Cactus (WHD) EBITDA (2017 - 2026)
Cactus (WHD) reported EBITDA of $49.5 million for Q1 2026, down 27.85% on a YoY basis from $68.6 million in Q1 2025, and down 17.29% quarter-over-quarter from $59.8 million in Q4 2025.
Cactus (WHD) EBITDA (2017 - 2026) Analysis & Trends
Cactus has reported EBITDA for 10 years, with the latest figure at $49.5 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 27.85% year-over-year to $49.5 million; the trailing twelve-month figure through Mar 2026 stood at $231.4 million (down 21.74% YoY), and the FY2025 full-year result was $250.5 million, down 13.5% from the prior year.
- EBITDA for Q1 2026 stood at $49.5 million, down from $59.8 million in the prior quarter.
- The five-year high for EBITDA was $87.6 million in Q3 2023, with the low at $31.0 million in Q1 2022.
- Historically, EBITDA has averaged $60.5 million across 5 years, with a median of $60.8 million in 2025.
- Annual changes were most pronounced in 2022 — EBITDA surged 166.35% — and 2026, when it dropped 27.85%.
- Cactus' EBITDA stood at $48.2 million in 2022, then surged by 62.9% to $78.6 million in 2023, then decreased by 10.31% to $70.5 million in 2024, then fell by 15.05% to $59.8 million in 2025, then declined by 17.29% to $49.5 million in 2026.
- The last three EBITDA figures came in at $49.5 million (Q1 2026), $59.8 million (Q4 2025), and $61.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 4.41 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 782.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 679.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 361.80 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -9.32 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 47.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 123.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 201.60 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 171.11 Mn |
| 10 | Cactus | 3.91 Bn | 3.86 Bn | 180.86 Mn | 49.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.50 Mn |
| Dec 31, 2025 | 59.85 Mn |
| Sep 30, 2025 | 61.23 Mn |
| Jun 30, 2025 | 60.81 Mn |
| Mar 31, 2025 | 68.61 Mn |
| Dec 31, 2024 | 70.45 Mn |
| Sep 30, 2024 | 76.79 Mn |
| Jun 30, 2024 | 79.82 Mn |
| Mar 31, 2024 | 62.55 Mn |
| Dec 31, 2023 | 78.55 Mn |
| Sep 30, 2023 | 87.60 Mn |
| Jun 30, 2023 | 48.52 Mn |
| Mar 31, 2023 | 49.69 Mn |
| Dec 31, 2022 | 48.22 Mn |
| Sep 30, 2022 | 51.30 Mn |
| Jun 30, 2022 | 44.24 Mn |
| Mar 31, 2022 | 30.99 Mn |
| Dec 31, 2021 | 25.71 Mn |
| Sep 30, 2021 | 20.77 Mn |
| Jun 30, 2021 | 17.31 Mn |