DTI Drilling Tools International Corp

Overview and Growth

Fiscal 2025 results for Drilling Tools International Corp combined $159.63M of revenue with net loss of $3.76M and an operating cash inflow of $19.92M. At $159.63M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 3.4% from $154.45M in fiscal 2024, increasing the company’s operating scale. On a per-share basis, diluted EPS was -$0.11, which connects the reported earnings outcome with the company’s diluted share count. Diluted EPS decreased by 222.2% from $0.09 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. At period end, total assets were $222.18M, framing the scale of the company’s operating and financing commitments. The revenue-to-assets relationship was 0.72x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The bottom-line result was a net loss of $3.76M after operating, financing, tax, and other recognized items. The net loss equaled 2.4% of revenue, showing the bottom-line deficit relative to the company’s sales base. The pretax result was a loss of $2.86M, establishing the deficit before tax effects. Measured against revenue, the pretax deficit represented 1.8%. The reported income-tax provision was $905.00K, the amount recognized between pretax income and the final net-income result. Relative to period-end equity, the net loss represented 3.1%. The loss-to-assets relationship was 1.7%, placing the bottom-line deficit against the company’s resource base. The company moved from fiscal 2024 net income of $3.01M to a current net loss of $3.76M.

Liquidity and Capital Structure

Total assets were $222.18M, supported by $99.31M of liabilities and $122.87M of shareholder equity. The near-term balance sheet paired $64.89M of current assets with $30.82M of current liabilities at the reporting date. The current ratio was 2.11x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Reported cash and equivalents were $3.65M, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 11.8%, excluding receivables and other current assets. Total debt was $20.82M, establishing the amount of borrowing carried within the company’s capital structure. The debt-to-equity relationship was 0.17x, showing how much debt the company carried for each unit of book equity. Relative to total assets, debt measured 9.4%, showing how much of the asset base was matched by borrowing. Book equity represented 55.3% of total assets, quantifying the balance-sheet share supported by shareholder capital. The liabilities-to-assets relationship was 44.7%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 1.6% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $222.43M in fiscal 2024, the current asset base moved 0.1% and finished lower. Reported equity changed 2.4% from $119.96M in fiscal 2024, placing the current capital base higher year over year. The reported cash balance changed 41.0% from $6.18M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $19.92M, a reported cash inflow that can be compared directly with net income and capital spending. Capital spending was $20.15M, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 101.1% of operating cash flow, quantifying the share of cash from operations directed to investment. The company recorded a $224.00K cash deficit after capital spending for the period. The free-cash-flow deficit equaled 0.1% of revenue, showing the post-investment cash shortfall relative to sales. The free-cash-flow deficit equaled 0.1% of total assets, placing the cash shortfall against the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.