Drilling Tools International (DTI) Operating Expenses (2022 - 2026)
Drilling Tools International (DTI) recorded quarterly Operating Expenses of $40.1 million in Q1 2026, up 7.07% quarter-over-quarter from $37.4 million in Q4 2025, and down 10.41% on a YoY basis from $44.7 million in Q1 2025.
Drilling Tools International (DTI) Operating Expenses (2022 - 2026) Analysis & Trends
Drilling Tools International's Operating Expenses history runs 5 years deep, the most recent figure standing at $40.1 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 10.41% year-over-year to $40.1 million; the TTM figure through Mar 2026 stood at $157.8 million (down 3.33% YoY), while the FY2025 annual figure was $162.5 million, up 7.28% from the prior year.
- Operating Expenses was $40.1 million for Q1 2026 at Drilling Tools International, up from $37.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $44.7 million in Q1 2025 to a low of $289327.0 in Q1 2022.
- Historically, Operating Expenses has averaged $32.9 million across 5 years, with a median of $32.9 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses surged 11263.61% in 2023, then retreated 10.41% in 2026.
- A 5-year view of Operating Expenses shows it stood at $28.7 million in 2022, then grew by 6.8% to $30.7 million in 2023, then jumped by 35.79% to $41.6 million in 2024, then slipped by 10.15% to $37.4 million in 2025, then climbed by 7.07% to $40.1 million in 2026.
- The last three Operating Expenses figures came in at $40.1 million (Q1 2026), $37.4 million (Q4 2025), and $39.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 261.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 732.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 4.72 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 2.14 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -76.01 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 9.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 1.03 Bn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 45.83 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 238.95 Mn |
| 10 | Drilling Tools International | 95.52 Mn | 92.69 Mn | 35.28 Mn | 40.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.05 Mn |
| Dec 31, 2025 | 37.41 Mn |
| Sep 30, 2025 | 39.28 Mn |
| Jun 30, 2025 | 41.08 Mn |
| Mar 31, 2025 | 44.71 Mn |
| Dec 31, 2024 | 41.64 Mn |
| Sep 30, 2024 | 39.67 Mn |
| Jun 30, 2024 | 37.25 Mn |
| Mar 31, 2024 | 31.84 Mn |
| Dec 31, 2023 | 30.66 Mn |
| Sep 30, 2023 | 31.01 Mn |
| Jun 30, 2023 | 31.28 Mn |
| Mar 31, 2023 | 32.88 Mn |
| Dec 31, 2022 | 28.71 Mn |
| Sep 30, 2022 | 28.47 Mn |
| Jun 30, 2022 | 22.32 Mn |
| Mar 31, 2022 | 289,327.00 |