---
schema_version: "secwatch.filing_event.v1"
accession: "0001699136-24-000095"
form_type: "8-K"
ticker: "WHD"
cik: "0001699136"
company_name: "Cactus, Inc."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:52:19.775231+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cactus Q2 net income $63.1M, up 94% YoY; dividend raised 8% to $0.13/quarter

## Summary
- Revenue $290.4M (-5% YoY); operating income $79.8M (27.5% margin) vs $48.5M (15.9% margin).
- Adjusted diluted EPS $0.81; adjusted net income margin 22.4%.
- Adjusted EBITDA $103.6M (35.7% margin); cash flow from ops $78.0M.
- Cash $246.5M, zero bank debt; final FlexSteel earn-out $37.0M due Q3 2024.
- Board approved 8% dividend increase to $0.13/quarter.

## SEC filing metadata
- accession: 0001699136-24-000095
- form_type: 8-K
- ticker: WHD
- cik: 0001699136
- company_name: Cactus, Inc.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699136/000169913624000095/0001699136-24-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699136/000169913624000095/whd-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001699136-24-000095
- JSON: https://secwatch.observer/filing/0001699136-24-000095.json
- Plain text: https://secwatch.observer/filing/0001699136-24-000095.txt

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