Cactus (WHD) Operating Leases (2019 - 2026)
Cactus (WHD) reported Operating Leases of $29.9 million for Q1 2026, up 57.3% on a YoY basis from $19.0 million in Q1 2025, and up 89.58% quarter-over-quarter from $15.8 million in Q4 2025.
Cactus (WHD) Operating Leases (2019 - 2026) Analysis & Trends
Cactus has reported Operating Leases for 8 years, with the latest figure at $29.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 57.3% year-over-year to $29.9 million; the trailing twelve-month figure through Mar 2026 stood at $29.9 million (up 57.3% YoY), and the FY2025 full-year result was $15.8 million, down 21.38% from the prior year.
- Operating Leases for Q1 2026 stood at $29.9 million, up from $15.8 million in the prior quarter.
- The five-year high for Operating Leases was $29.9 million in Q1 2026, with the low at $15.7 million in Q3 2023.
- Historically, Operating Leases has averaged $18.5 million across 5 years, with a median of $17.9 million in 2025.
- Annual changes were most pronounced in 2025 — Operating Leases dropped 21.38% — and 2026, when it soared 57.3%.
- Cactus' Operating Leases stood at $18.4 million in 2022, then rose by 4.06% to $19.1 million in 2023, then gained by 5.0% to $20.1 million in 2024, then dropped by 21.38% to $15.8 million in 2025, then soared by 89.58% to $29.9 million in 2026.
- The last three Operating Leases figures came in at $29.9 million (Q1 2026), $15.8 million (Q4 2025), and $16.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn |
| 10 | Cactus | 3.91 Bn | 3.86 Bn | 180.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.93 Mn |
| Dec 31, 2025 | 15.79 Mn |
| Sep 30, 2025 | 16.88 Mn |
| Jun 30, 2025 | 17.94 Mn |
| Mar 31, 2025 | 19.03 Mn |
| Dec 31, 2024 | 20.08 Mn |
| Sep 30, 2024 | 19.41 Mn |
| Jun 30, 2024 | 18.95 Mn |
| Mar 31, 2024 | 20.28 Mn |
| Dec 31, 2023 | 19.12 Mn |
| Sep 30, 2023 | 15.75 Mn |
| Jun 30, 2023 | 16.36 Mn |
| Mar 31, 2023 | 17.43 Mn |
| Dec 31, 2022 | 18.38 Mn |
| Sep 30, 2022 | 17.58 Mn |
| Jun 30, 2022 | 15.86 Mn |
| Mar 31, 2022 | 16.57 Mn |
| Dec 31, 2021 | 17.65 Mn |
| Sep 30, 2021 | 17.97 Mn |
| Jun 30, 2021 | 18.22 Mn |