Growth Metrics

Cactus (WHD) Operating Expenses (2017 - 2025)

Cactus (WHD) has disclosed Operating Expenses for 9 consecutive years, with $201.4 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses changed 0.16% year-over-year to $201.4 million, compared with a TTM value of $828.6 million through Dec 2025, down 1.39%, and an annual FY2025 reading of $828.6 million, down 1.39% over the prior year.
  • Operating Expenses was $201.4 million for Q4 2025 at Cactus, down from $202.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $257.3 million in Q2 2023 and bottomed at $72.8 million in Q1 2021.
  • Average Operating Expenses over 5 years is $168.9 million, with a median of $198.3 million recorded in 2023.
  • The sharpest move saw Operating Expenses crashed 36.13% in 2021, then skyrocketed 104.25% in 2023.
  • Year by year, Operating Expenses stood at $104.2 million in 2021, then soared by 33.92% to $139.6 million in 2022, then soared by 40.67% to $196.3 million in 2023, then rose by 2.73% to $201.7 million in 2024, then decreased by 0.16% to $201.4 million in 2025.
  • Business Quant data shows Operating Expenses for WHD at $201.4 million in Q4 2025, $202.7 million in Q3 2025, and $212.8 million in Q2 2025.