DTI Drilling Tools International Corp

CIK 0001884516 50 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 50

Latest filing August 6, 2026, 4:23 PM ET

Top materiality 0.85

Event mix earnings ×14 · other_material ×12 · m_and_a ×12

Sentiment 13 pos · 3 neg · 34 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 ◈ M&A Transactions

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 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.
March 5, 2026, 6:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01 ◈ Earnings Releases ×3

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.
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 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 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 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 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 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 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 15, 2024, 7:59 PM ET M&A materiality 0.75 negative item 9.01 item 2.01 ◈ M&A Transactions

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 ◈ M&A Transactions

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.
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.
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 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.
November 13, 2023, 6:59 PM ET earnings materiality 0.70 neutral item 2.02 item 9.01 ◈ Earnings Releases

Drilling Tools Q3 revenue $38.1M (+4.4% YoY); net income $4.3M vs $6.7M; FY outlook reiterated

Net revenue $38.1M, up 4.4% from $36.5M in Q3 2022; rental tool revenue rose 9.4% to $29.4M.
August 14, 2023, 7:59 PM ET earnings materiality 0.70 neutral item 2.02 item 9.01 ◈ Earnings Releases

DTI reports Q2 2023 revenue up 25% to $37.9M; full-year guidance reduced

Net income fell to $0.9M ($0.05 diluted EPS) from $5.9M ($0.30) in Q2 2022 due to transaction and personnel costs.
June 27, 2023, 7:59 PM ET M&A materiality 0.85 neutral item 1.01 item 2.01 item 5.06 item 3.02 item 4.01 item 9.01 item 2.03 item 3.03 item 5.01 item 5.02 item 5.03 item 5.05 item 7.01 ◈ executive_change ×10◈ Governance Changes ×4◈ M&A Transactions ×2◈ Debt Financings

ROC Energy completes de-SPAC merger with Drilling Tools; $217.6M redeemed, trading as DTI

Business combination closed June 20, 2023; ROC renamed to Drilling Tools International Corporation (DTIC).
June 9, 2023, 7:59 PM ET M&A materiality 0.60 neutral item 1.01 item 9.01 ◈ Material Agreements ×2

ROC amends merger agreement with Drilling Tools International, extends termination to June 6, 2023

ROC, Merger Sub, and DTI entered Merger Agreement Amendment on June 5, 2023, extending the termination date to June 6, 2023.
June 7, 2023, 7:59 PM ET other material materiality 0.75 neutral item 2.03 item 5.07 item 5.03 item 9.01 ◈ Governance Changes ×2

ROC stockholders approve merger with Drilling Tools International; extension also approved

Stockholders approved business combination with Drilling Tools International Holdings (DTI) at June 1 special meeting; 19.3M for, 3.7M against.
February 14, 2023, 6:59 PM ET M&A materiality 0.80 positive item 1.01 item 7.01 item 9.01 ◈ Material Agreements

ROC Energy signs merger with Drilling Tools; minimum cash condition $55M

Merger of Merger Sub with Drilling Tools; Drilling Tools survives as wholly owned subsidiary of PubCo.