Cactus (WHD) Cost of Revenue (2017 - 2026)
Cactus (WHD) posted quarterly Cost of Revenue of $234.1 million for Q2 2026, up 89.57% year-over-year from $123.5 million in Q2 2025, and up 12.85% on a QoQ basis from $207.5 million in Q1 2026.
Cactus (WHD) Cost of Revenue (2017 - 2026) Analysis & Trends
Cactus has reported Cost of Revenue for 10 years, with the latest figure at $234.1 million in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $234.1 million, up 89.57% year-over-year; the trailing twelve-month figure through Jun 2026 was $686.4 million (up 39.23% YoY), and the FY2025 annual result was $489.8 million, down 1.44% from the prior year.
- Cost of Revenue climbed to $234.1 million in Q2 2026, from $207.5 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $234.1 million in Q2 2026 and troughed at $60.9 million in Q1 2022.
- A 5-year average of $122.0 million and a median of $121.3 million in 2025 frame the typical range for Cost of Revenue.
- The widest annual swing landed in 2023, when Cost of Revenue soared 115.72%; it then retreated 14.11% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $74.0 million in 2022, then surged by 57.82% to $116.8 million in 2023, then climbed by 2.1% to $119.3 million in 2024, then increased by 1.59% to $121.2 million in 2025, then soared by 93.21% to $234.1 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $234.1 million in Q2 2026, $207.5 million in Q1 2026, and $121.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 126.73 Mn |
| 10 | Cactus | 4.86 Bn | 4.50 Bn | 215.38 Mn | 234.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 234.15 Mn |
| Jun 30, 2026 | 234.15 Mn |
| Mar 31, 2026 | 58.71 Mn |
| Mar 31, 2026 | 58.71 Mn |
| Dec 31, 2025 | -226.72 Mn |
| Dec 31, 2025 | -226.72 Mn |
| Sep 30, 2025 | 10.84 Mn |
| Sep 30, 2025 | 10.84 Mn |
| Jun 30, 2025 | 123.52 Mn |
| Jun 30, 2025 | 123.52 Mn |
| Mar 31, 2025 | 13.74 Mn |
| Mar 31, 2025 | 13.74 Mn |
| Dec 31, 2024 | 455.90 Mn |
| Dec 31, 2024 | 455.90 Mn |
| Sep 30, 2024 | 35.78 Mn |
| Sep 30, 2024 | 35.78 Mn |
| Jun 30, 2024 | 34.61 Mn |
| Jun 30, 2024 | 34.61 Mn |
| Mar 31, 2024 | 12.95 Mn |
| Mar 31, 2024 | 12.95 Mn |