5M | $2.1M | $4.0M | $0 | — |
| Capital expenditure | $20.1M | $22.9M | $43.8M | $24.7M | — |
| Free cash flow | -$224,000 | -$16.8M | -$20.4M | -$10.7M | — |
| Share repurchases | $1.3M | $0 | — | — | — |
| Impairments | $1.9M | $0 | — | — | — |
Shares outstanding 35.1M · Free float 20.5%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.