Drilling Tools International (DTI) Expected to Announce Quarterly Earnings on Thursday

Drilling Tools International (NASDAQ:DTIGet Free Report) is projected to post its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $38.7230 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, August 7, 2026 at 10:00 AM ET.

Drilling Tools International (NASDAQ:DTIGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.04). Drilling Tools International had a positive return on equity of 0.45% and a negative net margin of 2.35%.The company had revenue of $37.96 million for the quarter, compared to analysts’ expectations of $37.80 million. On average, analysts expect Drilling Tools International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Drilling Tools International Trading Up 1.3%

Shares of Drilling Tools International stock opened at $2.29 on Thursday. The company has a fifty day simple moving average of $2.40 and a 200-day simple moving average of $3.15. Drilling Tools International has a 12-month low of $1.65 and a 12-month high of $4.69. The company has a current ratio of 2.15, a quick ratio of 1.57 and a debt-to-equity ratio of 0.38. The stock has a market cap of $80.47 million, a price-to-earnings ratio of -20.82, a PEG ratio of 2.79 and a beta of -0.60.

Hedge Funds Weigh In On Drilling Tools International

Institutional investors have recently modified their holdings of the business. XTX Topco Ltd boosted its stake in Drilling Tools International by 52.3% during the 4th quarter. XTX Topco Ltd now owns 16,026 shares of the company’s stock worth $39,000 after purchasing an additional 5,504 shares during the period. Qube Research & Technologies Ltd purchased a new stake in shares of Drilling Tools International in the second quarter valued at about $49,000. Citadel Advisors LLC purchased a new stake in shares of Drilling Tools International in the third quarter valued at about $55,000. Veradace Capital Management LLC acquired a new stake in shares of Drilling Tools International during the fourth quarter worth about $62,000. Finally, Jane Street Group LLC acquired a new stake in shares of Drilling Tools International during the fourth quarter worth about $69,000. 2.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on DTI shares. Wall Street Zen lowered shares of Drilling Tools International from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Zacks Research raised Drilling Tools International from a “strong sell” rating to a “hold” rating in a report on Friday, July 10th. Finally, Weiss Ratings cut Drilling Tools International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Drilling Tools International currently has an average rating of “Reduce”.

View Our Latest Analysis on DTI

Drilling Tools International Company Profile

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Drilling Tools International Corporation provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole tool rentals, machining, and inspection services to support the global drilling and wellbore construction industry. The company also provides products are bottom hole assembly components, such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, and roller reamers, as well as drill pipe and drill pipe accessories; ancillary equipment and handling tools to support its rental platform, including float valves, ring gauges, tool baskets, lift bail, lift subs, mud magnets, elevators, bracket and bail assemblies, slips, tongs, stabbing guides and safety clamps; and blowout preventers, and pressure control accessory equipment.

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Earnings History for Drilling Tools International (NASDAQ:DTI)

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