Drilling Tools (DTI) Revenue & Revenue Breakdown
Drilling Tools Revenue Highlights
Latest Revenue (Y)
$152.03M
Latest Revenue (Q)
$37.53M
Drilling Tools Revenue by Period
Drilling Tools Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $152.03M | 17.35% |
| 2022-12-31 | $129.56M | 67.43% |
| 2021-12-31 | $77.38M | - |
Drilling Tools generated $152.03M in revenue during NA 2023, up 17.35% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Drilling Tools Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $37.53M | 1.51% |
| 2024-03-31 | $36.97M | 5.07% |
| 2023-12-31 | $35.19M | -7.73% |
| 2023-09-30 | $38.14M | 0.61% |
| 2023-06-30 | $37.91M | -7.09% |
| 2023-03-31 | $40.80M | 11.29% |
| 2022-12-31 | $36.66M | 0.31% |
| 2022-09-30 | $36.55M | 20.33% |
| 2022-06-30 | $30.37M | 100.00% |
| 2022-03-31 | - | 100.00% |
| 2021-12-31 | - | - |
Drilling Tools generated $37.53M in revenue during Q2 2024, up 1.51% compared to the previous quarter, and up 91.99% compared to the same period a year ago.
Drilling Tools Revenue Breakdown
Drilling Tools Revenue Breakdown by Product
Quarterly Revenue by Product
| Product/Service | Jun 24 |
|---|---|
| Product | $9.21M |
| Tool Rental | $28.33M |
Drilling Tools's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Tool Rental (75.47%), and Product (24.53%).
Drilling Tools Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Jun 24 |
|---|---|
| International | $7.00M |
| UNITED STATES | $30.50M |
Drilling Tools's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (81.33%), and International (18.67%).
DTI Revenue FAQ
What is Drilling Tools’s yearly revenue?
Drilling Tools's yearly revenue for 2023 was $152.03M, representing an increase of 17.35% compared to 2022. The company's yearly revenue for 2022 was $129.56M, representing an increase of 67.43% compared to 2021. DTI's yearly revenue for 2021 was $77.38M, representing an increase of 0% compared to 2020.
What is Drilling Tools’s quarterly revenue?
Drilling Tools'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). The company's quarterly revenue for Q1 2024 was $36.97M, a 5.07% increase from the previous quarter (Q4 2023), and a -9.38% decrease year-over-year (Q1 2023). DTI's quarterly revenue for Q4 2023 was $35.19M, a -7.73% decrease from the previous quarter (Q3 2023), and a -4.01% decrease year-over-year (Q4 2022).
What is Drilling Tools’s revenue growth rate?
Drilling Tools's revenue growth rate for the last 3 years (2021-2023) was 96.48%