Oct 28, 5:30 PM ET
Cactus, Inc. (NYSE: WHD) reported third quarter 2026 revenue of $430.9 million, down from $449.5 million in the second quarter but up from $264.0 million a year earlier. Net income rose to $74.1 million and diluted earnings per Class A share were $0.87, compared with $0.60 a year earlier, and the company expects fourth quarter consolidated revenue to modestly increase.
- Q3 2026 revenue $430.9 million vs. $449.5 million in Q2 2026 and $264.0 million in Q3 2025
- Net income $74.1 million; diluted EPS $0.87; adjusted diluted EPS $0.96 vs. $0.93 in Q2 2026
- Cash of $354.2 million and no bank debt as of September 30, 2026; quarterly dividend of $0.15 per Class A share payable December 17, 2026
- Board approved a Middle East Spoolable Technologies manufacturing facility, expected to commence operations in 2029
Read the filing on SEC.gov ↗
Jul 29, 5:10 PM ET
Cactus, Inc. reported second-quarter 2026 results on July 29, 2026, with revenue of $449.5 million and net income of $61.4 million, both up from a year earlier. The company expects third-quarter consolidated revenue to be down slightly from the second quarter, and its board raised the quarterly dividend 7% to $0.15 per Class A share.
- Revenue was $449.5 million, up from $273.6 million a year earlier and $388.3 million in the first quarter of 2026.
- Net income was $61.4 million, or $0.70 per diluted Class A share, versus $49.0 million, or $0.59, a year earlier.
- Third-quarter outlook: consolidated revenue down slightly sequentially; Pressure Control revenue down 10%; Spoolable Technologies activity up 15% to 20%.
- Quarterly dividend raised 7% to $0.15 per Class A share, payable September 11, 2026 to holders of record on August 31, 2026.
Read the filing on SEC.gov ↗
Jun 2, 5:15 PM ET
Cactus Companies, LLC, a subsidiary of Cactus, Inc., signed a fourth amendment on May 29, 2026 to its ABL credit agreement with JPMorgan Chase Bank, N.A. as administrative agent. The amendment extends the lenders' commitments to fund the delayed draw term loan from June 1, 2026 to December 31, 2026, and the loan was undrawn when the amendment was signed. The company also filed a June 2026 investor presentation with updated second-quarter outlook for both segments.
- Amendment dated May 29, 2026 extends term loan funding commitments from June 1, 2026 to December 31, 2026
- Term Loan Facility was undrawn at the amendment date; any amounts drawn will mature three years after the first funding
- JPMorgan Chase Bank, N.A. is administrative agent, issuing bank and swingline lender under the facility
- Exhibit 99.1 June 2026 investor presentation updates prior Q2 2026 guidance for Pressure Control and Spoolable Technologies
Read the filing on SEC.gov ↗
May 12, 5:25 PM ET
Cactus appointed Steven Bender, its Chief Operating Officer, as Chief Executive Officer of the Spoolable Technologies Segment, replacing Stephen Tadlock in that role effective May 12, 2026. At the same annual meeting, stockholders elected Tana Utley to the board and reduced the board to eight members, including six independent directors.
- Steven Bender named CEO of the Spoolable Technologies Segment effective May 12, 2026, while remaining COO
- Stephen Tadlock continues as Executive Vice President and CEO of Cactus International
- Tana Utley elected to the board; directors Bruce Rothstein and Melissa Law did not stand for reelection
- Stockholders approved PricewaterhouseCoopers LLP as auditor for fiscal 2026 with 75,549,462 votes for and 330,570 against
Read the filing on SEC.gov ↗
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