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Drilling Tools (DTI) Revenue & Revenue Breakdown

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Drilling Tools Revenue Highlights

Latest Revenue (Y)

$152.03M

Latest Revenue (Q)

$40.09M

Drilling Tools Revenue by Period

Drilling Tools Revenue by Year

DateRevenueChange
2023-12-31$152.03M17.35%
2022-12-31$129.56M67.43%
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

DateRevenueChange
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 $40.09M in revenue during Q3 2024, up 6.82% compared to the previous quarter, and up 105.76% compared to the same period a year ago.

Drilling Tools Revenue Breakdown

Drilling Tools Revenue Breakdown by Product

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24
Product$11.98M$9.21M
Tool Rental$28.12M$28.33M

Drilling Tools's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Tool Rental (70.13%), and Product (29.87%).

Drilling Tools Revenue Breakdown by Country

Quarterly Revenue by Country

CountrySep 24Jun 24
UNITED STATES$31.70M$30.50M
International-$7.00M

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

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 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). The company'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). DTI'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).

What is Drilling Tools’s revenue growth rate?

Drilling Tools's revenue growth rate for the last 3 years (2021-2023) was 96.48%