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Cactus, Inc. — Third Quarter 2026 Earnings Summary

Cactus, Inc. reported third-quarter 2026 revenue of $430.9 million and net income of $74.1 million, with diluted earnings per share of $0.87. The Spoolable Technologies segment drove growth with a 20.2% sequential revenue increase, while the Pressure Control segment saw an 11.4% decline due to lower Middle East shipments. Adjusted EBITDA for the quarter reached $132.0 million, representing a 30.6% margin, and the company's backlog grew by over $150 million to close at $615.6 million. Additionally, the Board approved the construction of a new Spoolable Technologies manufacturing facility in the Middle East and declared a quarterly cash dividend of $0.15 per Class A share.

Company
CACTUS INC
Sector
Energy
Industry
Oil & Gas Equipment & Services