Flash FinanceUS
After hours S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Cactus (WHD)

Cactus Q3 2025 Revenue Falls to $264.0 Million From $293.2 Million a Year Earlier

Negative Impact 3 of 5 earnings Written later

Cactus reported third quarter 2025 revenue of $264.0 million, down from $293.2 million a year earlier, with net income of $50.2 million and diluted EPS of $0.60, compared with $62.4 million and $0.74 in the third quarter of 2024. Management expects Pressure Control revenue to be relatively flat in the fourth quarter and Spoolable Technologies to see a typical seasonal decline, and says the Baker Hughes Surface Pressure Control acquisition is now expected to close in early 2026.

Key points

  • Revenue $264.0 million versus $293.2 million a year earlier; Adjusted EBITDA $86.9 million versus $100.4 million
  • Net income $50.2 million and diluted EPS $0.60, versus $62.4 million and $0.74 in Q3 2024
  • Fourth quarter outlook: Pressure Control revenue relatively flat; U.S. land rig count flat to slightly down
  • Quarterly dividend of $0.14 per Class A share payable December 18, 2025; cash of $445.6 million and no bank debt as of September 30, 2025

The filing

CompanyCactus (WHD)
Form8-K, current report
Filed with the SECOct 29, 2025, 5:44 PM ET
Accession number0001628280-25-047215

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.