Cactus, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $1.13B | $1.10B | $688.4M | $438.6M | $348.6M | $628.4M | $544.1M |
| Cost of Revenue | $679.6M | $693.4M | $690.7M | $445.9M | — | — | — | — |
| Gross Profit | $399.4M | $436.4M | $406.3M | $242.4M | — | — | — | — |
| Gross Margin | 37.0% | 38.6% | 37.0% | 35.2% | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $148.9M | $130.5M | $127.1M | $67.7M | $46.0M | $39.7M | $51.7M | $40.5M |
| Operating Income | $250.5M | $289.6M | $264.4M | $174.7M | $75.4M | $70.0M | $183.2M | $177.7M |
| Operating Margin | 23.2% | 25.6% | 24.1% | 25.4% | 17.2% | 20.1% | 29.1% | 32.7% |
| Interest Expense | $695.0K | $639.0K | $3.8M | $268.0K | $313.0K | $317.0K | $315.0K | $3.6M |
| Pretax Income | $260.7M | $299.3M | $262.4M | $176.6M | $75.1M | $70.2M | $188.3M | $169.8M |
| Income Tax Expense | $59.0M | $66.5M | $47.5M | $31.4M | $7.7M | $11.0M | $32.0M | $19.5M |
| Net Income | $166.0M | $185.4M | $169.2M | $110.2M | $49.6M | $34.4M | $85.6M | $51.7M |
| Net Margin | 15.4% | 16.4% | 15.4% | 16.0% | 11.3% | 9.9% | 13.6% | 9.5% |
| EPS (Basic) | — | — | — | — | — | — | — | $1.60 |
| EPS (Diluted) | — | — | — | — | — | — | $1.88 | $1.58 |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | 74.9M |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | — | 74.9M |
| Dividends Per Share | $0.54 | $0.50 | $0.46 | $0.44 | $0.38 | $0.36 | $0.09 | — |