WHD Q1 2024 Earnings — Cactus, Inc. Revenue & Financial Results | Market Cap Arena

WHDCactus, Inc.

$3B

Q1 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$274M+20.0% YoY

Gross Profit

$105M38.4% margin

Operating Income

$63M22.8% margin

Net Income

$39M14.2% margin

EPS (Diluted)

$0.59

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$86M

Free Cash Flow

$78M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$475M

Stockholders' Equity

$893M

Cash & Equivalents

$194M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$274M	$228M	+20.0%
Gross Profit	$105M	$80M	+32.3%
Operating Income	$63M	$50M	+25.9%
Net Income	$39M	$43M	-9.2%

Revenue Segments

Product

$208M76%

Product and Service, Other

$43M16%

Rental Revenue

$24M9%