AI brief of an SEC Form 8-K · Drilling Tools International Corp (DTI)

DTI investor deck reaffirms 2026 guidance and details pending $80M Saltire acquisition

Mixed Impact 4 of 5 m&a Written later

Drilling Tools International furnished an investor presentation under Regulation FD that reaffirms its 2026 revenue and Adjusted EBITDA outlook and revises its capital expenditure and Adjusted Free Cash Flow outlook. The deck also details the pending Saltire Energy acquisition, which would be paid for with about $80 million in cash and 17.4 million DTI shares and requires DTI stockholder approval.

Key points

  • Q3 2026 revenue was $40.6 million and Adjusted EBITDA was $9.5 million, which the company says increased sequentially.
  • 2026 guidance reaffirmed: revenue of $155 million to $170 million and Adjusted EBITDA of $35 million to $45 million.
  • Saltire consideration is about $80 million in cash plus 17.4 million DTI shares, with Saltire run-rate Adjusted EBITDA of $22.5 million and expected closing in Q1 2027.

The filing

CompanyDrilling Tools International Corp (DTI)
Form8-K, current report
Filed with the SECNov 5, 2026, 4:20 PM ET
Accession number0001193125-26-449929

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.