Cactus, Inc. (WHD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 388.35M | 261.2M | 263.95M | 273.57M | 280.32M | 272.12M | 293.18M | 290.39M | 274.12M | 274.87M | 287.87M | 305.82M | 228.41M | 187.77M | 184.48M | 170.22M | 145.9M | 129.92M | 115.36M | 108.89M |
| Revenue Growth % | 38.54% | -4.01% | -9.97% | -5.79% | 2.26% | -1% | 1.84% | -5.05% | 20.02% | 46.38% | 56.04% | 79.67% | 56.55% | 44.53% | 59.91% | 56.31% | 72.83% | 90.8% | 92.95% | 63.63% |
| Cost of Goods Sold | 207.49M | 18.82M | 170.83M | 123.52M | 176.58M | 174.14M | 178.88M | 180.47M | 168.85M | 169.97M | 175.81M | 201.08M | 148.82M | 116.66M | 117.22M | 111.23M | 100.81M | 91.34M | 82.45M | 80.19M |
| COGS % of Revenue | 53.43% | 7.21% | 64.72% | 45.15% | 62.99% | 63.99% | 61.01% | 62.15% | 61.6% | 61.84% | 61.07% | 65.75% | 65.15% | 62.13% | 63.54% | 65.35% | 69.1% | 70.31% | 71.47% | 73.65% |
| Gross Profit | 180.86M | 242.38M | 93.12M | 150.06M | 103.74M | 97.98M | 114.3M | 109.92M | 105.28M | 104.9M | 112.06M | 104.73M | 79.59M | 71.12M | 67.27M | 58.98M | 45.08M | 38.57M | 32.91M | 28.7M |
| Gross Margin % | 46.57% | 92.79% | 35.28% | 54.85% | 37.01% | 36.01% | 38.99% | 37.85% | 38.4% | 38.16% | 38.93% | 34.25% | 34.85% | 37.87% | 36.46% | 34.65% | 30.9% | 29.69% | 28.53% | 26.35% |
| Gross Profit Growth % | 74.34% | 147.38% | -18.53% | 36.52% | -1.46% | -6.6% | 2% | 4.95% | 32.27% | 47.5% | 66.59% | 77.57% | 76.53% | 84.37% | 104.36% | 105.52% | 112.04% | 121.7% | 57.19% | 55.76% |
| Operating Expenses | 131.35M | 182.53M | 31.89M | 89.25M | 35.13M | 27.53M | 37.51M | 27.23M | 42.73M | 24.55M | 24.46M | 56.21M | 29.9M | 22.9M | 15.97M | 14.74M | 14.09M | 12.86M | 12.15M | 11.38M |
| OpEx % of Revenue | 33.82% | 69.88% | 12.08% | 32.63% | 12.53% | 10.12% | 12.79% | 9.38% | 15.59% | 8.93% | 8.5% | 18.38% | 13.09% | 12.19% | 8.66% | 8.66% | 9.66% | 9.9% | 10.53% | 10.45% |
| Selling, General & Admin | 0 | 0 | 31.89M | 39.13M | 35.13M | 27.53M | 37.37M | 27.23M | 29.42M | 24.55M | 29.55M | 38.07M | 29.9M | 22.9M | 15.97M | 14.74M | 14.09M | 12.86M | 12.15M | 11.38M |
| SG&A % of Revenue | - | - | 12.08% | 14.3% | 12.53% | 10.12% | 12.75% | 9.38% | 10.73% | 8.93% | 10.26% | 12.45% | 13.09% | 12.19% | 8.66% | 8.66% | 9.66% | 9.9% | 10.53% | 10.45% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 0 | 1000K | 0 | 0 | 138K | 0 | 1000K | 0 | -1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 388.35M | 59.85M | 61.23M | 60.8M | 68.61M | 70.45M | 76.79M | 82.69M | 62.55M | 80.35M | 87.6M | 48.52M | 49.69M | 48.22M | 51.3M | 44.24M | 30.99M | 25.71M | 20.77M | 17.31M |
| Operating Margin % | 100% | 22.91% | 23.2% | 22.23% | 24.48% | 25.89% | 26.19% | 28.48% | 22.82% | 29.23% | 30.43% | 15.87% | 21.75% | 25.68% | 27.81% | 25.99% | 21.24% | 19.79% | 18% | 15.9% |
| Operating Income Growth % | 466.01% | -15.05% | -20.26% | -26.47% | 9.69% | -12.32% | -12.34% | 70.43% | 25.89% | 66.63% | 70.78% | 9.68% | 60.34% | 87.54% | 147.02% | 155.52% | 166.35% | 205.26% | 65.39% | 95.09% |
| EBITDA | 414.66M | 76.01M | 77.42M | 76.69M | 84.29M | 85.77M | 91.87M | 97.7M | 77.6M | 95.22M | 102.76M | 70.44M | 62.8M | 56.35M | 59.7M | 53.16M | 39.67M | 34.54M | 29.89M | 26.47M |
| EBITDA Margin % | 106.78% | 29.1% | 29.33% | 28.03% | 30.07% | 31.52% | 31.34% | 33.64% | 28.31% | 34.64% | 35.7% | 23.03% | 27.49% | 30.01% | 32.36% | 31.23% | 27.19% | 26.59% | 25.91% | 24.31% |
| EBITDA Growth % | 391.95% | -11.37% | -15.73% | -21.5% | 8.63% | -9.92% | -10.6% | 38.7% | 23.56% | 68.96% | 72.14% | 32.51% | 58.31% | 63.16% | 99.69% | 100.79% | 90.45% | 95.35% | 33.95% | 36.49% |
| D&A (Non-Cash Add-back) | 26.31M | 16.16M | 16.19M | 15.89M | 15.68M | 15.31M | 15.08M | 15M | 15.05M | 14.87M | 15.16M | 21.91M | 13.11M | 8.13M | 8.4M | 8.91M | 8.68M | 8.83M | 9.13M | 9.16M |
| EBIT | 388.35M | 61.98M | 64.43M | 63.32M | 70.94M | 75.96M | 76.93M | 81.22M | 75.85M | 79.24M | 82.51M | 66.67M | 54.23M | 50.92M | 51.3M | 44.55M | 30.99M | 26.26M | 20.77M | 16.31M |
| Net Interest Income | 220K | 3.14M | 2.98M | 2.52M | 2.33M | 2.3M | 2.06M | 1.41M | 689K | -182K | -1.37M | -5.93M | 1M | 2.37M | 1.14M | -304K | -100K | -142K | -299K | -181K |
| Interest Income | 220K | 3.14M | 2.98M | 2.52M | 2.33M | 2.3M | 2.06M | 1.41M | 689K | 0 | 0 | 0 | 1M | 2.37M | 1.14M | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 182K | 1.37M | 5.93M | 0 | 0 | 0 | 304K | 100K | 142K | 299K | 181K |
| Other Income/Expense | -338.63M | 2.13M | 3.2M | 2.52M | 2.33M | 5.51M | 2.06M | -1.47M | 689K | -1.29M | -1.11M | -5.93M | 4.54M | 450K | 2.27M | 304K | -1.22M | 1.76M | -299K | -1.19M |
| Pretax Income | 49.72M | 61.98M | 64.43M | 63.32M | 70.94M | 75.96M | 78.85M | 81.22M | 63.24M | 79.06M | 86.5M | 42.59M | 54.23M | 48.67M | 53.56M | 44.55M | 29.77M | 27.47M | 20.47M | 16.13M |
| Pretax Margin % | 12.8% | 23.73% | 24.41% | 23.15% | 25.31% | 27.91% | 26.9% | 27.97% | 23.07% | 28.76% | 30.05% | 13.93% | 23.74% | 25.92% | 29.03% | 26.17% | 20.41% | 21.15% | 17.74% | 14.81% |
| Income Tax | 9.5M | 13.68M | 14.24M | 14.28M | 16.83M | 18.51M | 16.42M | 18.16M | 13.42M | 16.98M | 18.48M | 10.13M | 1.94M | 7.93M | 12.04M | 8.77M | 2.69M | 7.09M | 3.29M | 1.35M |
| Effective Tax Rate % | 19.11% | 22.06% | 22.11% | 22.54% | 23.73% | 24.37% | 20.82% | 22.36% | 21.23% | 21.48% | 21.36% | 23.79% | 3.58% | 16.3% | 22.48% | 19.68% | 9.04% | 25.8% | 16.07% | 8.4% |
| Net Income | -48.6M | 39.84M | 41.62M | 40.33M | 44.22M | 46.69M | 49.93M | 49.83M | 38.97M | 48.95M | 52.58M | 24.75M | 42.89M | 30.99M | 31.43M | 27.14M | 20.62M | 15.02M | 12.62M | 10.39M |
| Net Margin % | -12.51% | 15.25% | 15.77% | 14.74% | 15.78% | 17.16% | 17.03% | 17.16% | 14.21% | 17.81% | 18.27% | 8.09% | 18.78% | 16.5% | 17.03% | 15.95% | 14.13% | 11.56% | 10.94% | 9.54% |
| Net Income Growth % | -209.9% | -14.67% | -16.63% | -19.06% | 13.49% | -4.62% | -5.05% | 101.33% | -9.16% | 57.95% | 67.32% | -8.82% | 108.06% | 106.26% | 149.07% | 161.18% | 78.35% | 369.21% | 102.42% | 72.41% |
| Net Income (Continuing) | 40.22M | 48.3M | 50.19M | 49.05M | 54.1M | 57.45M | 62.44M | 63.06M | 49.81M | 62.07M | 68.02M | 32.46M | 52.29M | 40.74M | 41.52M | 35.78M | 27.08M | 20.38M | 17.18M | 14.77M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 240.61M | 206.66M | 203.51M | 200.34M | 197.34M | 193.06M | 209.26M | 200.12M | 207.22M | 199.25M | 189.06M | 191.97M | 188.58M | 138.53M | 131.41M | 126.57M | 122.78M | 126.39M | 122.83M | 129.21M |
| EPS (Diluted) | -0.70 | 0.57 | 0.60 | 0.59 | 0.64 | 0.69 | 0.74 | 0.75 | 0.59 | 0.74 | 0.80 | 0.38 | 0.63 | 0.50 | 0.51 | 0.36 | 0.27 | 0.25 | 0.21 | 0.18 |
| EPS Growth % | -209.38% | -17.39% | -18.92% | -21.33% | 8.47% | -6.76% | -7.5% | 97.37% | -6.35% | 48% | 56.86% | 5.56% | 133.33% | 100% | 142.86% | 100% | 42.11% | 489.62% | 61.54% | 63.64% |
| EPS (Basic) | -0.70 | 0.58 | 0.61 | 0.59 | 0.65 | 0.69 | 0.89 | 0.75 | 0.60 | 0.75 | 0.81 | 0.38 | 0.67 | 0.51 | 0.52 | 0.36 | 0.27 | 0.25 | 0.22 | 0.19 |
| Diluted Shares Outstanding | 69.03M | 69.52M | 69.2M | 68.76M | 68.66M | 79.92M | 80.19M | 66.58M | 79.56M | 79.86M | 65.49M | 65M | 79.16M | 76.41M | 61.11M | 76.32M | 76.16M | 76.15M | 76.08M | 76M |
| Basic Shares Outstanding | 69.03M | 68.86M | 68.68M | 68.36M | 68.19M | 67.47M | 66.56M | 66.14M | 65.38M | 65.36M | 64.88M | 64.57M | 63.74M | 60.8M | 60.66M | 76.32M | 76.16M | 58.99M | 58.25M | 55.05M |
| Dividend Payout Ratio | - | 37.52% | 23.16% | 22.16% | 20.84% | 18.98% | 17.4% | 16.04% | 20.9% | 16.05% | 14.83% | 28.75% | 17.14% | 21.63% | 21.26% | 24.58% | 32.32% | 39.33% | 46.15% | 47.43% |