Short answer
Cactus, Inc. (WHD) filed its Q2 2026 10-Q quarterly report on Jul 31, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $450M (up 64.3% year over year) with net income of $49M.
Q2 2026 key financials · XBRL
- Revenue
- $450M
- +64.3% YoY · +15.8% QoQ
- Net income
- $49M
- +21.5% YoY · +48.9% QoQ
- Operating margin
- 18.6%
Source: XBRL data from the Cactus, Inc. (WHD) Q2 2026 10-Q on SEC EDGAR. USD.
Cactus, Inc. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q2 revenue $449.5M, up 15.8% sequentially; YoY quarterly revenue comparison not disclosed
- Q2 operating income $83.6M, margin 18.6% vs 12.7% sequentially
- Best segment Pressure Control revenue $344.0M, operating income $59.2M
- Cash $365.8M; six-month operating cash flow $232.8M vs $124.4M YoY
- 2026 capex guidance raised to $55M–$65M from $40M–$50M amid Baytown capacity investments; tariffs and Iran conflict remain headwinds
Risk Factors
- New Middle East conflict risk, triggered by ongoing U.S.-Iran and regional hostilities
- Middle East operations risk, with UAE and Saudi plants exposed to interruptions and employee-safety concerns
- Supply-chain risk, with Strait of Hormuz traffic expected to disrupt regional logistics
- Integration risk, with Cactus International’s integration plan potentially delayed by the conflict
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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