Filing Flows › Drilling Tools International (DTI) › Q3 2026 › vs Q2 2026
Drilling Tools International (DTI) Q3 2026 vs Q2 2026 (quarter over quarter)
Drilling Tools International's revenue rose $2.6M (+7%) from $38.1M in Q2 2026 to $40.6M in Q3 2026. The biggest changes: Tool Rental +$2.4M (+8%); Product +$176K (+2%).
Drilling Tools International, Q3 2026: revenue $40.6M (+5% year over year), operating margin -7.7%, net loss $2.6M, operating cash flow $1.4M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Tool Rental | $32.0M | $29.6M | $2.4M | +8% |
| Product | $8.7M | $8.5M | $176K | +2% |
| Revenue | $40.6M | $38.1M | $2.6M | +7% |
| Income tax benefit | $487K | $76K | $411K | +541% |
| Net loss | $2.6M | $1.8M | $840K | +47% |
| Costs & expenses | $43.8M | $39.9M | $3.8M | +10% |
| Operating costs | $43.8M | $39.9M | $3.8M | +10% |
| SG&A | $21.4M | $19.9M | $1.5M | +8% |
| Other operating costs | $22.4M | $20.0M | $2.3M | +12% |
| Operating cash sources | $7.9M | $7.8M | $79K | +1% |
| Depreciation & amortization | $7.0M | $6.9M | $58K | +0.8% |
| Share-based compensation | $929K | $908K | $21K | +2% |
| Net loss absorbed | $2.6M | $1.8M | $840K | +47% |
| Working capital & other | $3.8M | $8.3M | −$4.5M | -54% |
| Operating cash flow | $1.4M | −$2.3M | $3.8M | — |
| Capital expenditures | $5.7M | $4.2M | $1.5M | +35% |
| Negative free cash flow (OCF − capex) | $4.3M | $6.5M | −$2.3M | -35% |
Questions
How much did Drilling Tools International's revenue grow quarter over quarter in Q3 2026?
Drilling Tools International's revenue rose $2.6M (+7%) from $38.1M in Q2 2026 to $40.6M in Q3 2026.
What drove Drilling Tools International's revenue change in Q3 2026?
Tool Rental +$2.4M (+8%); Product +$176K (+2%).