---
schema_version: "secwatch.filing_event.v1"
accession: "0001699136-24-000004"
form_type: "8-K"
ticker: "WHD"
cik: "0001699136"
company_name: "Cactus, Inc."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:56:00.965418+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cactus Q4 adjusted EPS $0.81; FY revenue $1.097B up 59%

## Summary
- Q4 revenue $274.9M, operating income $78.6M, net income $62.1M ($0.74 diluted EPS).
- Adjusted net income $65.1M, adjusted diluted EPS $0.81; adjusted EBITDA $100.1M (36.4% margin).
- Full year 2023 revenue $1.097B (up 59% from $688.4M), net income $214.8M (up 48%).
- Cash $133.8M, no bank debt; Board declared $0.12 quarterly dividend per Class A share.
- Q4 revenue down 4.5% sequentially from Q3 $287.9M but up 46% YoY.

## SEC filing metadata
- accession: 0001699136-24-000004
- form_type: 8-K
- ticker: WHD
- cik: 0001699136
- company_name: Cactus, Inc.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699136/000169913624000004/0001699136-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699136/000169913624000004/whd-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001699136-24-000004
- JSON: https://secwatch.observer/filing/0001699136-24-000004.json
- Plain text: https://secwatch.observer/filing/0001699136-24-000004.txt

## Key facts
- Earnings Releases
  Cactus, Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue $274.9 million, net income $62.1 million, EPS $0.74.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Revenue: $274.9 million
  - Net income: $62.1 million
  - EPS: $0.74
  - Result: reported results
  source text: Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the fourth quarter and full year of 2023. Fourth Quarter Highlights • Revenue of $274.9 million and operating income of $78.6 million; • Net income of $62.1 million and diluted earnings per Class A share of $0.74;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699136/000169913624000004/0001699136-24-000004-index.htm

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