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Cactus WHD Q4 revenue falls 4.2% to USD 261.2 million
Cactus, Inc. Class A WHD | 45.58 | +1.42% |
Cactus posted Q4 2025 revenue of USD 261.2 million, operating income of USD 59.9 million (22.9% margin) and net income of USD 48.3 million (18.5% margin). Diluted EPS was USD 0.57, while adjusted net income was USD 52.1 million with diluted EPS as adjusted of USD 0.65; adjusted EBITDA was USD 85.5 million (32.7% margin). Operating cash flow in Q4 was USD 72.3 million, and cash and cash equivalents totaled USD 494.6 million as of Dec. 31, 2025 (including USD 371.0 million of restricted cash), with no bank debt outstanding. For FY 2025, Cactus reported revenue of USD 1.079 billion, operating income of USD 250.5 million, net income of USD 201.6 million, adjusted net income of USD 215.7 million, and adjusted EBITDA of USD 353.0 million. In Q4, Pressure Control revenue was USD 178.4 million, while Spoolable Technologies revenue was USD 84.2 million. Management said Pressure Control revenues exceeded expectations on strong sales of drilling equipment and increased rental revenues, while Spoolable Technologies revenues declined in the seasonally slow quarter. Cactus also said it closed (Jan. 1, 2026) its previously announced acquisition of a majority interest in Baker Hughes’ Surface Pressure Control business (Cactus International), which will be included in the Pressure Control segment starting in Q1 2026; it expects U.S. land activity to be relatively flat in Q1 2026 versus Q4 2025. The board approved a quarterly cash dividend of USD 0.14 per Class A share, payable March 19, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cactus Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602251800BIZWIRE_USPR_____20260225_BW154720) on February 25, 2026, and is solely responsible for the information contained therein.


