WHD Q3 2023 Earnings — Cactus, Inc. Revenue & Financial Results | Market Cap Arena

WHDCactus, Inc.

$3B

Q3 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$288M+56.0% YoY

Gross Profit

$112M38.9% margin

Operating Income

$88M30.4% margin

Net Income

$53M18.3% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

-5.9%

Cash Flow

Operating Cash Flow

$80M

Free Cash Flow

$70M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$454M

Stockholders' Equity

$821M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$288M	$184M	+56.0%
Gross Profit	$112M	$67M	+66.6%
Operating Income	$88M	$51M	+70.8%
Net Income	$53M	$31M	+67.3%

Revenue Segments

Product

$214M74%

Product and Service, Other

$45M16%

Rental Revenue

$29M10%