Drilling Tools International Corp.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Drilling Tools International Corp.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 17% to $152,034,000. Profit margin reached 10%. Total operating expenses were $68,264,000.

Profit Margin

Drilling Tools International Corp. (NASDAQ:DTI): Profit margin
2021 77.37M 2.10M 2.72%
2022 129.55M 21.08M 16.27%
2023 152.03M 14.74M 9.7%

DTI Income Statement (2021 – 2023)

2023 2022 2021
Revenue
Revenue
152.03M129.55M77.37M
Cost of revenue
55.87M33.00M23.62M
Gross profit
96.16M96.55M53.75M
Operating exp.
Research and development
000
Selling and marketing
000
Total operating expenses
68.26M71.27M60.02M
Operating income
27.89M25.27M-6.27M
Other income (expenses), net
-8.10M-23K9.39M
Income before tax
19.79M24.77M1.89M
Income tax expense
5.04M3.69M-209K
Net income
14.74M21.08M2.10M
Earnings per share
Basic EPS
0.690.03-0.00
Diluted EPS
0.590.03-0.00