Every 10-Q that Cactus, Inc. (WHD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow WHD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WHD filings page.
Cactus Inc. reported higher results for Q2 2026 as it consolidated the Cactus International acquisition, with total revenue of $449.528 million versus $273.575 million a year earlier and operating income of $83.582 million.
For the first six months of 2026, revenue was $837.877 million and net income attributable to Cactus Inc. was $81.902 million. Accretion of redeemable non‑controlling interest of $81.507 million reduced six‑month basic earnings per share to $0.01 despite underlying profitability.
The Baker Hughes surface pressure control business, acquired for estimated consideration of $362.031 million, added $291.5 million of revenue and $0.5 million of net income through June 30 and created $84.222 million of goodwill and $241.121 million of mezzanine equity. Operating cash flow was $232.835 million, funding a $301.011 million business acquisition, while the company ended the quarter with $365.821 million of cash and no bank debt, and subsequently arranged a $75.0 million secured UAE credit facility.
Cactus, Inc. reported first‑quarter 2026 revenue of $388.3 million, up from $280.3 million a year earlier, driven mainly by the newly acquired Cactus International joint venture in the Pressure Control segment. Segment revenue reached $300.2 million in Pressure Control and $89.9 million in Spoolable Technologies.
Net income attributable to Cactus Inc. was $32.9 million, down from $44.2 million, but an $81.5 million non‑cash accretion on redeemable non‑controlling interest produced a net loss to common shareholders of $48.6 million, or $(0.70) per diluted share versus $0.64 last year. The Cactus International acquisition carried estimated consideration of $362.0 million and added $45.3 million of goodwill and $228.8 million of intangibles. Operating cash flow rose to $128.3 million, funding the acquisition and capital spending, as cash and equivalents ended at $291.6 million with no bank debt outstanding.
Cactus, Inc. (WHD) filed its Q3 2025 10‑Q, reporting lower activity and solid liquidity. Revenue was $263.954 million versus $293.181 million a year ago, with diluted EPS of $0.60 versus $0.74. Operating income was $61.234 million and net income was $50.188 million.
Segment performance mixed. Pressure Control revenue fell to $168.714 million and operating income was $44.523 million as customers reduced drilling and completion activity; cost controls supported margins. Spoolable Technologies revenue was $95.240 million with operating income of $25.806 million; volume softness and higher input costs pressured margins.
Balance sheet remains strong. Cash and cash equivalents were $445.614 million with no bank debt outstanding; available ABL capacity was $223.2 million. Year‑to‑date operating cash flow was $186.148 million. The company declared $0.40 per share of dividends year‑to‑date and has $146.3 million remaining under its share repurchase authorization. Cactus agreed to acquire 65% of Baker Hughes’ surface pressure control business for $344.5 million in cash, expected to close early 2026, and plans to fund with cash on hand and its undrawn facility.