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Drilling Tools International DTI Tool Rental — Cost of Goods Sold

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ALTGRental Depreciation — Cost of Goods Sold
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Other financials

Income statement

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Revenue$38.0M-11.5%
Gross profit$29.0M-0.5%
Operating income$3.3M-35.6%
Net income-$1.5M+7.7%
EPS (diluted)-$0.04+20.0%

Balance sheet

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Cash & equivalents$2.8M+1.8%
Total debt$44.2M-9.3%
Total equity$120.4M-1.9%
Total assets$224.7M-3.6%

Cash flow

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Operating cash flow-$3.2M-230%
CapEx$7.7M+52.4%
Free cash flow-$10.9M-315%

Valuation

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Market cap$67.82M-35.2%
Enterprise value$109.2M-27.9%
P/S0.4×-0.2×

Profitability

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Gross margin75.1%-29.7pp
Operating margin7.2%-8.6pp
Net margin5.5%-3.2pp
FCF margin-14.7%-151pp

Returns & leverage

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Return on equity13.4%-28.2pp
Debt / equity0.4×0.0×
Current ratio2.2×+0.2×

Where this comes from

Reported directly by Drilling Tools International in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Drilling Tools International’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Drilling Tools International's tool rental — cost of goods sold?
Drilling Tools International (DTI) reported tool rental — cost of goods sold of $9.4M in Q1 2026.
How has Drilling Tools International's tool rental — cost of goods sold changed year-over-year?
Drilling Tools International's tool rental — cost of goods sold decreased by 9.1% year-over-year, from $10.34M to $9.4M.
What is the long-term trend for Drilling Tools International's tool rental — cost of goods sold?
Over 3 years (2022 to 2025), Drilling Tools International's tool rental — cost of goods sold has grown at a 10.8% compound annual growth rate (CAGR), from $27.58M to $37.54M.
What does tool rental — cost of goods sold mean?
This metric captures the direct costs associated with providing rental equipment and services, including maintenance, inspection, refurbishment, and logistics expenses required to keep the fleet operational. It is a critical measure of operational efficiency and the direct cost structure of the rental business model. Monitoring this helps assess the impact of fleet wear and tear and the cost-effectiveness of maintaining rental assets.