Cactus Inc. Reports Q2 Financial Results

Cactus Inc., a Houston-based manufacturing company specializing in energy sector equipment, has released its financial results for the second quarter of 2025. The company, listed on the New York Stock Exchange, reported a decrease in profit compared to the same period last year, missing analysts’ estimates.

Financial Highlights

  • Revenue and Income: Cactus Inc. reported a revenue of $273.6 million and an operating income of $60.8 million for the second quarter. The net income stood at $49.0 million, with diluted earnings per Class A share at $0.59. Adjusted net income was $53.2 million, with adjusted earnings per share at $0.66.
  • Margins and Cash Flow: The net income margin was 17.9%, while the adjusted net income margin was 19.5%. Adjusted EBITDA was $86.7 million, with an adjusted EBITDA margin of 31.7%. Cash flow from operations was $82.8 million, and the company maintained cash and cash equivalents of $405.2 million with no bank debt outstanding as of June 30, 2025.
  • Acquisition Announcement: Cactus Inc. announced an agreement to acquire a 65% majority interest in Baker Hughes, signaling strategic growth in the energy sector.

Analyst Projections

Analysts had projected a diluted earnings per share of $0.716 for the quarter, compared to $0.750 in the previous year. Revenue was expected to be $278.8 million, a slight decrease from $290.4 million in the same quarter last year. For the fiscal year, analysts estimated earnings per share of $2.70, down from $2.77, with projected revenue of $1.11 billion, compared to $1.13 billion in the prior year.

Company Overview

Cactus Inc. is a key player in the energy equipment and services industry, producing wellhead systems, valves, and flow control products. The company markets its products globally and was listed on the New York Stock Exchange following its IPO on February 8, 2018. As of July 29, 2025, Cactus Inc.’s stock closed at $46.8, with a 52-week high of $70.01 and a low of $33.8. The company’s market capitalization stands at approximately $3.2 billion, with a price-to-earnings ratio of 17.05527.

Sustainability Efforts

In line with regulatory requirements, Cactus Inc. has submitted its Business Responsibility and Sustainability Report for the financial year 2024-25. This report is part of the company’s commitment to transparency and sustainability, and it will be available on the company’s website.

Cactus Inc.’s strategic acquisition and robust financial performance underscore its position as a significant entity in the energy sector, despite the challenges reflected in its recent earnings report.