Cactus, Inc. (WHD) Revenue History
Annual and quarterly revenue from 2015 to 2025
Compound Annual Growth Rate (CAGR)
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WHD Revenue Growth
Revenue Breakdown (FY 2025)
WHD's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
WHD Revenue Analysis (2015–2025)
As of May 8, 2026, Cactus, Inc. (WHD) generated trailing twelve-month (TTM) revenue of $1.19 billion, reflecting explosive growth of +38.5% year-over-year. The most recent quarter (Q1 2026) recorded $388.3 million in revenue, up 48.7% sequentially.
Looking at the longer-term picture, WHD's 5-year compound annual growth rate (CAGR) stands at +25.4%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $1.13 billion in 2024.
Revenue diversification analysis shows WHD's business is primarily driven by Product (76%), Product and Service, Other (16%), and Rental Revenue (8%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including NOV (-1.4% YoY), DNOW (+41.3% YoY), and ACDC (-11.4% YoY), WHD has underperformed the peer group in terms of revenue growth. Compare WHD vs NOV →
WHD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WHDCurrent | $1.2B | +38.5% | +25.4% | 23.2% | |
 NOV | $8.7B | -1.4% | +7.5% | 6.5% | |
 DNOW | $2.8B | +41.3% | +11.7% | -2.9% | |
 ACDC | $1.9B | -11.4% | +28.8% | -6.9% | |
 WTTR | $1.4B | -4.2% | +18.4% | 2.5% | |
 BKR | $27.7B | +0.2% | +6.0% | 12.8% |
WHD Historical Revenue Data (2015–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.08B | -4.5% | $589.3M | 54.6% | $250.5M | 23.2% |
| 2024 | $1.13B | +3.0% | $436.4M | 38.6% | $289.6M | 25.6% |
| 2023 | $1.10B | +59.4% | $406.3M | 37.0% | $264.4M | 24.1% |
| 2022 | $688.4M | +57.0% | $242.4M | 35.2% | $174.7M | 25.4% |
| 2021 | $438.6M | +25.8% | $121.4M | 27.7% | $75.4M | 17.2% |
| 2020 | $348.6M | -44.5% | $111.6M | 32.0% | $70.0M | 20.1% |
| 2019 | $628.4M | +15.5% | $234.8M | 37.4% | $183.2M | 29.1% |
| 2018 | $544.1M | +59.5% | $218.2M | 40.1% | $177.7M | 32.7% |
| 2017 | $341.2M | +120.1% | $116.0M | 34.0% | $88.9M | 26.0% |
| 2016 | $155.0M | -30.0% | $29.8M | 19.2% | $10.6M | 6.8% |
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Start ComparisonWHD — Frequently Asked Questions
Quick answers to the most common questions about buying WHD stock.
Is WHD's revenue growth accelerating or slowing?
WHD revenue is accelerating at +38.5% year-over-year, exceeding the 5-year CAGR of +25.4%. TTM revenue reached $1.2B. Growth momentum has increased versus prior periods.
What is WHD's long-term revenue growth rate?
Cactus, Inc.'s 5-year revenue CAGR of +25.4% reflects the sustained expansion pattern. Current YoY growth of +38.5% is above this long-term average.
How is WHD's revenue distributed by segment?
WHD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2025 are available for download. Segment mix reveals concentration and diversification trends.