Drilling Tools International misses Q1 estimates with $37.96M revenue
Drilling Tools International reported Q1 Non-GAAP EPS of -$0.03, missing estimates by $0.04.
The company’s revenue was $37.96M, an 11.5% year-over-year decline, and missed estimates by $0.25M.
As of March 31, 2026, Drilling Tools International had $2.8 million in cash and generated $7.5 million in Adjusted EBITDA, with an Adjusted Free Cash Flow loss of $160,000.