Cactus Financial Statements
NYSE: WHDConsumer DiscretionaryOil and Gas Field MachineryUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cactus revenue and earnings
In fiscal 2025, Cactus generated $1.08 billion in revenue, down 4.5% from fiscal 2024, its first annual decline since 2020. Net income was $166.0 million (-10.5% year over year), for a net margin of 15.4% versus a median of 15.4% in the prior 5 years. Gross margin was 37.0% (down from 38.6%) and operating margin 23.2%.
Over the last 5 fiscal years, WHD's revenue has grown at a 25.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Cactus income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.08B | 1.13B | 1.10B | 688.37M | 438.59M | 348.57M | 628.41M | 544.13M | 341.19M | 155.05M |
| Revenue growth (YoY) | -4.49% | +3.00% | +59.36% | +56.95% | +25.83% | -44.53% | +15.49% | +59.48% | +120.06% | — |
| Cost of Revenue | 679.63M | 693.42M | 690.67M | 445.92M | — | — | — | — | — | — |
| Gross Profit | 399.42M | 436.39M | 406.29M | 242.45M | — | — | — | — | — | — |
| Operating Expenses | 828.55M | 840.20M | 832.59M | 513.62M | 363.16M | 278.53M | 445.26M | 366.43M | 252.33M | 144.43M |
| Selling, General & Admin | 148.92M | 130.46M | 127.08M | 67.70M | 46.02M | 39.72M | 51.66M | 40.53M | 27.18M | 19.21M |
| Operating Income | 250.50M | 289.61M | 264.37M | 174.75M | 75.43M | 70.04M | 183.15M | 177.70M | 88.86M | 10.62M |
| Interest Expense | 695.00K | 639.00K | 3.82M | 268.00K | 313.00K | 317.00K | 315.00K | 3.60M | 20.77M | 20.23M |
| Other Income (Expense) | -794.00K | 3.20M | 4.49M | -1.91M | 492.00K | -555.00K | 4.29M | -4.30M | — | 2.25M |
| Pretax Income | 260.67M | 299.28M | 262.38M | 176.55M | 75.14M | 70.19M | 188.32M | 169.80M | 68.10M | -7.37M |
| Income Tax | 59.03M | 66.52M | 47.54M | 31.43M | 7.67M | 10.97M | 32.02M | 19.52M | 1.55M | 809.00K |
| Net Income | 166.01M | 185.41M | 169.17M | 110.17M | 49.59M | 34.45M | 85.61M | 51.68M | 66.55M | -8.18M |
| Net Income growth (YoY) | -10.46% | +9.60% | +53.55% | +122.16% | +43.97% | -59.76% | +65.65% | -22.34% | — | — |
| EPS (Basic) | — | — | — | — | — | — | — | 1.60 | — | — |
| EPS (Diluted) | — | — | — | — | — | — | 1.88 | 1.58 | — | — |
| EBITDA | 314.42M | 350.05M | 329.41M | 208.87M | 111.73M | 110.56M | 222.00M | 207.85M | 112.13M | 31.86M |
| Gross Margin | 37.02% | 38.63% | 37.04% | 35.22% | — | — | — | — | — | — |
| Operating Margin | 23.21% | 25.63% | 24.10% | 25.39% | 17.20% | 20.09% | 29.14% | 32.66% | 26.04% | 6.85% |
| Net Margin | 15.39% | 16.41% | 15.42% | 16.01% | 11.31% | 9.88% | 13.62% | 9.50% | 19.50% | -5.27% |
This table shows 10 annual periods of Cactus's income statement, from FY 2025 back to FY 2016, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WHD's reporting calendar. What is a income statement?