---
schema_version: "secwatch.filing_event.v1"
accession: "0001699136-25-000101"
form_type: "8-K"
ticker: "WHD"
cik: "0001699136"
company_name: "Cactus, Inc."
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:22:32.086893+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cactus Q2 revenue down 5.8% YoY to $273.6M; EPS $0.59, adjusted $0.66

## Summary
- Revenue of $273.6M, down from $290.4M YoY; net income $49.0M vs $63.1M YoY.
- Adjusted EPS of $0.66; Adjusted EBITDA margin 31.7% vs 35.7% a year ago.
- Cash and equivalents $405.2M, no bank debt; operating cash flow $82.8M.
- Board approved 8% dividend increase to $0.14 per share quarterly.
- Signed agreement to acquire 65% majority of Baker Hughes' Surface Pressure Control business.

## SEC filing metadata
- accession: 0001699136-25-000101
- form_type: 8-K
- ticker: WHD
- cik: 0001699136
- company_name: Cactus, Inc.
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1699136/000169913625000101/0001699136-25-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699136/000169913625000101/whd-20250730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001699136-25-000101
- JSON: https://secwatch.observer/filing/0001699136-25-000101.json
- Plain text: https://secwatch.observer/filing/0001699136-25-000101.txt

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