EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Summary of Computation of The Company's Basic and Diluted Net Earnings Per Share

The following table sets forth the computation of the Company’s basic and diluted net earnings per share for the three months ended March 31, 2026 and 2025 (in thousands except share and per share data):


		Three months ended March 31,
		2026				2025
Numerator:
Net income (loss) attributable to Drilling Tools International stockholders		$	(1,540	)		$	(1,669	)
Denominator
Weighted-average common shares used in computing earnings per share — basic			35,116,094				35,592,737
Weighted-average effect of potentially dilutive securities:
Effect of potentially dilutive time-based stock options			—				—
Effect of potentially dilutive performance-based stock options			—				—
Effect of potentially dilutive restricted stock units			—				—
Weighted-average common shares outstanding — diluted			35,116,094				35,592,737
Earnings (loss) per share — basic		$	(0.04	)		$	(0.05	)
Earnings (loss) per share — diluted		$	(0.04	)		$	(0.05	)

Summary of Company's Potentially Dilutive Securities Excluded

As of March 31, 2026, the Company’s potentially dilutive securities consisted of options to purchase common stock and restricted stock units. Based on the amounts outstanding as of the three months ended March 31, 2026 and 2025, the Company excluded the following potential common shares from the computation of diluted net income per share because including them would have had an anti-dilutive effect:


		Three months ended March 31,
		2026				2025
Performance-based options outstanding			534,063				534,063
Time-based options outstanding			4,379,571				4,396,855
Time-based restricted stock units outstanding			1,113,616				—
Total			6,027,250				4,930,918