{"schema_version":"secwatch.filing_event.v1","accession":"0001699136-23-000012","form_type":"8-K","ticker":"WHD","cik":"0001699136","company_name":"Cactus, Inc.","filed_at":"2023-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.188538+00:00","generated_at":"2026-06-19T02:54:46.290641+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cactus Q4 revenue $187.8M, net income $40.7M; announces FlexSteel acquisition and $0.11 dividend","bullets":["Q4 revenue $187.8M, net income $40.7M ($0.50 diluted EPS); adjusted EPS $0.57.","Full year 2022 revenue $688.4M, net income $145.1M; adjusted EBITDA $227.9M (33.1% margin).","Cash $344.5M, no bank debt; closed $165.6M stock offering in Jan 2023.","Signed agreement to acquire HighRidge Resources (FlexSteel); incurred $7.4M acquisition expenses in Q4.","Board declared $0.11 quarterly dividend per Class A share (payable in Q1 2023)."],"urls":{"canonical":"https://secwatch.observer/filing/0001699136-23-000012","json":"https://secwatch.observer/filing/0001699136-23-000012.json","markdown":"https://secwatch.observer/filing/0001699136-23-000012.md","text":"https://secwatch.observer/filing/0001699136-23-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1699136/000169913623000012/0001699136-23-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1699136/000169913623000012/whd-20230222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T02:54:46.290641+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"394d64f9b283fdddaa7a8d7a610acbdb6ed96076","claim":"Cactus, Inc. reported the full year ended December 31, 2022 results: revenue $688,369, net income $145,122.","evidence_excerpt":"Revenues $ 187,774 $ 184,481 $ 129,916 $ 688,369 $ 438,589 Income from operations $ 48,221 $ 51,296 $ 25,712 $ 174,748 $ 75,427 Net income (1)(2) $ 40,739 $ 41,520 $ 20,383 $ 145,122 $ 67,470","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1699136/000169913623000012/0001699136-23-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2022"},{"label":"Revenue","value":"$688,369"},{"label":"Net income","value":"$145,122"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"561ce242f8861a109fba6d37cb64e9606f9254fd","claim":"Cactus, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $187.8 million, net income $40.7 million, EPS $0.50 per Class A share.","evidence_excerpt":"Fourth Quarter 2022 Highlights and Recent Events • Revenue of $187.8 million and income from operations of $48.2 million; • Net income of $40.7 million (1) and diluted earnings per Class A share of $0.50 (1) ;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1699136/000169913623000012/0001699136-23-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$187.8 million"},{"label":"Net income","value":"$40.7 million"},{"label":"EPS","value":"$0.50 per Class A share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}