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Drilling Tools (DTI) Revenue & Revenue Breakdown

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Drilling Tools Revenue Highlights

Latest Revenue (Y)

$154.45M

Latest Revenue (Q)

$39.85M

Main Segment (Y)

Tool Rental

Main Geography (Y)

UNITED STATES

Drilling Tools Revenue by Period

Drilling Tools Revenue by Year

DateRevenueChange
2024-12-31$154.45M1.59%
2023-12-31$152.03M17.35%
2022-12-31$129.56M67.43%
2021-12-31$77.38M-

Drilling Tools generated $154.45M in revenue during NA 2024, up 1.59% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Drilling Tools Revenue by Quarter

DateRevenueChange
2024-12-31$39.85M-0.62%
2024-09-30$40.09M6.82%
2024-06-30$37.53M1.51%
2024-03-31$36.97M5.07%
2023-12-31$35.19M-7.73%
2023-09-30$38.14M0.61%
2023-06-30$37.91M-7.09%
2023-03-31$40.80M11.29%
2022-12-31$36.66M0.31%
2022-09-30$36.55M20.33%
2022-06-30$30.37M100.00%
2022-03-31-100.00%
2021-12-31--

Drilling Tools generated $39.85M in revenue during Q4 2024, up -0.62% compared to the previous quarter, and up 104.48% compared to the same period a year ago.

Drilling Tools Revenue Breakdown

Drilling Tools Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24
Tool Rental$117.93M
Product$36.52M

Drilling Tools's latest annual revenue breakdown by segment (product or service), as of Dec 24: Tool Rental (76.35%), and Product (23.65%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Jun 24
Tool Rental$37.19M$61.48M$28.12M$28.33M
Product$9.06M$15.34M$11.98M$9.21M

Drilling Tools's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Tool Rental (80.41%), and Product (19.59%).

Drilling Tools Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24
UNITED STATES$125.30M

Drilling Tools's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (100.00%).

Quarterly Revenue by Country

CountryMar 25Dec 24Sep 24Jun 24
Western Hemisphere$41.20M---
Eastern Hemisphere$5.05M---
UNITED STATES-$63.10M$31.70M$30.50M
International---$7.00M

Drilling Tools's latest quarterly revenue breakdown by geography, as of Mar 25: Western Hemisphere (89.08%), and Eastern Hemisphere (10.92%).

DTI Revenue FAQ

What is Drilling Tools’s yearly revenue?

Drilling Tools's yearly revenue for 2024 was $154.45M, representing an increase of 1.59% compared to 2023. The company's yearly revenue for 2023 was $152.03M, representing an increase of 17.35% compared to 2022. DTI's yearly revenue for 2022 was $129.56M, representing an increase of 67.43% compared to 2021.

What is Drilling Tools’s quarterly revenue?

Drilling Tools's quarterly revenue for Q4 2024 was $39.85M, a -0.62% decrease from the previous quarter (Q3 2024), and a 13.23% increase year-over-year (Q4 2023). The company's quarterly revenue for Q3 2024 was $40.09M, a 6.82% increase from the previous quarter (Q2 2024), and a 5.13% increase year-over-year (Q3 2023). DTI's quarterly revenue for Q2 2024 was $37.53M, a 1.51% increase from the previous quarter (Q1 2024), and a -0.99% decrease year-over-year (Q2 2023).

What is Drilling Tools’s revenue growth rate?

Drilling Tools's revenue growth rate for the last 3 years (2022-2024) was 19.21%

What are Drilling Tools’s revenue streams?

Drilling Tools's revenue streams in c 24 are Tool Rental, and Product. Tool Rental generated $117.93M in revenue, accounting 76.35% of the company's total revenue Product generated $36.52M in revenue, accounting 23.65% of the company's total revenue

What is Drilling Tools’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Drilling Tools was Tool Rental. This segment made a revenue of $117.93M, representing 76.35% of the company's total revenue.