9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.1B | $166M | 37.0% | 23.2% | — | $0 | $124M |
| 2024 | $1.1B | $185M | 38.6% | 25.6% | — | $0 | $343M |
| 2023 | $1.1B | $169M | 37.0% | 24.1% | — | $0 | $134M |
| 2022 | $688M | $110M | 35.2% | 25.4% | — | $0 | $345M |
| 2021 | $439M | $50M | 0.0% | 17.2% | — | $0 | $302M |
| 2020 | $349M | $34M | 0.0% | 20.1% | — | $0 | $289M |
| 2019 | $628M | $86M | 0.0% | 29.1% | — | $0 | $203M |
| 2018 | $544M | $52M | 0.0% | 32.7% | — | $0 | $71M |
| 2017 | $341M | — | 0.0% | 26.0% | — | $241M | $8M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $388M | $33M | 28.7% | 12.7% | — | $0 | $292M |
| Dec '25 | $261M | $40M | 36.2% | 22.9% | — | $0 | $124M |
| Sep '25 | $264M | $42M | 36.8% | 23.2% | — | $0 | $446M |
| Jun '25 | $274M | $40M | 36.6% | 22.2% | — | $0 | $405M |
| Mar '25 | $280M | $44M | 38.4% | 24.5% | — | $0 | $348M |
| Dec '24 | $272M | $47M | 37.8% | 25.9% | — | $0 | $343M |
| Sep '24 | $293M | $50M | 39.0% | 26.2% | — | $0 | $303M |
| Jun '24 | $290M | $50M | 39.2% | 27.5% | — | $0 | $247M |
| Mar '24 | $274M | $39M | 38.4% | 22.8% | — | $0 | $194M |
| Dec '23 | $275M | $49M | 0.0% | 28.6% | — | $0 | $134M |
| Sep '23 | $288M | $53M | 0.0% | 30.4% | — | — | $64M |
| Jun '23 | $306M | $25M | 0.0% | 15.9% | — | $55M | $64M |
| Mar '23 | $228M | $43M | 0.0% | 21.8% | — | $152M | $75M |
| Dec '22 | $188M | $31M | 0.0% | 25.7% | — | $0 | $345M |
| Sep '22 | $184M | $31M | 0.0% | 27.8% | — | $0 | $321M |
| Jun '22 | $170M | $27M | 0.0% | 26.0% | — | $0 | $312M |
| Mar '22 | $146M | $21M | 0.0% | 21.2% | — | $0 | $298M |
| Dec '21 | $130M | $15M | 0.0% | 19.8% | — | $0 | $302M |
| Sep '21 | $115M | $13M | 0.0% | 18.0% | — | $0 | $302M |
| Jun '21 | $109M | $10M | 0.0% | 15.9% | — | $0 | $309M |
How the market has priced WHD against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Cactus, Inc.'s revenue has grown 25.4% per year, and net income grown 37.0% per year. These are computed facts, not advice.
As of FY2025, Cactus, Inc. reported $0 of total debt against $124M of cash.
In FY2025, gross margin was 37.0%, operating margin 23.2%, and net margin 15.4%.
As of Jun '26, Cactus, Inc. traded at a price-to-earnings ratio of about 24.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.