AI brief of an SEC Form 8-K · Cactus (WHD)

Cactus Q2 revenue rises to $449.5 million; net income reaches $61.4 million

Positive Impact 3 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyCactus (WHD)
Form8-K, current report
Filed with the SECJul 29, 2026, 5:10 PM ET
Accession number0001628280-26-050657

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits 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 July 29, 2026.

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