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

Cactus Q1 revenue rises year over year to $280.3 million; outlook cautious

Mixed Impact 3 of 5 earnings Written later

Cactus reported first-quarter 2025 revenue of $280.3 million, up from $274.1 million a year earlier, with net income of $54.1 million and diluted EPS of $0.64 versus $0.59. Management expects U.S. land rig activity to decline in the second quarter and says tariffs will raise input costs, while it reduced its 2025 net capital expenditure guidance by $5 million.

Key points

  • Q1 2025 revenue $280.3 million vs. $274.1 million in Q1 2024; net income $54.1 million vs. $49.8 million
  • Diluted EPS $0.64 vs. $0.59 a year earlier; Adjusted EBITDA $93.8 million vs. $95.3 million
  • Pressure Control Q2 revenue expected to be down modestly; U.S. land rig count expected to decline
  • 2025 net capital expenditure guidance cut to $40 million to $50 million, a $5 million reduction; quarterly dividend of $0.13 per Class A share payable June 20, 2025

The filing

CompanyCactus (WHD)
Form8-K, current report
Filed with the SECApr 30, 2025, 6:59 PM ET
Accession number0001699136-25-000074

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 April 30, 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.