Welcome to our dedicated page for Cactus news (Ticker: WHD), a resource for investors and traders seeking the latest updates and insights on Cactus stock.
Cactus, Inc. provides recurring updates on its pressure control equipment, spoolable pipe technologies and field services for oil and gas wells. The company designs, manufactures, sells and rents wellheads, production valves, pressure control equipment and related rental items used in drilling, completion and production, with service centers in North America and Australia and activity in select international markets.
Company news commonly covers quarterly operating results, customer activity, margins, dividends on Class A common stock, corresponding CC Unit distributions, and corporate governance matters. Updates also address material agreements and expansion of the surface pressure control business, including disclosures tied to Cactus International and the company's Pressure Control and Spoolable Technologies segments.
Cactus (NYSE: WHD) reported second quarter 2026 revenue of $449.5 million, up from $388.3 million in Q1 and $273.6 million a year ago. Operating income was $83.6 million, net income $61.4 million and diluted EPS $0.70. Adjusted net income was $75.1 million (EPS as adjusted $0.93), with adjusted EBITDA of $132.8 million and a 29.5% margin.
Pressure Control revenue reached $344.0 million, driven by Middle East strength, while Spoolable Technologies revenue was $105.5 million, supported by higher domestic activity. Cash and cash equivalents totaled $365.8 million with no bank debt, and backlog stood at $455.8 million. The Board approved a 7% dividend increase to $0.15 per Class A share, payable September 11, 2026. Management expects third quarter consolidated revenue to be slightly lower sequentially, with a projected 10% decline in Pressure Control revenue and 15%–20% growth in Spoolable Technologies.
Cactus (NYSE: WHD) announced the timing of its second quarter 2026 earnings release and related conference call. The company plans to publish its Q2 2026 earnings after market close on Wednesday, July 29, 2026.
Cactus will then host a conference call to discuss its financial and operational results on Thursday, July 30, 2026 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The call will be available via webcast on the company’s website at www.CactusWHD.com, with an archived version accessible shortly after the call concludes.
Summary not available.
Cactus (NYSE: WHD) reported Q1 2026 results including revenue $388.3M, net income $40.2M, and adjusted EBITDA $100.1M (25.8% margin). Cash and equivalents totaled $291.6M with no bank debt; operating cash flow was $128.3M. The company closed the majority acquisition of Baker Hughes' Surface Pressure Control business on Jan 1, 2026, and backlog ended at $537.5M. Management flagged purchase-price accounting adjustments of $19.0M that reduced operating margins and expects Q2 Pressure Control revenue approximately flat amid Middle East disruptions.
Cactus (NYSE: WHD) will release first quarter 2026 earnings after market close on Wednesday, May 6, 2026 and will host a conference call on Thursday, May 7, 2026 at 9:00 a.m. CT (10:00 a.m. ET).
The call will be webcast at www.CactusWHD.com; access the webcast at least 10 minutes early. An archived recording will be available on the company website shortly after the call ends.
Cactus (NYSE: WHD) reported Q4 2025 revenue of $261.2M, operating income of $59.9M, net income of $48.3M, and adjusted EBITDA of $85.5M (32.7% margin). The company closed acquisition of a majority interest in Baker Hughes' Surface Pressure Control business on Jan 1, 2026. Cash and cash equivalents were $494.6M (including $371.0M restricted); no bank debt. Board approved a $0.14 quarterly Class A dividend payable Mar 19, 2026.
Cactus (NYSE: WHD) will release fourth quarter and full year 2025 results after market close on February 25, 2026 and host a conference call on February 26, 2026 at 9:00 a.m. CT. The call will be webcast and archived on the company website.
The Board approved a quarterly cash dividend of $0.14 per Class A share, payable March 19, 2026 to holders of record as of March 2, 2026; a distribution of up to $0.14 per CC Unit for CC Unit holders was also approved.
Cactus (NYSE: WHD) completed the acquisition of a 65% controlling interest in Baker Hughes’s Surface Pressure Control business on January 2, 2026. Formal financial guidance for the acquired Business will be provided later in the first quarter of 2026.
Management said the transaction diversifies Cactus’s geographic footprint, provides access to new growth markets, and will be operated with a focus on safety, customer execution, margins, and returns to deliver long-term value to shareholders.
Cactus (NYSE: WHD) reported third quarter 2025 results with $263.95M revenue, $61.2M operating income, and $50.2M net income (diluted EPS $0.60).
Non-GAAP results included Adjusted net income $53.7M (adjusted EPS $0.67) and Adjusted EBITDA $86.9M (margin 32.9%). Cash from operations was $61.8M, cash and equivalents $445.6M, no bank debt, and $223.2M revolver availability as of September 30, 2025. The Board declared a $0.14 quarterly cash dividend per Class A share payable December 18, 2025.
Segment notes: Pressure Control saw sequential revenue declines but margin improvement from cost actions; Spoolable Technologies had higher international sales but lower margins. Integration planning for a planned acquisition of a 65% interest in Baker Hughes' Surface Pressure Control business is progressing, with closing now expected in early 2026. Full-year 2025 net capex remains expected at $40–$45M.
Cactus (NYSE: WHD) will release its third quarter 2025 earnings after market close on Wednesday, October 29, 2025. The company will hold a conference call to discuss financial and operational results on Thursday, October 30, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
The call will be webcast at www.CactusWHD.com; listeners are advised to access the webcast at least 10 minutes early. An archived recording will be available on the company website shortly after the call ends.