Cactus (WHD) Operating Income (2017 - 2026)
Cactus' Operating Income came in at $83.58 million for Q2 2026, up 37.5% from $60.81 million a year earlier and up 68.8% from the prior quarter.
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Analysis
Cactus (WHD) Operating Income (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cactus reported Operating Income of $254.17 million, down 8.1% year-over-year; for FY2025, it came in at $250.5 million, down 13.5% from FY2024.
- Operating Income carries a five-year compound annual growth rate of 29.0% (FY2020 to FY2025).
- Going back by year, Operating Income was $289.61 million in FY2024 (+9.6%), $264.37 million in FY2023 (+51.3%), $174.75 million in FY2022 (+131.7%) and $75.43 million in FY2021 (+7.7%).
- The Q2 2026 figure represents the highest quarterly Operating Income since Q3 2023.
- Year-over-year, Operating Income increased in two of the last eight quarters, with an average decline of 7.8%.
- The fastest year-over-year change in Operating Income over five years came in Q4 2021 (growth of 205.3%), and the weakest in Q1 2026 (a decline of 27.8%).
- Business Quant data shows WHD's Operating Income at $49.5 million (Q1 2026), $59.85 million (Q4 2025) and $61.23 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 1.07 Bn |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 859.00 Mn |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | -1.59 Bn |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 778.00 Mn |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 193.00 Mn |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | 30.48 Mn |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 152.00 Mn |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 107.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 51.10 Mn |
| 10 | Cactus | 4.44 Bn | 3.45 Bn | 149.72 Mn | 83.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.58 Mn |
| 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 |
API Access
Cactus Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=WHD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "WHD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=WHD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();