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Cactus WHD Finance Lease Liabilities

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Other financials

Income statement

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Revenue$388.3M+38.5%
Operating income$49.5M-27.8%
Net income$32.9M-25.6%
EPS (diluted)-$0.70-209%

Balance sheet

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Cash & equivalents$291.6M-16.1%
Total debt$55.2M+28.0%
Total equity$1.2B+7.4%
Total assets$2.5B+38.9%

Cash flow

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Operating cash flow$128.3M+209%
CapEx$282.0K-69.1%
Free cash flow$128.0M+215%

Valuation

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Market cap$5.5B+102%
Enterprise value$5.26B+123%
P/E35.5×+20.5×
P/S4.6×+2.2×

Profitability

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Operating margin19.5%-6.5pp
Net margin13%-3.8pp
FCF margin26.4%

Returns & leverage

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Return on equity13.5%-5.6pp
Debt / equity0.0×
Current ratio2.6×-2.2×

Where this comes from

Reported directly by Cactus in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

The source filing: Cactus’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 11:23 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032636
(in thousands, except per share data)March 31,2026December 31,2025
Total current liabilities451,087164,241
Deferred tax liability, net38,7102,786
Liability related to tax receivable agreement, net of current portion243,500241,609
Finance lease obligations, net of current portion9,6619,672
Operating lease liabilities, net of current portion29,92715,786
Other noncurrent liabilities38,9354,475
Total liabilities811,820438,569
Commitments and contingencies

Item 1. Financial Statements.

FAQ

What is Cactus's finance lease liabilities?
Cactus (WHD) reported finance lease liabilities of $9.66M in Q1 2026.
How has Cactus's finance lease liabilities changed year-over-year?
Cactus's finance lease liabilities decreased by 18.2% year-over-year, from $11.81M to $9.66M.
What is the long-term trend for Cactus's finance lease liabilities?
Over 5 years (2020 to 2025), Cactus's finance lease liabilities has grown at a 34.0% compound annual growth rate (CAGR), from $2.24M to $9.67M.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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