---
schema_version: "secwatch.filing_event.v1"
accession: "0001699136-23-000137"
form_type: "8-K"
ticker: "WHD"
cik: "0001699136"
company_name: "Cactus, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:46:15.776916+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cactus Q3 2023 revenue $287.9M, EPS $0.80, declares $0.12 dividend

## Summary
- Revenue $287.9M, down 6% sequentially from Q2 $305.8M, up 56% YoY from Q3 2022 $184.5M.
- Net income $68.0M ($0.80 diluted EPS); adjusted net income $63.8M ($0.80 adjusted EPS).
- Adjusted EBITDA $103.1M, margin 35.8%; operating cash flow $80.1M.
- Cash $63.7M, no bank debt outstanding as of Sept 30, 2023.
- Board declared quarterly dividend of $0.12 per Class A share, payable in Q4 2023.

## SEC filing metadata
- accession: 0001699136-23-000137
- form_type: 8-K
- ticker: WHD
- cik: 0001699136
- company_name: Cactus, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699136/000169913623000137/0001699136-23-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699136/000169913623000137/whd-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001699136-23-000137
- JSON: https://secwatch.observer/filing/0001699136-23-000137.json
- Plain text: https://secwatch.observer/filing/0001699136-23-000137.txt

## Key facts
- Earnings Releases
  Cactus, Inc. reported the third quarter ended September 30, 2023 results: revenue $287.9 million, net income $68.0 million, EPS $0.80.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $287.9 million
  - Net income: $68.0 million
  - EPS: $0.80
  - Result: reported results
  source text: 2023 – Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the third quarter of 2023. Third Quarter Highlights • Revenue of $287.9 million and operating income of $87.6 million; • Net income of $68.0 million and diluted earnings per Class A share of $0.80; • Adjusted net income (1) of $63.8 million and diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699136/000169913623000137/0001699136-23-000137-index.htm

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