FY2025 · ended Dec 31, 2025 · Revenue $1.08B, -4.5% YoY · Filed Feb 26, 2026
Cactus, Inc. (WHD) files with the SEC under industry code 3533, Oil & Gas Field Machinery & Equipment. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.1 billion and net income of $166.0 million. As of Sep 30, 2026 it held $354.2 million in cash and investments and $54.1 million in total debt.
Revenue (TTM)
$1.53B
+40.4% vs year-ago TTM
Net income (TTM)
$183.90M
+6.4% vs year-ago TTM
Operating cash flow (TTM)
$323.52M
+28.0% vs year-ago TTM
Free cash flow
—
EPS
$1.88
Dividend per share (TTM)
$0.57
+7.5% vs year-ago TTM
Shares outstanding
74.89M
Net cash
$300.12M
as of Sep 30, 2026
Operating margin
18.8%
FY 2026
Company profile
- Industry
- Oil & Gas Field Machinery & Equipment (SIC 3533)
- Listed as
- WHD (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1699136
Other Oil & Gas Field Machinery & Equipment companies
- Baker Hughes Co BKR
- TechnipFMC plc FTI
- Solaris Energy Infrastructure, Inc. SEI
- NOV Inc. NOV
- Weatherford International plc WFRD
- DNOW Inc. DNOW
- Flowco Holdings Inc. FLOC
- Innovex International, Inc. INVX
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | $688.4M | $438.6M |
| Operating income | $250.5M | $289.6M | $264.4M | $174.7M | $75.4M |
| Net income | $166.0M | $185.4M | $169.2M | $110.2M | $49.6M |
| Operating cash flow | $258.4M | $316.1M | $340.3M | $117.9M | $63.8M |
| Total assets | $1.9B | $1.7B | $1.5B | $1.1B | $982.1M |
| Total liabilities | $438.6M | $475.1M | $457.8M | $408.5M | $387.0M |
| Stockholders' equity | $1.2B | $1.1B | $865.5M | $571.9M | $468.6M |
| Cash and investments | $123.6M | $342.8M | $133.8M | $344.5M | $301.7M |
| Total debt | $37.7M | $41.7M | $40.0M | $35.5M | $33.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 30, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 28, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 8, 2026 | Sep 8, 2026 |
| 10-Q | Quarterly report | Jul 31, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 29, 2026 | Jul 29, 2026 |
| 8-K |
Current report
Material agreement, New debt, Regulation FD disclosure
|
Jun 2, 2026 | May 29, 2026 |
All 791 Cactus, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.