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Cactus, Inc.

EDGAR

WHD Quarterly report (10-Q) · filed 2026-10-30

Annual consolidated revenue for 2025: about USD 1.079B, using the latest reported figures. The previous period, 2024, was about USD 1.13B.

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Watchlist

Latest quarter

Revenue

431 million USD

2026 Q3 · USD

Exact inputs and evidence

Revenue: 430888000 USD Source

Operating margin

21.83%

2026 Q3 · %

Exact inputs and evidence

Operating Income: 94048000 USD Source
Revenue: 430888000 USD Source

Operating cash flow

18.4 million USD

2026 Q3 · USD

Exact inputs and evidence

Operating Cash Flow: 251255000 USD Source
Operating Cash Flow: 232835000 USD Source

Cash and cash equivalents: 354 million USD 2026-09-30 Source
Exact value

354221000 USD
Long-term debt including current maturities: 0 USD 2026-09-30 Source
Exact value

0 USD
Shares outstanding: 74.9 million Unit1 2018-12-31 Source
Exact value

74889772 Unit1

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-30.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 8 of 11 periods available· newest 2025-12-31
Operating income: 8 of 11 periods available· newest 2025-12-31
Net income: 8 of 11 periods available· newest 2025-12-31
Operating cash flow: 8 of 11 periods available· newest 2025-12-31
capital expenditure: No compatible figures in this window
Total assets: 7 of 11 periods available· newest 2025-12-31
Total liabilities: 7 of 11 periods available· newest 2025-12-31
Current assets: 7 of 11 periods available· newest 2025-12-31
Current liabilities: 7 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 7 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: 7 of 11 periods available· newest 2025-12-31
Shares outstanding: 1 of 11 periods available· newest 2018-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-4.5%

Prior period

USD 1.13 billion

2024-01-01 – 2024-12-31
Current period

USD 1.08 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

1079051000 − 1129814000 = -50763000 USD

1129814000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
1079051000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · Cactus, Inc. · 2025-12-31 Cactus, Inc. (edgar:1699136) Year-over-year change in Revenue: -50763000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 1079051000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#1571805 Filing: 000162828026012377 Input fundies:Revenue: 1129814000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#1612137 Filing: 000162828026012377
The citation records this snapshot. The page link may show a newer release later.
Net income
-10.5%

Prior period

USD 185.41 million

2024-01-01 – 2024-12-31
Current period

USD 166.01 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

166014000 − 185407000 = -19393000 USD

185407000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
166014000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · Cactus, Inc. · 2025-12-31 Cactus, Inc. (edgar:1699136) Year-over-year change in Net income: -19393000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 166014000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#1728394 Filing: 000162828026012377 Input fundies:NetIncome: 185407000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#1729164 Filing: 000162828026012377
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-18.3%

Prior period

USD 316.11 million

2024-01-01 – 2024-12-31
Current period

USD 258.42 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

258417000 − 316113000 = -57696000 USD

316113000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
258417000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · Cactus, Inc. · 2025-12-31 Cactus, Inc. (edgar:1699136) Year-over-year change in Operating cash flow: -57696000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 258417000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#986681 Filing: 000162828026012377 Input fundies:OperatingCashFlow: 316113000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#987329 Filing: 000162828026012377
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 1.08 billion 100% of revenue
Operating costs Derived USD 828.55 million 77% of revenue
Operating income USD 250.5 million 23% of revenue
Tax, interest and other Derived USD 84.49 million 7.8% of revenue
Net income USD 166.01 million 15% of revenue

Cash

Operating cash flow USD 258.42 million 24% of revenue
Capital expenditure Unavailable An input is unavailable.
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2018 9.5%23%67%
2019 14%16%71%
2020 9.9%10%80%
2021 11%83%
2022 16%9.4%75%
2023 15%76%
2024 16%9.2%74%
2025 15%77%

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2018 2018-01-01 – 2018-12-31	544135000	366434000 Derived	177701000	126018000 Derived	51683000	Unavailable	Source 2018-01-01 – 2018-12-31: 544135000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: 177701000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: 51683000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: 167180000 USD Inspect Operating Cash Flow Open source
2019 2019-01-01 – 2019-12-31	628414000	445264000 Derived	183150000	97538000 Derived	85612000	Unavailable	Source 2019-01-01 – 2019-12-31: 628414000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: 183150000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: 85612000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: 209632000 USD Inspect Operating Cash Flow Open source
2020 2020-01-01 – 2020-12-31	348566000	278527000 Derived	70039000	35593000 Derived	34446000	Unavailable	Source 2020-01-01 – 2020-12-31: 348566000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: 70039000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: 34446000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: 143380000 USD Inspect Operating Cash Flow Open source
2021 2021-01-01 – 2021-12-31	438589000	363162000 Derived	75427000	25834000 Derived	49593000	Unavailable	Source 2021-01-01 – 2021-12-31: 438589000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: 75427000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: 49593000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: 63759000 USD Inspect Operating Cash Flow Open source
2022 2022-01-01 – 2022-12-31	688369000	513621000 Derived	174748000	64574000 Derived	110174000	Unavailable	Source 2022-01-01 – 2022-12-31: 688369000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: 174748000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: 110174000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: 117884000 USD Inspect Operating Cash Flow Open source
2023 2023-01-01 – 2023-12-31	1096960000	832594000 Derived	264366000	95195000 Derived	169171000	Unavailable	Source 2023-01-01 – 2023-12-31: 1096960000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: 264366000 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: 169171000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: 340280000 USD Inspect Operating Cash Flow Open source
2024 2024-01-01 – 2024-12-31	1129814000	840201000 Derived	289613000	104206000 Derived	185407000	Unavailable	Source 2024-01-01 – 2024-12-31: 1129814000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: 289613000 USD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: 185407000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: 316113000 USD Inspect Operating Cash Flow Open source
2025 2025-01-01 – 2025-12-31	1079051000	828550000 Derived	250501000	84487000 Derived	166014000	Unavailable	Source 2025-01-01 – 2025-12-31: 1079051000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: 250501000 USD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: 166014000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: 258417000 USD Inspect Operating Cash Flow Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1.1B 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Revenue	544135000	Revenue: 544135000 Open source
20192019-12-31	Revenue	628414000	Revenue: 628414000 Open source
20202020-12-31	Revenue	348566000	Revenue: 348566000 Open source
20212021-12-31	Revenue	438589000	Revenue: 438589000 Open source
20222022-12-31	Revenue	688369000	Revenue: 688369000 Open source
20232023-12-31	Revenue	1096960000	Revenue: 1096960000 Open source
20242024-12-31	Revenue	1129814000	Revenue: 1129814000 Open source
20252025-12-31	Revenue	1079051000	Revenue: 1079051000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-4.5% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Year over year	No prior comparable period	Revenue: 544135000 Open source
20192019-12-31	Year over year	15.5%	Revenue: 628414000 Open source Revenue: 544135000 Open source
20202020-12-31	Year over year	-44.5%	Revenue: 348566000 Open source Revenue: 628414000 Open source
20212021-12-31	Year over year	25.8%	Revenue: 438589000 Open source Revenue: 348566000 Open source
20222022-12-31	Year over year	57%	Revenue: 688369000 Open source Revenue: 438589000 Open source
20232023-12-31	Year over year	59.4%	Revenue: 1096960000 Open source Revenue: 688369000 Open source
20242024-12-31	Year over year	3%	Revenue: 1129814000 Open source Revenue: 1096960000 Open source
20252025-12-31	Year over year	-4.5%	Revenue: 1079051000 Open source Revenue: 1129814000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 23.2% 2025

Net margin 15.4% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Operating margin	32.7%	Operating Income: 177701000 Open source Revenue: 544135000 Open source
20192019-12-31	Operating margin	29.1%	Operating Income: 183150000 Open source Revenue: 628414000 Open source
20202020-12-31	Operating margin	20.1%	Operating Income: 70039000 Open source Revenue: 348566000 Open source
20212021-12-31	Operating margin	17.2%	Operating Income: 75427000 Open source Revenue: 438589000 Open source
20222022-12-31	Operating margin	25.4%	Operating Income: 174748000 Open source Revenue: 688369000 Open source
20232023-12-31	Operating margin	24.1%	Operating Income: 264366000 Open source Revenue: 1096960000 Open source
20242024-12-31	Operating margin	25.6%	Operating Income: 289613000 Open source Revenue: 1129814000 Open source
20252025-12-31	Operating margin	23.2%	Operating Income: 250501000 Open source Revenue: 1079051000 Open source
20182018-12-31	Net margin	9.5%	Net Income: 51683000 Open source Revenue: 544135000 Open source
20192019-12-31	Net margin	13.6%	Net Income: 85612000 Open source Revenue: 628414000 Open source
20202020-12-31	Net margin	9.9%	Net Income: 34446000 Open source Revenue: 348566000 Open source
20212021-12-31	Net margin	11.3%	Net Income: 49593000 Open source Revenue: 438589000 Open source
20222022-12-31	Net margin	16%	Net Income: 110174000 Open source Revenue: 688369000 Open source
20232023-12-31	Net margin	15.4%	Net Income: 169171000 Open source Revenue: 1096960000 Open source
20242024-12-31	Net margin	16.4%	Net Income: 185407000 Open source Revenue: 1129814000 Open source
20252025-12-31	Net margin	15.4%	Net Income: 166014000 Open source Revenue: 1079051000 Open source
20182018-12-31	Free cash flow margin	Not reported	Revenue: 544135000 Open source Operating Cash Flow: 167180000 Open source
20192019-12-31	Free cash flow margin	Not reported	Revenue: 628414000 Open source Operating Cash Flow: 209632000 Open source
20202020-12-31	Free cash flow margin	Not reported	Revenue: 348566000 Open source Operating Cash Flow: 143380000 Open source
20212021-12-31	Free cash flow margin	Not reported	Revenue: 438589000 Open source Operating Cash Flow: 63759000 Open source
20222022-12-31	Free cash flow margin	Not reported	Revenue: 688369000 Open source Operating Cash Flow: 117884000 Open source
20232023-12-31	Free cash flow margin	Not reported	Revenue: 1096960000 Open source Operating Cash Flow: 340280000 Open source
20242024-12-31	Free cash flow margin	Not reported	Revenue: 1129814000 Open source Operating Cash Flow: 316113000 Open source
20252025-12-31	Free cash flow margin	Not reported	Revenue: 1079051000 Open source Operating Cash Flow: 258417000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 258.4M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Operating cash flow	167180000	Operating Cash Flow: 167180000 Open source
20192019-12-31	Operating cash flow	209632000	Operating Cash Flow: 209632000 Open source
20202020-12-31	Operating cash flow	143380000	Operating Cash Flow: 143380000 Open source
20212021-12-31	Operating cash flow	63759000	Operating Cash Flow: 63759000 Open source
20222022-12-31	Operating cash flow	117884000	Operating Cash Flow: 117884000 Open source
20232023-12-31	Operating cash flow	340280000	Operating Cash Flow: 340280000 Open source
20242024-12-31	Operating cash flow	316113000	Operating Cash Flow: 316113000 Open source
20252025-12-31	Operating cash flow	258417000	Operating Cash Flow: 258417000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Free cash flow	Unavailable	Operating Cash Flow: 167180000 Open source
20192019-12-31	Free cash flow	Unavailable	Operating Cash Flow: 209632000 Open source
20202020-12-31	Free cash flow	Unavailable	Operating Cash Flow: 143380000 Open source
20212021-12-31	Free cash flow	Unavailable	Operating Cash Flow: 63759000 Open source
20222022-12-31	Free cash flow	Unavailable	Operating Cash Flow: 117884000 Open source
20232023-12-31	Free cash flow	Unavailable	Operating Cash Flow: 340280000 Open source
20242024-12-31	Free cash flow	Unavailable	Operating Cash Flow: 316113000 Open source
20252025-12-31	Free cash flow	Unavailable	Operating Cash Flow: 258417000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

23.4% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2018-12-31	Liabilities / assets	Not reported	No source recorded
20192019-12-31	Liabilities / assets	38.2%	Total Liabilities: 318569000 Open source Total Assets: 834964000 Open source
20202020-12-31	Liabilities / assets	32.5%	Total Liabilities: 264824000 Open source Total Assets: 815594000 Open source
20212021-12-31	Liabilities / assets	39.4%	Total Liabilities: 387045000 Open source Total Assets: 982078000 Open source
20222022-12-31	Liabilities / assets	36.5%	Total Liabilities: 408451000 Open source Total Assets: 1118896000 Open source
20232023-12-31	Liabilities / assets	30.1%	Total Liabilities: 457791000 Open source Total Assets: 1522561000 Open source
20242024-12-31	Liabilities / assets	27.3%	Total Liabilities: 475149000 Open source Total Assets: 1739328000 Open source
20252025-12-31	Liabilities / assets	23.4%	Total Liabilities: 438569000 Open source Total Assets: 1871617000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

5.81× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2018-12-31	Current assets / current liabilities	Not reported	No source recorded
20192019-12-31	Current assets / current liabilities	4.55×	Current Assets: 414883000 Open source Current Liabilities: 91126000 Open source
20202020-12-31	Current assets / current liabilities	8.69×	Current Assets: 425142000 Open source Current Liabilities: 48915000 Open source
20212021-12-31	Current assets / current liabilities	5.6×	Current Assets: 518485000 Open source Current Liabilities: 92574000 Open source
20222022-12-31	Current assets / current liabilities	5.61×	Current Assets: 654642000 Open source Current Liabilities: 116649000 Open source
20232023-12-31	Current assets / current liabilities	3.17×	Current Assets: 556178000 Open source Current Liabilities: 175660000 Open source
20242024-12-31	Current assets / current liabilities	4.33×	Current Assets: 774688000 Open source Current Liabilities: 178824000 Open source
20252025-12-31	Current assets / current liabilities	5.81×	Current Assets: 954919000 Open source Current Liabilities: 164241000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2018 2018-01-01 – 2018-12-31	USD 51.68 million Exact value Exact value: 51683000 USD 2018-01-01 – 2018-12-31: 51683000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Cactus, Inc. · 2018-12-31 Cactus, Inc. (edgar:1699136) Net Income: 51683000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: 51683000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000169913621000033/whd-20201231.htm#1700859 Filing: 000169913621000033 The citation records this snapshot. The page link may show a newer release later.	USD 167.18 million Exact value Exact value: 167180000 USD 2018-01-01 – 2018-12-31: 167180000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Cactus, Inc. · 2018-12-31 Cactus, Inc. (edgar:1699136) Operating Cash Flow: 167180000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 167180000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000169913621000033/whd-20201231.htm#1028180 Filing: 000169913621000033 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2019 2019-01-01 – 2019-12-31	USD 85.61 million Exact value Exact value: 85612000 USD 2019-01-01 – 2019-12-31: 85612000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Cactus, Inc. · 2019-12-31 Cactus, Inc. (edgar:1699136) Net Income: 85612000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: 85612000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000169913622000011/whd-20211231.htm#1699923 Filing: 000169913622000011 The citation records this snapshot. The page link may show a newer release later.	USD 209.63 million Exact value Exact value: 209632000 USD 2019-01-01 – 2019-12-31: 209632000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Cactus, Inc. · 2019-12-31 Cactus, Inc. (edgar:1699136) Operating Cash Flow: 209632000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 209632000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000169913622000011/whd-20211231.htm#1022584 Filing: 000169913622000011 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2020 2020-01-01 – 2020-12-31	USD 34.45 million Exact value Exact value: 34446000 USD 2020-01-01 – 2020-12-31: 34446000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Cactus, Inc. · 2020-12-31 Cactus, Inc. (edgar:1699136) Net Income: 34446000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: 34446000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000169913623000017/whd-20221231.htm#1700878 Filing: 000169913623000017 The citation records this snapshot. The page link may show a newer release later.	USD 143.38 million Exact value Exact value: 143380000 USD 2020-01-01 – 2020-12-31: 143380000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Cactus, Inc. · 2020-12-31 Cactus, Inc. (edgar:1699136) Operating Cash Flow: 143380000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 143380000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000169913623000017/whd-20221231.htm#1018658 Filing: 000169913623000017 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2021 2021-01-01 – 2021-12-31	USD 49.59 million Exact value Exact value: 49593000 USD 2021-01-01 – 2021-12-31: 49593000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Cactus, Inc. · 2021-12-31 Cactus, Inc. (edgar:1699136) Net Income: 49593000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: 49593000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000169913624000007/whd-20231231.htm#1664458 Filing: 000169913624000007 The citation records this snapshot. The page link may show a newer release later.	USD 63.76 million Exact value Exact value: 63759000 USD 2021-01-01 – 2021-12-31: 63759000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Cactus, Inc. · 2021-12-31 Cactus, Inc. (edgar:1699136) Operating Cash Flow: 63759000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 63759000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000169913624000007/whd-20231231.htm#994718 Filing: 000169913624000007 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2022 2022-01-01 – 2022-12-31	USD 110.17 million Exact value Exact value: 110174000 USD 2022-01-01 – 2022-12-31: 110174000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Cactus, Inc. · 2022-12-31 Cactus, Inc. (edgar:1699136) Net Income: 110174000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: 110174000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000169913625000014/whd-20241231.htm#1737706 Filing: 000169913625000014 The citation records this snapshot. The page link may show a newer release later.	USD 117.88 million Exact value Exact value: 117884000 USD 2022-01-01 – 2022-12-31: 117884000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Cactus, Inc. · 2022-12-31 Cactus, Inc. (edgar:1699136) Operating Cash Flow: 117884000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 117884000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000169913625000014/whd-20241231.htm#992661 Filing: 000169913625000014 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2023 2023-01-01 – 2023-12-31	USD 169.17 million Exact value Exact value: 169171000 USD 2023-01-01 – 2023-12-31: 169171000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Cactus, Inc. · 2023-12-31 Cactus, Inc. (edgar:1699136) Net Income: 169171000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: 169171000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#1729935 Filing: 000162828026012377 The citation records this snapshot. The page link may show a newer release later.	USD 340.28 million Exact value Exact value: 340280000 USD 2023-01-01 – 2023-12-31: 340280000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Cactus, Inc. · 2023-12-31 Cactus, Inc. (edgar:1699136) Operating Cash Flow: 340280000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 340280000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#987978 Filing: 000162828026012377 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2024 2024-01-01 – 2024-12-31	USD 185.41 million Exact value Exact value: 185407000 USD 2024-01-01 – 2024-12-31: 185407000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Cactus, Inc. · 2024-12-31 Cactus, Inc. (edgar:1699136) Net Income: 185407000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: 185407000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#1729164 Filing: 000162828026012377 The citation records this snapshot. The page link may show a newer release later.	USD 316.11 million Exact value Exact value: 316113000 USD 2024-01-01 – 2024-12-31: 316113000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Cactus, Inc. · 2024-12-31 Cactus, Inc. (edgar:1699136) Operating Cash Flow: 316113000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 316113000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#987329 Filing: 000162828026012377 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2025 2025-01-01 – 2025-12-31	USD 166.01 million Exact value Exact value: 166014000 USD 2025-01-01 – 2025-12-31: 166014000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Cactus, Inc. · 2025-12-31 Cactus, Inc. (edgar:1699136) Net Income: 166014000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: 166014000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#1728394 Filing: 000162828026012377 The citation records this snapshot. The page link may show a newer release later.	USD 258.42 million Exact value Exact value: 258417000 USD 2025-01-01 – 2025-12-31: 258417000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Cactus, Inc. · 2025-12-31 Cactus, Inc. (edgar:1699136) Operating Cash Flow: 258417000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1699136/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 258417000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1699136/000162828026012377/whd-20251231.htm#986681 Filing: 000162828026012377 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

43 filings · 3,610 latest values · 3,610 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001699136, 1699136, WHD, edgar:1699136

Also known as Cactus, Inc., Cactus, Inc.

Cactus, Inc.

Latest quarter

Revenue

Operating margin

Operating cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation