Cactus, Inc. (WHD) Gross Margin (2017 - 2026)
Cactus (WHD) posted Gross Margin of 84.88% for Q1 2026, down 54.56% on a QoQ basis from 186.8% in Q4 2025, and down 1022.0% year-over-year from 9.21% in Q1 2025.
Cactus, Inc. (WHD) Gross Margin (2017 - 2026) Analysis & Trends
Cactus' Gross Margin history runs 10 years deep, the most recent figure standing at 84.88% for Q1 2026.
- Quarterly Gross Margin fell 1022.0% year-over-year to 84.88% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 102.84% (up 5037.0% YoY) and the FY2025 annual result came in at 86.86%, up 3083.0% from the prior year.
- Gross Margin was 84.88% for Q1 2026 at Cactus, down from 186.8% in the prior quarter.
- Across five years, Gross Margin topped out at 186.8% in Q4 2025 and bottomed at 67.54% in Q4 2024.
- A 5-year average of 75.26% and a median of 88.56% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 16953 bps — and 2025, when it jumped 25433 bps.
- Cactus' Gross Margin stood at 108.87% in 2022, then sank by 156 bps to 60.66% in 2023, then slipped by 11 bps to 67.54% in 2024, then jumped by 377 bps to 186.8% in 2025, then tumbled by 55 bps to 84.88% in 2026.
- Business Quant data shows WHD's Gross Margin at 84.88% in Q1 2026, 186.8% in Q4 2025, and 95.89% in Q3 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 84.88% |
| Dec 31, 2025 | 186.80% |
| Sep 30, 2025 | 95.89% |
| Jun 30, 2025 | 54.85% |
| Mar 31, 2025 | 95.10% |
| Dec 31, 2024 | -67.54% |
| Sep 30, 2024 | 87.80% |
| Jun 30, 2024 | 88.08% |
| Mar 31, 2024 | 95.28% |
| Dec 31, 2023 | -60.66% |
| Sep 30, 2023 | 94.60% |
| Jun 30, 2023 | 88.56% |
| Mar 31, 2023 | 92.96% |
| Dec 31, 2022 | 108.87% |
| Sep 30, 2022 | 60.02% |
| Jun 30, 2022 | 90.99% |
| Mar 31, 2022 | 83.00% |
| Dec 31, 2021 | -5.79% |
| Sep 30, 2021 | 56.91% |
| Jun 30, 2021 | 83.75% |