Cactus (WHD) Cost of Revenue (2017 - 2026)

Cactus has reported Cost of Revenue for 10 years, with the latest figure at $207.5 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 454.94% year-over-year to $207.5 million; the trailing twelve-month figure through Mar 2026 stood at $374.1 million (up 150.1% YoY), and the FY2025 full-year result was $48.0 million, down 11.77% from the prior year.
• Cost of Revenue for Q1 2026 stood at $207.5 million, up from $10.7 million in the prior quarter.
• The five-year high for Cost of Revenue was $231.1 million in Q4 2022, with the low at -$234.8 million in Q4 2023.
• Historically, Cost of Revenue has averaged $47.9 million across 5 years, with a median of $34.6 million in 2024.
• Annual changes were most pronounced in 2023 — Cost of Revenue sank 201.58% — and 2026, when it surged 454.94%.
• Cactus' Cost of Revenue stood at $231.1 million in 2022, then slumped by 201.58% to -$234.8 million in 2023, then jumped by 78.21% to -$51.2 million in 2024, then surged by 120.92% to $10.7 million in 2025, then surged by 1838.08% to $207.5 million in 2026.
• The last three Cost of Revenue figures came in at $207.5 million (Q1 2026), $10.7 million (Q4 2025), and $32.4 million (Q3 2025), per Business Quant data.