WHD Q2 2023 Earnings — Cactus, Inc. Revenue & Financial Results | Market Cap Arena

WHDCactus, Inc.

$3B

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$306M+79.7% YoY

Gross Profit

$105M34.2% margin

Operating Income

$49M15.9% margin

Net Income

$25M8.1% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

+33.9%

Cash Flow

Operating Cash Flow

$108M

Free Cash Flow

$100M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$524M

Stockholders' Equity

$761M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$306M	$170M	+79.7%
Gross Profit	$105M	$59M	+77.6%
Operating Income	$49M	$44M	+9.7%
Net Income	$25M	$27M	-8.8%

Revenue Segments

Product

$232M76%

Product and Service, Other

$46M15%

Rental Revenue

$28M9%