Drilling Tools International (DTI) Operating Expenses (2022 - 2026)
Drilling Tools International (DTI) recorded Operating Expenses of $39.94 million in Q2 2026, down 2.8% from $41.08 million a year earlier and down 0.3% from the prior quarter.
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Analysis
Drilling Tools International (DTI) Operating Expenses (2022 - 2026) Analysis & Trends
On a TTM basis, Drilling Tools International's Operating Expenses came in at $156.69 million as of Jun 30, 2026, down 6.2% year-over-year; for FY2025, it came in at $162.48 million, up 7.3% from FY2024.
- Annual Operating Expenses has increased for three straight years, with a four-year compound annual growth rate of 403.8% (FY2021 to FY2025).
- Across earlier years, Operating Expenses came in at $151.46 million in FY2024 (+22.0%), $124.14 million in FY2023 (+19.0%), $104.28 million in FY2022 and $252,254 in FY2021.
- Quarterly Operating Expenses has ranged from $289,327 in Q1 2022 to $44.71 million in Q1 2025 over the past five years.
- On a year-over-year basis, Operating Expenses has declined for four consecutive quarters, with growth averaging 11.3% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 40.4% in Q1 2025, against a decline of 10.4% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $40.05 million (Q1 2026), $37.41 million (Q4 2025) and $39.28 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 75.92 Bn | 71.85 Bn | 1.40 Bn | 324.00 Mn |
| 2 | Baker Hughes | 55.70 Bn | 18.80 Bn | 1.58 Bn | 723.00 Mn |
| 3 | Halliburton | 28.02 Bn | 19.74 Bn | 804.00 Mn | 4.94 Bn |
| 4 | TechnipFMC | 27.69 Bn | 23.83 Bn | 684.70 Mn | 2.28 Bn |
| 5 | Nov | 6.91 Bn | 1.65 Bn | 521.00 Mn | 1.04 Bn |
| 6 | Noble | 6.91 Bn | 4.84 Bn | 239.27 Mn | 689.21 Mn |
| 7 | Transocean | 6.62 Bn | 4.33 Bn | 358.00 Mn | 812.00 Mn |
| 8 | Valaris | 6.22 Bn | 3.84 Bn | 123.70 Mn | 498.70 Mn |
| 9 | Weatherford International | 6.03 Bn | 1.97 Bn | 333.00 Mn | 998.00 Mn |
| 10 | Drilling Tools International | 64.91 Mn | 51.53 Mn | 24.94 Mn | 39.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.94 Mn |
| 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 |
API Access
Drilling Tools International Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=DTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "DTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=DTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();