Filing Flows › Drilling Tools International (DTI) › Q4 2025
Drilling Tools International (DTI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 6, 2026
Drilling Tools International (DTI) reported revenue of $38.5M for the fourth quarter 2025 (Q4 2025), -3% from a year earlier and -0.8% from the quarter before. Operating margin was 2.9%, net earnings $1.2M (3.2% of revenue).
Drilling Tools International, Q4 2025: revenue $38.5M (-3% year over year), operating margin 2.9%, net earnings $1.2M, operating cash flow $5.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $38.5M | -0.8% | -3% |
| Operating profit | $1.1M | — | -39% |
| Net earnings | $1.2M | — | — |
| Operating cash flow | $5.3M | -46% | — |
| Free cash flow | $1.3M | -79% | — |
What changed
Revenue was $38.5M in Q4 2025, down 3% year over year and down 1% from the previous quarter. Tool Rental was the largest line at 79% of revenue.
Operating profit was $1.1M, a 2.9% margin (down 1.7 points year over year). Total costs fell 2% while revenue fell 3%. Net earnings were $1.2M. The effective tax rate was -10.8%.
Operating cash flow was $5.3M, 438% of net earnings. Non-cash charges added back $6.9M of depreciation and amortization and $644K of share-based compensation. Working capital and other items used $3.4M. Capital expenditures of $4.0M left free cash flow of $1.3M.
Questions
What was Drilling Tools International's revenue in the fourth quarter 2025?
Drilling Tools International (DTI) reported revenue of $38.5M for the fourth quarter 2025 (Q4 2025), -3% from a year earlier and -0.8% from the quarter before.
Was Drilling Tools International profitable in the fourth quarter 2025?
Operating profit was $1.1M (2.9% of revenue) and net earnings $1.2M.