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Cactus Q3 net income jumps 48% year over year to $74.09 million; Q3 revenues rise 63% year over year to $430.89 million
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Cactus Q3 net income jumps 48% year over year to $74.09 million; Q3 revenues rise 63% year over year to $430.89 million
  • Cactus' third-quarter 2026 net income rose 48% year-over-year to $74.09 million, while revenue climbed 63% to $430.89 million.
  • Quarter-end backlog totaled $615.6 million, while cash and cash equivalents stood at $354.2 million.
  • A newly approved Spoolable Technologies manufacturing facility in the Middle East is expected to begin operations in 2029.
  • Management expects consolidated fourth-quarter revenue to increase modestly from the third quarter.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cactus Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-067952), on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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