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Cactus WHD Pre-Tax Income

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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)Three Months Ended March 31, 20262025
Total costs and expenses338,845211,707
Operating income49,50468,612
Interest income, net2202,325
Income before income taxes49,72470,937
Income tax expense9,50316,832
Net income$40,221$54,105
Less: net income attributable to non-controlling interest7,3159,882
Net income attributable to Cactus Inc.$32,906$44,223

Item 1. Financial Statements.

FAQ

What is Cactus's pre-tax income?
Cactus (WHD) reported pre-tax income of $49.72M in Q1 2026.
How has Cactus's pre-tax income changed year-over-year?
Cactus's pre-tax income decreased by 29.9% year-over-year, from $70.94M to $49.72M.
What is the long-term trend for Cactus's pre-tax income?
Over 4 years (2021 to 2025), Cactus's pre-tax income has grown at a 36.5% compound annual growth rate (CAGR), from $75.15M to $260.67M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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