Cactus, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | $688.4M | $438.6M |
| Operating income | $250.5M | $289.6M | $264.4M | $174.7M | $75.4M |
| Operating expenses | $828.5M | $840.2M | $832.6M | $513.6M | $363.2M |
| Cost of revenue | $679.6M | $693.4M | $690.7M | $445.9M | — |
| Cash from operations | $258.4M | $316.1M | $340.3M | $117.9M | $63.8M |
| Capital expenditure | $1.8M | $1.1M | $2.0M | $1.4M | $405,000 |
| Free cash flow | $256.6M | $315.0M | $338.3M | $116.5M | $63.4M |
| Share repurchases | $5.9M | $9.3M | $5.2M | $4.6M | $3.3M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $1.9B | $1.7B | $1.5B | $1.1B | $982.1M |
| Total liabilities | $438.6M | $475.1M | $457.8M | $408.5M | $387.0M |
Shares outstanding 80.2M · Free float 75.3%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.