earnings
confidence high
sentiment positive
materiality 0.75
Cactus Q2 2026 revenue $449.5M, net income $61.4M, dividend raised 7% to $0.15/quarter
Cactus, Inc.
- Revenue $449.5M, operating income $83.6M, net income $61.4M ($0.70 diluted EPS).
- Adjusted net income $75.1M, adjusted EPS $0.93; Adjusted EBITDA $132.8M (29.5% margin).
- Cash $365.8M, no bank debt; $92.5M held for legal restructuring related to Cactus International acquisition.
- Board approved 7% dividend increase to $0.15/Class A share per quarter; declared quarterly dividend.
- Board expanded with appointment of Joseph Elkhoury, bringing international oilfield experience.