DTI Drilling Tools International Corp

CIK 0001884516 38 ready 8-Ks latest May 7, 2026, 7:59 PM ET RSS · JSON

Activity: NORMAL 2 filings / 30d vs 1 baseline Risk accumulating: repeated leadership change (6)

Ready 8-Ks 38

Latest filing May 7, 2026, 7:59 PM ET

Top materiality 0.85

Event mix earnings ×11 · m_and_a ×9 · other_material ×8

Sentiment 12 pos · 3 neg · 23 neu

Latest earnings reported 2026-Q1

Executive change recent →

Recent 8-K filings for DTI

Highest-materiality recent filing

Drilling Tools closes SDP acquisition for ~$32.2M; Q2 revenue flat, Adj. EBITDA $9.0M

August 6, 2024, 7:59 PM ET M&A materiality 0.85 positive item 2.01 item 2.02 item 7.01 item 9.01

Closed acquisition of Superior Drilling Products for ~$32.2M in cash and stock; issued ~4.85M shares, paid $14.9M cash.
Q2 revenue $37.5M flat YoY; operating income $2.2M; Adjusted EBITDA $9.0M.

Read filing →

May 7, 2026, 7:59 PM ET other materiality 0.00 neutral item 7.01 item 9.01

Drilling Tools International furnishes investor presentation; no material new disclosures

Company filed an investor presentation for Summer 2026 under Item 7.01 Regulation FD Disclosure.
May 7, 2026, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 9.01 ◈ Earnings Releases

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

Tool rental revenue $28.9M, product sales $9.0M; adjusted net loss $1.0M, adj. diluted EPS loss $0.03.
May 1, 2026, 7:59 PM ET other material materiality 0.30 neutral item 5.02 item 5.07 item 9.01 ◈ executive_change ×6

DTI elects three new directors, Prejean named Chairman at annual meeting

Elected new directors: Ira Green, Daniel Kimes, Jeremy Thigpen; re-elected Prejean, Crofford, Furst, Neuman.
March 5, 2026, 6:59 PM ET other materiality 0.05 neutral item 7.01 item 9.01

Drilling Tools International files Spring 2026 investor presentation; no financial results disclosed

Company furnished an investor presentation to be used for investor relations purposes.
March 5, 2026, 6:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01

Drilling Tools International reports Q4 2025 revenue $38.5M, net income $1.2M; guides 2026 revenue $155-170M

FY2025 revenue $159.6M; net loss $3.8M ($0.11/sh); adj net income $3.4M ($0.10/sh); adj EBITDA $39.3M.
January 27, 2026, 6:59 PM ET other material materiality 0.50 neutral item 5.02 item 7.01 item 8.01 item 9.01

DTI board refresh: Green appointed, Prejean named Chairman/CEO, Furst lead director

Ira H. Green, former Piper Sandler MD, appointed to board effective immediately; brings over 30 yrs energy capital markets experience.
December 18, 2025, 6:59 PM ET leadership materiality 0.30 neutral item 5.02

Drilling Tools director Roe Patterson to not stand for re-election at next annual meeting

Thomas M. 'Roe' Patterson informed the Board on Dec 16, 2025, he will end his tenure as director at the next annual stockholders meeting.
December 10, 2025, 6:59 PM ET leadership materiality 0.60 neutral item 5.02

CEO Wayne Prejean appointed interim Chairman after passing of Thomas Hicks

Wayne Prejean, President & CEO, appointed interim Chairman of the Board on Dec 9, 2025.
November 7, 2025, 6:59 PM ET other materiality 0.00 neutral item 7.01 item 9.01

Drilling Tools International files investor presentation with no new material information

8-K filed under Item 7.01 attaching a Winter 2025 investor presentation.
November 6, 2025, 6:59 PM ET earnings materiality 0.70 neutral item 2.02 item 9.01

DTI reports Q3 2025 revenue $38.8M, net loss $0.9M; maintains FY guidance

Revenue $38.8M; Tool Rental $31.9M, Product Sales $7.0M; Eastern Hemisphere segment grew 41% QoQ.
August 14, 2025, 7:59 PM ET other materiality 0.10 neutral item 7.01 item 9.01

Drilling Tools International furnishes fall 2025 investor presentation; no material new information disclosed

The 8-K includes an investor presentation titled 'INVESTOR PRESENTATION FALL 2025'.
August 13, 2025, 7:59 PM ET earnings materiality 0.70 negative item 2.02 item 9.01

DTI reports Q2 net loss $2.4M; maintains FY25 guidance as activity declines

Revenue $39.4M: tool rental $32.8M, product sales $6.7M.
May 20, 2025, 7:59 PM ET other material materiality 0.35 neutral item 4.01 item 9.01

Drilling Tools International replaces auditor Weaver with Grant Thornton for FY2025

Audit Committee dismissed Weaver and Tidwell as independent auditor on May 15, 2025.
May 15, 2025, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01

DTI reports Q1 2025 revenue $42.9M, net loss $1.7M; board authorizes $10M buyback; adjusts FY2025 guidance

Total revenue $42.9M (Q1 2025): Tool Rental $34.5M, Product Sales $8.3M; operating income $3.3M.
May 15, 2025, 7:59 PM ET other materiality 0.10 neutral item 5.07 item 9.01

Drilling Tools International announces 2025 annual meeting results; all director nominees elected

Approximately 83.56% of shares represented at the meeting; 29,744,673 shares voted.
May 14, 2025, 7:59 PM ET other material materiality 0.30 neutral item 7.01 item 9.01

Drilling Tools International files Form 8-K with investor presentation

Company issued investor presentation on May 13, 2025 for investor relations purposes.
May 13, 2025, 7:59 PM ET earnings materiality 0.70 neutral item 2.02 item 9.01

DTI reports Q1 revenue $42.9M, net loss $1.7M; guides FY25 rev $145-165M, announces $10M buyback

Q1 revenue $42.9M (+7.6% seq, +16% YoY); tool rental $34.5M, product sales $8.3M.
March 17, 2025, 7:59 PM ET other material materiality 0.10 neutral item 7.01 item 9.01

Drilling Tools files Spring 2025 investor presentation without specific financial updates

Company filed an investor presentation for Spring 2025 under Regulation FD.
March 13, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

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

Full-year 2024 revenue $154.4M (tool rental $117.9M, product sales $36.5M); net income $3.0M ($0.09 diluted EPS).
January 2, 2025, 6:59 PM ET M&A materiality 0.60 positive item 7.01 item 9.01

Drilling Tools International completes acquisition of UK-based Titan Tools Services Ltd.

Acquisition closed Jan 2, 2025; Titan is a UK-based downhole tool rental company based in Aberdeen, Scotland.
November 14, 2024, 6:59 PM ET other material materiality 0.25 neutral item 7.01 item 9.01

Drilling Tools International furnishes Winter 2024 investor presentation; no financial details disclosed

Company filed a Form 8-K with an investor presentation under Item 7.01 Regulation FD.
November 13, 2024, 6:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

DTI Q3 adj. EPS $0.14, lowers FY2024 revenue guidance to $145-155M

Q3 revenue $40.1M (rental $28.1M, product $12.0M); net income $867k ($0.03 diluted EPS); adjusted net income $4.6M ($0.14 adj. diluted EPS).
October 31, 2024, 7:59 PM ET M&A materiality 0.55 positive item 7.01 item 9.01

DTI signs definitive agreement to acquire UK-based Titan Tools Services Ltd.

Acquisition expands DTI's presence in North Sea, Europe, and Africa markets.
October 15, 2024, 7:59 PM ET M&A materiality 0.75 negative item 9.01 item 2.01

DTI issues SDPI merger pro forma: H1 2024 rev $79.5M, net loss $1.2M

Merger consideration: $13.7M cash + 4.85M DTI shares to SDPI stockholders.
October 3, 2024, 7:59 PM ET M&A materiality 0.65 positive item 7.01 item 9.01

DTI closes acquisition of European Drilling Projects (EDP) to expand global footprint and technology portfolio.

Acquired EDP, a global provider of next-generation stabilizers, specialty reamers, and wellbore optimization technology.
August 6, 2024, 7:59 PM ET M&A materiality 0.85 positive item 2.01 item 2.02 item 7.01 item 9.01

Drilling Tools closes SDP acquisition for ~$32.2M; Q2 revenue flat, Adj. EBITDA $9.0M

Closed acquisition of Superior Drilling Products for ~$32.2M in cash and stock; issued ~4.85M shares, paid $14.9M cash.
July 25, 2024, 7:59 PM ET M&A materiality 0.50 neutral item 7.01 item 9.01

DTI and SDPI set July 29 election deadline for merger consideration in pending acquisition

SDPI shareholders must elect form of consideration (stock or cash) by 5:00 p.m. ET on July 29, 2024.
May 28, 2024, 7:59 PM ET M&A materiality 0.80 neutral item 9.01 item 2.01

Drilling Tools International files 8-K/A with audited financials for CTG acquisition

Acquired 100% of Casing Technologies Group (CTG) and Deep Casing Tools on March 15, 2024 for undisclosed terms.
May 16, 2024, 7:59 PM ET other materiality 0.10 neutral item 5.07 item 9.01 ◈ Shareholder Votes ×2

DTI shareholders elect all director nominees and ratify auditor at 2024 annual meeting

Approximately 84% of outstanding shares (25,006,326) were represented at the May 14, 2024 annual meeting.
May 10, 2024, 7:59 PM ET earnings materiality 0.50 neutral item 2.02 item 9.01 ◈ Earnings Releases ×2

Drilling Tools International reports Q1 2024 revenue of $37M, reaffirms full-year outlook

Q1 revenue $37M: Tool Rental $30M, Product Sales $7M.
May 10, 2024, 7:59 PM ET other material materiality 0.30 neutral item 7.01 item 9.01

Drilling Tools International releases investor presentation for Q1 2024 results

Investor presentation covers financial results for three months ended March 31, 2024.
March 28, 2024, 7:59 PM ET other materiality 0.15 neutral item 7.01 item 9.01

Drilling Tools International furnishes March 2024 investor presentation on Form 8-K

Presentation covers 2023 full-year financial results, released March 28, 2024.
March 27, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

DTI reports FY2023 revenue $152M (+17% YoY), adj. EBITDA $51M; guides FY2024 adj. FCF $20-25.5M

FY2023 revenue $152M (+17% YoY), net income $14.7M, adjusted EBITDA $51M (33.6% margin).
March 19, 2024, 7:59 PM ET M&A materiality 0.75 positive item 2.01 item 7.01 item 9.01 ◈ M&A Transactions

Drilling Tools International closes ~£14.5M acquisition of Deep Casing Tools

Acquired 100% of Deep Casing Tools for ~£14.5M (£250K share purchase, £14.25M debt payoff).
March 19, 2024, 7:59 PM ET debt materiality 0.70 positive item 1.01 item 2.03 item 7.01 item 9.01 ◈ Debt Financings◈ Material Agreements

DTI refinances ABL facility to $80M, adds $25M term loan, extends maturity to 2029

ABL facility capacity increased from $60M to $80M; pricing improved to SOFR+2.50%.
March 12, 2024, 7:59 PM ET other material materiality 0.35 neutral item 5.02 item 9.01

Drilling Tools Intl amends CEO/CFO/President employment; salary increases, enhanced CIC severance

CEO Prejean base salary raised to $600k, target bonus 100% of base.
March 7, 2024, 6:59 PM ET earnings materiality 0.65 positive item 2.02 item 9.01 ◈ Earnings Releases

DTI provides preliminary FY2023 revenue $150-154M, adj. EBITDA $50-52M

Preliminary FY2023 revenue estimated between $150M and $154M.
March 7, 2024, 6:59 PM ET M&A materiality 0.80 positive item 1.01 item 7.01 item 9.01 ◈ Material Agreements

DTI to acquire Superior Drilling Products for ~$32.2M in cash and stock; expected close Q3 2024

Per SDPI share, holders elect $1.00 cash, 0.313 DTI shares, or a mix; total consideration ~$32.2M.