WHD Q1 2023 Earnings — Cactus, Inc. Revenue & Financial Results | Market Cap Arena

WHDCactus, Inc.

$3B

Q1 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$228M+56.6% YoY

Gross Profit

$80M34.8% margin

Operating Income

$50M21.8% margin

Net Income

$43M18.8% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

+21.6%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

$45M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$594M

Stockholders' Equity

$737M

Cash & Equivalents

$75M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$228M	$146M	+56.6%
Gross Profit	$80M	$45M	+76.5%
Operating Income	$50M	$31M	+60.3%
Net Income	$43M	$21M	+108.1%

Revenue Segments

Product

$160M70%

Product and Service, Other

$41M18%

Rental Revenue

$28M12%