Cactus (WHD) Change in Receivables (2017 - 2026)
Cactus (WHD) reported Change in Receivables of $63.2 million for Q1 2026, up 124.94% on a YoY basis from $28.1 million in Q1 2025, and up 275.96% quarter-over-quarter from -$35.9 million in Q4 2025.
Cactus (WHD) Change in Receivables (2017 - 2026) Analysis & Trends
Cactus has reported Change in Receivables for 10 years, with the latest figure at $63.2 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Receivables rose 124.94% year-over-year to $63.2 million; the trailing twelve-month figure through Mar 2026 stood at $8.6 million (down 28.09% YoY), and the FY2025 full-year result was -$26.4 million, down 102.66% from the prior year.
- Change in Receivables for Q1 2026 stood at $63.2 million, up from -$35.9 million in the prior quarter.
- The five-year high for Change in Receivables was $63.2 million in Q1 2026, with the low at -$35.9 million in Q4 2025.
- Historically, Change in Receivables has averaged $5.0 million across 5 years, with a median of $3.0 million in 2024.
- The largest YoY upside for Change in Receivables was 832.81% in 2025 against a maximum downside of 660.08% in 2025.
- Cactus' Change in Receivables stood at $6.4 million in 2022, then plunged by 112.09% to -$779000.0 in 2023, then slumped by 506.42% to -$4.7 million in 2024, then plunged by 660.08% to -$35.9 million in 2025, then surged by 275.96% to $63.2 million in 2026.
- The last three Change in Receivables figures came in at $63.2 million (Q1 2026), -$35.9 million (Q4 2025), and -$6.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 338.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | -20.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 293.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 122.60 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | -38.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -71.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 36.59 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 41.95 Mn |
| 10 | Cactus | 3.91 Bn | 3.86 Bn | 180.86 Mn | 63.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.18 Mn |
| Mar 31, 2026 | 63.18 Mn |
| Dec 31, 2025 | -35.91 Mn |
| Dec 31, 2025 | -35.91 Mn |
| Sep 30, 2025 | -6.25 Mn |
| Sep 30, 2025 | -6.25 Mn |
| Jun 30, 2025 | -12.37 Mn |
| Jun 30, 2025 | -12.37 Mn |
| Mar 31, 2025 | 28.09 Mn |
| Mar 31, 2025 | 28.09 Mn |
| Dec 31, 2024 | -4.72 Mn |
| Dec 31, 2024 | -4.72 Mn |
| Sep 30, 2024 | -8.68 Mn |
| Sep 30, 2024 | -8.68 Mn |
| Jun 30, 2024 | -2.65 Mn |
| Jun 30, 2024 | -2.65 Mn |
| Mar 31, 2024 | 3.01 Mn |
| Mar 31, 2024 | 3.01 Mn |
| Dec 31, 2023 | -779,000.00 |
| Dec 31, 2023 | -779,000.00 |