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Drilling Tools International (DTI) guidance and outlook

Drilling Tools International (DTI) raised some and lowered other parts of its guidance on Nov 5, 2026: Revenue +7% for FY2026; EBITDA +14% for FY2026; EBITDA margin 23% for FY2026; Capital expenditures $22.0M–$23.0M for FY2026. Drilling Tools International's 10-Q filed Nov 6, 2026 makes 11 forward-looking statements.

Guidance and outlook

Latest guidance

From the earnings release filed Nov 5, 2026 (8-K on EDGAR).

Forward-looking statements, 10-Q filed Nov 6, 2026

• Our historical results are not necessarily indicative of the results that may be expected for any period in the future.
• While these factors may lead to differing revenues, we have generally been able to forecast our product needs and anticipated revenue levels based on historic trends in a given region and product line.
• We expect the Saltire Acquisition to increase our Eastern Hemisphere contribution from approximately 18% of our standalone revenue in the second quarter of 2026 to approximately 40% of pro forma revenue following closing.
• Subject to the satisfaction of closing conditions, including financing, we expect the Saltire Acquisition to close in the first quarter of 2027.
• We have incurred approximately $2.2 million of transaction-related expenses in connection with the Saltire Acquisition during the three months ended September 30, 2026, and we expect to incur significant additional transaction, financing and integration costs.
• We are experiencing the impacts of global inflation, both in increased personnel costs and the prices of goods and services required to operate drilling rigs and execute capital projects.
• While we are currently unable to estimate the ultimate impact of rising prices, we do expect that our costs will continue to rise in the near term and will impact our profitability.
• We expect to fund the cash consideration for the Saltire Acquisition, together with related fees and expenses, through new debt financing and borrowings under the Credit Facility Agreement.
• The amount of our capital expenditures is influenced by, among other things, demand for our services, recovery of lost or damaged tools, schedules for refurbishing our various rental tools and equipment, cash flow generated by our operations, expected rates of return and cash required for other purposes.
• We currently have available federal net operating loss carryforwards to offset our federal taxable income, and we expect that these carryforwards will substantially reduce our cash tax payments over the next several years.
• If we forfeit these carryforwards for any reason or deplete them faster than anticipated, our cash tax obligations could increase substantially.

Drilling Tools International's latest quarter

Questions

Did Drilling Tools International raise or lower its guidance?

Drilling Tools International (DTI) raised some and lowered other parts of its guidance on Nov 5, 2026: Revenue +7% for FY2026; EBITDA +14% for FY2026; EBITDA margin 23% for FY2026; Capital expenditures $22.0M–$23.0M for FY2026.

What does Drilling Tools International expect?

Our historical results are not necessarily indicative of the results that may be expected for any period in the future. While these factors may lead to differing revenues, we have generally been able to forecast our product needs and anticipated revenue levels based on historic trends in a given region and product line. We expect the Saltire Acquisition to increase our Eastern Hemisphere contribution from approximately 18% of our standalone revenue in the second quarter of 2026 to approximately 40% of pro forma revenue following closing.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.