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Cactus WHD Provision for Credit Losses

Provision for Credit Losses at other companies

Merchants Bancorp logo
Merchants BancorpMBIN
$15.3M+98.0%
GHC
Graham HoldingsGHC
$1.54M+35.1%
Laureate Education, Inc. logo
Laureate Education, Inc.LAUR
$6.34M+44.2%
Evolution Metals & Technologies Corp.
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Evolution Metals & Technologies Corp. EMAT
$470K
Cushman & Wakefield
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Cushman & Wakefield CWK
$4.8M+71.4%
Benchmark Electronics logo
Benchmark ElectronicsBHE
$298K

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$3.67B+4.5%

Profitability

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Operating margin19.5%-6.5pp
Net margin13%-3.8pp

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:ProvisionForDoubtfulAccounts.

The official record: Cactus’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cactus's provision for credit losses?
Cactus (WHD) reported provision for credit losses of $1.06M in Q1 2026.
How has Cactus's provision for credit losses changed year-over-year?
Cactus's provision for credit losses increased by 697.0% year-over-year, from $133K to $1.06M.
What is the long-term trend for Cactus's provision for credit losses?
Over 2 years (2022 to 2025), Cactus's provision for credit losses has grown at a 69.4% compound annual growth rate (CAGR), from $422K to $1.21M.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.