Cactus stock reports 64.30 percent revenue growth
Published on 10/01/2026 at 04:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cactus stock reported Q2 2026 revenue of USD 449.53 million, up 64.30 percent from the prior-year quarter, while adjusted earnings per share reached USD 0.93 against USD 0.64 consensus. On September 30, 2026, TradingView reported that Citigroup cut its Cactus price target from USD 75.00 to USD 73.00 while maintaining a Neutral rating.
Q2 revenue reached USD 449.53 million
The second-quarter figures, released on July 29, 2026, show revenue growth accelerating after Cactus expanded its operating footprint. MarketBeat reported that revenue exceeded the USD 400.82 million consensus estimate by USD 48.71 million, while quarterly EPS rose from USD 0.66 in the prior-year quarter to USD 0.93.
The comparison matters because the top line grew 64.30 percent year over year, while the earnings result exceeded consensus by USD 0.29 per share. MarketBeat also reported a 6.01 percent net margin and a 16.66 percent return on equity for the quarter.
Q3 margins set the next test
Cactus disclosed its September investor presentation in a September 8, 2026 filing. The SEC filing showed USD 837.88 million of revenue and USD 232.83 million of Adjusted EBITDA for the six months ended June 30, 2026, producing a 27.80 percent Adjusted EBITDA margin.
The same filing set Q3 2026 Pressure Control Adjusted EBITDA margin guidance at 23.00 percent to 25.00 percent. Spoolable Technologies guidance called for a 39.00 percent to 41.00 percent Adjusted EBITDA margin, making the segment mix an important counterweight to the pressure-control outlook.
Prior close was EUR 55.00
The prior close at Lang & Schwarz was EUR 55.00 on September 29, 2026. Cactus had a market capitalization of USD 4.3 billion as of September 30, 2026, while its 52-week range was USD 33.20 to USD 74.07.
Cactus stock facts
- Company: Cactus, Inc.
- Ticker: WHD
- Primary exchange: NYSE
- Prior close Lang & Schwarz (September 29, 2026): EUR 55.00
- Market capitalization: USD 4.3 billion (as of September 30, 2026)
- 52-week range: USD 33.20-USD 74.07 (as of September 30, 2026)
- Sector / Industry: Energy / Oil and Gas Equipment and Services
