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Cactus WHD Field service and other revenue — Cost of Sales

Other product segments

Rental revenue
$17.49M+5.1%

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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$3.8B+4.5%
Enterprise value$3.56B+7.4%
P/E24.5×+5.5×
P/S3.2×0.0×

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:CostOfGoodsAndServicesSoldDepreciation.

The official record: Cactus’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cactus's field service and other revenue — cost of sales?
Cactus (WHD) reported field service and other revenue — cost of sales of $2.77M in Q4 2025.
How has Cactus's field service and other revenue — cost of sales changed year-over-year?
Cactus's field service and other revenue — cost of sales increased by 4.5% year-over-year, from $2.65M to $2.77M.
What is the long-term trend for Cactus's field service and other revenue — cost of sales?
Over 4 years (2021 to 2025), Cactus's field service and other revenue — cost of sales has grown at a 12.7% compound annual growth rate (CAGR), from $6.86M to $11.08M.
What does field service and other revenue — cost of sales mean?
This metric represents the specific costs directly attributable to the sales of field services and related offerings, excluding broader overheads. It provides insight into the variable cost structure required to maintain and support the company's installed equipment base. Investors use this to gauge the direct cost-to-revenue relationship for the service business unit.