---
title: "Drilling Tools International Corp 1Q 2026: Revenue $37.96M, EPS $(0.04) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285757962.md"
description: "Drilling Tools International Corp reported Q1 2026 revenue of $37.96M, down 11.5% from $42.88M in Q1 2025. The net loss attributable to stockholders was $1.54M, or $(0.04) per share, an improvement from $(1.669) M and $(0.05) per share a year earlier. The decline in revenue was mainly due to a 19% drop in Western Hemisphere rentals, while product sales increased to 24% of revenue. Inflation impacted costs, and capital spending focused on fleet growth and tool recovery."
datetime: "2026-05-08T17:11:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285757962.md)
  - [en](https://longbridge.com/en/news/285757962.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285757962.md)
generator: "portal-rs"
---

# Drilling Tools International Corp 1Q 2026: Revenue $37.96M, EPS $(0.04) — 10-Q Summary

Drilling Tools International Corp reported first-quarter 2026 results with revenue of $37.96M, down from $42.88M a year earlier, and a net loss attributable to DTI stockholders of $1.54M, or diluted loss per share of $(0.04), a slight improvement versus the prior-year quarter.

**Financial Highlights**

-   Revenue was $37.959M for Q1 2026, down from $42.880M in Q1 2025 (YoY change (11.5%)).
-   Net income was $(1.540) M attributable to DTI stockholders for Q1 2026, versus $(1.669) M in Q1 2025 (improved loss).
-   Diluted earnings per share was $(0.04) for Q1 2026, versus $(0.05) in Q1 2025 (reduced loss per share).

**Business Highlights**

-   Total revenue declined 11% year-over-year to $38.0M, driven largely by a 19% drop in Western Hemisphere rentals.
-   Product sales increased to 24% of revenue as Eastern Hemisphere product sales and expansion into new markets supported a channel shift.
-   Depreciation rose modestly while rig productivity gains partially offset lower rig counts.
-   Inflation raised personnel and input costs, creating near-term pressure on profitability.
-   Capital spending focused on fleet growth and tool recovery sales, financed from operations and available credit facilities.

Original SEC Filing: Drilling Tools International Corp \[ DTI \] - 10-Q - May. 08, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**