v3.25.4
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenue, net:    
Revenue, net $ 159,626 $ 154,446
Costs and other deductions:    
Selling, general, and administrative expense 82,239 78,695
Depreciation and amortization expense 27,290 23,832
Interest expense, net 5,053 3,369
Loss (gain) on asset disposal 65 (60)
Loss (gain) on remeasurement of previously held equity interest   (368)
Goodwill impairment 1,901 0
Other operating and non-operating expense, net 4,654 7,503
Total costs and other deductions 162,482 151,462
Income (loss) before income tax expense (2,856) 2,984
Income tax benefit (expense) (905) 30
Net income (loss) (3,761) 3,014
Net income (loss) attributable to Drilling Tools International stockholders $ (3,761) $ 3,014
Basic earnings (loss) per share $ (0.11) $ 0.09
Diluted earnings (loss) per share $ (0.11) $ 0.09
Basic weighted-average common shares outstanding 35,533,268 31,938,847
Diluted weighted-average common shares outstanding 35,533,268 32,308,179
Comprehensive income (loss):    
Net income (loss) $ (3,761) $ 3,014
Foreign currency translation adjustment, net of tax 2,541 (1,652)
Net comprehensive income (loss) (1,220) 1,362
Tool Rental    
Revenue, net:    
Revenue, net 129,562 117,926
Costs and other deductions:    
Cost of revenue, exclusive of depreciation and amortization 28,911 24,110
Product Sale    
Revenue, net:    
Revenue, net 30,064 36,520
Costs and other deductions:    
Cost of revenue, exclusive of depreciation and amortization $ 12,369 $ 14,381