Cactus demonstrated strong performance with record bookings and revenue growth, along with a solid cash position and successful international expansion. However, the company faces challenges with margin declines in the Pressure Control segment, reduced revenue in Spoolable Technologies, and increased costs due to tariffs, which are impacting profitability. Despite these challenges, the company is taking steps to mitigate tariff impacts and continues to see opportunities for growth.

Company Guidance -

Q3 2025

During the Cactus Q1 2025 earnings call, the company provided several key financial metrics and guidance for the upcoming quarter. Total revenue for the first quarter was reported at $280 million, a 3% sequential increase, with adjusted EBITDA at $94 million, representing an adjusted EBITDA margin of 33.5%. The company paid a quarterly dividend of $0.13 per share and increased its cash balance to $348 million. For the second quarter, Cactus anticipates pressure control revenue to decline by low to mid-single digits compared to the first quarter's $190 million, while the Spoolable Technologies segment is expected to see mid to high single-digit revenue growth. Adjusted EBITDA margins for the pressure control segment are projected to remain stable between 33% and 35%, and margins for Spoolable Technologies are expected to be around 35% to 37%. The company plans to neutralize the increased tariff expenses by mid-next year through various initiatives, including ramping up production in its Vietnam facility. The Board also approved a quarterly dividend of $0.13 per share, to be paid in June.

Record First Quarter Bookings

Cactus reported record levels of pressure control product revenues per rig and record first quarter bookings in the Spoolable Technologies segment, indicating strong demand and performance.

Revenue and EBITDA Growth

Total Q1 revenues were $280 million, up 3% sequentially, with an adjusted EBITDA of $94 million, up 1.2% sequentially, showing continued financial growth.

Strong Cash Position and Dividends

Cactus increased its cash balance to $348 million and paid a quarterly dividend of $0.13 per share, reflecting a strong financial position and shareholder return.

Successful International Expansion

Sales to international locations increased by 30% quarter-over-quarter, driven by robust demand in Canada and the shipment of the first commercial order of sour service pipe for high H2S applications.

Cactus (WHD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

WHD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.68 / -	0.79	―	―	―
Jul 30, 2025	2025 (Q2)	0.72 / 0.66	0.81	-18.52% (-0.15)	―
Apr 30, 2025	2025 (Q1)	0.67 / 0.73	0.75	-2.67% (-0.02)	―
Feb 26, 2025	2024 (Q4)	0.71 / 0.71	0.81	-12.35% (-0.10)	―
Oct 30, 2024	2024 (Q3)	0.76 / 0.79	0.8	-1.25% (-0.01)	―
Jul 31, 2024	2024 (Q2)	0.72 / 0.81	0.84	-3.57% (-0.03)	―
May 01, 2024	2024 (Q1)	0.71 / 0.75	0.64	17.19% (+0.11)	―
Feb 28, 2024	2023 (Q4)	0.68 / 0.81	0.57	42.11% (+0.24)	―
Nov 08, 2023	2023 (Q3)	0.83 / 0.80	0.52	53.85% (+0.28)	―
Aug 07, 2023	2023 (Q2)	0.74 / 0.84	0.44	90.91% (+0.40)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

WHD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$46.80	―	―
Apr 30, 2025	$37.82	$39.57	+4.63%
Feb 26, 2025	$56.87	$51.79	-8.93%
Oct 30, 2024	$56.83	$58.84	+3.54%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Cactus, Inc. (WHD) report earnings?

Cactus, Inc. (WHD) is schdueled to report earning on Oct 29, 2025, During Market Hours (Confirmed).

What is Cactus, Inc. (WHD) earnings time?

Cactus, Inc. (WHD) earnings time is at Oct 29, 2025, During Market Hours (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is WHD EPS forecast?

WHD EPS forecast for the fiscal quarter 2025 (Q3) is 0.68.

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