---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-038876"
form_type: "8-K"
ticker: "DTI"
cik: "0001884516"
company_name: "Drilling Tools International Corp"
filed_at: "2025-03-13T23:59:59+00:00"
generated_at: "2026-05-24T21:37:23.219261+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DTI reports FY2024 revenue $154.4M, net income $3.0M; guides 2025 rev $163M-$183M

## Summary
- Full-year 2024 revenue $154.4M (tool rental $117.9M, product sales $36.5M); net income $3.0M ($0.09 diluted EPS).
- Q4 2024 revenue $39.8M; net loss ($1.3M) but adjusted net income $0.6M; adjusted EBITDA $9.1M.
- 2025 guidance: revenue $163M-$183M, adjusted EBITDA $40M-$50M, adjusted free cash flow $17M-$21M.
- CEO expects significant international revenue growth in 2025; completed acquisitions of Superior Drilling Products, Deep Casing Tools, European Drilling Projects, Titan Tools Services.
- Adjusted EBITDA for 2024 was $40.1M; adjusted free cash flow $17.2M; cash and equivalents $6.2M, net debt $47.6M.

## SEC filing metadata
- accession: 0000950170-25-038876
- form_type: 8-K
- ticker: DTI
- cik: 0001884516
- company_name: Drilling Tools International Corp
- filed_at: 2025-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1884516/000095017025038876/0000950170-25-038876-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1884516/000095017025038876/dti-20250313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-038876
- JSON: https://secwatch.observer/filing/0000950170-25-038876.json
- Plain text: https://secwatch.observer/filing/0000950170-25-038876.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
