---
schema_version: "secwatch.filing_event.v1"
accession: "0001699136-25-000074"
form_type: "8-K"
ticker: "WHD"
cik: "0001699136"
company_name: "Cactus, Inc."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T00:43:28.812468+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Cactus Q1 2025 revenue $280.3M, adj. EPS $0.73; declares $0.13 dividend

## Summary
- Revenue of $280.3M, up 2% from Q1 2024; operating income $68.6M, up 10% YoY.
- Net income of $54.1M ($0.64 diluted EPS); adjusted net income $58.8M ($0.73 adjusted EPS).
- Adjusted EBITDA of $93.8M (33.5% margin) vs $95.3M (34.8%) in Q1 2024.
- Cash $347.7M, no bank debt outstanding as of March 31, 2025.
- Board declared quarterly dividend of $0.13 per Class A share.

## SEC filing metadata
- accession: 0001699136-25-000074
- form_type: 8-K
- ticker: WHD
- cik: 0001699136
- company_name: Cactus, Inc.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699136/000169913625000074/0001699136-25-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699136/000169913625000074/whd-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001699136-25-000074
- JSON: https://secwatch.observer/filing/0001699136-25-000074.json
- Plain text: https://secwatch.observer/filing/0001699136-25-000074.txt

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