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Cactus WHD Spoolable Technologies — Operating Income (Loss)

Other segment segments

Pressure Control
$38.61M-28.9%

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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:OperatingIncomeLoss.

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
Line itemThree Months Ended March 31, 2026 / Pressure ControlThree Months Ended March 31, 2026 / Spoolable TechnologiesThree Months Ended March 31, 2026 / Total
Elimination of intersegment cost of revenue(1,614)
Total consolidated cost of revenue276,771
Selling, general, administrative expenses and other (2)38,09611,419
Segment profit$38,605$23,567$62,172
Reconciliation of segment profit
Elimination of intersegment profit(109)
Total consolidated segment profit$62,063
Corporate expenses (3)(12,559)

Item 1. Financial Statements.

FAQ

What is Cactus's spoolable technologies — operating income (loss)?
Cactus (WHD) reported spoolable technologies — operating income (loss) of $23.57M in Q1 2026.
How has Cactus's spoolable technologies — operating income (loss) changed year-over-year?
Cactus's spoolable technologies — operating income (loss) decreased by 1.3% year-over-year, from $23.88M to $23.57M.
What does spoolable technologies — operating income (loss) mean?
Calculated as the segment's total revenue minus its cost of revenue and operating expenses, representing the core profitability of the Spoolable Technologies business. This metric isolates the segment's ability to generate profit from its primary operations without the influence of corporate-level financing or tax structures. It is the primary benchmark for assessing the segment's operational success.

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