WHD Q2 2024 Earnings — Cactus, Inc. Revenue & Financial Results | Market Cap Arena

WHDCactus, Inc.

$3B

Q2 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$290M-5.0% YoY

Gross Profit

$110M37.9% margin

Operating Income

$83M28.5% margin

Net Income

$50M17.2% margin

EPS (Diluted)

$0.75

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$78M

Free Cash Flow

$68M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$472M

Stockholders' Equity

$955M

Cash & Equivalents

$247M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$290M	$306M	-5.0%
Gross Profit	$110M	$105M	+5.0%
Operating Income	$83M	$49M	+70.4%
Net Income	$50M	$25M	+101.3%

Revenue Segments

Product

$221M76%

Product and Service, Other

$44M15%

Rental Revenue

$25M9%