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

Cactus Q3 Revenue Slips From Q2 to $430.9 Million as Net Income Rises to $74.1 Million

Mixed Impact 3 of 5 earnings

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.

Key points

  • 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

The filing

CompanyCactus (WHD)
Form8-K, current report
Filed with the SECOct 28, 2026, 5:30 PM ET
Accession number0001628280-26-067952

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

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.