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Cactus (WHD) Revenue & Revenue Breakdown

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Cactus Revenue Highlights

Latest Revenue (Y)

$1.08B

Latest Revenue (Q)

$263.95M

Main Segment (Y)

Product

Cactus Revenue by Period

Cactus Revenue by Year

DateRevenueChange
2025-12-31$1.08B-4.49%
2024-12-31$1.13B3.00%
2023-12-31$1.10B59.36%
2022-12-31$688.37M56.95%
2021-12-31$438.59M25.83%
2020-12-31$348.57M-44.53%
2019-12-31$628.41M15.49%
2018-12-31$544.13M59.48%
2017-12-31$341.19M120.06%
2016-12-31$155.05M-29.97%
2015-12-31$221.40M-

Cactus generated $1.08B in revenue during NA 2025, up -4.49% compared to the previous quarter, and up 309.57% compared to the same period a year ago.

Cactus Revenue by Quarter

DateRevenueChange
2025-09-30$263.95M-3.52%
2025-06-30$273.57M-2.41%
2025-03-31$280.32M3.01%
2024-12-31$272.12M-7.18%
2024-09-30$293.18M0.96%
2024-06-30$290.39M5.93%
2024-03-31$274.12M-0.27%
2023-12-31$274.87M-4.52%
2023-09-30$287.87M-5.87%
2023-06-30$305.82M33.89%
2023-03-31$228.41M21.64%
2022-12-31$187.77M1.79%
2022-09-30$184.48M8.38%
2022-06-30$170.22M16.67%
2022-03-31$145.90M12.30%
2021-12-31$129.92M12.61%
2021-09-30$115.36M5.94%
2021-06-30$108.89M28.99%
2021-03-31$84.42M23.98%
2020-12-31$68.09M13.88%
2020-09-30$59.79M-10.16%
2020-06-30$66.55M-56.83%
2020-03-31$154.14M9.91%
2019-12-31$140.24M-12.79%
2019-09-30$160.81M-4.56%
2019-06-30$168.49M6.05%
2019-03-31$158.88M13.62%
2018-12-31$139.82M-7.19%
2018-09-30$150.66M8.74%
2018-06-30$138.54M20.36%
2018-03-31$115.11M9.85%
2017-12-31$104.78M9.12%
2017-09-30$96.03M17.28%
2017-06-30$81.88M39.95%
2017-03-31$58.50M18.08%
2016-12-31$49.55M34.80%
2016-09-30$36.76M-

Cactus generated $263.95M in revenue during Q3 2025, up -3.52% compared to the previous quarter, and up 90.90% compared to the same period a year ago.

Cactus Revenue Breakdown

Cactus Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Rental Revenue$85.24M$101.78M$113.63M$100.45M$61.63M
Product$825.47M$852.26M$810.38M$452.62M$280.91M
Product and Service, Other$168.34M$175.76M$172.95M$135.30M$96.05M

Cactus's latest annual revenue breakdown by segment (product or service), as of Dec 25: Product (76.50%), Product and Service, Other (15.60%), and Rental Revenue (7.90%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Product$201.43M$206.82M$208.26M$208.96M$202.45M$221.41M$220.90M$207.51M$204.68M$214.29M$231.89M$159.51M$124.56M$121.78M$112.23M$94.04M$83.77M$74.83M$70.34M$51.96M
Rental Revenue$18.97M$17.36M$21.79M$27.12M$25.66M$26.98M$25.21M$23.94M$28.71M$28.88M$28.22M$27.82M$27.31M$27.11M$23.70M$22.34M$19.23M$15.27M$14.64M$12.49M
Product and Service, Other$40.81M$39.77M$43.53M$44.24M$44.02M$44.80M$44.28M$42.67M$41.47M$44.70M$45.71M$41.08M$35.90M$35.59M$34.29M$29.52M$26.92M$25.26M$23.90M$19.97M

Cactus's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Product (77.11%), Product and Service, Other (15.62%), and Rental Revenue (7.26%).

Cactus Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
LBRTLiberty Energy$4.01B$947.40M
OIIOceaneering$2.78B$742.90M
ARLPAlliance Resource Partners$2.19B$571.37M
TDWTidewater$1.35B$341.11M
STNGScorpio Tankers$1.34B$391.34M
KGSKodiak Gas Services$1.31B$322.74M
WHDCactus$1.08B$263.95M
DKLDelek Logistics Partners, LP$1.01B$261.28M
USACUSA Compression Partners, LP$998.10M$250.26M
BSMBlack Stone Minerals$422.33M$77.90M
INSWInternational Seaways$201.52M$11.32M

WHD Revenue FAQ

What is Cactus’s yearly revenue?

Cactus's yearly revenue for 2025 was $1.08B, representing a decrease of -4.49% compared to 2024. The company's yearly revenue for 2024 was $1.13B, representing an increase of 3.00% compared to 2023. WHD's yearly revenue for 2023 was $1.1B, representing an increase of 59.36% compared to 2022.

What is Cactus’s quarterly revenue?

Cactus's quarterly revenue for Q3 2025 was $263.95M, a -3.52% decrease from the previous quarter (Q2 2025), and a -9.97% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $273.58M, a -2.41% decrease from the previous quarter (Q1 2025), and a -5.79% decrease year-over-year (Q2 2024). WHD's quarterly revenue for Q1 2025 was $280.32M, a 3.01% increase from the previous quarter (Q4 2024), and a 2.26% increase year-over-year (Q1 2024).

What is Cactus’s revenue growth rate?

Cactus's revenue growth rate for the last 3 years (2023-2025) was -1.63%, and for the last 5 years (2021-2025) was 146.03%.

What are Cactus’s revenue streams?

Cactus's revenue streams in c 25 are Rental Revenue, Product, and Product and Service, Other. Rental Revenue generated $85.24M in revenue, accounting 7.90% of the company's total revenue, down -16.25% year-over-year. Product generated $825.47M in revenue, accounting 76.50% of the company's total revenue, down -3.14% year-over-year. Product and Service, Other generated $168.34M in revenue, accounting 15.60% of the company's total revenue, down -4.22% year-over-year.

What is Cactus’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Cactus was Product. This segment made a revenue of $825.47M, representing 76.50% of the company's total revenue.