---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-212067"
form_type: "8-K"
ticker: "DTI"
cik: "0001884516"
company_name: "Drilling Tools International Corp"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T22:03:01.943596+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# DTI Q1 revenue $38.0M, net loss $1.5M; reaffirms FY2026 outlook

## Summary
- Tool rental revenue $28.9M, product sales $9.0M; adjusted net loss $1.0M, adj. diluted EPS loss $0.03.
- Adjusted EBITDA $7.5M; cash $2.8M, net debt $48.9M as of March 31, 2026.
- Sponsor HHEP distributed remaining DTI shares to limited partners; board refreshed, transitioning to fully independent public company.
- FY2026 guidance reaffirmed: revenue $155-170M, adj. EBITDA $35-45M, adj. free cash flow $17-22M.
- Management cites early Canada spring breakup effect, but expects later-year catalysts from international ClearPath and Drill-N-Ream adoption.

## SEC filing metadata
- accession: 0001193125-26-212067
- form_type: 8-K
- ticker: DTI
- cik: 0001884516
- company_name: Drilling Tools International Corp
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1884516/000119312526212067/0001193125-26-212067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1884516/000119312526212067/dti-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-212067
- JSON: https://secwatch.observer/filing/0001193125-26-212067.json
- Plain text: https://secwatch.observer/filing/0001193125-26-212067.txt

## Source-grounded claims
- claim_id: 6423f0c1ee405b9fec3c2ebe95a2e3ccd8f99898
  claim: Drilling Tools International Corp reported first quarter ended March 31, 2026 results: revenue $38.0 million, net income $1.5 million, EPS loss of $0.04 per share. Guidance reaffirmed.
  evidence_excerpt: today reported its results for the three months ended March 31, 2026. For the first quarter of 2026, DTI generated total consolidated revenue of $38.0 million. First quarter Tool Rental revenue was $28.9 million, and Product Sales revenue totaled approximately $9.0 million. Net Loss attributable to common stockholders for the first quarter was $1.5 million, or a loss of $0.04 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1884516/000119312526212067/0001193125-26-212067-index.htm

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