DRQ · Dril-Quip Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $239.03M | - | $240.00M | $224.23M | $128.00M | - | $151.82M | $120.34M | $110.30M | - |
| Cost of Revenue | $154.52M | - | $164.06M | $152.51M | $163.91M | - | $99.14M | $83.23M | $78.42M | - |
| Gross Profit | $84.51M | - | $75.94M | $71.72M | ($35.91M) | - | $52.68M | $37.11M | $31.88M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $41.75M | - | $35.57M | $28.84M | $32.35M | - | $37.98M | $29.77M | $29.99M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | $125.01M | $129.10M | - |
| D&A | $16.22M | - | $15.36M | $14.97M | $14.95M | - | $7.79M | $8.01M | $8.43M | - |
| Operating Income | ($21.83M) | - | $62.28M | $22.70M | $21.85M | - | ($13.22M) | ($4.67M) | ($18.80M) | - |
| Interest Expense | ($388.0K) | - | $677.0K | $607.0K | $719.0K | - | $1.52M | - | - | - |
| Income Tax | ($4.92M) | - | $18.73M | $6.89M | $6.61M | - | ($2.59M) | ($801.0K) | $3.38M | - |
| Net Income | ($16.67M) | - | $39.23M | $15.35M | $14.76M | - | $82.59M | ($1.81M) | ($19.98M) | - |
| EPS - Basic | ($0.24) | - | $0.57 | $0.22 | $0.21 | - | $2.03 | ($0.05) | ($0.58) | - |
| EPS - Diluted | ($0.24) | - | $0.57 | $0.22 | $0.21 | - | $1.99 | ($0.05) | ($0.58) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $200.71M | $203.41M | $163.37M | $68.78M | $68.12M | $73.28M | $99.89M | $185.63M | $198.20M | $187.32M |
| Accounts Receivable | $245.63M | $237.77M | $220.41M | $220.97M | $236.02M | $239.51M | $225.07M | $154.18M | $137.13M | $135.57M |
| Inventory | $252.99M | $248.43M | $275.20M | $278.50M | $269.25M | $271.17M | $297.52M | $204.73M | $209.16M | $194.59M |
| Accounts Payable | $74.89M | $60.71M | $66.63M | $65.32M | $76.39M | $65.20M | $83.61M | $60.83M | $62.91M | $65.70M |
| Current Assets | $752.89M | $728.05M | $710.35M | $670.11M | $632.64M | $641.39M | $677.33M | $707.55M | $715.14M | $719.72M |
| Total Assets | $1.29B | $1.27B | $1.25B | $1.23B | $1.20B | $1.20B | $1.13B | $1.01B | $1.02B | $1.03B |
| Current Liabilities | $147.76M | $148.16M | $148.71M | $145.75M | $145.82M | $162.66M | $174.81M | $126.43M | $133.56M | $117.70M |
| Long-term Debt | - | - | - | - | - | $25.43M | - | - | - | - |
| Total Liabilities | $256.77M | $210.61M | $214.96M | $231.53M | $217.63M | $239.33M | $228.43M | $155.63M | $163.66M | $146.92M |
| Stockholders' Equity | $1.03B | $1.06B | $1.04B | $995.55M | $978.38M | $958.16M | $904.35M | $852.52M | $857.36M | $881.26M |
| Retained Earnings | $254.48M | $285.27M | $271.31M | $232.08M | $225.38M | $211.25M | $179.46M | $928.98M | $930.79M | $950.72M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $19.84M | - | - | - | $31.09M | - | - | - | ($4.10M) | - |
| Investing Cash Flow | ($5.63M) | - | - | - | ($23.47M) | - | - | - | $17.51M | - |
| Financing Cash Flow | ($16.91M) | - | - | - | ($13.40M) | - | - | - | ($297.0K) | - |
| CapEx | - | - | - | - | - | - | - | - | $4.76M | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | ($8.86M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 35.4% | - | 31.6% | 32.0% | -28.1% | - | 34.7% | 30.8% | 28.9% | - |
| Operating margin | -9.1% | - | 26.0% | 10.1% | 17.1% | - | -8.7% | -3.9% | -17.0% | - |
| EBITDA margin | -2.3% | - | 32.4% | 16.8% | 28.7% | - | -3.6% | 2.8% | -9.4% | - |
| Net margin | -7.0% | - | 16.3% | 6.8% | 11.5% | - | 54.4% | -1.5% | -18.1% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | -8.0% | - |
| FCF / Net income | - | - | - | - | - | - | - | - | 0.44 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 17.5% | - | 14.8% | 12.9% | 25.3% | - | 25.0% | 24.7% | 27.2% | - |
| Effective tax rate | - | - | 32.3% | 31.0% | 30.9% | - | -3.2% | - | - | - |
| Return on assets | -1.3% | - | 3.1% | 1.3% | 1.2% | - | 7.3% | -0.2% | -2.0% | - |
| Return on equity | -1.6% | - | 3.8% | 1.5% | 1.5% | - | 9.1% | -0.2% | -2.3% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 5.10 | 4.91 | 4.78 | 4.60 | 4.34 | 3.94 | 3.87 | 5.60 | 5.35 | 6.11 |
| Quick ratio | 3.38 | 3.24 | 2.93 | 2.69 | 2.49 | 2.28 | 2.17 | 3.98 | 3.79 | 4.46 |
| Cash ratio | 1.36 | 1.37 | 1.10 | 0.47 | 0.47 | 0.45 | 0.57 | 1.47 | 1.48 | 1.59 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | 0.03 | - | - | - | - |
| Debt / Assets | - | - | - | - | - | 0.02 | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 56.3x | - | 92.0x | 37.4x | 30.4x | - | -8.7x | - | - | - |
| Equity multiplier | 1.25 | 1.20 | 1.21 | 1.23 | 1.22 | 1.25 | 1.25 | 1.18 | 1.19 | 1.17 |
| Liabilities / Assets | 0.20 | 0.17 | 0.17 | 0.19 | 0.18 | 0.20 | 0.20 | 0.15 | 0.16 | 0.14 |
| Efficiency | ||||||||||
| Asset turnover | 0.19 | - | 0.19 | 0.18 | 0.11 | - | 0.13 | 0.12 | 0.11 | - |
| Inventory turnover | 0.61 | - | 0.60 | 0.55 | 0.61 | - | 0.33 | 0.41 | 0.37 | - |
| Days sales outstanding | 375d | - | 335d | 360d | 673d | - | 541d | 468d | 454d | - |
| Days inventory outstanding | 598d | - | 612d | 666d | 600d | - | 1095d | 898d | 974d | - |
| Days payable outstanding | 177d | - | 148d | 156d | 170d | - | 308d | 267d | 293d | - |
| Cash conversion cycle | 796d | - | 799d | 870d | 1103d | - | 1329d | 1099d | 1135d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 86.7% | - | 58.1% | 86.3% | 16.0% | - | 29.5% | 34.3% | 21.4% | - |
| Revenue CAGR (3y) | 38.0% | - | 39.6% | 33.6% | 15.5% | - | 22.3% | 14.2% | 10.7% | - |
| Revenue CAGR (5y) | 24.1% | - | 21.3% | 19.9% | 5.9% | - | 7.0% | 3.0% | 3.2% | - |
| Gross profit growth (YoY) | - | - | 44.2% | 93.2% | - | - | 66.5% | 55.3% | 25.7% | - |
| Operating income growth (YoY) | - | - | - | - | - | - | -117.7% | - | - | - |
| Net income growth (YoY) | - | - | -52.5% | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | -71.4% | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | 9.0% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | 6.8% | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | 84.8% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 5.4% | 10.4% | 14.9% | 16.8% | 14.1% | 8.7% | 3.9% | -3.1% | -2.6% | 0.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$978.25M totalProduct$685.29M · 70.1%
Leasing$166.69M · 17.0%
Service$126.26M · 12.9%
Geographic
$1.96B totalUSAnd Canadian Markets NAM$511.16M · 26.1%
International And Offshore$467.10M · 23.9%
US$428.38M · 21.9%
United States Offshore$112.30M · 5.7%
Other MEAP$102.73M · 5.3%
CA$86.99M · 4.4%
East And Central Africa$81.58M · 4.2%
SA$69.57M · 3.6%
BR$39.74M · 2.0%
MX$38.03M · 1.9%
AR$9.52M · 0.5%
Latin America$9.42M · 0.5%
Peer comparison
Same SIC group: Oil & Gas Field Machinery & Equipment
Comparing DRIL-QUIP INC against the 5 most active filers in the same SIC group.