NYSE$WHD

Cactus · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Cactus reported Q2 2025 results with revenue of $273.6 million and net income of $49.0 million.

Cactus, Inc. delivered total revenues of $273.6 million for the three months ended June 30, 2025, down from $290.4 million in the prior-year quarter. Operating income was $60.8 million and net income attributable to Cactus Inc. was $40.3 million, resulting in basic and diluted EPS of $0.59. Cash and cash equivalents stood at $405.2 million at quarter end with total assets of $1.82 billion.

  • Q2 2025 revenue totaled $273.6 million, reflecting a 5.8% decline year-over-year driven by lower Pressure Control activity.
  • Pressure Control segment contributed $179.8 million and Spoolable Technologies $96.2 million before intersegment eliminations.
  • Operating income reached $60.8 million while net income was $49.0 million.
  • Cash position strengthened to $405.2 million with no outstanding bank debt under the Amended ABL Credit Facility.

Headline financials

Total Revenue

$274M

Previous: $290M-5.8%
EPS (adj)

$0.59

Previous: $0.75-21.3%
Net Income

$40.3M

Previous: $49.8M-19.1%
Operating Income

$60.8M

Previous: $79.8M-23.8%
Cash & Equivalents

$405M

Previous: $247M+64.4%
Total Assets

$1.82B

Previous: $1.63B+12.2%

Revenue & EPS history

Cactus · Revenue · Quarterly

$274M

Q2 2025-5.8%vs Q2 2024
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Cactus · $276M total across 2 segments · Q2 2025

  • Pressure Control
    $180M
  • Spoolable Technologies
    $96.2M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.5%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+0.6%

Avg return

30 days after

67%

22 / 33 earnings

Positive

+15.7%

Q1 2020

Best reaction

-11.2%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-3.5%-0.1%+0.8%
Q4 2025-11.2%-13.4%-16.6%
Q3 2025+2.0%+2.1%+1.5%
Q1 2025+4.6%+4.9%+8.1%
Q4 2024-8.9%-15.1%-20.1%
Q3 2024+3.9%+7.5%+20.3%
Q2 2024+6.7%+9.0%+5.0%
Q1 2024-0.7%-1.6%-9.0%
Q4 2023-0.2%-1.0%+7.1%
Q3 2023+0.1%+1.0%-4.6%
Q2 2023+2.8%+3.9%+10.4%
Q1 2023-3.6%-8.8%+6.0%
Q4 2022+0.3%-2.7%-20.3%
Q3 2022+6.8%+7.5%-4.8%
Q2 2022+2.3%+10.2%+4.8%
Q1 2022-7.4%-15.3%+0.4%
Q4 2021-0.5%+5.8%+17.9%
Q3 2021-4.6%+0.4%-18.6%
Q2 2021+1.7%-0.1%+5.4%
Q1 2021+8.1%+2.5%+22.2%
Q4 2020+10.4%-2.8%-6.6%
Q3 2020+3.7%+29.6%+51.5%
Q2 2020+1.9%+6.1%+5.2%
Q1 2020+15.7%+6.6%+24.1%
Q4 2019-3.4%+6.6%-57.3%
Q3 2019+1.6%+6.9%+3.2%
Q2 2019+1.7%-4.8%-13.7%
Q1 2019+2.2%+3.6%-10.3%
Q4 2018-1.0%+2.7%+3.4%
Q3 2018+4.7%+10.5%-13.8%
Q2 2018+4.9%+5.9%+4.5%
Q1 2018+6.0%+12.5%+12.5%
Q4 2017+3.3%+4.7%+2.2%
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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