Drilling Tools International publishes investor presentation outlining strategy and drilling-tool portfolio expansion
DTI•Balance sheet and capital return actions
Balance sheet actions include an $80 million ABL credit facility and a $25 million term loan maturing in March 2029.
The capital return plan includes a $10 million share repurchase program, with about $2 million of common stock repurchased.
Investor presentation highlights Q2 results and international mix
Drilling Tools International highlighted Q2 2026 revenue of $38.1 million and adjusted EBITDA of $8.4 million in a lower rig-count environment.
International mix reached 18% of Q2 revenue, supported by 26 service and support facilities across Western and Eastern Hemisphere operations.
2026 outlook reaffirmed
The company reaffirmed its 2026 outlook calling for:
- Revenue: $155 million-$170 million
- Adjusted free cash flow: $17 million-$22 million
