10-Q quarterly report · filed Oct 30, 2025

Cactus, Inc. (WHD) Q3 2025 10-Q Quarterly Report

Short answer

Cactus, Inc. (WHD) filed its Q3 2025 10-Q quarterly report on Oct 30, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $264M (down 10.0% year over year) with net income of $42M.

Q3 2025 key financials · XBRL

Revenue
$264M
−10.0% YoY · −3.5% QoQ
Net income
$42M
−16.6% YoY · +3.2% QoQ
Operating margin
23.2%

Source: XBRL data from the Cactus, Inc. (WHD) Q3 2025 10-Q on SEC EDGAR. USD.

Cactus, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New operational risk from cost-cutting measures in Q2 and Q3 2025 triggered by anticipated oil and gas price downturn
  • Updated supply chain risk due to potential U.S. federal government shutdown causing customs and logistics delays
  • Regulatory risk: government shutdown impacts customs processing, regulatory approvals, and transportation logistics at ports
  • Market risk: decrease in demand for products and services if anticipated oil and gas downturn materializes or rebounds faster
  • Financial risk: no new liquidity or debt maturity risks disclosed in this filing

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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