---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-011856"
form_type: "8-K"
ticker: "WHD"
cik: "0001699136"
company_name: "Cactus, Inc."
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:41:05.674866+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cactus Q4 2025 revenue $261.2M, net income $48.3M; closes Baker Hughes acquisition

## Summary
- Net income $48.3M ($0.57 diluted EPS); adjusted net income $52.1M ($0.65 adjusted EPS).
- Revenue $261.2M, down 4% YoY from $272.1M; operating income margin 22.9%.
- Adjusted EBITDA $85.5M, margin 32.7%; cash flow from operations $72.3M.
- Cash $494.6M ($371M restricted), no bank debt outstanding as of Dec 31, 2025.
- Closed previously announced acquisition of Baker Hughes' Surface Pressure Control business on Jan 1, 2026.

## SEC filing metadata
- accession: 0001628280-26-011856
- form_type: 8-K
- ticker: WHD
- cik: 0001699136
- company_name: Cactus, Inc.
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699136/000162828026011856/0001628280-26-011856-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699136/000162828026011856/whd-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-011856
- JSON: https://secwatch.observer/filing/0001628280-26-011856.json
- Plain text: https://secwatch.observer/filing/0001628280-26-011856.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.