Drilling Tools International (DTI) Projected to Post Earnings on Thursday

Drilling Tools International (NASDAQ:DTI) 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 are encouraged to explore 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:DTI) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates 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 Price Performance

Shares of NASDAQ DTI opened at $2.27 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.15 and a quick ratio of 1.57. Drilling Tools International has a 1-year low of $1.65 and a 1-year high of $4.69. The company has a market capitalization of $79.77 million, a price-to-earnings ratio of -20.64, a PEG ratio of 2.96 and a beta of -0.63. The business has a 50-day moving average of $2.35 and a 200-day moving average of $3.13.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DTI. Wall Street Zen cut Drilling Tools International from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research upgraded shares of Drilling Tools International from a “strong sell” rating to a “hold” rating in a research note on Friday, July 10th. Finally, Weiss Ratings cut shares of Drilling Tools International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Drilling Tools International

Institutional investors have recently made changes to their positions in the business. XTX Topco Ltd grew its position in shares of Drilling Tools International by 52.3% during the fourth quarter. XTX Topco Ltd now owns 16,026 shares of the company’s stock worth $39,000 after buying an additional 5,504 shares in the last quarter. Qube Research & Technologies Ltd acquired a new stake in Drilling Tools International in the second quarter valued at $49,000. Geode Capital Management LLC raised its holdings in Drilling Tools International by 12.7% in the fourth quarter. Geode Capital Management LLC now owns 159,400 shares of the company’s stock valued at $391,000 after acquiring an additional 17,926 shares in the last quarter. Citadel Advisors LLC bought a new position in Drilling Tools International during the 3rd quarter valued at $55,000. Finally, Veradace Capital Management LLC bought a new position in Drilling Tools International during the 4th quarter valued at $62,000. 2.79% of the stock is owned by institutional investors and hedge funds.

About Drilling Tools International

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.