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Drilling Tools International DTI Western Hemisphere — Cost of Goods Sold

Other segment segments

Eastern Hemisphere
$3.3M+33.5%

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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 western hemisphere — cost of goods sold?
Drilling Tools International (DTI) reported western hemisphere — cost of goods sold of $9.96M in Q1 2026.
How has Drilling Tools International's western hemisphere — cost of goods sold changed year-over-year?
Drilling Tools International's western hemisphere — cost of goods sold decreased by 17.9% year-over-year, from $12.14M to $9.96M.
What does western hemisphere — cost of goods sold mean?
This represents the direct costs attributable to the production, rental, and refurbishment of drilling tools within the Western Hemisphere segment. It includes direct labor, materials, and overhead costs directly associated with providing the segment's products and services to customers.